Daniel P. Bearth

Business, Logistics, Top 100

U.S. Xpress Enterprises Posts Record Profits

U.S. XPress truck Tom Biery/Trans Pixs.

U.S. Xpress Enterprises reported record profits in the third quarter as the company benefited from strong freight volumes and higher rates.

Daniel P. Bearth | Staff Writer
November 2, 2018
Government, Business, Top 50, Top 100

Schneider’s Profits, Revenue Higher in Third Quarter

A Schneider truck Bruce Harmon/Trans Pixs

Schneider National Inc. reported higher revenue and profits in the third quarter, but not all of its business units shared in the bounty.

Daniel P. Bearth | Staff Writer
November 1, 2018
Business, Logistics

XPO Logistics Posts Higher Revenue, Profits in Third Quarter

XPO Logistics triple trailer RaymondClarkeImages/Flickr

XPO Logistics announced increased revenue and profits in the third quarter and, although the gains were less than what some investment analysts had expected, CEO Bradley Jacobs said the company implemented a record number of new logistics contracts in the quarter.

Daniel P. Bearth | Staff Writer
October 31, 2018
Business, Logistics

C.H. Robinson Reports Growth in Revenue, Profits in Third Quarter

C.H. Robinson call center Logistics technicians take calls at a C.H Robinson office. (C.H. Robinson Worldwide)

C.H. Robinson Worldwide posted strong growth in revenue and profits in the third quarter, helped by a lower tax rate and increased pricing in a capacity-constrained freight market.

Daniel P. Bearth | Staff Writer
October 31, 2018
Business, Technology, Logistics

FourKites Adds ‘Predictive’ Load Matching Service

FourKites drink koozies FourKites

FourKites, a load tracking firm, is tapping a former UberFreight executive to head up a new service offering predictive capacity management to shippers and carriers.

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

Canadian National Railway Agrees to Buy TransX Group

TransX truck in Louisville, Ky. John Sommers II for Transport Topics

Canadian National Railway has reached an agreement to buy the TransX Group of Cos. in Winnipeg, Manitoba, from founder and CEO Louie Tolaini.

Daniel P. Bearth | Staff Writer
October 30, 2018
Business, Logistics, Top 50, Top 100

Universal Logistics Reports Best-Ever 3Q Results

Universal Logistics Holdings truck Universal Logistics Holdings

Universal Logistics Holdings reported its best third quarter ever, following a trend of record-setting financial reports by freight carriers this year.

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

USA Truck Continues Turnaround With Improved Results in 3Q

USA Truck on road John Sommers II for Transport Topics

USA Truck reported higher revenues and profits in the third quarter of 2018, continuing a financial turnaround started in 2017.

Daniel P. Bearth | Staff Writer
October 25, 2018
Business, Logistics

Truck Tonnage Dips, but Freight Outlook Remains Strong

Trucks on a highway, reflected cobalt123/Flickr

A year-long surge in freight volume continues despite a modest dip in a widely followed truck tonnage index over the past two months.

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

Groendyke Transport Announces Largest Acquisition in Company History

Groendyke Groendyke Transport

Groendyke Transport Inc. has agreed to purchase the tank truck assets of McKenzie Tank Lines, a bulk carrier based in Tallahassee, Fla., for an undisclosed amount.

Daniel P. Bearth | Staff Writer
October 25, 2018

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