Recent reports that track freight rates could be showing initial signs of improvement in truckload pricing, which has been under intensified pressure this year.
August 29, 2016Business
Most Truckload Profits Drop in 4Q as Freight Demand Slows
Truckload fleets that reported fourth-quarter earnings last week largely trailed the year-earlier quarter amid growing weakness in freight markets.
February 1, 2016Business
Truckload Rate Growth Eases as Freight Demand Sputters
The recent strong growth in rates is slowing as freight demand wanes and capacity loosens, industry statistics show.
November 1, 2015Business, Logistics
Universal Truckload Appoints New CEO
Jeff Rogers has been appointed CEO at Universal Truckload Services, concluding a plan begun in June.
January 8, 2015Business
Excess Truckload Freight Spilling Into LTL
Tight truckload capacity is driving up rates and boosting business for less-than-truckload carriers, with demand from shippers providing a lift that positions trucking for continued growth, industry analysts said.
November 17, 2014Business, Logistics
Rogers to Succeed Wolfe as Universal CEO
Universal Truckload Services Inc. said CEO Scott Wolfe will retire at the end of 2014 and be succeeded by former YRC Freight President Jeff Rogers.
June 4, 2014Business
USA Truck’s 1Q Loss Narrows
USA Truck Inc.’s first-quarter loss narrowed to $1.6 million, or 15 cents per share, from $2.5 million, or 24 cents, as harsh winter weather increased operating expenses.
April 30, 2014Business
Universal Truckload Services’ Profit Drops 29%
Universal Truckload Services Inc. reported its first-quarter profit fell 29% as its contract-related business declined.
April 28, 2014Business
Truckload Carriers Report Mixed 1Q, But Expect Improvements for Rest of Year
Comments with first-quarter earnings reports issued last week continued to trigger optimism about a pickup in freight in 2014, though severe winter weather dampened results for several prominent truckload fleets.
April 28, 2014Business
P.A.M. Swings to First-Quarter Profit
P.A.M. Transportation Services reported first-quarter net income of $1.36 million, or 17 cents per share, turning around a loss of $450,000, or 5 cents, in the prior year.
April 23, 2014