Fleet Management

Fleets

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August 12, 2014 - Industry News

U.S. Xpress Ups Pay for Solo Drivers

U.S. Xpress, Chattanooga, Tenn., is increasing its base mileage pay and making other compensation changes for over-the-road, solo, non-dedicated truck drivers.

Tags: Fleets, U.S. Xpress, Driver Pay

August 12, 2014 - Industry News

Con-way Truckload Raising Driver Pay

Con-way Truckload has announced the rollout of an enhanced driver compensation package that raises per-mile pay, effective Sept. 7 for both company drivers and independent contractors.

Tags: Drivers, Fleets, Con-way Truckload, Driver Pay, Con-way Inc.

August 11, 2014 - Industry News

Roadrunner Transportation Purchasing Active Aero Group for $115 Million

Roadrunner Transportation Systems has entered into a definitive merger agreement to acquire Active Aero Group from the investment firm Platinum Equity.

Tags: Fleets, Roadrunner Transportation, Mergers & Acquisitions

August 6, 2014 - Industry News

Celadon Second Quarter Profit More Than Doubles

The trucking operation Celadon Group Inc. more than doubled its net income in the second quarter of the year while revenue increased 21.4%.

Tags: Celadon Group, Fleets, Earnings

August 4, 2014 - Industry News

Schneider Hiring 150 Drivers in Dallas Area

It said the need is due to growing needs across the company’s driving divisions, including: van truckload, dedicated, intermodal, tanker and regional operations.

Tags: Drivers, Fleets, Schneider

July 31, 2014 - Industry News

YRC Worldwide Posts Smaller Second Quarter Loss

Photo: Evan Lockridge

YRC Worldwide Inc. cut it second quarter net loss to $4.9 million, or 16 cents per share, from $15.1 million, or $1.72 per share, from the same time a year ago.

Tags: Fleets, Earnings, YRC Worldwide, YRC Freight

July 31, 2014 - Industry News

Roadrunner Profit Edges Higher to $14.8 Million

The asset-light trucking and logistics service provider, Roadrunner Transportation Systems, has reported a small increase in its second quarter profit while revenue gained 36.6%.

Tags: Fleets, Roadrunner Transportation, Earnings

July 31, 2014 - Industry News

USA Truck Reports First Profit Since 2011

“While continuing the work of implementing our turnaround plan, the progress we are making is evident in virtually every area of our business,” said President and CEO John Simone.

Tags: Fleets, Earnings, USA Truck

July 31, 2014 - Industry News

ODFL Profit Jumps 26.5%, ArcBest Triples

Photo: Evan Lockridge

Less-than-truckload carrier, Old Dominion Freight Line, posted a 19.1% increase in its second quarter revenue while profit gained by a wider margin.

Tags: Old Dominion Freight Line, Fleets, Earnings, Panther, ABF, ArcBest Corp.

July 31, 2014 - Industry News

Con-Way Reports Record Net Income in Second Quarter

Trucking company and logistics parent Con-way Inc. has reported second-quarter net income of $53.7 million, or 93 cents per diluted share. This compares to second-quarter 2013 net income of $42.9 million, or 75 cents per diluted share.

Tags: Fleets, Earnings, Con-Way, Con-way Inc.

July 30, 2014 - Industry News

California Supreme Court Rules Against Carrier in Misclassification Lawsuit

The California Supreme Court issued a decision this week affirming the state’s labor and unemployment compensation laws are not preempted by federal statute, specifically the Federal Aviation Administration Authorization Act of 1994.

Tags: Drivers, California, Fleets, Litigation, Independent Contractors

July 30, 2014 - Industry News

C.H. Robinson Worldwide Profit Increases 6%

It totaled nearly $118.6 million compared to almost $111.9 while net revenue increased 10.2% to $521 million for the Minnesota-based company.

Tags: Fleets, Earnings, C.H. Robinson

July 29, 2014 - Industry News

XPO Logistics Posts Smaller Loss, Purchases New Breed Logistics

XPO Logistics posted a smaller net loss in the second quarter of the year compared to a year ago, while announcing an acquisition along with the completion of an earlier purchase.

