truckload
Business

Regency Transportation Agrees to Acquire Sweeney

Regency Transportation rig Regency Transportation has entered into an agreement to purchase Sweeney Transportation. (Regency Transportation)

Regency Transportation, a family-owned dry van truckload and warehousing firm based in Franklin, Mass., has agreed to purchase Sweeney Transportation in Chicopee, Mass., for an undisclosed amount.

April 2, 2018
Business

Smith Transport Founder Hires Todd Smith as President

Todd Smith (left) and Barry Smith of Smith Transport Inc. Todd Smith (left) has taken over as president of Smith Transport. Barry Smith, who founded the company in July 1983, will remain chairman and CEO. (Smith Transport Inc.)

Smith Transport Inc. has selected Todd Smith as president of the Roaring Spring, Pa.-based trucking company, succeeding Barry Smith.

Barry Smith will continue to serve as chairman and CEO, a position he has held since forming the company in July 1983.

Daniel P. Bearth | Staff Writer
January 31, 2018
Business

Covenant, Werner Report Strong Third-Quarter Earnings

Covenant truck on the highway Covenant Transportation Group generated $4.6 million in profits. (Daniel Dubois)

Three publicly traded carriers reported results on Oct. 19 with two reporting profits better than 2016 and one with a decline in the third quarter.

Ari Ashe and Burney Simpson | Staff Reporters
October 19, 2017
Business

J.B. Hunt Revenues Rise on Higher Freight Volumes

J.B. Hunt truck John Sommers II for Transport Topics

J.B. Hunt Transport Services Inc. profits fell 8.3% in the third quarter, the company announced Oct. 13, coming up short of the Bloomberg News consensus forecast of analysts.

Ari Ashe | Staff Reporter
October 13, 2017
Business, Equipment

Truckload Earnings Expected to Be Mixed for Third Quarter, but Brighter Times Are Ahead, Insiders Say

aymondclarkeimages/Flickr

Wall Street analysts expect truckload carriers to report mixed third-quarter earnings, despite a boost in business related to hurricanes Harvey and Irma.

Ari Ashe | Staff Reporter
October 12, 2017
Business

Titanium Acquires Canadian Van/Flatbed Carrier Xpress Group

Titanium Transportation Group has acquired Canadian dry van truckload and flatbed carrier Xpress Group, based in Windsor, Ontario, for C$3.1 million in cash and the assumption of C$5.2 million in debt.

Dan Bearth | Transport Topics Staff Writer
October 6, 2017
Government, Business, Logistics

Shippers Discuss ELDs, Intermodal in Cowen Survey

CSX train Luke Sharrett/Bloomberg News

Shippers expect to put more freight on railroads next year as concern persists about how the electronic-logging device mandate will tighten trucking capacity in 2018, according to a Cowen and Co. survey.

Ari Ashe | Staff Reporter
October 3, 2017
Business

Covenant Transportation Group Adopts New Name to Market Services

Covenant Transportation Group is adopting Covenant Transport Services as its new name to emphasize the company’s broad range of freight services.

October 2, 2017
Business

Canadian TL Carrier Kriska Acquires Service Freight Systems

Canadian truckload carrier Kriska Transportation Group has acquired Service Freight Systems of Ontario and has kept the management team there in place.

Ari Ashe | Staff Reporter
September 25, 2017
Business

Hurricanes to Increase Contract, Spot Rates Outside Disaster Areas

David J. Phillip/Associated Press

Truckload rates have skyrocketed after hurricanes Harvey and Irma battered Texas and Florida, but the higher prices will also trickle down into states nowhere near the devastation, industry executives say.

Ari Ashe | Staff Reporter
September 14, 2017

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