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
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
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
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 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
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
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
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
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
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
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 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
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
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
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
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
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
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
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
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
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
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
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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