Forward Air Corp., a mostly expedited LTL carrier, reported July 26 second-quarter net income of $24.3 million, or 83 cents per share compared with $19.7 million, or 65 cents, a 23% increase from a year ago. The company’s operating revenue increased to $330.3 million compared with $283.9 million, a 16% jump.
July 26, 2018Search
Showing 10 of 1202 results
= Premium Content
Seth Clevenger and Mike Senatore dive into the Transport Topics Top 100 list of the largest logistics companies. They address trade challenges, mergers, sector trends and more.
Controversial $10 Million Toll Study Approved in Connecticut
Connecticut’s State Bond Commission recently approved a $10 million study to assess the feasibility of tolling on certain routes in the state.
July 26, 2018Landstar Profit Jumps on Record Revenue
Landstar System reported record second-quarter net income of $62.5 million, or $1.51 a share, a rise of 67% from $37.5 million, and 89 cents per share, in the same period a year ago.
July 26, 2018UPS Surges as Jump in Foreign Sales Defies Rising Trade Tensions
UPS Inc. rose the most in almost seven years as international sales surged and the courier’s ambitious investment plans started to win over investors.
July 26, 2018Covenant Profits Jump on 20% Revenue Rise
Covenant Transportation Group reported a positive second quarter, recording greater revenues and income as it moved forward on its purchase of Landair Holdings.
July 26, 2018UPS Reports Steady 2Q Income, Revenue
UPS Inc. reported solid second-quarter growth in revenue and profits despite charges taken for its voluntary retirement plan and efforts to upgrade the firm.
July 25, 2018Tank/Bulk Carriers See Gains and Losses
Carriers in the tank/bulk sector posted modest gains in revenue as firms dealt with positive and negative market trends. Higher prices slowed demand for fuel shipments, while increases in oil and gas drilling and production of petrochemicals boosted demand for tankers.
July 23, 2018Heartland Profits Jump 22% in 2Q as Revenue Rises
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, 2018J.B. Hunt Chairman James Thompson Sells Over $1.9 Million of Shares
JB Hunt Transport Services Inc. Chairman James K. Thompson sold $1.98 million of shares, according to a filing with the U.S. Securities & Exchange Commission.
July 19, 2018CDL Training Gives C.R. England Executives Insight From Behind the Wheel
More than three dozen managers and front-office employees at C.R. England Inc. have taken classes to earn a commercial driver license at the request of CEO Chad England, who said he believes the experience of learning to drive big rigs will help the company be more responsive to the needs of drivers.
July 17, 2018