truckload

Business

Third-Quarter Truckload Results Show Lower Profits at Most Fleets

Covenant Transport

The third-quarter earnings season began with truckload carriers struggling to match year-over-year results, headlined by Covenant Transportation Group’s profits plummeting 62%.

Ari Asheand Rip Watson | Staff Reporters
October 24, 2016
Business

Truckload Pricing Ticks Up After Pressure in First Half

TT File Photo

Recent reports that track freight rates could be showing initial signs of improvement in truckload pricing, which has been under intensified pressure this year.

Rip Watson | Special to Transport Topics
August 29, 2016
Business

Difficult Freight Market Hurts Truckload Earnings

John Sommers for TT

The initial round of first-quarter truckload earnings sounded a negative note, with three of four large carriers reporting weaker results in a tough freight environment.

Rip Watson | Special to Transport Topics
April 25, 2016
Business

Most Truckload Profits Drop in 4Q as Freight Demand Slows

John Sommers II for TT

Truckload fleets that reported fourth-quarter earnings last week largely trailed the year-earlier quarter amid growing weakness in freight markets.

Rip Watson | Special to Transport Topics
February 1, 2016
Business

Truckload Rate Growth Eases as Freight Demand Sputters

John Sommers II for TT

The recent strong growth in rates is slowing as freight demand wanes and capacity loosens, industry statistics show.

Rip Watson | Special to Transport Topics
November 1, 2015
Business, Logistics

Universal Truckload Appoints New CEO

TT File Photo

Jeff Rogers has been appointed CEO at Universal Truckload Services, concluding a plan begun in June.

January 8, 2015
Business

Excess Truckload Freight Spilling Into LTL

Tight truckload capacity is driving up rates and boosting business for less-than-truckload carriers, with demand from shippers providing a lift that positions trucking for continued growth, industry analysts said.

November 17, 2014
Business, Logistics

Rogers to Succeed Wolfe as Universal CEO

Universal Truckload Services Inc. said CEO Scott Wolfe will retire at the end of 2014 and be succeeded by former YRC Freight President Jeff Rogers.

June 4, 2014
Business

USA Truck’s 1Q Loss Narrows

Michael G. Malloy/TT

USA Truck Inc.’s first-quarter loss narrowed to $1.6 million, or 15 cents per share, from $2.5 million, or 24 cents, as harsh winter weather increased operating expenses.

April 30, 2014
Business

Universal Truckload Services’ Profit Drops 29%

Universal Truckload Services Inc. reported its first-quarter profit fell 29% as its contract-related business declined.

April 28, 2014

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