Landstar System Posts Record First Quarter
Landstar System reported its best first quarter with revenue jumping 34.2% to $1.05 billion and profits reaching a record $57.5 million, or $1.37 a share, as demand for freight hau
Knight-Swift Reports ‘Progress’ With Merger, Sees Challenges in Getting Enough Drivers
The holding company for Knight Transportation and Swift Transportation reported results for the first quarter of 2018 that reflect “progress” in achieving cost savings for the
TFI International Sees Earnings Increase, Revenue Stay Flat in 1Q
Canadian transportation conglomerate TFI International reported a sharp increase in profits on revenue that was essentially flat in the first quarter of 2018.
Downturn in Oil Field Services Slashes Profits for Mullen Group
A surge in revenue from truckload freight hauling was enough to offset a downturn in oil field services for Canada’s Mullen Group, but the extra profits from trucking weren’t e
Kane Is Able Receives Equity Investment From Harkness Capital Partners
Kane Is Able Inc., a warehousing and distribution business in operation since 1930, announced that Harkness Capital Partners agreed to make an unspecified equity investment in the
Schneider Posts Record 1Q Profits, Raises Forecast for Year
Schneider National posted record earnings and double-digit gains in revenue in the first quarter of 2018 and raised its profit forecast for the year.
Freight Transportation Profits, Prospers
Without a doubt, 2018 was a banner year for trucking and almost every other form of freight transportation. Business investment took off, hiring picked up and freight volume soared
Infrastructure, Trade Loom Large for Trucking in the New Year
Infrastructure and trade loom large for trucking in the year ahead as freight carriers adjust to a slower, but still positive, rate of economic growth in 2019, according to industr
ULSD Hurdles Loom
SAN FRANCISCO — The U.S. petroleum industry may be unable to deliver to all parts of the nation diesel fuel with low enough sulfur content to meet new federal pollution rules, in
Gear Head Debuts Soy-Based Grease Pads for Fifth Wheel Lubrication
ORLANDO, Fla. — Gear Head Lube has introduced soy-based grease pads designed to provide a less messy, faster and more environmentally friendly way to lubricate tractors’ fifth