Top 100

USA Truck reported first-quarter 2018 net income of $1 million, or 13 cents per share, compared with a net loss of $4.9 million, or minus 61 cents a share, in the first quarter of 2017.

Hub Group reported higher revenue and profits in the first quarter of 2018 with growth coming from intermodal, logistics and dedicated contract carriage operations.

Universal Logistics Holdings reported first-quarter net income of $10.4 million, or 37 cents per share, a rise of 147% from $4.3 million reported for the first quarter a year ago.

UPS Inc. reported double-digit gains in the first quarter as a result of the strength of its global business as well as economic conditions.

Canadian transportation conglomerate TFI International reported a sharp increase in profits on revenue that was essentially flat in the first quarter of 2018.

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 combined enterprise but also difficulty in finding enough drivers to meet increasing demand for service.

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 hauling continued to strain truck capacity in the market.

Forward Air Corp. reported better-than-expected results in the first quarter as strong demand and tight truckload capacity boosted expedited less-than-truckload shipping and intermodal services.

Heartland Express reported first-quarter net income of $13.4 million, or 16 cents earnings per share. In comparison, first-quarter 2017 net income was $14 million, or 17 cents per share. Analysts had predicted earnings per share of 11 cents.

Covenant Transportation Group reported first-quarter net income of $4.4 million, or 24 cents per share, compared with a net loss of $39,000 in the same period of 2017.