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For-Hire News

Government, Business, Technology, Equipment, Autonomous, For-Hire

Electric, Autonomous Trucks Hold Promise, Executives Say

LAS VEGAS — Autonomous and electric-powered trucks hold great potential to improve safety and efficiency in the freight transportation sector, but it will take time for these emerging technologies to overcome various market challenges and achieve widespread commercialization, industry executives said.

Seth Clevenger | Managing Editor, Features
February 8, 2023
Business, Logistics, For-Hire

Forward Air Expands in Chicago Area With New Terminal

Forward Air Corp. will expand its expedited less-than-truckload service offering in the Chicago area with a new terminal in Bolingbrook, Ill., the company announced Feb. 6.

Connor D. Wolf | Staff Reporter
February 6, 2023
Business, For-Hire

ArcBest Reports Earnings Decline, Revenue Gain for Q4

ArcBest experienced a decline in earnings year-over-year on moderate revenue gains during the fourth quarter of 2022, the company reported Feb. 3.

Connor D. Wolf | Staff Reporter
February 3, 2023
Business, Logistics, For-Hire

Schneider Reports 18% Earnings Decline for Q4

Schneider experienced an 18% year-over-year drop in fourth-quarter earnings, the company reported Feb. 2.

Connor D. Wolf | Staff Reporter
February 2, 2023
Business, Logistics, For-Hire

Landstar System Reports Revenue Decline for Q4

Landstar System Inc. experienced a year-over-year decline in revenue and earnings during the fourth quarter of 2022, the company reported Feb. 1.

Connor D. Wolf | Staff Reporter
February 2, 2023
Business, For-Hire, Global Freight

FedEx to Cut Management Jobs by More Than 10%

FedEx Corp. is cutting global officer and director jobs by more than 10%, the courier’s latest cost-saving measure as economic concerns and waning e-commerce weigh on demand for package delivery.

Thomas Black | Bloomberg News
February 1, 2023
Business, Logistics, For-Hire

FedEx Implementing Ranking System for Delivery Contractors

FedEx Corp. is rolling out a new system for evaluating its delivery contractors that rank them like Olympic medal winners.

Thomas Black | Bloomberg News
January 31, 2023
Business, For-Hire

Covenant Sees Year-End Slowdown

Covenant Logistics Group Inc. saw a 35% year-over-year decline in earnings amid marginal revenue improvements during the fourth quarter of 2022, the company reported Jan. 25.

Connor D. Wolf | Staff Reporter
January 26, 2023
Business, Logistics, For-Hire

Marten Transport Reports 16th Consecutive Profitable Quarter

Marten Transport reported higher fourth-quarter earnings, marking its 16th consecutive year-over-year increase.

Connor D. Wolf | Staff Reporter
January 25, 2023
Business, Technology, Equipment, Autonomous, For-Hire

Former USA Truck CEO James Reed Joins Kodiak

Former USA Truck CEO James Reed has joined autonomous truck technology company Kodiak Robotics, the company announced Jan. 19.

January 23, 2023

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