Top 100

Our July 18 LiveOnWeb program, “Reimagining Trucking,” explored just how intensely for-hire carriers are embracing technology and innovation in a competitive marketplace. Watch the replay.

Covenant Transport Services has acquired Landair Holdings Inc. of Greeneville, Tenn., for $83 million in cash and the assumption of $15.5 million in debt.

Addison, Texas-based Daseke Inc. announced on July 2 the appointment of Bharat Mahajan as its new chief financial officer. The company has been looking for a new CFO since Scott Wheeler — who had previously held the job — became Daseke’s president earlier this year.

The Occupational Safety and Health Administration has opened an investigation into a fatal accident at XPO Logistics in Lockport, N.Y., early June 25.

Daimler Trucks North America announced Penske Truck Leasing and NFI Industries will operate the first trucks in its Freightliner Electric Innovation Fleet of battery-electric eCascadia heavy-duty trucks and eM2 106 medium-duty trucks beginning late this year.

Roadrunner Transportation Systems reported a net loss of $91.2 million for full-year 2017 compared with a loss of $360.3 million in 2016. The diluted loss per share was $2.37 for 2017 compared with a diluted loss per share of $9.40 for 2016.

Central Oregon Truck Co. implemented a pay structure that gives new drivers $65,000 a year in base pay and experienced drivers more than $90,000 a year in pay.

The latest round of face-to-face labor negotiations between UPS Inc. and the International Brotherhood of Teamsters was slated for the week of June 18, with the threat of a strike looming over the talks if no agreement can be reached before the current five-year contract expires Aug. 1.

Penske Logistics will acquire Epes Transport System, a Greensboro, N.C., dry-van truckload and dedicated contract carriage provider, with more than 1,100 drivers. Terms were not disclosed.

Tevva Motors Ltd., headed by a former Israeli submariner who’s vying with Elon Musk’s Tesla Inc. to develop electric-powered trucks, secured a major investment that will enable it to put the vehicles on the road this year.