Heartland Express reported second-quarter net income of $17.8 million, or 22 cents per share, a 22% increase from $14.6 million, or 18 cents, recorded in the second quarter of 2017.
July 19, 2018Search
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LTL Carriers Refine, Expand Services
Leaders at prominent less-than-truckload carriers are optimistic about the future as their companies adapt and expand services to capitalize on favorable long-term trends, such as the move toward smaller shipments and the growth of e-commerce.
July 16, 2018OSHA Opens Probe Into Fatal XPO Accident
The Occupational Safety and Health Administration has opened an investigation into a fatal accident at XPO Logistics in Lockport, N.Y., early June 25.
June 28, 2018Roadrunner Pares Losses for Full-Year 2017
Roadrunner Transportation Systems reported a net loss of $91.2 million for full-year 2017 compared with a loss of $360.3 million in 2016. The diluted loss per share was $2.37 for 2017 compared with a diluted loss per share of $9.40 for 2016.
June 22, 2018Penske Logistics to Buy Epes Transport
Penske Logistics will acquire Epes Transport System, a Greensboro, N.C., dry-van truckload and dedicated contract carriage provider, with more than 1,100 drivers. Terms were not disclosed.
June 20, 2018UPS Invests $130 Million in Natural Gas Vehicles, Infrastructure
UPS Inc. announced an additional $130 million investment in compressed natural gas vehicles, including 400 semi-tractors and 330 terminal trucks and five more fueling stations — underscoring the company’s role as a major catalyst for wide-scale adoption of natural gas vehicles.
June 19, 2018Amazon’s No Enemy — In Fact, It Needs Us, U.S. Xpress CEO Says
A vague mention of Amazon.com Inc.’s interest in any sector might be enough to send investors into a tizzy, but the top executive of U.S. Xpress Enterprises Inc. is unfazed.
June 18, 2018Wyoming Supreme Court Reverses Lower Court Ruling on CRST Wrongful Death Lawsuit
CRST International Inc. must stand trial in connection with a wrongful death lawsuit after a state supreme court overturned a lower court’s ruling in favor of the trucking company, according to court documents.
June 14, 2018KAG Merges Two Units Into Merchant Gas Group
Kenan Advantage Group Inc. announced it merged its two merchant gas subsidiaries — Jack B. Kelley and Cryogenic Transportation — into KAG Merchant Gas Group.
June 12, 2018Dr Pepper’s ‘Final’ Contract Offer Fizzles With Chicago Deliverers
A two-week strike by 150 Chicago Teamsters targeting Dr Pepper Snapple Group Inc. continues after drivers voted overwhelmingly to reject the soft drink company’s latest contract proposal, union officials said June 8.
June 11, 2018