Author: Jim Stinson

Covenant Transportation Group Inc. reported a net loss of $3.2 million in the third quarter of 2019, compared with net income of $11.6 million in the same quarter of 2018.

German tire manufacturer Continental AG celebrated the grand opening of its first plant dedicated to truck tires, the company said in an Oct. 16 news release.

Closures and layoffs continue to vex the trucking industry in 2019, but three recent downsizings were attributed by the companies involved more to the vicissitudes of the energy, retail and final-mile industries than to a slowdown in the overall freigh…

UPS Inc. reported $1.75 billion in net income in the third quarter of 2019, up 15.9% from the same period a year ago, in an earnings statement released Oct. 22.

The U.S. average retail price of diesel dropped by 0.1 cent to $3.050 a gallon, the Department of Energy reported Oct. 21.

Marten Transport saw record revenues lead to an 8.7% increase in net income, up to $16.6 million, from $15.3 million in the third quarter of 2018, according to an earnings report released Oct. 17.

For drivers wary of the prices for new or gently used trucks, lease-purchase agreements can offer a path to eventual ownership, but researching the deal before signing on the dotted line is crucial to avoid potential financial pitfalls, experts said.

The U.S. average retail price of diesel rose by 0.4 cent to $3.051 a gallon, the Department of Energy reported Oct. 15, breaking a three-week decline.

FedEx Freight is expanding its FedEx Freight Direct e-commerce pilot to more than 80% of the contiguous population of the United States, following expansion of the program to additional markets earlier this year.

FedEx Freight is expanding its FedEx Freight Direct e-commerce pilot to more than 80% of the contiguous population of the United States, following expansion of the program to additional markets earlier this year.