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Business, Logistics, Top 100

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.

Connor D. Wolf | Staff Reporter
January 28, 2021
Business, Top 100

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.

Eric Miller | Senior Reporter
January 27, 2021
Business, Top 100

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.

Connor D. Wolf | Staff Reporter
January 27, 2021
Business, Technology, Fuel, Breaking News, Top 100

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.

Roger Gilroy | Senior Reporter
January 27, 2021
Business, Technology, Fuel, Autonomous, Top 100

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.

Roger Gilroy | Senior Reporter
January 26, 2021
Business, Top 100

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.

Connor D. Wolf | Staff Reporter
January 26, 2021
Business, Logistics, Top 100

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.

Dan Ronan | Senior Reporter
January 25, 2021
Business, Logistics, Breaking News, Top 100

TFI Buys UPS Freight for $800 Million

TFI International Inc. is acquiring UPS Freight in an $800 million deal announced Jan. 25.

Connor D. Wolf | Staff Reporter
January 25, 2021
Business, Logistics, Top 100

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.

Connor D. Wolf | Staff Reporter
January 21, 2021
Business, Technology, Autonomous, Top 100

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.

Roger Gilroy | Senior Reporter
January 20, 2021