Cold-storage logistics companies are seizing opportunities to expand, with at least two major U.S. companies in the sector snapping up properties of late.
Author: Jim Stinson
U.S. Xpress Revenue Dips Due to Lower Spot Rates
U.S. Xpress Enterprises Inc. saw revenue take a dip in the first quarter but saw its highest first-quarter net income ever, according to a news release from the company.
Falcon Transport Faces Employee Lawsuit After Closure
A Youngstown, Ohio-based trucking company laid off about 550 employees on April 27, only a year and a half after being purchased by a Los Angeles investment firm, and is now facing an employee lawsuit.
Dana Posts Record Sales in First Quarter, but Net Income Dips
Dana Inc. reported record first-quarter sales for 2019, seeing a 5% increase to $2.16 billion, compared with $2.14 billion in the year-ago period, according to a Dana news release.
Saia Posts 1Q Increases in Revenue, Income Despite Severe Weather
Saia Inc. shrugged off extreme weather in the first three months of the year to post records in its May 1 earnings report.
Saia Posts 1Q Increases in Revenue, Income Despite Severe Weather
Saia Inc. shrugged off extreme weather in the first three months of the year to post records in its May 1 earnings report.
ACT Panel: Hydrogen Fuel Cells Face Off With All-Electric Batteries
LONG BEACH, Calif. — Many transportation executives see a role for electric trucks in the years to come, but the question of which power-delivery method will move to the forefront — pure-electric or hydrogen fuel-cell electric — remains open, experts said.
Werner Enterprises Revenue, Net Income Rise in 1Q
Werner Enterprises Inc., a transportation and logistics company, said its total revenue for the first quarter ending March 31 increased 6% to $596.1 million versus the prior year quarter, primarily attributable to dedicated fleet expansion, higher cont…
Diesel Climbs 2.2¢ to $3.169 a Gallon
The U.S. average retail price of diesel climbed 2.2 cents to $3.169 a gallon, as crude oil stabilized around $63 per barrel, the U.S. Department of Energy reported April 29.
Diesel Climbs 2.2¢ to $3.169 a Gallon
The U.S. average retail price of diesel climbed 2.2 cents to $3.169 a gallon, as crude oil stabilized around $63 per barrel, the U.S. Department of Energy reported April 29.