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U.S. Xpress Reports Mixed Q4

U.S. Xpress Enterprises saw a revenue gain but drop in income for the fourth quarter of 2021, the company reported Feb. 9.

February 10, 2022

PepsiCo Gains After Forecast Beats Estimates on Robust Demand

PepsiCo Inc. gave a full-year sales outlook that was ahead of estimates as the company looks to pass the burden of higher costs onto consumers.

February 10, 2022

Yellow CEO Darren Hawkins: Q4 Earnings Show Carrier on Right Track

Yellow Corp. CEO Darren Hawkins told Transport Topics that the less-than-truckload carrier’s recent financial performance demonstrates its moves to rebuild its fleet, secure new business while maintaining existing customers and implement new technologies are setting the stage for long-term growth.

February 10, 2022

UPS Freight Acquisition Fuels TFI’s Q4 Growth

TFI International reported gains in fourth-quarter and annual net income and revenue, helped by its acquisition of the UPS Freight operation.

February 9, 2022

Hub Group Reports Record Q4 Revenue

Hub Group Inc. reported record fourth-quarter revenue and net income as the company benefited from high pricing caused by constraints across the supply chain.

February 9, 2022

Price of Diesel Soars 10.5¢ a Gallon to $3.951

The national average price for diesel continued its rampage in the new year, surging 10.5 cents to $3.951 a gallon, according to Energy Information Administration data released Feb. 7.

February 7, 2022

Kenan Advantage Group Acquires K-Limited Carrier

Kenan Advantage Group, a North Canton, Ohio-based tank truck transporter, announced Feb. 7 that it has completed its acquisition of K-Limited Carrier.

February 7, 2022

Mandates, E-Commerce and Congestion Complicate Truck Parking Issues

Truck parking, which affects everything from driver satisfaction to cargo security, is a top concern for the trucking industry.

February 7, 2022

Yellow Reports Mixed Q4, 2021 Results

Less-than-truckload carrier Yellow Corp. reported mixed year-over-year fourth-quarter and full year earnings.

February 3, 2022