Fleets

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February 25, 2015

Quality Distribution Sees a Return to Profits

The bulk chemical transportation provider Quality Distribution Inc moved from being in the red to the black in the fourth quarter of last year and for all of 2014.

February 23, 2015

FTC Looks to Stop Merger Combining Two of Nation’s Largest Private Fleets

The Federal Trade Commission has filed an administrative complaint charging that the proposed merger of Sysco and US Foods would violate the antitrust laws by significantly reducing competition nationwide and in 32 local markets for foodservice distribution services.

February 20, 2015

Universal Truckload Services Profit Slips

The logistics and customized freight transportation provider Universal Truckload Services Inc. has reported earnings showing profits declined slightly in the final quarter of last year and for all of 2014.

February 18, 2015

XPO Logistics Trims Quarterly Losses

XPO Logistics released financial numbers on Wednesday showing a net loss of $9.9 million for the fourth quarter of 2014, compared with a net loss of $10.6 million for the same period in 2013.

February 18, 2015

Neptune Orient Sells APL Logistics for $1.2 Billion

Singapore’s global container shipping and logistics company Neptune Orient Lines Ltd. has reached an agreement to sell its APL Logistics business for $1.2 billion.

February 18, 2015

FMCSA Orders Small Carrier Shut Down Due to Safety Violations

The Federal Motor Carrier Safety Administration declared a small Aurora, Colorado-based trucking company to be an imminent hazard to public safety and ordered it immediately shut down on Feb. 12, according to a news release issued Wednesday.

February 16, 2015

Radiant Logistics Grows Quarterly Profit

Non-asset based trucking and logistics provider Radiant Logistics Inc. managed to triple its net income during the most recent quarter, but it was still just barely in the black.

February 13, 2015

The TMC Annual Meeting Kicks off on President’s Day

The American Trucking Association’s Technology and Maintenance Council is holding its Annual Meeting from Feb. 16-19 at the Music City Center in Nashville. This year’s event will be themed “Fueling the Future.”

February 12, 2015

Parcel Carrier LSO Purchases Express Courier International

Regional parcel carrier LSO, has announced the acquisition of Express Courier International, a same-day carrier in the southeast and mid-south region, to form what it describes as “a super-regional parcel carrier.”

February 11, 2015

Forward Air Shows Slight Increase in Profits

The time-definite trucking and logistics services provider Forward Air Corp. has released figures showing a modest increases in earnings.

February 11, 2015

USA Truck Reports First Full-Year Profit After Five Years of Losses

USA Truck Inc. on Wednesday reported net income of $6.03 million for 2014, its first annual profit following five straight years of losses.

February 11, 2015

Saia Fined $119,000 Over Trucking Terminal Explosion

The trucking company Saia Motor Freight Line has been fined by the U.S. Department of Labor's Occupational Safety and Health Administration following an investigation regarding an explosion at one of its terminals last August, injuring four employees.

February 6, 2015

Hub Group Profits Move Slightly Lower

Hub Group Inc. did something few other large publicly traded trucking operations have done in announcing earnings: It reported a slight decline in profits.

February 6, 2015

Echo Global Logistics Makes Purchase, Increases Profit Almost 70%

Echo Global Logistics Makes Purchase, Increases Profit Almost 70%

February 5, 2015

YRC Worldwide Moves to Bigger 4th Quarter Profit

The parent to several trucking companies, including YRC Freight, released earnings Thursday showing an improvement in the fourth quarter, but the company was still in the red for all of last year.

February 5, 2015

Former Arrow Trucking CEO Admits to Charges, Sentencing in May

The one-time head of the defunct Arrow Trucking has pleaded guilty to charges of tax fraud and faces many years in prison.

February 5, 2015

Old Dominion Freight Line Increases Quarterly, Yearly Profits

The less-than-truckload carrier Old Dominion Freight line has reported net income for the final quarter of 2014 rose 48.2% to $69.9 million from $47.2 million a year earlier.

February 5, 2015

Forward Air Purchases Fellow Ground Expedite Provider CLP Towne

Forward Air Corp. has announced its Forward Air Inc. business has reached an agreement to purchase the trucking services provider CLP Towne Inc.

February 4, 2015

Con-way 4th Quarter Profit Leaps

Michigan-based trucking and logistics provider Con-way Inc. on Wednesday reported its fourth quarter 2014 profit was more than twice what it was a year earlier.

February 4, 2015

C.H. Robinson Worldwide Profit Increases 21.5%

The third party logistics provider C.H. Robinson Worldwide Inc. reported on Tuesday a 21.5% increase in net income for the final quarter of last year while it improved 8.1% for all of 2014.

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