Logistics News
Schneider Posts Higher Revenue, Lower Profits in First Quarter
Schneider reported solid growth but lower overall profits in the first quarter of 2017 compared聽with the same period a year ago in its first quarterly financial report since becoming a public-traded company in April.
May 11, 2017Radiant Logistics Posts $396,000 Profit, Beating 2016 Levels
Radiant Logistics made $396,000 in profit in the fiscal third quarter, representing January through March 2017, reversing a $2.2 million loss one year ago.
May 10, 2017XPO Completes LTL Rebranding
XPO Logistics said May 9 it has finished the rebranding of its North American less-than-truckload business a little more than 18 months after it was acquired from Con-way Inc.
May 10, 2017ITS Logistics Appoints Sanders CEO to Replace Founder Lynch
ITS Logistics has promoted Greg Sanders to take over as CEO, replacing Jeff Lynch, who started the business with two college buddies in 1999 and who will remain a part-owner and member of the board of directors.
May 9, 2017Opinion: Network Analysis Takes on More Importance
We keep seeing signs that things are looking up for the trucking industry. Most of the relevant economic indicators are favorable for trucking. Commodities are getting stronger, oil rig counts are increasing and the housing recovery is persisting. At the same time, small businesses are feeling a greater sense of optimism, and improvements to the tax code may boost entrepreneurialism. Low unemployment rates ultimately will lead to higher wages, giving consumers more money to spend and putting more goods on trucks.
May 8, 2017XPO Quarterly Results Soar, Bolstered by LTL, Last Mile
XPO Logistics Inc. earned a profit in the first quarter of the year for the first time since 2010, rocketing past analyst expectations on the strength of its linehaul, cross-dock and pickup-and-delivery operations.
May 8, 2017Manufacturers Want Trailer GHG Rule Included in Trump Campaign to Roll Back Regulations
The Truck Trailer Manufacturers Association has expanded its offensive against the part of the federal Phase 2 greenhouse gas rule that concerns trailers by asking the U.S. Environmental Protection Agency to consider a Trump administration executive order intended to prune burdensome regulations.
May 8, 2017Swift Launches Digital Marketing Strategy for Truck Drivers
Swift Transportation is reaching out to young people with a digital marketing campaign that promotes the company鈥檚 culture, size and emphasis on job advancement.
May 5, 2017American Consumer Comfort Remains Close to a 15-Year High
Consumer confidence last week held close to the highest level in more than 15 years as Americans felt a little better about their finances and whether it鈥檚 a good time to spend, Bloomberg Consumer Comfort Index data showed May 4.
May 4, 2017XPO Turns Last Year's First-Quarter Loss Into This Year鈥檚 Profit
XPO Logistics turned last year鈥檚 first-quarter net loss into a profit of similar magnitude even though revenue was flat, the company said May 3.
May 3, 2017