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TFI International Reports Record Results for 1Q

Another quarter, another record for TFI International when the Montreal-based conglomerate released its first-quarter financial report April 23.

April 25, 2019

UPS Cites Winter Weather for 1Q Earnings Downturn

UPS Inc. said difficult weather including heavy snow, extremely cold temperatures and spring flooding impacted its first-quarter 2019 earnings when the company announced its financial results April 25.

April 25, 2019

UPS Sees Payoff From $20 Billion Tech Bet, but Investors Remain Wary

UPS Inc. is counting on algorithms you can’t see to prove that investors were wrong to doubt its three-year, $20 billion technological makeover. It’s all part of CEO David Abney’s bet on squeezing out costs and becoming more nimble as UPS adjusts to surging e-commerce deliveries.

April 23, 2019

Cameron Ramsdell to Lead Newly Formed U.S. Xpress Ventures

U.S. Xpress Enterprises Inc. announced it established U.S. Xpress Ventures, a business unit focused on developing and implementing new asset-based business models and technology strategies within the company. It named Cameron Ramsdell president of the new unit.

April 23, 2019

Celadon Sells Logistics Group, Hopes for Financial Reporting in Fall

Celadon Group Inc. is selling its Celadon Logistics brokerage and third-party logistics subsidiary in a $60 million deal that helps advance the Indianapolis-based company’s plan to shore up its business in the wake of accounting troubles that date back several years.

April 22, 2019

Heartland Express Continues to Post Profit Improvement

Heartland Express Inc. reported another quarter of profit improvement despite a weakening freight environment and bad weather in the first quarter of 2019.

April 22, 2019

Roadrunner Board Nominates Donald Brown, Christopher Jamroz

Roadrunner Transportation Systems Inc.’s board of directors has nominated Donald Brown and Christopher Jamroz for election to the board at its annual meeting to be held May 22.

April 22, 2019

P.A.M. Transportation Reports Record 1Q Earnings

Continuing a trend that started in 2017, higher rates from customers in a strong freight market produced record profits for P.A.M. Transportation Services in the first quarter of 2019.

April 19, 2019

UPS CEO David Abney Earns Horatio Alger Award

For more than 70 years, the Horatio Alger award has been bestowed upon individuals who have overcome adversity to achieve success and remained committed to both higher education and helping others. So UPS CEO David Abney is in good company. But his 3-year-old grandson's reaction to the news has kept him humble.

April 16, 2019