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Business, Logistics, Top 100

Western Express to Invest $88 Million, Add 225 Jobs in Tennessee

Western Express, a Nashville-based freight company, announced May 1 it will spend $88 million and add 225 jobs as it adds new technology, business services and back-office support at its headquarters and expands its truck fleet nationwide.

May 1, 2019
Business, Logistics, Top 100

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 contractual rates and lane-mix changes.

April 30, 2019
Business, Logistics, Top 100

Celadon Group Sells Intermodal Operations to Bison Transport

Celadon Group Inc. sold its North American container-on-flatcar intermodal operations to Bison Transport of Winnipeg, Manitoba, according to an April 26 press release.

April 29, 2019
Business, Fuel, Logistics, Top 100

Adoption of FA-4 Engine Oils Has Been Slow, but Early Tests May Point to Future Acceptance

The American Petroleum Institute’s latest heavy-duty engine oil standards, designated CK-4 and FA-4, have been on the market for more than two years, but only CK-4 lubricants have by and large replaced the previous CJ-4 formulation.

April 29, 2019
Business, Logistics, Top 100

Walmart Capable of Matching Amazon’s One-Day Pledge, Analyst Says

Walmart Inc. could easily match Amazon.com’s one-day delivery gambit, according to an analyst who worked at the world’s largest retailer.

April 26, 2019
Business, Top 100

Forward Air Reports Record Revenue, Profit in 1Q

Forward Air Corp. reported record revenue and net income when the Greeneville, Tenn.-based carrier announced first-quarter earnings April 24.

April 26, 2019
Business, Equipment, Safety, Top 100

Remote Diagnostics to the Rescue

Remote diagnostics systems available on modern trucks are helping fleets avoid costly repairs and reduce vehicle downtime, and this technology is rapidly advancing toward offering better predictions of when problems might occur.

April 26, 2019
Government, Business, Top 100

Celadon to Pay $42.2 Million After Admitting to Accounting Fraud

Celadon Group Inc. has agreed to pay $42.2 million to settle a federal investigation into allegations that a prior management team and a subsidiary company filed false and misleading statements to investors regarding tractors and trailers leased to owner-operators.

April 25, 2019
Business, Logistics, Top 100

Marten Transport Posts Record Results in First Quarter

Marten Transport Ltd. reported its best first-quarter operating revenue in the company’s 73-year history, according to an April 16 news release.

April 25, 2019
Business, Logistics, Top 100

TFI International Reports Record Results for 1Q

Another quarter, another record for TFI International when the Montreal-based conglomerate released its first-quarter financial report April 23.

April 25, 2019