For-Hire

About For-Hire News...
BusinessFor-Hire

Mullen Group Reports Lower Revenue for Q1

Mullen Group experienced a decrease in revenue and earnings during the first quarter of 2024, the company reported April 25.

April 25, 2024
BusinessLogisticsFor-Hire

Forward Air Hires Ex-Ceva Logistics Executive Stewart as CEO

Shawn Stewart is set to join Forward Air as CEO, effective April 28, the carrier said April 23. He also will join the asset-light transportation services group’s board of directors.

April 24, 2024
BusinessFor-Hire

ODFL Reports Q1 Revenue and Earnings Growth

Old Dominion Freight Line experienced growth in revenue and earnings for the first quarter of 2024, the company reported April 24.

April 24, 2024
BusinessLogisticsFor-Hire

UPS Reports 41% Earnings Drop During Q1

UPS Inc. experienced a 41.3% drop in earnings during the first quarter of 2024, the company reported April 23.

April 23, 2024
GovernmentBusinessFor-Hire

Five Auto Haulers to Merge as Backer Files for IPO

Five auto carriers look set to merge, with the combined entity likely to then add to its assets by buying up competitors, if an initial public offering pans out as planned.

April 17, 2024
BusinessFor-Hire

J.B. Hunt Reports $2.9 Billion Revenue for Q1

J.B. Hunt Transport Services Inc. experienced a decline in revenue and earnings during the first quarter of 2024, the company reported April 16.

April 17, 2024
BusinessTechnologyFor-Hire

Truck Software Developer Platform Science Raises $125M

Platform Science raised $125 million in capital to accelerate the launch of its software platform with additional truck manufacturers, a spokesperson for the company said April 16.

April 17, 2024
GovernmentBusinessTechnologyEquipmentLogisticsFor-HireGlobal Freight

Amazon Becomes the Largest US Private EV Charging Operator

Amazon has installed more than 17,000 chargers at about 120 warehouses around the U.S., making the retail giant the largest operator of private EV charging infrastructure in the country.

April 15, 2024
BusinessFuelLogisticsFor-Hire

Kenan Advantage Group Owner Omers Exploring IPO

Omers Private Equity is exploring an initial public offering of Kenan Advantage Group, one of North America’s biggest tank truck transporter and logistics providers, according to sources.

April 12, 2024
BusinessFor-Hire

Roadrunner Opens Service Center in Atlanta

Roadrunner opened a new less-than-truckload service center in Atlanta, the longhaul freight carrier announced April 10.

April 10, 2024