The Greenwich, Conn.-based less-than-truckload carrier posted net income of $76 million, compared with $58 million during the same time the previous year.
February 6, 2025Search
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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
LTL Players Eye Freight Market Turnaround, Industrial Upturn
Substantial change is expected in the U.S. less-than-truckload sector in 2025, according to market observers and executives, headed by the long-awaited freight market turnaround.
February 6, 2025Old Dominion Posts Revenue Decline to $1.4 Billion During Q4
Old Dominion Freight Line experienced a year-over-year decline in revenue during the fourth quarter due to its less-than-truckload operations moving fewer tons, the company said Feb. 5.
February 5, 2025Marten Transport Q4 Profit Halves on Freight Market Weakness
Profit at Marten Transport more than halved in the fourth quarter of 2024 as ongoing weakness in the freight environment hurt revenue and margins.
February 4, 2025Saia Reports Earnings Dip Amid Investments for Q4
Saia Inc. closed out 2024 with lower fourth-quarter earnings amid efforts to reinvest in the operations of the business, but it set a revenue record for the full year, the company said Feb. 3.
February 3, 2025ArcBest Sees Profit, Revenue Declines in Q4 2024
The Fort Smith, Ark.-based logistics company posted net income of $29 million, or $1.24 a diluted share, for the three months ending Dec. 31.
January 31, 2025UPS Posts 1.5% Revenue Growth; Shares Fall on Amazon Deal
UPS Inc. experienced revenue and earnings growth despite a tougher freight market in the fourth quarter of 2024, the parcel delivery company reported Jan. 30.
January 30, 2025Trimac Buys Flatbed Specialist Watt & Stewart
Trimac Transportation acquired flatbed and specialized haulage carrier Watt & Stewart for an undisclosed sum.
January 27, 2025Covenant Logistics Q4 Profit Slides on Helene, Higher Costs
Covenant reported a profit of $6.7 million or earnings per diluted share of 24 cents in Q4, just over half the $12.8 million or 47 cents per diluted share profit posted in Q4 2023.
January 27, 2025Knight-Swift Closes 2024 Preparing for Upturn
The Phoenix-based truckload motor carrier reported a revenue decline of 3.5% in the fourth quarter amid efforts to improve the business ahead of the expected up cycle.
January 23, 2025