The average retail price of a used Class 8 fell for the third consecutive month in June, ACT Research reported, calling the trend a significant downturn even as the average retail price remained above $90,000.
July 27, 2022Search
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UPS Beats Q2 Estimates, but Delivery Volume Drops More Than Expected
UPS Inc. posted better-than-expected second-quarter earnings July 26, thanks in part to a big leap in the price of domestic parcel revenues during the three-month period that ended June 30.
July 26, 2022Knight-Swift Posts Higher Earnings, Revenue for Q2
Knight-Swift Transportation Holdings Inc. experienced revenue and earnings growth during the second quarter, the company reported July 20.
July 21, 2022J.B. Hunt Names Shelley Simpson Company President
J.B. Hunt Transport Services Inc. appointed Shelley Simpson president — the first woman to serve in that role.
July 20, 2022J.B. Hunt Reports Q2 Revenue Jump to $3.84 Billion
J.B. Hunt Transport Services Inc. on July 19 posted earnings and revenue growth for the second quarter that was driven by strong segment results.
July 20, 2022Marten Reports Record-Breaking Results for Q2
Marten Transport on July 18 reported the highest operating revenue and operating income in its history for the second quarter.
July 19, 2022UPS Expands Cargo Services in India to Seize Airfreight Boom
UPS Inc. opened a second airport cargo-handling facility in India to capture soaring pandemic-driven demand for airfreight.
July 19, 2022Trucking Faces Pressure to Prepare for Holidays Early
Supply chain pressures are forcing trucking to get an early start to the holiday shipping season despite a shift of underlying conditions within the industry.
July 18, 2022Averitt Announces Pay Increases for Drivers
Cookeville, Tenn.-based Averitt Express announced July 13 it was raising pay for its less-than-truckload drivers as well as providing a new guaranteed weekly minimum for its regional and flatbed drivers and a shorter waiting period in receiving benefits coverage for its new hires.
July 13, 2022XPO Names New Tech Brokerage Company RXO
XPO Logistics’ new tech-enabled brokerage platform that is set to begin operations in the fourth quarter will be called RXO, the company announced July 12.
July 12, 2022