Tags: Fleets, Logistics, Mergers & Acquisitions, XPO Logistics

July 29, 2014 - Industry News

UPS Net Profit Tumbles, Expectations Lowered

Profit for package delivery and trucking giant UPS tumbled in the second quarter due to retirement liabilities for some union employees.

Tags: UPS, Fleets, Earnings, UPS Freight

July 28, 2014 - Industry News

ABF Reportedly Considering Move to Memphis, Expansion

Photo courtesy ABF.

While there has been no official word from less-than-truckload carrier ABF Freight or its parent ArcBest Corp., it appears the company has plans for a move and expansion of one of its primary facilities.

Tags: Tennessee, Arkansas, Fleets, ABF, ArcBest Corp., LTL

July 28, 2014 - Industry News

Total Quality Logistics Expanding with St. Louis Office

The freight brokerage firm Total Quality Logistics has selected St. Louis to open its new office, giving it locations in 14 states.

Tags: Missouri, Fleets, Logistics, Total Quality Logistics

July 28, 2014 - Industry News

P.A.M Second Quarter Profit Jumps More Than 80%

Dry van truckload carrier P.A.M. Transportation Services has reported a sharp upturn in profit for the second quarter of the year despite a small drop in revenue.

Tags: Fleets, Earnings, P.A.M. Transportation

July 28, 2014 - Industry News

Schneider Doubling Size of Bulk Intermodal Trailer Service

Freight transportation provider Schneider plans to double the size of its bulk intermodal trailer service to around 1,000 units throughout all of North American, including with new service into Canada and Mexico.

Tags: Intermodal, Fleets, Schneider, Schneider National

July 25, 2014 - Industry News

Judge Approves $3 Million Settlement in OOIDA, C.R. England Case

A federal judge, ending more than a decade of litigation, has approved a legal settlement between the Owner-Operator Independent Drivers Association and the trucking company C.R. England.

Tags: Drivers, C.R. England, OOIDA, Fleets, Litigation, Independent Contractors

July 25, 2014 - Industry News

Swift Transportation Profit Falls in Second Quarter

Profit for the trucking company Swift Transportation fell in the second quarter of the year despite an increase in revenue.

Tags: Fleets, Earnings, Swift Transportation

July 24, 2014 - Industry News

Covenant Profit Doubles During Second Quarter

Tennessee-based Covenant Transportation Group said net income totaled $3.8 million, or 25 cents per share, compared with net income of $1.9 million, or 13 cents per share in the second quarter of 2013.

Tags: Covenant Transport, Fleets, Earnings

July 23, 2014 - Industry News

Knight Transportation Profit Gains 36%, New Business Unit Formed

Trucking company and logistics provider Knight Transportation has reported a second quarter profit showing a 36% increase from the same time a year ago.

Tags: Fleets, Earnings, Knight Transportation

July 23, 2014 - Industry News

Landstar Posts Record Second Quarter Profit, Revenue

Photo: Evan Lockridge

Landstar System has reported record second quarter net income of $35.9 million, or 80 cents per diluted share, on record revenue of $814 million in the 2014 second quarter.

Tags: Fleets, Earnings, Landstar

July 23, 2014 - Industry News

Forward Air Profit Increases 24.6% in Second Quarter

Photo: Evan Lockridge

Forward Air has reported operating revenue for the quarter ended June 30, increased 21.3% to $193.9 million from $159.8 million for the same quarter in 2013.

Tags: Fleets, Earnings, Forward Air

July 22, 2014 - Industry News

Analyst Questions Filing Charges Against FedEx Over Drug Shipments

Photo via FedEx Facebook page

Why is the government filing charges against parcel delivery and trucking giant FedEx? That is the key question said the investment firm Stifel in a note to investors following FedEx disclosing last week it had been indicted by the federal government for allegedly engaging in unlawful distribution of controlled substances.

Tags: Law Enforcement, Crime & Fraud, Fleets, FedEx

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