Top 100
China Rejects FedEx’s Defense for Rerouted Huawei Packages
China rebuffed FedEx Corp.’s claims that it mistakenly rerouted some Huawei Technologies Co. packages to the U.S. and warned that authorities found other violations by the American delivery firm, raising concern the company could face repercussions from Beijing.
July 26, 2019Mullen Group’s Revenue Jumps 7.9% as Oil Service Remains in Demand
Canadian carrier Mullen Group Ltd. increased revenue by C$23.3 million, or 7.9%, to $319 million in the second quarter ended June 30, according to a company news release.
ODFL Sets Company Records as Earnings, Revenue Rise
Less-than-truckload carrier Old Dominion Freight Line reported higher net income and revenue in the second quarter as it achieved, amid lower shipments and tonnage, company records for revenue, operating ratio and earnings per diluted share.
UPS Announces Strong 2Q Earnings
United Parcel Service Inc. reported second-quarter earnings benefiting from rising demand for its Next Day Air and Ground delivery services.
UPS Will Go to Seven-Day Ground Service in 2020
UPS Inc. is joining the seven-day-a-week delivery business, announcing July 23 that beginning Jan. 1, 2020, the Atlanta-based shipping giant will add Sunday nationwide ground service.
Availability of Medium-Duty E-Trucks Is Limited as Testing Continues
Battery-electric medium-duty trucks may have a bright future due to their potential to reduce operational costs and improve sustainability. But currently, the availability of these trucks is limited as testing continues.
Marten Transport Reports Company Record Revenue
Marten Transport Ltd. reported the highest operating revenue and operating income in the company’s 73-year history, according to a July 18 news release.
Heartland Express Reports Strong 2Q Earnings
Heartland Express Inc. reported July 18 another quarter of profit improvement despite a weakening freight environment in the second quarter of 2019.
J.B. Hunt Reports Mixed 2Q Results
J.B. Hunt Transport Services Inc. reported net income fell and revenue increased in the second quarter amid mixed results in its business units.
Cowan Acquires Carlisle Carrier, Expanding Northeastern Footprint
Baltimore trucking company Cowan Systems has acquired Carlisle Carrier Corp. of Mechanicsburg, Pa.