Business, Logistics, Top 100

USA Truck Grabs Profit on Revenue Rise

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.

Burney Simpson | Staff Reporter
April 26, 2018
Business, Logistics

Union Pacific Records Solid 1Q Results

Union Pacific Railroad reported first-quarter net income of $1.3 billion, or $1.68 per share, compared with $1.1 billion, or $1.16, in the first quarter of 2017.

Burney Simpson | Staff Reporter
April 26, 2018
Business, Logistics, Top 100, Top 50

Universal Logistics Buoyed by Record Revenue, Strong Profits

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.

Burney Simpson | Staff Reporter
April 26, 2018
Government, Business

U.S. Bank: Truck Freight Services Spending Grew 25% in 2017

Spending on truck freight services surged nearly 25% and freight shipments grew 12.6% in 2017 as the economy expanded and the trucking industry paid more to obtain capacity and on driver compensation, according to the U.S. Bank Freight Payment Index.

Burney Simpson | Staff Reporter
April 26, 2018
Business, Top 100

Heartland Express Posts Mixed Results in 1Q

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.

Burney Simpson | Staff Reporter
April 25, 2018
Business, Top 100

Covenant Reports Solid First-Quarter Revenue, Income

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.

Burney Simpson | Staff Reporter
April 24, 2018
Business

Tonnage Remains Solid, Takes Breather in March

Truck tonnage rose 6.3% in March compared with the same period a year ago, according to American Trucking Associations’ monthly for-hire truck tonnage index.

Burney Simpson | Staff Reporter
April 24, 2018
Business

Profits, Revenues Fall at Canadian National

Canadian National Railway reported April 23 first-quarter net income of C$741 million, or $1 a share, on revenues of $3.2 billion, a decline of $12 million.

Burney Simpson | Staff Reporter
April 23, 2018
Business, Equipment

VTNA President Göran Nyberg Moves to VW Bus and Truck Division

Göran Nyberg, the president of Volvo Trucks North America, has moved to Volkswagen AG’s European subsidiary MAN Truck & Bus, spurring Volvo to name a veteran to fill Nyberg’s role on an acting basis.

Burney Simpson | Staff Reporter
April 23, 2018
Business, Safety, Logistics, Top 100

Carriers Keep Rolling Out Driver Pay Raises

The need for truck drivers has spurred a number of carriers recently to raise compensation and entice qualified drivers to stick around.

Burney Simpson | Staff Reporter
April 19, 2018