Leaders of commercial vehicle suppliers weighed in, during recent earnings calls, on challenges to the supply chain and related concerns.
February 10, 2022Top 100
Suppliers Detail Supply Chain Challenges
Acquisitions Fuel Mullen’s Record Q4 Revenue Growth
Mullen Group Ltd. reported a doubling of profits and record revenue for the fourth quarter.
February 10, 2022U.S. Xpress Reports Mixed Q4
U.S. Xpress Enterprises saw a revenue gain but drop in income for the fourth quarter of 2021, the company reported Feb. 9.
February 10, 2022PepsiCo Gains After Forecast Beats Estimates on Robust Demand
PepsiCo Inc. gave a full-year sales outlook that was ahead of estimates as the company looks to pass the burden of higher costs onto consumers.
February 10, 2022Yellow CEO Darren Hawkins: Q4 Earnings Show Carrier on Right Track
Yellow Corp. CEO Darren Hawkins told Transport Topics that the less-than-truckload carrier’s recent financial performance demonstrates its moves to rebuild its fleet, secure new business while maintaining existing customers and implement new technologies are setting the stage for long-term growth.
February 10, 2022Forward Air Reports Record Revenue, Earnings for Q4
Forward Air Corp. on Feb. 9 reported all-time quarterly records for revenue, net income and diluted shares for the fourth quarter of 2021.
February 10, 2022UPS Freight Acquisition Fuels TFI’s Q4 Growth
TFI International reported gains in fourth-quarter and annual net income and revenue, helped by its acquisition of the UPS Freight operation.
February 9, 2022Hub Group Reports Record Q4 Revenue
Hub Group Inc. reported record fourth-quarter revenue and net income as the company benefited from high pricing caused by constraints across the supply chain.
February 9, 2022Price of Diesel Soars 10.5¢ a Gallon to $3.951
The national average price for diesel continued its rampage in the new year, surging 10.5 cents to $3.951 a gallon, according to Energy Information Administration data released Feb. 7.
February 7, 2022Kenan Advantage Group Acquires K-Limited Carrier
Kenan Advantage Group, a North Canton, Ohio-based tank truck transporter, announced Feb. 7 that it has completed its acquisition of K-Limited Carrier.
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