Forward Air Corp. reported better-than-expected results in the first quarter as strong demand and tight truckload capacity boosted expedited less-than-truckload shipping and intermodal services.
April 25, 2018Business, Top 100
Forward Air First-Quarter Results Better Than Expected
Business, Top 100
Heartland Express Posts Mixed Results in 1Q
Heartland Express reported first-quarter net income of $13.4 million, or 16 cents earnings per share. In comparison, first-quarter 2017 net income was $14 million, or 17 cents per share. Analysts had predicted earnings per share of 11 cents.
April 25, 2018Business, Top 100
Covenant Reports Solid First-Quarter Revenue, Income
Covenant Transportation Group reported first-quarter net income of $4.4 million, or 24 cents per share, compared with a net loss of $39,000 in the same period of 2017.
April 24, 2018Business, Logistics, TCA, Top 100
Change-of-Address Scam Moved UPS Corporate Headquarters to Tiny Chicago Apartment, Feds Say
The timeworn apartment building in Chicago’s Rogers Park neighborhood hardly looks like the corporate headquarters of one of the world’s largest shipping companies. But for a few recent months, that’s essentially what it became — at least as far as the U.S. Postal Service was concerned.
April 23, 2018Business, Technology, Logistics, Top 100
XPO Logistics Announces May Launch of Google 91ÊÓƵ, Amazon Echo for Last-Mile Delivery
XPO Logistics announced beginning in May customers will be able to track deliveries using Amazon’s Alexa and Google Assistant personal assistant technologies.
April 20, 2018Top 100
Werner Transportation Announces First Quarter Earnings Beating Expectations
Werner Enterprises Inc. on April 19 reported improved year-over-year revenue and earnings for its fiscal first quarter.
April 20, 2018Business, Technology, Safety, Top 100
Cyber Defenders: How Fleets Are Preventing Hackers From Disrupting IT Systems, Stealing Data
Cybersecurity threats are growing in both number and sophisÂtication, forcing transportation companies to take additional steps to prevent these attacks from crippling their information technology systems, compromising proprietary data or potentially even disrupting trucks’ electronic controls.
April 20, 2018Business, Top 100
Marten Reports Higher Profits, Revenue in 1Q
Marten Transport Ltd. reported higher profits and revenue in the first quarter of 2018 as the Mondovi, Wis.-based truckload carrier benefited from lower taxes and stronger demand for freight hauling.
April 19, 2018Business, Safety, Logistics, Top 100
Carriers Keep Rolling Out Driver Pay Raises
The need for truck drivers has spurred a number of carriers recently to raise compensation and entice qualified drivers to stick around.
April 19, 2018Business, Top 100
Daseke Buys Canadian Energy Services Firm Aveda
Daseke Inc. on April 16 continued its acquisition activity, announcing it will purchase Aveda Transportation and Energy Services, a large North American oil rig moving company based in Calgary, Alberta. The deal is expected to close in June.
April 18, 2018