For-Hire
Universal Logistics Reports Record-Breaking Q2
Universal Logistics Holdings reported all-time highs for revenue, operating income and earnings per share in its second-quarter earnings report July 28.
ArcBest Reports Record-Setting Quarter for Q2
ArcBest Corp. posted records for quarterly revenue, operating income and net income for the second quarter of 2022.
Schneider Reports $1.75 Billion Revenue for Q2
Schneider National posted increases in revenue and earnings during the second quarter of 2022, the company reported July 28.
Forward Air Reports Record-Setting Quarter for Q2
Forward Air Corp. on July 27 reported all-time quarterly records for revenue, income from operations and net income per diluted share for the second quarter.
ODFL Reports Profit, Revenue Records for Second Quarter
Old Dominion Freight Line set records for revenue and profitability during the second quarter of 2022, the company reported July 27.
Used Class 8 Prices Continue Slide in June, but Remain High
The average retail price of a used Class 8 fell for the third consecutive month in June, ACT Research reported, calling the trend a significant downturn even as the average retail price remained above $90,000.
UPS Beats Q2 Estimates, but Delivery Volume Drops More Than Expected
UPS Inc. posted better-than-expected second-quarter earnings July 26, thanks in part to a big leap in the price of domestic parcel revenues during the three-month period that ended June 30.
Covenant Logistics Reaches $317M Revenue by Overcoming Q2 Headwinds
Covenant Logistics Group Inc. reported second-quarter revenue and earnings growth July 25, despite market headwinds.
10 Roads Express Launches Autonomous Route Using Kodiak Tech
The 10 Roads Express company launched an autonomous truck route in partnership with Kodiak Robotics, a driverless trucking company, they announced July 26.
FedEx Reduces US Sunday Deliveries in Some Rural Areas
FedEx Corp. plans to scale back Sunday delivery service in far-flung areas of the U.S., the latest evidence that the e-commerce surge spurred by COVID-19 is ending.