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Old Dominion Posts Third Straight Quarter of Revenue Growth

Old Dominion Freight Line marked its third consecutive quarter of year-over-year revenue growth during the second quarter of 2024, the company reported July 24.

July 24, 2024

UPS Discusses Acquisition of Parcel Carrier in Mexico

The recently announced UPS acquisition of Mexican express delivery company Estafeta takes advantage of a business trend toward nearshoring.

July 24, 2024

Urban Delivery Hubs Present Solutions to Final-Mile Shipping

An evolving concept to address the issue of final-mile delivery is the urban delivery hub.

July 23, 2024

UPS Boosts Volume in US for First Time Since 2022

UPS boosted its volume in the U.S. for the first time since 2022 during its second quarter, but profit and revenue fell short of Wall Street expectations, partly due to a hefty charge.

July 23, 2024

XPO Launches Cross-Border Expansion Into Mexico

XPO launched a new service aimed at expanding its cross-border services between the U.S. and Mexico, the company announced July 17.

July 22, 2024

Freight Recession Still Squeezing Marten’s Profits, Margins

Profits and margins at Marten Transport continued to weaken in Q2 of 2024, dented by the ongoing industrywide supply-demand imbalance, higher costs and softer freight rates.

July 22, 2024

J.B. Hunt Reports $2.9 Billion in Revenue for Q2

J.B. Hunt Transport Services reported that second-quarter net income declined on revenue that fell just short of $3 billion.

July 18, 2024

Leonard’s Express Eyes Planning Boost With Optimal Dynamics

Leonard’s Express will begin deploying Optimal Dynamics’ load planning and dispatch software starting in August, executives said July 16.

July 16, 2024

Ryder Buys Mobile Maintenance Firm Pit Stop Fleet Service

Ryder System Inc. is set to buy Pit Stop Fleet Service for an undisclosed sum, it said July 15. The deal is expected to close by Aug. 1.

July 16, 2024