XPO Posts First Full-Year Profit Since Jacobs Took Helm in 2011
XPO Logistics posted its first full-year profit with Bradley Jacobs at the helm of the organization and also was profitable in the final quarter owing to strength in the less-than- truckload division.
February 27, 2017Services, Variety Draw Buyers to Ritchie Bros. Top Auction
ORLANDO, Fla. — Ritchie Bros., a leading industrial auctioneer, put up more than 10,000 pieces of equipment for bid here, including hundreds of heavy- and medium-duty trucks.
February 27, 2017Tech Startup Joins Push for Driverless Trucks
A new technology company has joined the race to develop autonomous driving systems for commercial trucks.
February 27, 2017Fleets Add Record Number of Trailers in 2016, While Truck Registrations Fall, IHS Says
While 2016 was a trying year for truck makers, U.S. fleets invested heavily in trailers and put more of them into business than ever before, according to a report on vehicle registrations from IHS Automotive.
February 27, 2017Cartoon Caption Classic Winner Surprised by Her Success
Christen Whalen of Matson Logistics narrowly defeated Graham Gillespie of Active Exhaust Corp. to win the Transport Topics Cartoon Caption Classic.
February 27, 2017Vigillo’s Steve Bryan Says Being Acquired Gives Him Dream Job
NASHVILLE — It was a gorgeous day in Tennessee’s capital on Feb. 24, but it wasn’t the weather that put the big smile on the face of Steve Bryan, the CEO of Vigillo, based in often-damp Portland, Oregon.
February 24, 2017Otto Accused of Stealing Google's Self-Driving Secrets
It took Alphabet Inc.’s Waymo seven years to design and build a laser-scanning system to guide its self-driving cars. Uber Technologies Inc. allegedly did it in nine months. Waymo claims in a lawsuit filed Feb. 23 that was possible because an ex-employee, Anthony Levandowski, co-founder of Uber-owned Otto, stole the designs and technology and started a new company.
February 24, 2017High CSA Scores Predict High Driver Attrition, Vigillo’s Bryan Says
A carrier that doesn’t do well on the Federal Motor Carrier Safety Administration’s tests of Compliance, Safety and Accountability is almost sure also to have high rates of driver attrition, according to Vigillo’s data analysis of its 2,000 customers.
February 24, 2017Universal Logistics Net Income Plummets 71%, But CEO Still Optimistic
Universal Logistics Holdings Inc. reported net income plunged 71% in the fourth quarter of 2016, although the results were in line with the lower adjusted forecast that the company issued in early February.
February 24, 2017Maverick’s Vaughn Named Transport Topics’ First Recruiter of the Year
NASHVILLE — Brad Vaughn, vice president of recruiting for Maverick Transportation of North Little Rock, Arkansas, was named the winner of Transport Topics’ first Recruiter of the Year award as the Recruitment and Retention Conference concluded here on Feb. 24.
February 24, 2017