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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

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

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

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

UPS Delivers 1Q Net Income of $1.34 Billion, Up 15% Year-to-Year

UPS Inc. reported double-digit gains in the first quarter as a result of the strength of its global business as well as economic conditions.

April 26, 2018

Change-of-Address Scam Moved UPS Corporate Headquarters to Tiny Chicago Apartment, Feds Say

The timeworn apartment building in Chicago’s Rogers Park neighborhood hardly looks like the corporate headquarters of one of the world’s largest shipping companies. But for a few recent months, that’s essentially what it became — at least as far as the U.S. Postal Service was concerned.

April 23, 2018

XPO Logistics Announces May Launch of Google °®¶¹´«Ã½, Amazon Echo for Last-Mile Delivery

XPO Logistics announced beginning in May customers will be able to track deliveries using Amazon’s Alexa and Google Assistant personal assistant technologies.

April 20, 2018