Universal Logistics Holdings reported first-quarter net income of $10.4 million, or 37 cents per share, a rise of 147% from $4.3 million reported for the first quarter a year ago.
April 26, 2018Search
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Justin Olsen, maintenance director at TCW, breaks down the hidden impact of poor trailer management on operations, compliance and safety.Â
UPS Delivers 1Q Net Income of $1.34 Billion, Up 15% Year-to-Year
UPS Inc. reported double-digit gains in the first quarter as a result of the strength of its global business as well as economic conditions.
April 26, 2018Mike Ducker to Step Down as FedEx Freight CEO on Aug. 15
Mike Ducker will retire Aug. 15 as president and CEO of FedEx Freight after leading the group for four years, FedEx Corp. announced April 16. His successor will be named later.
April 16, 2018Schneider, 8VC Partner to Boost Digital Supply Chain
Venture capital firm 8VC and diversified truckload carrier Schneider announced a partnership to leverage technology on trucks to create a pathway to a fully digital supply chain.
April 11, 2018Investors, Fleets Back Video-Based Telematics
A pair of recent events helped underscore the key role video is playing in fleet operations: Lytx, a video telematics provider, received a $700 million capital infusion from private equity firms; and Penske Logistics launched a video-based safety program in 2,800 of its heavy-duty trucks in its North America operations using equipment from SmartDrive Systems.
April 10, 2018Ryder Acquires Last-Mile Delivery Carrier MXD Group
Ryder System Inc. is acquiring all of the outstanding equity of MXD Group, an e-commerce fulfillment provider, with its North American network of facilities, including last-mile capabilities.
April 3, 2018UPS Pilots Complain About Shortage of Airplanes
UPS Inc. already was in trouble with Wall Street over a long-term investment plan to cope with soaring e-commerce. Now the company is clashing with its pilots union because of a short-term fix for the same challenge.
April 2, 2018UPS Begins Regular Cargo Flights Out of San Bernardino Airport
UPS Inc. has started operating five cargo flights a week out of San Bernardino International Airport, officials announced March 26.
March 28, 2018