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GXO Reports $2.3 Billion in Revenue for Q4

GXO Logistics saw revenue grow 19% to $2.3 billion during the fourth quarter of 2021, the company reported Feb. 15.

February 15, 2022

Averitt Emphasizes People, Service on 50th Anniversary

Averitt Express marked a half century in business last year with celebrations at its facilities across the country, including its corporate headquarters in Cookeville, Tenn.

February 11, 2022

Universal Logistics Reports Record $467M Revenue for Q4

Universal Logistics Holdings reported its highest quarterly operating revenue ever Feb. 10 for the fourth quarter of 2021.

February 10, 2022

Suppliers Detail Supply Chain Challenges

Leaders of commercial vehicle suppliers weighed in, during recent earnings calls, on challenges to the supply chain and related concerns.

February 10, 2022

Acquisitions Fuel Mullen’s Record Q4 Revenue Growth

Mullen Group Ltd. reported a doubling of profits and record revenue for the fourth quarter.

February 10, 2022

U.S. Xpress Reports Mixed Q4

U.S. Xpress Enterprises saw a revenue gain but drop in income for the fourth quarter of 2021, the company reported Feb. 9.

February 10, 2022

Forward Air Reports Record Revenue, Earnings for Q4

Forward Air Corp. on Feb. 9 reported all-time quarterly records for revenue, net income and diluted shares for the fourth quarter of 2021.

February 10, 2022

PepsiCo Gains After Forecast Beats Estimates on Robust Demand

PepsiCo Inc. gave a full-year sales outlook that was ahead of estimates as the company looks to pass the burden of higher costs onto consumers.

February 10, 2022

Yellow CEO Darren Hawkins: Q4 Earnings Show Carrier on Right Track

Yellow Corp. CEO Darren Hawkins told Transport Topics that the less-than-truckload carrier’s recent financial performance demonstrates its moves to rebuild its fleet, secure new business while maintaining existing customers and implement new technologies are setting the stage for long-term growth.

February 10, 2022

UPS Freight Acquisition Fuels TFI’s Q4 Growth

TFI International reported gains in fourth-quarter and annual net income and revenue, helped by its acquisition of the UPS Freight operation.

February 9, 2022