February 6, 2015
Echo Global Logistics Makes Purchase, Increases Profit Almost 70%
February 5, 2015
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.
The one-time head of the defunct Arrow Trucking has pleaded guilty to charges of tax fraud and faces many years in prison.
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.
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
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.
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.
The less-than-truckload services provider Saia Inc. has purchased LinkEx Inc. an asset-light, third-party logistics provider based in Dallas, Texas.
The parent company to trucking operations ABF Freight, Panther Premium Logistics and others reported profit increased 41% in the final quarter of 2014 while it nearly tripled for all of last year.
February 3, 2015
The trucking company Heartland Express Inc. on Tuesday announced fourth quarter 2014 earnings showing net income increased 36% from the same time in 2013 totaling $21.5 million.
Depending on how you look at it, parcel and trucking giant UPS either saw its fourth quarter profit fall a little or a lot compared to a year earlier, thanks to expenses incurred avoiding the previous year's holiday delivery delays.
January 30, 2015
FedEx Corp. announced on Friday it completed the acquisition of Genco Distribution System Inc., one of the largest third-party logistics providers in North America.
The Truckload Carriers Association and the driver training company CarriersEdge have selected 20 trucking companies from across North America as top fleets in the Best Fleets to Drive For competition.
The less-than-truckload and logistics services provider Saia Inc. on Friday reported a significant hike in its fourth quarter net income, totaling $13.6 million compared to $8.1 million a year earlier.
Net income totaled $32.7 million while revenue increased 7% to $553.2 million. Earning per diluted share were up 49% to 45 cents.
January 29, 2015
The trucking operation Landstar System Inc. reported record quarterly revenue on Thursday as part of its fourth quarter earnings release.
January 28, 2015
The Indiana-based trucking operation Celadon Group Inc. on Wednesday reported a near 67% increase in its net profit during its fiscal second quarter ending with the close last December.
Trucking company Knight Transportation Inc. has reported significant increases in net income and revenue for the final quarter of last year and for all of 2014.
January 27, 2015
Marten Transport Ltd. on Tuesday reported its highest net income and operating revenue for any quarter in its history.
January 26, 2015
Freight transportation and logistics provider Celadon Group Inc. on Monday announced its purchase of North Carolina-based carrier Taylor Express.
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