Fleets

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October 24, 2014

Swift Third-Quarter Profit Surges

With year-over-year profitability improvements in its truckload, intermodal and refrigerated segments, Swift Transportation saw its net income surge to $50.2 million in the third quarter, compared to $30 million a year ago.

October 24, 2014

Forward Air Third Quarter Income Higher

Net income during the period was $16.7 million compared to $14.2 million in the prior-year quarter or 54 cents per diluted share compared with 46 cents per diluted share.

October 24, 2014

UPS Grows Third Quarter Profit

Higher package volume and growth in distribution and UPS Freight business led UPS Inc. to an upswing in third-quarter earnings compared to a year ago.

October 23, 2014

Hub Group Profit Posts Big Decline

The Illinois-based operation reported income of $4.5 million compared to $18.6 million in the third quarter of 2013 with diluted earnings per share of 12 cents compared to 50 cents a year earlier.

October 23, 2014

FedEx Predicts Record Holiday Volume

The season is expected to be bolstered by three volume spikes throughout December, occurring the first three Mondays of the month and each expected to surpass 20 million shipments in volume.

October 23, 2014

Landstar Reports Record Profit, Revenue; Forecasts Higher Numbers

Freight transportation provider Landstar System has reported record third quarter net income of $36.8 million, or 82 cents per diluted share, on record revenue of $819 million.

October 23, 2014

Meek Named Celadon COO, Executive Vice President

Celadon Trucking Services parent Celadon Group has names Erik Meek chief operating officer. He previously served as executive vice president, chief financial officer and treasurer.

October 22, 2014

Knight Transportation Profit Leaps More Than 66%

With strong demand and tight capacity continuing, Knight Transportation's third-quarter profits are up more than 66% over a year ago, thanks to higher revenue per tractor and per loaded mile and fewer empty miles.

October 22, 2014

PS Logistics Purchases Two Tennessee-Based Fleets

The acquisition of Tennessee-based carriers adds a combined 220 new drivers, 210 tractor trucks and over 500 trailers to the P&S fleet offering reefer, flatbed and dump trucking services to customers including the aluminum, steel, food and building materials industries, according to PS Logistics.

October 21, 2014

UPS Follows FedEx with Rate Hike, Includes Freight Services

They will increase an average of 4.9% for UPS Freight along with the company’s ground, air and international operations for shipments within and between the U.S., Canada and Puerto Rico.

October 21, 2014

Werner Enterprises Reports 22% Net Income Increase

According to Werner, freight market dynamics began showing year-over-year improvement for the company in mid-November 2013, and that trend has continued for the last eleven months, including the first three weeks of October.

October 20, 2014

Trucking Research Group Names New Chairman

The American Transportation Research Institute named Judy McReynolds as its new chairman of the board, succeeding Steve Williams, CEO of Maverick Transportation.

October 20, 2014

ODFL Opening New Memphis Terminal

Memphis serves as one of the company’s busiest freight hubs due to its proximity to Interstate 40, Interstate 55, three major rail heads, the largest American cargo airport and the nation’s second largest inland port.

October 17, 2014

Safety & Compliance: Preparing For a Crash

Drivers and others at your company need to know what to do in the aftermath of a serious accident.

October 17, 2014

Nominate HDT's 2015 Truck Fleet Innovators

We are now accepting nominations for Heavy Duty Trucking’s 2015 Truck Fleet Innovators which honors the most innovative leaders in the industry.

October 17, 2014

Driver Turnover Increases, Recruiting Expected to Remain Tough

Driver turnover in the truckload sector continues to get worse, according to recently released figures, while a study of hard-to-fill occupations emphasizes the growing driver shortage.

October 16, 2014

ABF Freight President and CEO Retires, Replacement Named

The president and CEO of the trucking company ABF Freight System, Roy M. Slagle, retired on Wednesday following 37 years of service.

October 15, 2014

Graebel Sells Off Two Operations to All My Sons Moving Owners

Colorado-based Graebel Companies on Wednesday announced it had reached an agreement to sell Graebel Van Lines Inc. and the U.S. moving and storage operations of Graebel Movers Inc. to a rival’s newly created company.

October 15, 2014

Marten Transport Profit Falls Slightly

Trucking company Marten Transport Ltd. has reported net income of $7.7 million, or 23 cents per diluted share, for the third of the year, down slightly from $8 million, or 24 cents per diluted share, from the same time a year ago.

October 14, 2014

J.B. Hunt Profit Increases More Than 14%

J.B. Hunt Transport Services announced third quarter 2014 net earnings of $102.4 million, or diluted earnings per share of 87 cents compared to third quarter 2013 net earnings of $89.5 million, or 75 cents per diluted share.

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