UPS Inc. is advising its freight customers to explore alternative shipping plans as the threat of a strike by workers represented by the International Brotherhood of Teamsters looms should members reject the company’s latest contract offer.
November 1, 2018Business, Top 100
UPS Warns Freight Customers as Possible Strike Looms
Business, Logistics, Top 50, Top 100
Universal Logistics Reports Best-Ever 3Q Results
Universal Logistics Holdings reported its best third quarter ever, following a trend of record-setting financial reports by freight carriers this year.
October 25, 2018Business, Logistics, Top 100
USA Truck Continues Turnaround With Improved Results in 3Q
USA Truck reported higher revenues and profits in the third quarter of 2018, continuing a financial turnaround started in 2017.
October 25, 2018Government, Business, Technology, Fuel, Logistics, Top 50, Top 100
UPS, Seattle to Launch eBike Downtown Delivery Program
UPS Inc. and Seattle Mayor Jenny Durkan announced Oct. 25 the parcel delivery company will begin a pilot project aimed at reducing congestion downtown and addressing air quality concerns. Delivery drivers will use electric pedal-assist cargo bicycles with a customized modular trailer attached to the back of the bike.
October 25, 2018Business, Top 100
Groendyke Transport Announces Largest Acquisition in Company History
Groendyke Transport Inc. has agreed to purchase the tank truck assets of McKenzie Tank Lines, a bulk carrier based in Tallahassee, Fla., for an undisclosed amount.
October 25, 2018Government, Business, Top 100
Top For-Hire Carriers Contribute to Freight Congressional Leaders in Midterms
UPS Inc. and FedEx Corp., the top two for-hire carriers in North America, have contributed to the re-election efforts of freight transportation leaders from both parties in Congress, according to a review of public records.
October 25, 2018Business, Top 100
Mullen Group’s Trucking Segment Bolsters 3Q Results
Mullen Group reported strong revenue growth in its Canadian trucking business and expanded its oil field transportation services with a couple of key acquisitions, but the company’s profits dipped in the third quarter of 2018 as it dealt with rising costs and a decline in the value of the Canadian dollar.
October 25, 2018Business, Logistics, Top 100
Knight-Swift Says 3Q Results Reflect ‘Progress’ in All Segments
Knight-Swift Transportation Holdings beat analysts’ profit projections in the third quarter as cost-cutting measures implemented after the acquisition of Swift Transportation in September 2017 compensated for slower-than-expected growth in revenue.
October 24, 2018Business, Logistics, Top 50, Top 100
UPS Reports Strong Revenue Growth, Higher Profits in 3Q
UPS Inc. reported strong revenue growth and higher profits in the third quarter, despite international headwinds from currency valuations, rising fuel costs and ongoing investment in transformation initiatives.
October 24, 2018Government, Business, Safety, Top 100
Arkansas Federal Judge Rules Sleeper Berth Time Is 'Time-Worked'
A federal district judge in Arkansas has ruled that a legal class of nearly 3,000 truck drivers is entitled to compensation for time in the sleeper berth even though the drivers were signed out as off-duty.
October 24, 2018