Top 100

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Business, Logistics, Top 50, Top 100

XPO Logistics Reports Disappointing Earnings

XPO Logistics reported disappointing earnings for the fourth quarter of 2018 and lowered its guidance for 2019 due, in large part, to a sharp drop-off in shipments from its largest customer 鈥 believed to be Amazon.com.

February 14, 2019
Business, Technology, Equipment, Top 100

Class 8 Sales Jump 39.7% in January

Daimler Trucks North America rode its Freightliner brand to a nearly 50% market share of U.S. Class 8 retail sales in January as volume industrywide cleared 20,000 units, WardsAuto.com reported.

February 14, 2019
Business, Logistics, Top 100

FedEx Logistics Announces Headquarters Move

FedEx Logistics will move its global headquarters to the former Gibson Guitar factory building in Memphis, Tenn., according to a Feb. 12 press release.

February 13, 2019
Business, Top 100

Fleets Offer Salaries, Other Pay Models to Retain Drivers Amid Labor Shortage

Cents per mile remains the dominant form of pay in the for-hire truckload sector, but its dominance is not as strong as it once was as fleets embrace alternative pay models that take cyclicality out of driver pay. Fleets that have implemented new payment methods said drivers appreciate the steady income.

February 13, 2019
Government, Business, Technology, Autonomous, Top 100

Federal Framework on Autonomous Vehicles Policy Essential, UPS Executive Says

WASHINGTON 鈥 Nationwide policy for autonomous cars and trucks has the potential of facilitating the flow of freight while improving safety, according to a senior executive at UPS Inc. on Feb. 12.

February 13, 2019
Business, Top 100

New England Motor Freight Shutdown Shakes Less-Than-Truckload Freight Market

In a move sure to shake up the regional less-than-truckload freight market in the Northeast and Mid-Atlantic states, New England Motor Freight filed for bankruptcy Feb. 11 and said it intends to wind down all of its trucking operations.

February 12, 2019
Business, Technology, Top 100

Walmart Wants to Expand Reach in Online Advertising

Walmart Inc. is big in almost every way 鈥 4,755 stores, 1.5 million employees and $380 billion in revenue in the United States alone. But one part of the world鈥檚 largest retailer remains minuscule. 鈥淲e have a tiny ad business,鈥 CEO Doug McMillon told investors in October. 鈥淚t could be bigger.鈥

February 11, 2019
Business, Logistics, Top 100

U.S. Xpress Enterprises' Efficiency Moves Pay Off

Efforts by dry van truckload carrier U.S. Xpress Enterprises to boost profits by improving the efficiency of its trucking operations are paying off.

February 8, 2019
Business, Top 100

Forward Air Achieves Record Revenue, Profits in 4Q

Forward Air Corp. turned in its best-ever fourth quarter and full year in 2018 with profits topping expectations and revenue increasing across most of its freight service lines.

February 7, 2019
Top 100

Old Dominion Reports Revenue Gains for 4Q, Full Year

Old Dominion Freight Line Inc. on Feb. 7 reported strong fourth-quarter and full-year results.

February 7, 2019