Marten Transport Posts Record Results in First Quarter
Marten Transport Ltd. reported its best first-quarter operating revenue in the company’s 73-year history, according to an April 16 news release.
April 25, 2019TFI International Reports Record Results for 1Q
Another quarter, another record for TFI International when the Montreal-based conglomerate released its first-quarter financial report April 23.
April 25, 2019Old Dominion Posts Record Per-Share Results in 1Q
Old Dominion Freight Line beat the Wall Street consensus estimate on its earnings per share when the Thomasville, N.C., less-than-truckload carrier reported first-quarter results April 25.
April 25, 2019UPS Cites Winter Weather for 1Q Earnings Downturn
UPS Inc. said difficult weather including heavy snow, extremely cold temperatures and spring flooding impacted its first-quarter 2019 earnings when the company announced its financial results April 25.
April 25, 2019UPS Sees Payoff From $20 Billion Tech Bet, but Investors Remain Wary
UPS Inc. is counting on algorithms you can’t see to prove that investors were wrong to doubt its three-year, $20 billion technological makeover. It’s all part of CEO David Abney’s bet on squeezing out costs and becoming more nimble as UPS adjusts to surging e-commerce deliveries.
April 23, 2019Cameron Ramsdell to Lead Newly Formed U.S. Xpress Ventures
U.S. Xpress Enterprises Inc. announced it established U.S. Xpress Ventures, a business unit focused on developing and implementing new asset-based business models and technology strategies within the company. It named Cameron Ramsdell president of the new unit.
April 23, 2019Celadon Sells Logistics Group, Hopes for Financial Reporting in Fall
Celadon Group Inc. is selling its Celadon Logistics brokerage and third-party logistics subsidiary in a $60 million deal that helps advance the Indianapolis-based company’s plan to shore up its business in the wake of accounting troubles that date back several years.
April 22, 2019Heartland Express Continues to Post Profit Improvement
Heartland Express Inc. reported another quarter of profit improvement despite a weakening freight environment and bad weather in the first quarter of 2019.
April 22, 2019Roadrunner Board Nominates Donald Brown, Christopher Jamroz
Roadrunner Transportation Systems Inc.’s board of directors has nominated Donald Brown and Christopher Jamroz for election to the board at its annual meeting to be held May 22.
April 22, 2019P.A.M. Transportation Reports Record 1Q Earnings
Continuing a trend that started in 2017, higher rates from customers in a strong freight market produced record profits for P.A.M. Transportation Services in the first quarter of 2019.
April 19, 2019