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Business, Logistics, For-Hire

Universal Logistics Reports Weaker Q1 Amid Softening Market

Universal Logistics Holdings experienced a year-over-year decline in revenue and earnings during the first quarter of 2023, the company reported April 27.

Connor D. Wolf | Staff Reporter
April 28, 2023
Business, Logistics, For-Hire

Landstar Reports Revenue and Earnings Decline for Q1

Landstar System Inc. experienced a year-over-year decline in revenue and earnings during the first quarter of 2023, the company reported April 26.

Connor D. Wolf | Staff Reporter
April 27, 2023
Business, Equipment, Logistics, For-Hire

Ryder Q1 Profit Slides on Lower Used Vehicle Sale Prices

Lower used-vehicle sale prices and the U.K. market exit hurt profits at Ryder System Inc. in the three months ending March 31, it said, as results fell short of analyst expectations.

Keiron Greenhalgh | Staff Reporter
April 27, 2023
Business, Equipment, For-Hire

Wabash Q1 Profit Jumps as Sales, Order Backlog Soar

Profits at trailer manufacturer Wabash jumped year-over-year in the three months ending March 31 as sales and margins rose while order backlog soared.

Keiron Greenhalgh | Staff Reporter
April 27, 2023
Business, Logistics, For-Hire

TFI Reports Lower Income, Revenue

TFI International profits slid year-over-year in the three months ending March 31, with its top executive saying April 26 that conditions in the quarter were tougher than expected.

Keiron Greenhalgh | Staff Reporter
April 26, 2023
Business, Logistics, For-Hire

UPS Reports Lower Earnings as Consumer Spending Slows

UPS Inc. reported first-quarter earnings that were lower than those the Atlanta-based company posted in the same period in 2022 and were mixed when it came to Wall Street expectations.

Dan Ronan | Senior Reporter
April 25, 2023
Business, Technology, Logistics, For-Hire

Schneider Completes First EV Delivery for Frito-Lay

Schneider completed its first battery-electric vehicle delivery with Frito-Lay North America, the multimodal transportation provider announced April 17.

April 24, 2023
Business, Logistics, For-Hire

Knight-Swift Reports Revenue, Earnings Decline for Q1

Knight-Swift Transportation Holdings Inc. experienced a year-over-year decline in revenue and earnings during the first quarter of 2023, the company reported April 20.

Connor D. Wolf | Staff Reporter
April 21, 2023
Business, Equipment, For-Hire, Private, TCA

Amazon May Charge a Return Fee at UPS Stores

If you opt to return your Amazon purchase at a UPS store, that transaction just might cost you.

Jessica Jones-Gorman | Staten Island Advance
April 19, 2023
Business, Technology, Equipment, Logistics, For-Hire

NFI Ramps Up Battery-Electric Truck Deployment in California

NFI Industries will deploy 50 Class 8 battery-electric trucks (BETs) in Southern California, the for-hire truckload carrier said.

April 18, 2023