Daniel P. Bearth

Business, Logistics

C.H. Robinson Reports Higher First-Quarter Revenue, Profits

C.H. Robinson HQ TT File Photo

C.H. Robinson Worldwide reported strong revenue growth and higher profits in the first quarter of 2018 and said it expects strong demand and tight capacity conditions to continue through the rest of the year.

Daniel P. Bearth | Staff Writer
May 1, 2018
Business, Top 100, Top 50

Hub Group Reports Higher Revenue, Profits in 1Q

Hub Group Hub Group

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

Daniel P. Bearth | Staff Writer
April 26, 2018
Business

Schneider Posts Record 1Q Profits, Raises Forecast for Year

Schneider John Sommers II for Transport Topics

Schneider National posted record earnings and double-digit gains in revenue in the first quarter of 2018 and raised its profit forecast for the year.

Daniel P. Bearth | Staff Writer
April 26, 2018
Business

Downturn in Oil Field Services Slashes Profits for Mullen Group

Mullen Group truck Mullen Group

A surge in revenue from truckload freight hauling was enough to offset a downturn in oil field services for Canada’s Mullen Group, but the extra profits from trucking weren’t enough to salvage the company’s bottom line, which took a big hit in the first quarter.

Daniel P. Bearth | Staff Writer
April 26, 2018
Business, Top 100

TFI International Sees Earnings Increase, Revenue Stay Flat in 1Q

TST Overland Express truck TFI International operates TST Overland Express (TFI International)

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

Daniel P. Bearth | Staff Writer
April 25, 2018
Business, Top 100

Knight-Swift Reports ‘Progress’ With Merger, Sees Challenges in Getting Enough Drivers

Knight and Swift trucks John Sommers II for Transport Topics

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.

Daniel P. Bearth | Staff Writer
April 25, 2018
Business, Top 100

Landstar System Posts Record First Quarter

Landstar truck Landstar System Inc.

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.

Daniel P. Bearth | Staff Writer
April 25, 2018
Business, Top 100

Forward Air First-Quarter Results Better Than Expected

Forward Air on the road John Sommers II for Transport Topics

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.

Daniel P. Bearth | Staff Writer
April 25, 2018
Business, Logistics, Top 50

Echo Global Logistics Reports Revenue Surge in 1Q

Echo Global Logistics Echo Global Logistics

Echo Global Logistics reported record revenue in the first quarter of 2018 and posted a profit, compared with a loss a year ago, as tight capacity drove more business to third-party transportation service providers.

Daniel P. Bearth | Staff Writer
April 25, 2018
Business, Technology

Stord Receives $2.4 Million in Venture Capital Funding

Stord Founders Co-founders Henry (left) and Boudreau via Stord

Stord, a company launched two years ago by teenage entrepreneurs Sean Henry and Jacob Boudreau, has received $2.4 million in venture capital funding from a group of investors led by Chattanooga, Tenn.-based Dynamo.

Daniel P. Bearth | Staff Writer
April 25, 2018

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