Business, Logistics

Hub Group Revenue Tops $1 Billion in Fourth Quarter

Intermodal and logistics service provider Hub Group reported revenue topping $1 billion and higher profits in the fourth quarter of 2018.

Daniel P. Bearth | Staff Writer
February 7, 2019
Business, Logistics

Americold Acquires PortFresh Warehouse, Plans Port of Savannah Expansion

Cold storage warehouse operator Americold acquired PortFresh Holdings in Savannah, Ga., and said it will build a 15 million-square-foot cold storage facility on an adjacent site as part of a move to increase the firm’s share of the market for food imports and exports at the Port of Savannah.

Daniel P. Bearth | Staff Writer
February 7, 2019
Business, Logistics, Top 100

Mullen Group Takes Hit From Downturn in Oil Field Services

Mullen Group reported higher revenue and profits in the fourth quarter of 2018 despite a “market meltdown” caused by falling oil prices that curtailed demand for transportation services as the year ended.

Daniel P. Bearth | Staff Writer
February 7, 2019
Business, Logistics, Top 50, Top 100

Werner Enterprises Posts Record Results

Werner Enterprises produced record revenue and higher profits in the fourth quarter of 2018 as a strong economy fueled demand for both its trucking and logistics services.

Daniel P. Bearth | Staff Writer
February 7, 2019
Business

Echo Global Logistics Posts Record Revenue, Higher Profits in 4Q

Echo Global Logistics posted record revenue and higher profits in the fourth quarter of 2018 as strong freight demand boosted demand for freight brokerage services and more shippers outsourced freight management activities.

Daniel P. Bearth | Staff Writer
February 6, 2019
Business, Top 100

Patriot Transportation Reports Fiscal 1Q Results

Patriot Transportation Holding, the Jacksonville, Fla.-based parent of Florida Rock & Tank Lines, reported higher profits and revenue in the first fiscal quarter of 2019.

Daniel P. Bearth | Staff Writer
February 5, 2019
Business, Top 100

USA Truck Reports Improved Financial Results in 4Q

USA Truck’s financial results for the fourth quarter of 2018 show progress in boosting the profitability of its trucking business while efforts continue to do the same for the company’s freight brokerage business unit.

Daniel P. Bearth | Staff Writer
February 5, 2019
Business, Technology, Logistics, Top 50

FitzMark Acquires Reliable Source Logistics

Two Indianapolis-based freight brokerage firms, FitzMark Inc. and Reliable Source Logistics, are joining forces in a quest to build a global “logistics powerhouse,” company officials said.

Daniel P. Bearth | Staff Writer
February 5, 2019
Business, Technology, Safety

I.D. Systems Acquires CarrierWeb to Expand Asset-Tracking Capabilities

Asset-tracking specialist I.D. Systems Inc. has acquired the U.S.-based assets of CarrierWeb, a global telematics firm that provides in-cab mobile communications, electronic logging devices and trailer tracking.

Daniel P. Bearth | Staff Writer
January 31, 2019
Business, Top 50, Top 100

Schneider National Posts Record 4Q Results

Schneider National Inc. delivered record revenue and operating profits in the fourth quarter of 2018, and the company’s top executive said he expects to see continued improvement in the year ahead.

Daniel P. Bearth | Staff Writer
January 31, 2019