One more great quarterly result along with a healthy dose of caution from management teams were among analysts’ expectations heading into the third-quarter earnings season. J.B. Hunt Transport Services delivered…
Logistics technology provider Slync.io announced Tuesday that it has named John Urban as CEO and chairman of the board, replacing Chris Kirchner, who was fired in August. Urban, who co-founded…
(Updated 11:45 P.M. ET with Kirby comments) Lost in the news that United Airlines’ $942 million third-quarter profit and guidance for positive travel trends the next three months sent shares…
J.B. Hunt Transport Services beat third-quarter expectations Tuesday after the market closed, posting earnings per share of $2.57 compared to the consensus estimate of $2.45. Consolidated revenue of $3.84 billion…
IKEA, the Swedish maker of popular ready-to-assemble furniture, is the latest company to test driverless truck deliveries in Texas using Kodiak technology.The pilot program began in August and includes a…
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Trucking news and briefs for Tuesday, Oct. 18, 2022: FMCSA lets COVID hours of service waiver expireThe COVID-19 hours-of-service emergency declaration allowing haulers of certain commodities to operate outside the…
After a worldwide pandemic and a current shortage of diesel mechanics, it’s safe to say trucking companies need to find ways to be more self-sufficient. Our truck shop opened in…
XPO Logistics provided long-term financial targets for its less-than-truckload and brokerage units Monday after the market closed. A spinoff of its brokerage segment, RXO, is planned for Nov. 1. The…
Between the all-time high Department of Energy/Energy Information Administration price of $5.81 a gallon on June 20 and the recent low of $4.836 a gallon two weeks ago, the benchmark…