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Two of the biggest names in trucking, one in the shipping business and the other in the manufacturing sector, reported their fourth quarter 2017 and full-year earnings on Thursday morning and both showed big gains.
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Peak e-commerce season is stretching the limits of the nation's freight and package handling capabilities. Commentary by Editor in Chief Deborah Lockridge.
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UPS has announced it has reserved 125 Tesla Semis, the new electric Class 8 truck that was recently unveiled by Elon Musk.
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Package-hauling giant UPS signed an agreement with Big Ox Energy to purchase 10 million gallon equivalents of renewable natural gas per year. UPS said this is the company’s largest investment in RNG to date.
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UPS has joined the Blockchain in Trucking Alliance, stating that it sees a need to create industry standards and protocols to enable blockchain platforms to operate together with established technologies.
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UPS has announced that it is equipping more than 5,700 of its existing Class 8 tractors with advanced collision mitigation technology that can alert drivers to moving and stationary objects around the vehicle.
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The mainly less-than-truckload fleet Old Dominion Freight Line Inc. has reported its profit rose nearly 20% in the third quarter of the year, due in part to a better overall economy and freight rates.
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As a company, FCCC is strategically fuel-agnostic, currently building products powered by a range of alternative fuels, including liquified propane gas (LPG) and compressed natural gas (CNG) as well as traditional diesel and gasoline products.
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Less-than-truckload carrier Old Dominion Freight Line Inc. reported better profit and revenue in the first quarter of the year while UPS Inc. reported earnings showing growth across its business segments
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In 2014, UPS established a center of excellence for U.S.-Mexico trade. A team of experts evaluated and improved offerings, focusing on shippers’ needs. Then early last year, UPS announced it had strengthened those cross-border services.
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