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Business, Logistics, Top 100

Forward Air Reports Strong 2Q Earnings

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鈥檚 operating revenue increased to $330.3 million compared with $283.9 million, a 16% jump.

July 26, 2018
Government, Business, Top 100

Controversial $10 Million Toll Study Approved in Connecticut

Connecticut鈥檚 State Bond Commission recently approved a $10 million study to assess the feasibility of tolling on certain routes in the state.

July 26, 2018
Business, Logistics, Top 100

Landstar 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, 2018
Business, Logistics, Top 100

UPS 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鈥檚 ambitious investment plans started to win over investors.

July 26, 2018
Business, Logistics, Top 100

Covenant 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, 2018
Business, Logistics, Top 100

UPS 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, 2018
Business, Top 100

Tank/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, 2018
Business, Fuel, Logistics, Top 100

Heartland 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, 2018
Business, Top 100

J.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, 2018
Government, Business, Safety, Top 100

CDL 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