Top 100
May Class 8 Orders Fall to 22,900
Class 8 preliminary orders for May fell to the lowest point since August, settling just below 23,000 as the industry paused amid little chance to join this year’s orders backlog, ACT Research reported, citing truck makers’ initial data.
UPS Launches End-to-End Cold Chain Solutions
UPS is taking the lessons learned from the coronavirus pandemic to expand its specialty pharmaceutical offerings by establishing UPS Cold Chain Solutions, a suite of technologies, capabilities and global facilities that incorporates those lessons into an integrated logistics platform, the company announced May 24.
KAG Announces Retirement of CEO Bruce Blaise
The Kenan Advantage Group announced management changes following the retirement of president and CEO Bruce Blaise.
May 24, 2021CSX to Acquire Quality Carriers
Class I railroad CSX Corp. is acquiring bulk liquid carrier Quality Carriers Inc. in a deal that expands the railroad’s footprint in the United States, Canada and Mexico.
Daseke Reports Improved Q1 Earnings
Flatbed carrier Daseke Inc. reported that its first-quarter net loss narrowed by more than half compared with year-ago levels.
Tyson Earnings Top Estimates on Beef Demand
Tyson Foods Inc., the biggest U.S. meat company, reported better-than-expected fiscal second-quarter earnings and raised its sales forecast as beef markets strengthen and the company increases prices to pass through higher costs.
Hub Group Reports Q1 Revenue, Profit Gains
Hub Group posted large first-quarter gains in profits and revenue, reflecting a strong freight market.
February Weather Takes Toll on Yellow’s Q1 Earnings
Yellow Corp. reported a revenue gain for the first quarter of 2021, but said weather-related issues during the period took a toll on its bottom line.
XPO Begins Testing Electric Trucks
XPO Logistics is testing a Freightliner eCascadia in Oakland, Calif., the first step in what it expects is a lengthy transition from diesel-powered heavy-duty trucks.
UPS Driver Delivers Help to Those in Need in Louisiana
UPS driver James Joseph’s philosophy sounds a lot like a slogan his company once had: What can “Big Brown” do for you? When he’s not delivering packages, Joseph has helped deliver air conditioners and fans to people during sweltering weather, water and supplies to hurricane-stricken areas and, most recently, masks and hand sanitizer to schools across Louisiana.