Business, Logistics, TCA

Steam Logistics Continues International Growth Despite Tariff Threat

Despite growing concerns of a trade war, one of Chattanooga, Tenn.’s fastest-growing international companies still expects to grow by more than 60% this year shipping goods worldwide.

Dave Flessner | Chattanooga (Tenn.) Times Free Press
June 18, 2018
Business, TCA

U.S. Xpress Raises Over $250 Million in Stock Issue

A decade after its owners took the company private, U.S. Xpress Enterprises, Inc. returned to Wall Street June 14 to raise more than $250 million of equity and again become a publicly traded company.

Dave Flessner | Chattanooga (Tenn.) Times Free Press
June 15, 2018
Business, Logistics, TCA, Top 100

Covenant Transport Pays $2,000 Bonuses to 44 Teams

Covenant Transport handed out $88,000 in its new team bonus program last month to 44 teams that eclipsed the 60,000 miles together to earn the company’s new $2,000-per-team bonus.

Dave Flessner | Chattanooga (Tenn.) Times Free Press
May 9, 2018
Business, TCA

Covenant Transport Raises Profit Outlook

Covenant Transport raised its profit outlook March 14 for the first quarter after freight revenue rose a better-than-expected 6.3% in the first couple of months of 2018.

Dave Flessner | Chattanooga (Tenn.) Times Free Press
March 15, 2018
Business, Logistics, TCA

Delivering the Goods: U.S. Xpress Offers Team Bonuses Up to $50,000

With demand for long-haul driver teams outstripping supply, one of the country’s largest truckload carriers Feb. 12 launched a compensation plan to provide team drivers up to $50,000 in bonuses and four weeks of paid vacation every year.

Dave Flessner | Chattanooga (Tenn.) Times Free Press
February 13, 2018
Business, Equipment

Class 8 Truck Repair Firm to Undergo $9 Million Expansion

Fitzgerald Collision & Repair will undergo a major expansion and create 220 new jobs in Tennessee.

Dave Flessner | Chattanooga (Tenn.) Times Free Press
June 30, 2017
TCA

Port of Savannah Shipments Reach All-Time High

Cargo shipments to the Port of Savannah in Georgia rose 10% last month to an all-time high for February as the widened Panama Canal continued to boost the number and size of ships headed for U.S. East Coast ports.

Dave Flessner | Chattanooga (Tenn.) Times Free Press
March 20, 2017
TCA

Tennessee Trucking Firm Keeps Drivers Longer With Feedback Software

Southern Refrigerated Transport, one of the trucking subsidiaries of the Chattanooga, Tennessee-based Covenant Transport, prides itself on its family atmosphere.

Dave Flessner | Chattanooga (Tenn.) Times Free Press
March 8, 2017
TCA

U.S. Xpress Offers Apprenticeship Program for Vets to Fill Truck Driver Jobs

Don Davis and his wife, Rebekah, nearly doubled their combined income when the two military veterans became commercial truck drivers and started making longhaul trips between Chicago and the East Coast for the Chattanooga, Tennessee-based U.S. Xpress Enterprises.

Dave Flessner | Chattanooga (Tenn.) Times Free Press
March 6, 2017
Business

Covenant CEO Says Truckers Willing to Pay to Upgrade Highways

The head of one of Chattanooga, Tennessee’s biggest trucking companies says there is an urgent need to upgrade the interstate highways in the Chattanooga region to keep commerce flowing.

Dave Flessner | Chattanooga (Tenn.) Times Free Press
December 7, 2016