Business, Technology, Logistics

Truckload Sector Sees Continued Strength in Q4

Truckload One expert said the sector’s strength has been almost at a peak for the past five or six quarters. (EunikaSopotnicka/Getty Images)

The truckload sector continued to experience a strong pricing environment during the fourth quarter amid marginal fleet growth.

Connor D. Wolf | Staff Reporter
February 18, 2022
Business, Top 100

Many Carriers Enjoy 2018 Banner Year for Revenue Growth

Revenue breakdown for trucking sectors

It was a historically great year for trucking in 2018 with robust growth in revenue and better margins, but not all companies saw the benefits of a strong economy.

Daniel P. Bearth | Senior Staff Writer
June 24, 2019

Titanium Transportation Reports Higher Profit, Revenue in Second Quarter

Titanium Transportation Titanium Transportation

Titanium Transportation Group more than doubled its profit in the second quarter of 2018 compared with the first quarter as the company reaped the benefits of a strong freight market.

Daniel P. Bearth | Staff Writer
August 9, 2018

Regency Transportation Agrees to Acquire Sweeney

Regency Transportation rig Regency Transportation has entered into an agreement to purchase Sweeney Transportation. (Regency Transportation)

Regency Transportation, a family-owned dry van truckload and warehousing firm based in Franklin, Mass., has agreed to purchase Sweeney Transportation in Chicopee, Mass., for an undisclosed amount.

April 2, 2018

Smith Transport Founder Hires Todd Smith as President

Todd Smith (left) and Barry Smith of Smith Transport Inc. Todd Smith (left) has taken over as president of Smith Transport. Barry Smith, who founded the company in July 1983, will remain chairman and CEO. (Smith Transport Inc.)

Smith Transport Inc. has selected Todd Smith as president of the Roaring Spring, Pa.-based trucking company, succeeding Barry Smith.

Barry Smith will continue to serve as chairman and CEO, a position he has held since forming the company in July 1983.

Daniel P. Bearth | Staff Writer
January 31, 2018

Covenant, Werner Report Strong Third-Quarter Earnings

Covenant truck on the highway Covenant Transportation Group generated $4.6 million in profits. (Daniel Dubois)

Three publicly traded carriers reported results on Oct. 19 with two reporting profits better than 2016 and one with a decline in the third quarter.

Ari Ashe and Burney Simpson | Staff Reporters
October 19, 2017

J.B. Hunt Revenues Rise on Higher Freight Volumes

J.B. Hunt truck John Sommers II for Transport Topics

J.B. Hunt Transport Services Inc. profits fell 8.3% in the third quarter, the company announced Oct. 13, coming up short of the Bloomberg News consensus forecast of analysts.

Ari Ashe | Staff Reporter
October 13, 2017
Business, Equipment

Truckload Earnings Expected to Be Mixed for Third Quarter, but Brighter Times Are Ahead, Insiders Say


Wall Street analysts expect truckload carriers to report mixed third-quarter earnings, despite a boost in business related to hurricanes Harvey and Irma.

Ari Ashe | Staff Reporter
October 12, 2017

Titanium Acquires Canadian Van/Flatbed Carrier Xpress Group

Titanium Transportation Group has acquired Canadian dry van truckload and flatbed carrier Xpress Group, based in Windsor, Ontario, for C$3.1 million in cash and the assumption of C$5.2 million in debt.

Dan Bearth | Senior Features Writer
October 6, 2017
Government, Business, Logistics

Shippers Discuss ELDs, Intermodal in Cowen Survey

CSX train Luke Sharrett/Bloomberg News

Shippers expect to put more freight on railroads next year as concern persists about how the electronic-logging device mandate will tighten trucking capacity in 2018, according to a Cowen and Co. survey.

Ari Ashe | Staff Reporter
October 3, 2017