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Universal Posts Higher Revenue, Lower Profit in Q3

Universal Logistics Holdings posted higher revenue, but earnings declined during the third quarter, the carrier reported Oct. 28.

October 29, 2021

Forward Air Reports Rise in Q3 Net Income

Forward Air Corp. saw revenue and net income growth during the third quarter of 2021, the company reported Oct. 27.

October 28, 2021

Schneider Reports 147% Jump in Earnings for Q3

Schneider National saw third-quarter earnings surge 147% from last year, using its “scaled and diversified platform” to deliver solutions, the carrier reported Oct. 28.

October 28, 2021

September Shatters Already High Used Class 8 Prices

In a market growing even hotter in September, the average price for a used Class 8 and for a 3-year-old Class 8 set records, blowing past those set a month earlier. The average price for an 8-year-old heavy-duty used truck even took an unexpected and dramatic leap higher, ACT Research reported.

October 27, 2021

Ryder Reports Strong Q3, Beats Expectations

Vehicle leasing and rental company Ryder System Inc. reported strong third-quarter earnings on Oct. 27, exceeding Wall Street analysts’ expectations.

October 27, 2021

Old Dominion Posts Record Quarterly Profits, Revenue

Old Dominion Freight Line posted large third-quarter increases in profits and revenue as it took advantage of tight freight capacity and focused on transitioning to more profitable accounts.

October 27, 2021

Current Driver-Assist Tech Effective, Experts Say

NASHVILLE, Tenn. — Driver-assist technologies that are already widely available on the commercial truck market have demonstrated that they can prevent crashes, save lives and reduce litigation-related costs, a group of industry experts said.

October 27, 2021

ATA Recognizes Trucking Industry Works With Awards Luncheon

NASHVILLE, Tenn. — American Trucking Associations’ Management Conference & Exhibition presented Robert Low, president and founder of Prime Inc., with the 2021 Cathy Evans Highway to Victory award.

October 26, 2021

UPS Reports Strong Third-Quarter Gains

UPS Inc.’s strategy to focus on more profitable segments of the shipping business paid off in the third quarter as its revenue per item shipped rose 13% and earnings climbed.

October 26, 2021