Top 100
Price of Diesel Soars 10.5¢ a Gallon to $3.951
The national average price for diesel continued its rampage in the new year, surging 10.5 cents to $3.951 a gallon, according to Energy Information Administration data released Feb. 7.
Kenan Advantage Group Acquires K-Limited Carrier
Kenan Advantage Group, a North Canton, Ohio-based tank truck transporter, announced Feb. 7 that it has completed its acquisition of K-Limited Carrier.
February 7, 2022Mandates, E-Commerce and Congestion Complicate Truck Parking Issues
Truck parking, which affects everything from driver satisfaction to cargo security, is a top concern for the trucking industry.
Yellow Reports Mixed Q4, 2021 Results
Less-than-truckload carrier Yellow Corp. reported mixed year-over-year fourth-quarter and full year earnings.
Saia’s Annual Revenue Tops $2 Billion for First Time
Less-than-truckload carrier Saia Inc. reported large revenue and profit gains for the fourth quarter and year.
ArcBest Reports Strong Q4, Year on High Demand
ArcBest Corp. reported record profits and revenue for the fourth quarter and the full year thanks to surging freight demand.
Fleets Can Take Steps to Reduce Risk of Cybersecurity Threats
It may not be possible to eliminate cybersecurity breaches, but with the right safeguards in place, trucking and logistics companies can reduce the risk of being hacked or falling victim to a ransomware attack, industry experts said.
UPS Surges After 2022 Forecasts Exceed Wall Street’s Estimates
UPS Inc. on Feb. 1 announced record fourth-quarter and full-year financial results, as online holiday shopping boosted home parcel deliveries while an increase in medical shipments kept the company’s drivers and trucks busy.
Werner to Validate Cummins 15-Liter Natural Gas, Hydrogen Engines
Werner Enterprises and Cummins Inc. announced Werner will begin validation and integration of Cummins’ recently announced 15-liter natural gas and 15-liter hydrogen internal combustion engines in its vehicles.
J.B. Hunt Set to Acquire Zenith Freight Lines for $87 Million
J.B. Hunt Transport Services has entered into a definitive agreement to acquire the assets of Zenith Freight Lines for approximately $87 million.
January 31, 2022