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.
June 22, 2018Search
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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
Penske Logistics to Buy Epes Transport
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.
June 20, 2018UPS Invests $130 Million in Natural Gas Vehicles, Infrastructure
UPS Inc. announced an additional $130 million investment in compressed natural gas vehicles, including 400 semi-tractors and 330 terminal trucks and five more fueling stations — underscoring the company’s role as a major catalyst for wide-scale adoption of natural gas vehicles.
June 19, 2018Amazon’s No Enemy — In Fact, It Needs Us, U.S. Xpress CEO Says
A vague mention of Amazon.com Inc.’s interest in any sector might be enough to send investors into a tizzy, but the top executive of U.S. Xpress Enterprises Inc. is unfazed.
June 18, 2018Wyoming Supreme Court Reverses Lower Court Ruling on CRST Wrongful Death Lawsuit
CRST International Inc. must stand trial in connection with a wrongful death lawsuit after a state supreme court overturned a lower court’s ruling in favor of the trucking company, according to court documents.
June 14, 2018KAG Merges Two Units Into Merchant Gas Group
Kenan Advantage Group Inc. announced it merged its two merchant gas subsidiaries — Jack B. Kelley and Cryogenic Transportation — into KAG Merchant Gas Group.
June 12, 2018Dr Pepper’s ‘Final’ Contract Offer Fizzles With Chicago Deliverers
A two-week strike by 150 Chicago Teamsters targeting Dr Pepper Snapple Group Inc. continues after drivers voted overwhelmingly to reject the soft drink company’s latest contract proposal, union officials said June 8.
June 11, 2018Trucking Industry Adjusts to ELD Mandate as Focus on HOS Compliance Sharpens
The U.S. trucking industry is continuing to adjust to the federal electronic logging device mandate that took effect late last year.
June 13, 2018Driver Turnover Puts Pressure on Large Carriers
The rise in freight being carried nationwide led to a rise in truck driver turnover in the first quarter as large trucking firms demanded more qualified drivers to transport goods.
June 8, 2018KLLM Announces Another Pay Increase for Drivers
KLLM Transport Services will institute another pay hike for company drivers, bringing the increase to 30% in just the past eight months, the Jackson, Miss.-based over-the road carrier announced.
June 8, 2018