Daniel P. Bearth

Business, Logistics, Top 100

Knight-Swift Transportation Holdings Reports Profit Gains in 4Q

Knight and Swift trucks John Sommers II for Transport Topics

Knight-Swift Transportation Holdings reported higher profits and revenue in the fourth quarter of 2018 with improvement noted across all of its business units.

Daniel P. Bearth | Senior Staff Writer
January 29, 2019
Business, Logistics, Top 50, Top 100

Ceva Logistics Board Rejects Stock Buyout Bid by CMA CGM

Ceva TT File Photo

Ceva Logistics’ board of directors has recommended that shareholders reject a tender offer from CMA CGM to buy all of the publicly held shares of stock in the Swiss company, saying the price of 30 Swiss francs per share is too low.

Daniel P. Bearth | Senior Staff Writer
January 29, 2019
Business

Descartes to Acquire Visual Compliance

Descartes Systems Group agreed to acquire Visual Compliance, a firm that provides software and services to automate customs, trade and fiscal compliance processes for businesses.

Daniel P. Bearth | Senior Staff Writer
January 28, 2019
Business

Covenant Transport Reports Record Revenue, Profits in 4Q 2018

Covenant truck on a highway TT File Photo

Covenant Transportation Group reported record revenue and profits in the fourth quarter of 2018 as strong demand and higher rates boosted its truckload and freight brokerage business units.

Daniel P. Bearth | Senior Staff Writer
January 25, 2019
Business, Logistics

U.S. Xpress Moves to Divest U.S.-Mexico Trucking Operations

A U.S. Xpress Enterprises truck on a highway John Sommers II for Transport Topics

U.S. Xpress Enterprises has decided to cut back on its cross-border trucking operations, agreeing to sell its terminal in Laredo, Texas, along with 700 dry van trailers and divest its ownership of Xpress Internacional, a company based in Mexico that U.S. Xpress has operated since 2007.

Daniel P. Bearth | Senior Staff Writer
January 24, 2019
Business, Technology

Auto Driveaway Adds Truck Hauling With Purchase of J&J Driveaway

J&J Driveaway cab hauler J&J Driveaway provides drivers to move heavy-duty trucks. (J&J Driveaway)

Auto Driveaway, a company based in Lombard, Ill., that supplies drivers to move vehicles for corporations and fleet management firms, is buying J&J Driveaway and J&J Freight Brokers, companies that provide drivers to move heavy-duty trucks.

Daniel P. Bearth | Senior Staff Writer
January 23, 2019
Business, Safety

TransForce Expands Into Driver Training With Acquisition of The CDL School

Driver Training gk-6mt/Getty Images

TransForce Inc. is making another acquisition, but this time it is not buying a rival driver staffing agency.

Daniel P. Bearth | Senior Staff Writer
January 23, 2019
Business

Heartland Express Sees Profits Jump as Fleet Gets Smaller

Heartland Express TruckPR

Heartland Express reported lower revenue but higher profits in the fourth quarter of 2018 as the company continues a program to shrink its fleet and re-establish itself as one of the nation’s most efficient truck operators.

Daniel P. Bearth | Senior Staff Writer
January 22, 2019
Business, Logistics

RoadOne IntermodaLogistics Receives Investment From Nonantum Capital Partners

RoadOne RoadOne

Nonantum Capital Partners announced that it is partnering with Ken Kellaway and David McLaughlin to re-capitalize RoadOne IntermodaLogistics, a company based in Randolph, Mass., that provides container drayage, transloading and warehousing services at ports and rail terminals throughout the United States.

Daniel P. Bearth | Senior Staff Writer
January 18, 2019
Business, Logistics

J.B. Hunt Reports Mixed Fourth-Quarter Results

A J.B. Hunt truck on Interstate 65 in Shepherdsville, Ky. John Sommers II for Transport Topics

J.B. Hunt Transport Services reported mixed results in the fourth quarter of 2018, with a slump in intermodal shipments and charges related to an ongoing arbitration dispute with BNSF Railway overshadowing strong gains in its dedicated contract carriage, freight brokerage and over-the-road trucking businesses.

Daniel P. Bearth | Senior Staff Writer
January 17, 2019

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