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Landstar System Posts Record First Quarter

Landstar System reported its best first quarter with revenue jumping 34.2% to $1.05 billion and profits reaching a record $57.5 million, or $1.37 a share, as demand for freight hauling continued to strain truck capacity in the market.

April 25, 2018

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, 2018

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, 2018

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, 2018

XPO Logistics Announces May Launch of Google ºÚÁϳԹÏÍø, 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, 2018

Cyber Defenders: How Fleets Are Preventing Hackers From Disrupting IT Systems, Stealing Data

Cybersecurity threats are growing in both number and sophis­tication, 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, 2018

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, 2018

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, 2018

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