Knight-Swift Reports 11% Revenue Increase for Q4
Knight-Swift Transportation Holdings profits dropped during the fourth quarter but the carrier experienced an increase in revenue, the company reported Jan. 24.
New Landstar Facility to Focus on Owner-Operators
Landstar has started construction on a new field operations center in Crawfordsville, Ind., the company announced Jan. 18. The facility will be built with owner-operators in mind.
C.H. Robinson Announces Electronic Bill of Lading for LTLs
C.H. Robinson is implementing an electronic bill of lading process for its largest less-than-truckload carriers, a move in its continued efforts to digitize documents, the company announced Jan. 22.
Forward Air Reaches Deal With Omni Logistics on Acquisition
Forward Air Corp. and Omni Logistics have settled litigation surrounding a planned merger that allows a deal to proceed under amended terms, the companies announced Jan. 22.
Progress in Sensor Technology for Trucks Showcased at CES
LAS VEGAS — Trucking sensors are becoming an increasingly pivotal area of focus as an enabler of automotive technology, with that growing importance demonstrated at CES 2024.
Outlook Brighter for Trucking M&A Market in 2024
The trucking acquisition market is looking to enter a more active year with market conditions likely to drive buyers and sellers to the table in 2024, according to the Tenney Group.
J.B. Hunt Reports Revenue Declined to $3.3 Billion for Q4
J.B. Hunt Transport Services Inc. reported a decline in fourth-quarter earnings as a result of weaker performance across its segments and rising insurance costs, the company reported Jan. 18.
ATA Announces America’s Road Team Captains for 2024-25
American Trucking Associations on Jan. 16 unveiled the 24 professional truck drivers who were selected to be part of the 2024-25 America’s Road Team.
Trailer Orders Continue Sequential Improvements in December
U.S. trailer orders continued to improve sequentially despite falling well below their year-ago numbers in December, according to ACT Research.
December Class 8 Orders Fall 12.5% After Short Rebound
North American Class 8 truck orders for December fell from the 2022 period and a short-lived rebound the previous month, according to ACT Research.