Old Dominion Freight Line Inc. reported a dip in fourth-quarter profits and revenue as it contended with what the motor carrier called a challenging operating environment.
February 6, 2020Search
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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
Landstar Profits, Revenue Hurt by Weak Manufacturing Sector
Landstar System Inc. saw fourth quarter and 2019 earnings and revenue fall as the company dealt with sluggish trucking conditions and difficult comparisons with record 2018 financial results.
February 5, 2020U.S. Xpress Appoints Nathan Harwell to Two Executive Posts
Nathan Harwell has joined U.S. Xpress Enterprises Inc. as executive vice president and chief legal officer, the company announced Feb. 4.
February 5, 2020YRC Swings to a Loss for Q4 and 2019
YRC Worldwide Inc. posted losses for both the fourth quarter and the year as it was weighed down by the United Auto Workers strike against General Motors Co., facilities closings and weakening freight traffic in its core Midwest market.
February 5, 2020Celadon Might Sell Texas Facility as Bankruptcy Proceedings Continue
According to bankruptcy court documents, P.A.M. Transportation Services Inc. is seeking to purchase a trucking terminal and property in Laredo, Texas, that is owned by Celadon Group.
February 5, 2020UPS Appoints Stephen Denton to Lead Ware2Go
Stephen Denton was appointed CEO of on-demand fulfillment platform Ware2Go Inc., the company announced Feb. 4.
February 4, 2020USA Truck Reports Q4 Loss, Cuts Nondriver Staff by 8%
Van Buren, Ark.-based truckload carrier USA Truck says in the fourth quarter it reduced its nondriver staff by 8% as the company reported a quarterly loss of $4.8 million or 56 cents per share, compared with net income of $5.3 million or 64 cents per share for the same period last year.
January 31, 2020Strong Holiday Orders, Close Ties to Amazon Boost UPS Q4 Earnings
UPS Inc., fueled by demand from e-commerce giant Amazon.com, on Jan. 30 reported a gain in fourth-quarter profit on an adjusted basis and in revenue while noting a one-time charge that dragged net results.
January 30, 2020Schneider Q4 Earnings Miss Wall Street Expectations
Schneider National Inc. reported Jan. 29 that fourth-quarter 2019 and yearly financial numbers declined when compared with 2018’s record year.
January 29, 2020Roadrunner Sells Distribution Service to C.H. Robinson for $225 Million
Roadrunner Transportation Systems Inc. will sell its Prime Distribution Services business to C.H. Robinson Worldwide Inc. for $225 million in cash, according to a Jan. 28 news release.
January 28, 2020