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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.
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.
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.
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.
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.
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.
Daseke Reports Net Income of $15.7M for Q3
Daseke Inc. reported that its third-quarter bottom line result rebounded to a profit from a loss a year ago.
USA Truck Posts Strong Net Income During Q3
USA Truck Inc. reported that its third-quarter bottom-line result swung to a profit from a loss in the year-ago period.
Forward Air Reports Lower Q3 Earnings as Pandemic Pressures Profits
Forward Air Corp. saw net income decease year-over-year in the third quarter, a result of effects driven by the pandemic, the carrier reported Oct. 29.
Hub Group’s Q3 Earnings Lower as Pricing Issues Squeeze Profits
Hub Group reported lower third-quarter earnings as pricing issues hurt its profit margin.