Business, Top 50, Top 100

U.S. Xpress Reports Mixed Q4

U.S. Xpress U.S. Xpress

U.S. Xpress Enterprises saw a revenue gain but drop in income for the fourth quarter of 2021, the company reported Feb. 9.

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

PepsiCo Gains After Forecast Beats Estimates on Robust Demand

PepsiCo Gains After Forecast Beats Estimates on Robust Demand A PepsiCo truck. (PepsiCo)

PepsiCo Inc. gave a full-year sales outlook that was ahead of estimates as the company looks to pass the burden of higher costs onto consumers.

February 10, 2022
Government, Business, Equipment, Top 100

Yellow CEO Darren Hawkins: Q4 Earnings Show Carrier on Right Track

Hawkins Darren Hawkins (inset) and a Yellow Corp. truck. (Yellow Corp.)

Yellow Corp. CEO Darren Hawkins told Transport Topics that the less-than-truckload carrier’s recent financial performance demonstrates its moves to rebuild its fleet, secure new business while maintaining existing customers and implement new technologies are setting the stage for long-term growth.

Dan Ronan | Senior Reporter
February 10, 2022
Business, Top 100

Forward Air Reports Record Revenue, Earnings for Q4

Forward Air truck Forward Air posted net income of $116.1 million on revenue of $1.66 billion for all of 2021. (John Sommers II for Transport Topics)

Forward Air Corp. on Feb. 9 reported all-time quarterly records for revenue, net income and diluted shares for the fourth quarter of 2021.

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

UPS Freight Acquisition Fuels TFI’s Q4 Growth

TFI TFI has renamed the UPS Freight unit it purchased TForce Freight. (TForce Freight)

TFI International reported gains in fourth-quarter and annual net income and revenue, helped by its acquisition of the UPS Freight operation.

Jerry Hirsch | Contributing Writer
February 9, 2022
Business, Top 100

Hub Group Reports Record Q4 Revenue

Hub Group truck Revenue jumped 31.8% to $1.26 billion from $952.7 million in the same period in 2020. (Hub Group)

Hub Group Inc. reported record fourth-quarter revenue and net income as the company benefited from high pricing caused by constraints across the supply chain.

Jerry Hirsch | Contributing Writer
February 9, 2022
Government, Business, Fuel, Top 100

Price of Diesel Soars 10.5¢ a Gallon to $3.951

Diesel fuel pump Half of the 10 regions in EIA's survey reported double-digit price increases for the week. (Jupiterimages/Getty Images)

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.

Roger Gilroy | Senior Reporter
February 7, 2022
Business, Top 100

Kenan Advantage Group Acquires K-Limited Carrier

Kenan Advantage Group fuel tank truck KAG will gain approximately 95 tractors and 195 trailers from its acquisition of K-Limited Carrier. (Kenan Advantage Group)

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, 2022
Government, Business, Technology, Safety, Top 100

Mandates, E-Commerce and Congestion Complicate Truck Parking Issues

Parked trucks at roadside Trucks are parked at dawn, by the side of a freeway. (Ian McDonnel via Getty Images)

Truck parking, which affects everything from driver satisfaction to cargo security, is a top concern for the trucking industry.

Mindy Long | Special to Transport Topics
February 7, 2022
Business, Equipment, Logistics, Top 100

Yellow Reports Mixed Q4, 2021 Results

Yellow Yellow Corp.

Less-than-truckload carrier Yellow Corp. reported mixed year-over-year fourth-quarter and full year earnings.

Dan Ronan | Senior Reporter
February 3, 2022

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