March 18, 2015 - Industry News
FedEx Corp. on Wednesday reported a 4% increase in revenue while profit jumped more than 50% in its most recent fiscal quarter.
Tags: Fleets, Earnings, FedEx, FedEx Freight, FedEx Ground, FedEx Express
March 10, 2015 - Industry News
Forward Air Corp. has formally completed is previously announced purchase CLP Towne Inc. combining two of the largest trucking companies moving freight to and from the nation’s airports.
Tags: Fleets, Mergers & Acquisitions, Forward Air
The trucking company PAM Transport Inc. has been ordered to pay 12 of its former truck drivers a total of $477,399 in a disability discrimination lawsuit brought by the U.S. Equal Employment Opportunity Commission.
Tags: Truck Drivers, Fleets, Safety & Compliance, Litigation, EEOC, PAM Transport
March 3, 2015 - Industry News
C.R. England is offering bonuses to all company and independent contractor driver trainers for apprentices who are successfully trained and upgraded. A pay increase was also announced for a large percentage of drivers in C.R. England’s regional fleets.
Tags: Driver Training, C.R. England, Driver Pay, Fleets
February 25, 2015 - Industry News
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.
Tags: Fleets, Earnings, Quality Distribution, Quality Carriers, Boasso America
February 23, 2015 - Industry News
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.
Tags: Fleets, Mergers & Acquisitions, Private Fleets, Sysco, US Foods
February 20, 2015 - Industry News
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.
Tags: Fleets, Earnings, Universal Truckload
February 18, 2015 - Industry News
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.
Tags: Fleets, Earnings, XPO Logistics
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.
Tags: Fleets, Mergers & Acquisitions, Port Trucking, Intermodal
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.
Tags: FMCSA, Colorado, Fleets, Safety & Compliance
February 16, 2015 - Industry News
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.
Tags: Fleets, Earnings, Radiant Logistics
February 13, 2015 - Industry News
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.”
Tags: ATA, Events, TMC, Alternative Fuels, Fleets
February 12, 2015 - Industry News
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.”
Tags: Fleets, Mergers & Acquisitions
February 11, 2015 - Industry News
The time-definite trucking and logistics services provider Forward Air Corp. has released figures showing a modest increases in earnings.
Tags: Fleets, Earnings, Forward Air
USA Truck Inc. on Wednesday reported net income of $6.03 million for 2014, its first annual profit following five straight years of losses.
Tags: Fleets, Earnings, USA Truck
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.
Tags: Regulations, OSHA, Fleets, Safety & Compliance, Saia
February 6, 2015 - Industry News
Hub Group Inc. did something few other large publicly traded trucking operations have done in announcing earnings: It reported a slight decline in profits.
Tags: Fleets, Earnings, Hub Group
Echo Global Logistics Makes Purchase, Increases Profit Almost 70%
Tags: 3PL, Fleets, Mergers & Acquisitions, Echo Global Logistics
February 5, 2015 - Industry News
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.
Tags: Fleets, Earnings, YRC Worldwide
The one-time head of the defunct Arrow Trucking has pleaded guilty to charges of tax fraud and faces many years in prison.
Tags: Arrow Trucking, Oklahoma, Crime & Fraud, Fleets, People
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.
Tags: Old Dominion Freight Line, Fleets, Earnings
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 - Industry News
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.
Tags: Con-way Freight, Fleets, Earnings, Con-way Truckload, Con-way Inc.
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.
Tags: 3PL, Fleets, Earnings, C.H. Robinson
The less-than-truckload services provider Saia Inc. has purchased LinkEx Inc. an asset-light, third-party logistics provider based in Dallas, Texas.
Tags: 3PL, Fleets, Mergers & Acquisitions, Saia
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