Business, Technology, Equipment, Top 100

NextGen EkoStinger Fairing Boosts Fuel Savings in Test

EkoStinger EkoStinger system for tractor-trailer aerodynamics. (EkoStinger)

Mesilla Valley Transportation Solutions announced that the NextGen EkoStinger, an aerodynamic fairing for Class 8 tractor-trailers, boosted fuel mileage.

March 2, 2022
Business, Technology, Equipment, Top 100

Class 8 Truck Makers, Buyers Struggle to Get in Sync on Orders

Mack plant Mack trucks in production at Lehigh Valley Operations in Macungie, Pa. (Mack Trucks)

No one asked for these challenges: not the truck buyers staring at a rising tide of freight demand, and not truck makers delivering as many new heavy-duty trucks as they can to customers, but still way too few.

Roger Gilroy | Senior Reporter
February 28, 2022
Government, Business, Logistics, Top 100

UPS Loses Compensation Bid in EU

UPS driver Rogelio V. Solis/AP

UPS Inc. lost a court fight for about $2 billion in compensation over the European Commission’s 2013 botched veto of its takeover bid for TNT Express.

Stephanie Bodoni | Bloomberg News
February 23, 2022
Business, Logistics, Top 100

Hirschbach to Acquire John Christner Trucking

Hirshbach truck Hirschbach Motor Lines

Hirschbach Motor Lines on Feb. 16 announced that it will acquire Sapulpa, Okla.-based refrigerated carrier John Christner Trucking.

Connor D. Wolf | Staff Reporter
February 17, 2022
Business, Top 100

Walmart Bucks Supply Chain Snarls With Upbeat Annual Outlook

Walmart Bucks Supply Chain Snarls With Upbeat Annual Outlook Shoppers outside a Walmart store in Montreal, Quebec. (Christinne Muschi/Bloomberg)

Walmart Inc. surpassed Wall Street’s quarterly profit expectations and unveiled an upbeat sales outlook for the current fiscal year despite persistent cost pressures and flagging consumer sentiment.

Brendan Case | Bloomberg News
February 17, 2022
Business, Logistics, Top 50, Top 100

GXO Reports $2.3 Billion in Revenue for Q4

A GXO employee operates a robotic arm. A GXO employee operates a robotic arm at a warehouse. (GXO Logistics)

GXO Logistics saw revenue grow 19% to $2.3 billion during the fourth quarter of 2021, the company reported Feb. 15.

Connor D. Wolf | Staff Reporter
February 15, 2022
Business, Technology, Top 100

Averitt Emphasizes People, Service on 50th Anniversary

Averitt Averitt Express cake celebrating 50 years of service. (Averitt Express)

Averitt Express marked a half century in business last year with celebrations at its facilities across the country, including its corporate headquarters in Cookeville, Tenn.

Dan Ronan | Senior Reporter
February 11, 2022
Business, Logistics, Top 100

Universal Logistics Reports Record $467M Revenue for Q4

Universal Logistics Holdings truck Universal Logistics Holdings Inc.

Universal Logistics Holdings reported its highest quarterly operating revenue ever Feb. 10 for the fourth quarter of 2021.

Connor D. Wolf | Staff Reporter
February 10, 2022
Business, Technology, Equipment, Autonomous, Top 100

Suppliers Detail Supply Chain Challenges

Embark truck Embark Trucks Inc. launched its Truck Transfer Program with Knight-Swift. (Embark)

Leaders of commercial vehicle suppliers weighed in, during recent earnings calls, on challenges to the supply chain and related concerns.

Roger Gilroy | Senior Reporter
February 10, 2022
Business, Logistics, Top 100

Acquisitions Fuel Mullen’s Record Q4 Revenue Growth

APPS Transport truck Mullen acquired APPS Transport Group in 2021. (APPS Transport Group)

Mullen Group Ltd. reported a doubling of profits and record revenue for the fourth quarter.

Jerry Hirsch | Contributing Writer
February 10, 2022

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