Cowan Systems has implemented an incentive program that guarantees every newly hired driver a $15,000 bonus, the company announced Aug. 19.
August 23, 2021Search
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Justin Olsen, maintenance director at TCW, breaks down the hidden impact of poor trailer management on operations, compliance and safety.Â
Private Fleets Face Stiff Competition From For-Hire Carriers in Battle for Drivers
Private fleets once had a clear advantage in the endless competition to hire trained truck drivers and provide them with the equipment needed to move America’s goods. But the disruptions caused by the COVID-19 pandemic have upended that advantage.
August 27, 2021Walmart’s Slowing E-Commerce, Margin Weigh in Q2
Walmart Inc.’s pandemic-driven gains in e-commerce slowed last quarter and profit margin fell, raising questions about the retailer’s ability to maintain momentum even after it topped Wall Street’s sales expectations.
August 17, 2021Yellow Narrows Year-Over-Year Loss to $9.4 Million in Q2
Yellow Corp. reported an increase in net revenue and a narrower net loss for the second quarter.
August 5, 2021ArcBest Posts Record Revenue, Profits
ArcBest Corp. capitalized on tight capacity in the freight market to post large second-quarter gains in profit and revenue.
August 2, 2021XPO Logistics Spinoff GXO Officially Goes Public
XPO Logistics Inc.'s completion of its spinoff of GXO Logistics Inc. as a publicly traded pure-play contract logistics provider culminated with GXO officials ringing the New York Stock Exchange opening bell Aug. 2.
August 2, 2021Hub Group Posts Q2 Profit, Revenue Gains
Hub Group Inc. reported strong growth in second-quarter profits and revenue as it benefited from the robust rebound in the U.S. freight market.
July 30, 2021Ryder Reports Year-Over-Year Turnaround for Q2
Ryder System Inc. saw growth across its business during the second quarter of 2021, the company reported July 28.
July 29, 2021Schneider Reports Large Rise in Q2 Earnings
Schneider National on July 29 reported net income increased 129% year-over-year during the second quarter.
July 29, 2021UPS Freight Purchase Powers TFI to Q2 Gains
TFI International reported large gains in second-quarter net income and revenue, helped by its acquisition of the UPS Freight operation.
July 28, 2021