Swift Profits Plummet 30%, Revenues Fall in Three of Four Divisions
Swift Transportation profits plunged 30% in the fourth quarter following drops in revenue in every division except for the dedicated contract carriage.
January 26, 2017Heartland Profits, Revenue Decline
Truckload carrier Heartland Express remained strongly profitable but less so than a year ago as net income and revenue declined due to a tough pricing environment.
January 26, 2017Marten Transport Profits Dip
Quarterly and annual net income dipped at Marten Transport Ltd. even though revenue rose year-over-year in both cases, the Mondovi, Wisconsin, fleet said Jan. 26.
January 26, 2017Volvo Trucks North America Cancels Planned Layoffs at Virginia Factory
Volvo Trucks North America has canceled plans to lay off 500 second-shift employees from its New River Valley truck assembly plant in Dublin, Virginia, citing improving inventory levels.
January 26, 2017ERoad Adds Max Speed Alert
Electronic logging device supplier ERoad has introduced Max Speed Alert, a new feature for its fleet management system designed to support safe driving.
January 26, 2017Virginia Port Board Rewards CEO John Reinhart For Banner Year
He hit it out of the park. That was the gist of the Virginia Port Authority board’s assessment of how well Executive Director and CEO John Reinhart did last year.
January 26, 2017J. J. Keller, McLeod Offer Hours of Service Integration
J. J. Keller & Associates and McLeod Software said they have partnered to help their shared fleet customers better manage drivers’ hours of service and order planning.
January 26, 2017Volvo Discontinues D16 Engine
Volvo Trucks North America announced it has discontinued North American production of the 16-liter Volvo D16 engine, effective immediately.
January 26, 2017Automotive Cybersecurity Group Reaches Out to Commercial Vehicle Sector
The Automotive Information Sharing and Analysis Center, which is focused on cybersecurity protections, announced it would develop criteria to include the commercial vehicle segment in its membership.
January 26, 2017Roadrunner Rebrands Logistics Wing
Roadrunner Transportation Systems Inc. has rebranded its logistics business as Ascent Global Logistics, the trucking company announced Jan. 25.
January 26, 2017