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Landstar Reports Record-Setting Q4 Revenue
Landstar System Inc. on Jan. 27 reported record-setting fourth-quarter revenue that helped lift the company’s profits for the period.
NFI Icon Bernard Brown Dies at 96
Bernard Brown, the visionary behind National Freight Inc., one of the oldest trucking companies in the U.S., died Jan. 21 at his home in Palm Beach Gardens, Fla.
Knight-Swift Reports Rise in Profit, Revenue for Q4
Knight-Swift Transportation Holdings Inc. reported a surge in net income and higher total revenue for the fourth quarter of 2020, the company reported Jan. 27.
Navistar, GM Cooperate on Fuel Cell System for Class 8 in 2024
Navistar Inc. announced it intends to produce a zero-emission longhaul truck using fuel cell systems supplied by General Motors and will have an International RH Series FCEV model commercially available in 2024.
U.S. Xpress Latest to Invest in TuSimple
U.S. Xpress Enterprises Inc. announced it made a “significant” investment in autonomous trucking company TuSimple and that CEO Eric Fuller was named to TuSimple’s executive advisory board.
Covenant Reports Mixed Results for Q4 2020
Covenant Logistics Group Inc. posted a net loss of $25.7 million, or minus $1.50 a diluted share, for the three months ending Dec. 31, the Chattanooga, Tenn.-based truckload carrier announced Jan. 25.
J.B. Hunt Reports Strong Q4, Full-Year Earnings
J.B. Hunt Transport Services reported higher earnings and revenue for the fourth quarter of 2020, but said income dipped even as revenue rose for the full year.
TFI Buys UPS Freight for $800 Million
TFI International Inc. is acquiring UPS Freight in an $800 million deal announced Jan. 25.
U.S. Xpress CEO Details Economic Forecast for 2021
U.S. Xpress Enterprises CEO Eric Fuller on Jan. 20 detailed the findings of an economic report his company did on the trucking industry.
Werner Invests in TuSimple to Spur Autonomous Trucking
Transportation and logistics provider Werner Enterprises announced it invested in TuSimple, an autonomous trucking technology company founded in 2015, and described it as an important milestone in the journey to become an environmental leader.