Strong Holiday Orders, Close Ties to Amazon Boost UPS Q4 Earnings
UPS Inc., fueled by demand from e-commerce giant Amazon.com, on Jan. 30 reported a gain in fourth-quarter profit on an adjusted basis and in revenue while noting a one-time charge that dragged net results.
January 30, 2020Schneider Q4 Earnings Miss Wall Street Expectations
Schneider National Inc. reported Jan. 29 that fourth-quarter 2019 and yearly financial numbers declined when compared with 2018’s record year.
January 29, 2020Roadrunner Sells Distribution Service to C.H. Robinson for $225 Million
Roadrunner Transportation Systems Inc. will sell its Prime Distribution Services business to C.H. Robinson Worldwide Inc. for $225 million in cash, according to a Jan. 28 news release.
January 28, 2020Celadon Reaches Deal to Sell Taylor Express for $14.5 Million
An agreement has been reached to sell the last remaining operating trucking company, Taylor Express, that is part of the now-bankrupt Celadon Group of Indianapolis.
January 24, 2020A. Duie Pyle Launches TSA-Cleared Airfreight Service
Diversified motor carrier A. Duie Pyle Inc. announced a Transportation Security Administration-compliant export service designed to move international airfreight directly from point of origin to the export location.
January 24, 2020Marten Transport Q4 Net Income Stable as Company Reports Record Year
Marten Transport Ltd. reported net income for the fourth quarter ended Dec. 31 was the same as it was for the comparable quarter in 2018: $15.7 million.
January 24, 2020Heartland Express Reports Q4 Revenue Up While Net Income Dips
Heartland Express Inc. announced Jan. 23 that net income for the fourth quarter of 2019 declined while revenue increased.
January 23, 2020Averitt Opens New Atlanta-Area Distribution Center
Averitt Express opened a new distribution and fulfillment center in Atlanta, according to a company news release.
January 21, 2020J.B. Hunt Reports Net Income Growth of 5.4% for 2019
J.B. Hunt Transport Services Inc. on Jan. 17 reported gains in net income and operating revenue for the fourth quarter of 2019 and for the full year.
January 18, 2020J.B. Hunt Driver Wins School Supplies for Daughter’s Class
NEWARK, N.J. — Jihad Simmons, a driver for J.B. Hunt Transport, won $1,000 worth of school supplies for his daughter’s first-grade class through the company’s annual Adopt-a-Class contest.
January 15, 2020