Top 100
J.B. Hunt’s Net Income Rises but Misses Earnings Expectations
J.B. Hunt Transport Services Inc. saw net income rise for the period ended Sept. 30, but the Lowell, Ark.-based carrier missed Wall Street earnings expectations.
FedEx Files $212 Million Building Permit for World Hub in Tennessee
MEMPHIS, Tenn. — FedEx officials confirm the company has filed a building permit for its new package sorting facility and world hub in Tennessee.
October 17, 2019FedEx Freight to Expand Home, Business Deliveries in US
FedEx Freight is expanding its FedEx Freight Direct e-commerce pilot to more than 80% of the contiguous population of the United States, following expansion of the program to additional markets earlier this year.
Retailers, Logistics Firms Establish Warehouses Closer to Cities
Retailers and logistics firms are establishing warehouses closer to large urban centers to keep up with rising consumer demand for faster delivery of products ordered online, industry experts said.
UPS Invests $450 Million in CNG Trucks, Stations
UPS Inc. announced it will spend $450 million to add 6,000 vehicles powered by compressed natural gas as well as supporting infrastructure beginning next year.
Penske Truck Leasing Adds Terminal Tractor to Its EV Fleet
Penske Truck Leasing is growing its electric vehicle fleet with the addition of the Kalmar Ottawa Electric Terminal Tractor (T2E).
October 8, 2019Daseke Plans Pivot of Cutting Costs, Adding Council of CEOs
SAN DIEGO — Daseke Inc. is launching a series of business improvement plans that includes an internal council of CEOs from flatbed carriers it owns, and that targets reducing operating ratios and cutting costs at its Addison, Texas, headquarters, company executives told Transport Topics.
Omnitracs Announces Rollout of Unified Technology Platform
Trucking technology supplier Omnitracs announced the launch of its Omnitracs One fleet-management platform, which unifies its various in-cab and back-office systems into a single offering.
Technology Should Be Majority Player in Supply Chain, Coyote Says
Supply chain managers should give AI and other technologies 60% of tasks, according to a recent report by Coyote Logistics, a UPS Inc. subsidiary based in Chicago.
Class 8 Orders Off 71% From Year-Ago Levels
North American Class 8 orders in September cleared 12,000 units, ACT Research reported, citing preliminary data, but the volume remained just a faint shadow of what occurred a year earlier.