News
U.S. Xpress Enterprises Reports $455.6M Revenue
U.S. Xpress Enterprises reported that its fourth-quarter bottom-line result swung to a profit from a loss in the year-ago period. The Chattanooga, Tenn.-based truckload carrier on Jan. 28 reported
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USA Truck Reports $5.9M Earnings for Q4
USA Truck Inc. posted record fourth-quarter earnings as the company rebounded from a year-ago loss to a profit in the three-month period ending Dec. 31. The Van Buren, Ark.-based motor carrier on F
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Manual processes weigh down shipper yards,
Those who oversee shipper yards continue to be weighed down by traditional manual processes that affect everything from detention times to throughput. The observation emerges in the State of Yard M
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Chinese Trucking Startup Full Truck Alliance Eyes $1 Billion US IPO
Uber-like Chinese startup Full Truck Alliance is preparing for a U.S. initial public offering that could raise at least $1 billion as soon as this year, after eking out a slim 2020 profit thanks to a
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Navistar, GM Cooperate on Fuel Cell System for Class 8 in 2024
Navistar Inc. announced it intends to produce a zero-emission longhaul truck using fuel cell systems supplied by General Motors and will have an International RH Series FCEV model commercially availab
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National Freight Strategic Plan is issued by U.S. Department of Transportation
At a time when it the current federal transportation authorization—the FAST (Fixing America’s Surface Transportation) Act—is set to expire, at the end of September, the United States Department
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Reports Record-Setting Q4 Revenue
Landstar System Inc. on Jan. 27 reported record-setting fourth-quarter revenue that helped lift the company’s profits for the period. The Jacksonville, Fla.-based carrier posted net income of $65
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Truck Tonnage Surges in December to First Year-Over-Year Gain Since March
Trucking closed the tumultuous year of 2020 on an upswing, as truck tonnage in December rose a seasonally adjusted 2.3% year-over-year and jumped 7.4% compared with November in the strongest month-ove
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C.H. Robinson Posts Strong Q4 Numbers, Mixed Annual Results
C.H. Robinson Worldwide posted large gains in both profit and revenue during the fourth quarter, but its annual results were mixed because of the economic effects of the COVID-19 pandemic. The logi
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Upbeat PACCAR raises truck production estimate
“Basically the truck industry is doing pretty well,” Feight said on a call with analysts following the release of fourth-quarter earnings. “We don’t expect that to change. Truck utilization is
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