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Covenant Transport Pays $2,000 Bonuses to 44 Teams

Covenant Transport handed out $88,000 in its new team bonus program last month to 44 teams that eclipsed the 60,000 miles together to earn the company’s new $2,000-per-team bonus.

May 9, 2018

Profit, Revenue Grow at XPO as It Invests in Tech

XPO Logistics Inc. reported on May 2 that its first-quarter results vaulted more than 100%, stemming from the heightened demand from domestic freight and last-mile delivery.

May 2, 2018

Electrification Finds Its Ground Zero in California

LONG BEACH, Calif. — Expanding options for battery-electric technology and hybrid-electric and natural-gas engines are converging alongside efforts to protect forthcoming clear-air regulations, and longtime industry players must be ready to react to this evolving landscape, panelists said here at the Advanced Clean Transportation Expo, held April 30-May 3.

May 2, 2018

John Smith Appointed Mike Ducker’s Successor as FedEx Freight President, CEO

Transportation industry veteran John Smith will become president and CEO of FedEx Freight on Aug. 16, moving up from his position as senior vice president of operations at the FedEx Corp. subsidiary.

May 1, 2018

FedEx Office Imposes Photo ID Policy in Response to Austin Bombings

FedEx Office has started asking customers to show photo identification when mailing packages from one of its 1,900 stores.

April 30, 2018

Saia Posts Robust Profit, Revenue in 1Q

Saia Inc. reported April 27 first-quarter net income of $21.1 million, or 80 cents per share, an increase of 85% from the $11.4 million in net income and 44 cents per share reported in the first quarter of 2017.

April 27, 2018

USA Truck Grabs Profit on Revenue Rise

USA Truck reported first-quarter 2018 net income of $1 million, or 13 cents per share, compared with a net loss of $4.9 million, or minus 61 cents a share, in the first quarter of 2017.

April 26, 2018

Hub Group Reports Higher Revenue, Profits in 1Q

Hub Group reported higher revenue and profits in the first quarter of 2018 with growth coming from intermodal, logistics and dedicated contract carriage operations.

April 26, 2018

Universal Logistics Buoyed by Record Revenue, Strong Profits

Universal Logistics Holdings reported first-quarter net income of $10.4 million, or 37 cents per share, a rise of 147% from $4.3 million reported for the first quarter a year ago.

April 26, 2018