Universal Logistics Holdings reported its best third quarter ever, following a trend of record-setting financial reports by freight carriers this year.
Category: News
USA Truck Continues Turnaround With Improved Results in 3Q
USA Truck reported higher revenues and profits in the third quarter of 2018, continuing a financial turnaround started in 2017.
LTL Carrier Old Dominion 3Q Financials Beat Analysts’ Expectations
Citing the strong U.S. economy and available capacity, Old Dominion Freight Line Inc. produced record results for revenue and profitability during the third quarter, CEO Greg Gantt said Oct. 25.
Trade Gap Widens in September; Business Equipment Orders Down Again
The U.S. merchandise-trade deficit widened to a record in September while orders for business equipment declined for a second month, adding to signs that an escalating tariff war is starting to constrain economic growth.
New Jersey’s Sen. Robert Menendez, Bob Hugin Disagree on Infrastructure Funding
This November, if New Jersey voters elect Republican political novice Bob Hugin to the U.S. Senate, President Donald Trump’s chances of advancing an infrastructure funding agenda through Congress next year could improve.
Truck Tonnage Dips, but Freight Outlook Remains Strong
A year-long surge in freight volume continues despite a modest dip in a widely followed truck tonnage index over the past two months.
UPS, Seattle to Launch eBike Downtown Delivery Program
UPS Inc. and Seattle Mayor Jenny Durkan announced Oct. 25 the parcel delivery company will begin a pilot project aimed at reducing congestion downtown and addressing air quality concerns.Delivery drivers will use electric pedal-assist cargo bicycles wi…
UPS, Seattle to Launch eBike Downtown Delivery Program
UPS Inc. and Seattle Mayor Jenny Durkan announced Oct. 25 the parcel delivery company will begin a pilot project aimed at reducing congestion downtown and addressing air quality concerns.Delivery drivers will use electric pedal-assist cargo bicycles wi…
New SmartAssign technology alleviates the burden of unassigned driving events by 40%
Enhancements to the J.J. Keller Encompass system help customers overcome the number one challenge of electronic logging.
Hair Testing Provisions Enacted as Part of Opioid Measure
President Donald Trump on Oct. 24 signed into law legislation aimed at tackling opioid abuse.