Top 100

Canadian carrier Mullen Group Ltd. increased revenue by C$23.3 million, or 7.9%, to $319 million in the second quarter ended June 30, according to a company news release.

Less-than-truckload carrier Old Dominion Freight Line reported higher net income and revenue in the second quarter as it achieved, amid lower shipments and tonnage, company records for revenue, operating ratio and earnings per diluted share.

United Parcel Service Inc. reported second-quarter earnings benefiting from rising demand for its Next Day Air and Ground delivery services.

UPS Inc. is joining the seven-day-a-week delivery business, announcing July 23 that beginning Jan. 1, 2020, the Atlanta-based shipping giant will add Sunday nationwide ground service.

Battery-electric medium-duty trucks may have a bright future due to their potential to reduce operational costs and improve sustainability. But currently, the availability of these trucks is limited as testing continues.

Marten Transport Ltd. reported the highest operating revenue and operating income in the company’s 73-year history, according to a July 18 news release.

Heartland Express Inc. reported July 18 another quarter of profit improvement despite a weakening freight environment in the second quarter of 2019.

J.B. Hunt Transport Services Inc. reported net income fell and revenue increased in the second quarter amid mixed results in its business units.

Baltimore trucking company Cowan Systems has acquired Carlisle Carrier Corp. of Mechanicsburg, Pa.

Ryder System Inc. increased its regular quarterly cash dividend by 2 cents to 56 cents per share.