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February 4, 2015 - Industry News

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.

Tags: Con-way Freight, Fleets, Earnings, Con-way Truckload, Con-way Inc.

February 4, 2015 - Industry News

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.

Tags: 3PL, Fleets, Earnings, C.H. Robinson

February 4, 2015 - Industry News

Saia Purchases Texas Third-Party Logistics Provider

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

February 4, 2015 - Industry News

ABF Freight Parent’s Annual Profit Nearly Triples

Photo: Evan Lockridge

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.

Tags: Fleets, Earnings, ABF, ArcBest Corp.

February 3, 2015 - Industry News

Heartland Fourth Quarter Profit Jumps 36%, Reports Record Annual Revenue

Photo: Evan Lockridge

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.

Tags: Fleets, Earnings, Heartland Express

February 3, 2015 - Industry News

UPS Fourth Quarter Profit Falls

Photo: UPS

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.

Tags: UPS, Fleets, Earnings, UPS Freight

January 30, 2015 - Industry News

FedEx Completes Genco Purchase

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.

Tags: 3PL, Fleets, Mergers & Acquisitions

January 30, 2015 - Industry News

Carriers Named in 'Best Fleets to Drive For' Competition

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.

Tags: Truck Drivers, Competition, Fleets, TCA, Best Fleets to Drive For, CarriersEdge, Truckload Carriers Association

January 30, 2015 - Industry News

Saia Posts Significant Increase in Fourth Quarter Profit

Photo: Saia

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.

Tags: Fleets, Earnings, Saia

January 30, 2015 - Industry News

Werner Profit Rises by 48%

Photo: Evan Lockridge

Net income totaled $32.7 million while revenue increased 7% to $553.2 million. Earning per diluted share were up 49% to 45 cents.

Tags: Werner Enterprises, Fleets, Earnings

January 29, 2015 - Industry News

Landstar Posts Higher Quarterly Profit

Photo: Evan Lockridge

The trucking operation Landstar System Inc. reported record quarterly revenue on Thursday as part of its fourth quarter earnings release.

Tags: Fleets, Earnings, Landstar System

January 28, 2015 - Industry News

Celadon Profit Skyrockets Almost 67%

Photo: Evan Lockridge

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.

Tags: Fleets, Earnings, Swift Transportation

January 28, 2015 - Industry News

Knight Transportation Net Income Leaps 64%

Photo: Knight Transportation

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.

Tags: Fleets, Earnings, Knight Transportation

January 27, 2015 - Industry News

Marten Transport Reports Record Quarterly Income, Revenue

Marten Transport Ltd. on Tuesday reported its highest net income and operating revenue for any quarter in its history.

Tags: Fleets, Earnings, Marten Transport

January 26, 2015 - Industry News

Celadon Purchases Taylor Express

Photo: Taylor Express

Freight transportation and logistics provider Celadon Group Inc. on Monday announced its purchase of North Carolina-based carrier Taylor Express.

Tags: Celadon Group, Fleets, Mergers & Acquisitions

January 22, 2015 - Industry News

West Virginia FedEx Freight Terminals Vote Against Teamsters

A day after announcing truck drivers at one FedEx Freight facility voted against representation by the Teamsters union, the company said Thursday another did the same.

Tags: Truck Drivers, Fleets, Teamsters, Labor Unions, FedEx Freight

January 22, 2015 - Industry News

Con-Way Launches Web Series about Women Truck Drivers

Con-way is launching a series on YouTube called “Women in Trucking” that features the firsthand experiences of two accomplished women truck drivers and their careers in truckload and less-than-truckload driving.

Tags: Con-way Freight, Women in Trucking, Con-way Truckload, Web Series, Fleets

January 22, 2015 - Industry News

Jury Rules Against Old Dominion in EEOC Lawsuit

HDT file photo by Deborah Lockridge

A federal jury earlier this month found that the trucking company Old Dominion Freight Line violated federal disability discrimination law when it denied accommodation to -- and then fired -- a truck driver who self-reported alcohol abuse, according to the U.S. Equal Employment Opportunity Commission.

Tags: Truck Drivers, Old Dominion Freight Line, Fleets, Litigation, EEOC

January 22, 2015 - Industry News

J.B. Hunt Profits Increase

J.B. Hunt Transport Services Inc. announced on Thursday increases in fourth quarter 2014 and full year net earnings.

Tags: Fleets, Earnings, JB Hunt

January 21, 2015 - Industry News

Teamsters Lose Latest Organizing Vote at FedEx Freight Terminal

The Teamsters Union has lost another vote in its recent efforts to organize more drivers at FedEx Freight.

Tags: Con-way Freight, Truck Drivers, Fleets, Teamsters, Labor Unions, FedEx Freight

January 21, 2015 - Industry News

Zenith Freight Lines Sold to Bassett Furniture

Photo: Zenith Global Logistics

Zenith Freight Lines LLC is selling the remaining 51% share not owned by Bassett Furniture Industries Inc. to the furniture manufacturer.

Tags: Fleets, Mergers & Acquisitions

January 21, 2015 - Industry News

Former Trucking CEO Pleads Guilty in Fraud Scheme

The former CEO of the trucking company USA Dry Van Logistics has pleaded guilty in federal court in Texas to charges of conspiracy to commit wire fraud and six counts of wire fraud.

Tags: FBI, Crime & Fraud, Fleets, People

January 20, 2015 - Industry News

Radiant Logistics Purchasing Canadian 3PL

Washington-based Radiant Logistics Inc. announced on Tuesday it has agreed to acquire Wheels Group Inc., one of the largest non-asset based third party logistics providers based in Canada.

Tags: Canada, Cross-Border Trucking, 3PL, Fleets, Mergers & Acquisitions

January 15, 2015 - Industry News

Kane Is Able Names New President, CEO

Michael J. Gardner, Kane Is Able new president and CEO. Photo: Kane Is Able

Third-party logistics provider Kane Is Able, Inc. has announced Michael J. Gardner its new president and CEO, effective earlier this week.

Tags: Fleets, People

January 13, 2015 - Industry News

Fleet Survey Shows Tight Truck Capacity Slowing Freight

Graphic: TCP

The latest industry survey by the consultancy group Transport Capital Partners sees a shortage of capacity and lack of qualified drivers changing the dynamics of freight, with trends in capacity and rates also contributing to a decline in broker freight.

Tags: Research, Hours of Service, Fleets, Capacity, Brokers, Transport Capital Partners, 34-Hour Restart

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