J.B. Hunt Transport Services Inc. saw revenue and earnings increase as a result of strong segment growth during the third quarter, the company reported Oct. 18, besting analysts’ expectations.
October 19, 2022Search
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Marten Reports 15th Consecutive Increase in Quarterly Profitability
Marten Transport reported its 15th consecutive year-over-year increase in quarterly profitability Oct. 17, but still the results missed analysts’ expectations.
October 18, 2022NFI Acquires MCO Transport to Bolster Southeastern Port Operations
North American supply chain solutions company NFI has acquired southeastern port service solutions provider MCO Transport Inc., the company announced Oct. 10.
October 17, 2022XPO Board of Directors Approves RXO Spinoff
XPO Logistics Inc. received board approval to spin off its technology-based brokered operations into a stand-alone business, the company announced Oct. 10.
October 11, 2022Broad Relief Efforts Converge After Hurricane Ian
Trucking companies, government entities and nonprofit groups responded to the devastation wrought along Florida’s Gulf Coast by Hurricane Ian last month with relief efforts for the many areas affected by the storm, and are working to overcome challenges in getting aid to those in need.
October 6, 2022Cash Reinvigorates Critical Chicago-Area Transportation Network
CHICAGO — Since as early as 1848, some 12 years before the Civil War, Chicago has been a major center for transportation given its central location in the country, access to newly built railroad lines and the five Great Lakes. Now, more than 170 years later, millions of products pass through its massive transportation network for trucks, rail and air each day.
October 4, 2022J.B. Hunt Expands Transloading Services With Two More Locations
J.B. Hunt Transport Services Inc. is expanding its transload strategy with new operations in Tacoma, Wash., and Laredo, Texas, the company announced Oct. 3.
October 3, 2022Werner Acquires Truckload Carrier Baylor Trucking
Werner Enterprises Inc. said it is acquiring Baylor Trucking, a move that expands its truckload operations.
October 3, 2022Werner, Kodiak Collaborate on Driverless Longhaul Route
Werner Enterprises has partnered with the driverless trucking technology company Kodiak Robotics to establish an autonomous trucking lane, the companies announced Sept. 29.
September 29, 2022FedEx Reports Declining Q1 FY 2023 Income
FedEx Corp. said as the global economy slows, it is aggressively looking to reduce costs, and that it will raise rates across divisions in January.
September 28, 2022