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Government, Business, Fuel, Top 100

Diesel Jumps 5.8¢ a Gallon in Largest Increase of 2020

The national average price of diesel spiked by 5.8 cents per gallon, more than twice the previous high for the year, according to the Energy Information Administration’s weekly data released Nov. 16.

Dan Ronan | Senior Reporter
November 16, 2020
Business, Logistics, Top 100

KAG Completes Acquisition of Fort Transfer Co.

The Kenan Advantage Group Inc. announced it completed the acquisition of Fort Transfer Co. in Morton, Ill.

November 13, 2020
Business, Logistics, Top 100

Carriers Highlight Industry Issues Persisting After Volatile Year

Trucking companies detailed the market challenges that persist in the waning weeks of 2020 during a three-day conference on economic trends.

Connor D. Wolf | Staff Reporter
November 10, 2020
Business, Top 100

Landstar VP, CFO Kevin Stout Transitions to Advisory Role

Landstar System Inc. announced Chief Financial Officer Kevin Stout stepped down Nov. 2, but will remain at the company as special adviser to President Jim Gattoni.

November 9, 2020
Business, Top 100

Landstar VP, CFO Kevin Stout Transitions to Advisory Role

Landstar System Inc. announced that Kevin Stout ended his role as vice president and chief financial officer Nov. 2 and will become special adviser to company President Jim Gattoni.

Connor D. Wolf | Staff Reporter
November 6, 2020
Business, Logistics, Top 50, Top 100

XPO Posts Revenue Increase, Net Income Decrease in Q3

XPO Logistics Inc. saw revenue tick up and net income dip in the third quarter, and the company said business activity has bounced back from earlier downturns.

Jerry Hirsch | Contributing Writer
November 5, 2020
Business, Technology, Fuel, Logistics, Autonomous, Top 50, Top 100

Ryder Looks to Advance Tech With Venture Capital Fund

Ryder System Inc. is working to advance its technology and forge new partnerships with the launch of its corporate venture capital fund, the company detailed Nov. 2.

Connor D. Wolf | Staff Reporter
November 4, 2020
Business, Logistics, Top 100

ArcBest Records Increase in Q3 Net Income, Revenue

ArcBest Corp. posted gains in net income and revenue in the third quarter as its business rebounded from the economic impact of the coronavirus pandemic.

Jerry Hirsch | Contributing Writer
November 3, 2020
Business, Top 100

YRC Posts Narrowed Q3 Loss, Will Change Corporate Name to Yellow

YRC Worldwide Inc. narrowed its losses during the third quarter, announced plans to change its name to Yellow and expanded its board of directors.

Jerry Hirsch | Contributing Writer
November 2, 2020
Business, Logistics, Top 50, Top 100

Universal Logistics Reports Higher Net Income of $13.6M for Q3

Universal Logistics Holdings Inc. reported higher third-quarter net income, lifted largely by the recovery in automotive production.

Connor D. Wolf | Staff Reporter
October 30, 2020