The Montreal-based carrier saw its truckload unit revenue jump 64% to $693.2 million, but revenue at the LTL and Logistics divisions fell by 13% and 14%, respectively.
February 20, 2025Search
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Brian Work of CloneOps.ai discusses where AI agents fit into today’s supply chain workflows and what they might mean for the future of trucking operations.Â
Autonomous Trucking Approaches Inflection Point
LAS VEGAS — After many years of development work, autonomous trucks are now on the cusp of commercial driverless operations on highways, in logistics yards and on private sites.
February 20, 2025Proficient Q4 Revenue Slumps 15.9% on Weaker Margins
Proficient — the No. 4-ranked auto transporter — expects industry dynamics to improve in 2025, including through a reduction in carrier capacity due to the travails of Jack Cooper Holdings.
February 14, 2025Auto Hauler Jack Cooper Shuts Down After Losing Ford, GM
The dominoes started to topple when automaker Ford decided in January to end its relationship with Jack Cooper, bringing the curtain down on an approximately 40-year relationship.
February 14, 2025Mullen Group Posts 0.1% Revenue Gain
Mullen Group experienced a slight increase in revenue year over year but a dip in earnings during the fourth quarter of 2024, the company reported Feb. 13.
February 13, 2025Knight-Swift, A. Duie Pyle, TFI Buy Ex-Yellow Terminals
The three carriers bought a total of seven former Yellow terminals in private deals from the bankrupt LTL carrier’s administrators as each sought to bolster its LTL operations.
February 13, 2025Ryder Reports Growth From Strong Operations During Q4
“We are pleased to report that this quarter is the first quarter in the last eight with year-over-year comparable earnings growth," CEO Robert Sanchez said during a call with investors.
February 12, 2025Heartland Express Targets Major Operating Ratio Improvement
The Iowa-based company posted a loss in the fourth quarter of 2024 as the ongoing integration of two acquisitions alongside the industrywide freight recession weighed heavily on its OR.
February 10, 2025Werner Posts Q4 Declines in Profit, Revenue
Werner Enterprises reported year-over-year income and revenue declines during the fourth quarter of 2024.
February 7, 2025Hub Group Q4 Profit Falls Despite Intermodal Volume Growth
Fourth-quarter and full-year profit and revenue at Hub Group fell as lower revenue per load outweighed increased intermodal volume amid an ongoing weak freight market, the company said.
February 7, 2025