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Averitt Emphasizes People, Service on 50th Anniversary
Averitt Express marked a half century in business last year with celebrations at its facilities across the country, including its corporate headquarters in Cookeville, Tenn.
February 11, 2022Universal Logistics Reports Record $467M Revenue for Q4
Universal Logistics Holdings reported its highest quarterly operating revenue ever Feb. 10 for the fourth quarter of 2021.
Suppliers Detail Supply Chain Challenges
Leaders of commercial vehicle suppliers weighed in, during recent earnings calls, on challenges to the supply chain and related concerns.
Acquisitions Fuel Mullen’s Record Q4 Revenue Growth
Mullen Group Ltd. reported a doubling of profits and record revenue for the fourth quarter.
U.S. Xpress Reports Mixed Q4
U.S. Xpress Enterprises saw a revenue gain but drop in income for the fourth quarter of 2021, the company reported Feb. 9.
PepsiCo Gains After Forecast Beats Estimates on Robust Demand
PepsiCo Inc. gave a full-year sales outlook that was ahead of estimates as the company looks to pass the burden of higher costs onto consumers.
Yellow CEO Darren Hawkins: Q4 Earnings Show Carrier on Right Track
Yellow Corp. CEO Darren Hawkins told Transport Topics that the less-than-truckload carrier’s recent financial performance demonstrates its moves to rebuild its fleet, secure new business while maintaining existing customers and implement new technologies are setting the stage for long-term growth.
Forward Air Reports Record Revenue, Earnings for Q4
Forward Air Corp. on Feb. 9 reported all-time quarterly records for revenue, net income and diluted shares for the fourth quarter of 2021.
UPS Freight Acquisition Fuels TFI’s Q4 Growth
TFI International reported gains in fourth-quarter and annual net income and revenue, helped by its acquisition of the UPS Freight operation.
Hub Group Reports Record Q4 Revenue
Hub Group Inc. reported record fourth-quarter revenue and net income as the company benefited from high pricing caused by constraints across the supply chain.