truckload
Many Carriers Enjoy 2018 Banner Year for Revenue Growth
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.
June 24, 2019Titanium Transportation Reports Higher Profit, Revenue in Second Quarter
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.
August 9, 2018Regency Transportation Agrees to Acquire Sweeney
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, 2018Smith Transport Founder Hires Todd Smith as President
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.
January 31, 2018Covenant, Werner Report Strong Third-Quarter Earnings
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.
October 19, 2017J.B. Hunt Revenues Rise on Higher Freight Volumes
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.
October 13, 2017Truckload Earnings Expected to Be Mixed for Third Quarter, but Brighter Times Are Ahead, Insiders Say
aymondclarkeimages/Flickr
Wall Street analysts expect truckload carriers to report mixed third-quarter earnings, despite a boost in business related to hurricanes Harvey and Irma.
October 12, 2017Titanium 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.
October 6, 2017Shippers Discuss ELDs, Intermodal in Cowen Survey
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.
October 3, 2017Covenant Transportation Group Adopts New Name to Market Services
Covenant Transportation Group is adopting Covenant Transport Services as its new name to emphasize the company’s broad range of freight services.
October 2, 2017