Averitt Express has expanded its residential delivery network to provide shippers with a variety of direct-to-customer delivery options as demand for final-mile logistics services grows.
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TT's Seth Clevenger and Mike Senatore unpack the trends, surprises and shake-ups that define this year's Top 100 for-hire carriers..
Western Express to Invest $88 Million, Add 225 Jobs in Tennessee
Western Express, a Nashville-based freight company, announced May 1 it will spend $88 million and add 225 jobs as it adds new technology, business services and back-office support at its headquarters and expands its truck fleet nationwide.
May 1, 2019C.H. Robinson Beats Wall Street Expectations With 1Q Earnings
Freight broker and produce distributor C.H. Robinson Worldwide beat Wall Street profit expectations, even as it saw first-quarter total revenue decline 4.4% to $3.75 billion compared with $3.92 billion in the first quarter of 2018.
May 1, 2019Ford Partners With Amazon to Enable Package Deliveries
Ford Motor Co. is the latest automaker opening its vehicles’ trunks to Amazon.com., entering a partnership to enable delivery of packages directly to millions of Ford and Lincoln models.
April 30, 2019Werner Enterprises Revenue, Net Income Rise in 1Q
Werner Enterprises Inc., a transportation and logistics company, said its total revenue for the first quarter ending March 31 increased 6% to $596.1 million versus the prior year quarter, primarily attributable to dedicated fleet expansion, higher contractual rates and lane-mix changes.
April 30, 2019Celadon Group Sells Intermodal Operations to Bison Transport
Celadon Group Inc. sold its North American container-on-flatcar intermodal operations to Bison Transport of Winnipeg, Manitoba, according to an April 26 press release.
April 29, 2019Shanghai Tesla Factory Key to CEO Elon Musk’s Ambitions
Three months after groundbreaking, Tesla Inc. is rushing to complete its multibillion-dollar factory on the outskirts of Shanghai to capitalize on growing demand in the world’s largest electric car market.
April 29, 2019Walmart Capable of Matching Amazon’s One-Day Pledge, Analyst Says
Walmart Inc. could easily match Amazon.com’s one-day delivery gambit, according to an analyst who worked at the world’s largest retailer.
April 26, 2019Adoption of FA-4 Engine Oils Has Been Slow, but Early Tests May Point to Future Acceptance
The American Petroleum Institute’s latest heavy-duty engine oil standards, designated CK-4 and FA-4, have been on the market for more than two years, but only CK-4 lubricants have by and large replaced the previous CJ-4 formulation.
April 29, 2019Marten Transport Posts Record Results in First Quarter
Marten Transport Ltd. reported its best first-quarter operating revenue in the company’s 73-year history, according to an April 16 news release.
April 25, 2019