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Landstar Reports Record-Setting Q4 Revenue

Landstar System Inc. on Jan. 27 reported record-setting fourth-quarter revenue that helped lift the company’s profits for the period.

January 28, 2021

Knight-Swift Reports Rise in Profit, Revenue for Q4

Knight-Swift Transportation Holdings Inc. reported a surge in net income and higher total revenue for the fourth quarter of 2020, the company reported Jan. 27.

January 27, 2021

Navistar, GM Cooperate on Fuel Cell System for Class 8 in 2024

Navistar Inc. announced it intends to produce a zero-emission longhaul truck using fuel cell systems supplied by General Motors and will have an International RH Series FCEV model commercially available in 2024.

January 27, 2021

U.S. Xpress Latest to Invest in TuSimple

U.S. Xpress Enterprises Inc. announced it made a “significant” investment in autonomous trucking company TuSimple and that CEO Eric Fuller was named to TuSimple’s executive advisory board.

January 26, 2021

Covenant Reports Mixed Results for Q4 2020

Covenant Logistics Group Inc. posted a net loss of $25.7 million, or minus $1.50 a diluted share, for the three months ending Dec. 31, the Chattanooga, Tenn.-based truckload carrier announced Jan. 25.

January 26, 2021

J.B. Hunt Reports Strong Q4, Full-Year Earnings

J.B. Hunt Transport Services reported higher earnings and revenue for the fourth quarter of 2020, but said income dipped even as revenue rose for the full year.

January 25, 2021

TFI Buys UPS Freight for $800 Million

TFI International Inc. is acquiring UPS Freight in an $800 million deal announced Jan. 25.

January 25, 2021

U.S. Xpress CEO Details Economic Forecast for 2021

U.S. Xpress Enterprises CEO Eric Fuller on Jan. 20 detailed the findings of an economic report his company did on the trucking industry.

January 21, 2021

Werner Invests in TuSimple to Spur Autonomous Trucking

Transportation and logistics provider Werner Enterprises announced it invested in TuSimple, an autonomous trucking technology company founded in 2015, and described it as an important milestone in the journey to become an environmental leader.

January 20, 2021