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Business, Logistics

Trucking Sees Rise in Acquisitions

Shaking hands The economic environment is ripe for smaller carriers looking to sell. (Getty Images)

The trucking industry has experienced a robust acquisitions market over the past year that shows no signs of stopping.

Connor D. Wolf | Staff Reporter
January 30, 2020
Business, Technology, Logistics, Autonomous

UPS to Expand Service, Capacity, Add Operation Hours

UPS A UPS driver makes a delivery. The company said weekend network enhancements will expand residential and commercial Saturday volumes by reaching an additional 40 million U.S. consumers. (UPS Inc.)

UPS Inc. rolled out a series of offerings Jan. 29 aimed at improving service to small and midsize businesses, including an extension of weekend operations.

Jim Stinson | Staff Reporter
January 29, 2020
Government, Business, Equipment, Logistics

Trucking Watches China Trade Deal Progress

China Trade Deal Workers on the production floor at a tire manufacturing plant in Dongying, China. (Kangrui Group)

The U.S.-China trade war has put a lot of stress on trucking, but the signing Jan. 15 of the first phase of a more comprehensive agreement between the two countries has spurred cautious optimism for the industry.

Connor D. Wolf | Staff Reporter
January 29, 2020
Business, Logistics, Top 50, Top 100

Schneider Q4 Earnings Miss Wall Street Expectations

Schneider For 2019, Schneider saw revenue drop to $4.74 billion from $4.97 billion in 2018. (Schneider National Inc.)

Schneider National Inc. reported Jan. 29 that fourth-quarter 2019 and yearly financial numbers declined when compared with 2018’s record year.

Dan Ronan | Associate News Editor
January 29, 2020
Business, Logistics, Top 100

Roadrunner Sells Distribution Service to C.H. Robinson for $225 Million

Roadrunner Transportation Systems trailers Roadrunner Transportation Systems via Facebook

Roadrunner Transportation Systems Inc. will sell its Prime Distribution Services business to C.H. Robinson Worldwide Inc. for $225 million in cash, according to a Jan. 28 news release.

Jim Stinson | Staff Reporter
January 28, 2020
Business, Technology, Logistics

C.H. Robinson Launches Incubator Robinson Labs

C.H. Robinson C.H. Robinson via YouTube

C.H. Robinson introduced C.H. Robinson Labs, an innovation incubator in which ideas in logistics and supply chain are created, tested and scaled to build solutions for customers and carriers, the company said in a Jan. 23 news release.

Jim Stinson | Staff Reporter
January 27, 2020
Business, Equipment, Safety, Logistics

Moving Manatees, Elephants and Pandas Requires Careful Planning, Preparation

Bei Bei Bei Bei by FedEx

DHL Express, FedEx and other companies specialize in arranging transportation for large animals, including manatees, pandas and elephants.

Gregory Van Tighem | Special to Transport Topics
January 27, 2020
Government, Business, Logistics, Top 100

Celadon Reaches Deal to Sell Taylor Express for $14.5 Million

Taylor Express truck Taylor Express via Facebook

An agreement has been reached to sell the last remaining operating trucking company, Taylor Express, that is part of the now-bankrupt Celadon Group of Indianapolis.

Dan Ronan | Associate News Editor
January 24, 2020
Business, Safety, Logistics, Top 100

A. Duie Pyle Launches TSA-Cleared Airfreight Service

Diversified motor carrier A. Duie Pyle Inc. announced a Transportation Security Administration-compliant export service designed to move international airfreight directly from point of origin to the export location.

January 24, 2020
Business, Logistics, Top 100

Marten Transport Q4 Net Income Stable as Company Reports Record Year

Marten Transport truck on highway John Sommers II for Transport Topics

Marten Transport Ltd. reported net income for the fourth quarter ended Dec. 31 was the same as it was for the comparable quarter in 2018: $15.7 million.

Jim Stinson | Staff Reporter
January 24, 2020