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Four fleets on the front lines of the race to net zero carbon emissions talk about the progress they’ve made — and the long road still ahead.
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Logistics provider Covenant Logistics Group has plans to add 40 Nikola Tre fuel-cell-electric trucks and 10 battery-electric trucks to its Class 8 fleet.
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When the fuel crisis of 2007-2008 hit, Covenant Transport, like virtually every other large carrier in North America, realized it needed to get its fuel consumption and costs under control. As with many fleets at the time, diesel-powered auxiliary power units were part of that solution.
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A load of publicly held trucking fleets released first quarter 2018 earnings – Forward Air, Knight-Swift, Landstar, Covenant, Echo Global, and Heartland – with all but one reporting better numbers than the same time a year ago.
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A Chattanooga, Tenn., native, Ryan Rogers also serves as a mentor for local transportation and logistics incubator Dynamo.
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Two major trucking companies on Monday announced huge increases in their earnings for the final quarter of 2017 and for all of last year, both due to changes made by Congress in federal tax laws.
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Covenant Transport has announced a new Teaming Bonus program with incentives of up to $40,000 that is aimed at driving teams and single drivers willing to convert to teaming.
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Three trucking fleets issued their third quarter earnings reports on Thursday, with two showing profits increasing significantly from the same time a year earlier, while the third was healthy but nearly the same as it was a year earlier.
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Covenant Transport has rebranded itself as Covenant Transport Services, the carrier announced, to emphasize the variety of services offered by the group, which includes Covenant Transport, Covenant Transport Solutions, Southern Refrigerated Transport and Star Transportation.
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The truckload, intermodal and logistics services provider Schneider National Inc. reported its first earnings since going public last month, showing a decline in profitability, while another company has revised its earnings, pushing it into the red.
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