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Business, Logistics, For-Hire, Top 100

Forward Air Completes Acquisition of Omni Logistics

Forward Air on Jan. 25 announced the completion of its long-pending acquisition of Omni Logistics, with both companies’ leaders touting the benefits of the merger.

Dan Ronan | Senior Reporter
January 31, 2024
Business, Top 100

ODFL Reports Slight Revenue Bump to $1.5 Billion for Q4

Old Dominion Freight Line experienced nearly flat earnings and a slight revenue bump to $1.5 billion during the fourth quarter of 2023, the company reported Jan. 31.

Connor D. Wolf | Staff Reporter
January 31, 2024
Business, Logistics, For-Hire, Top 100

UPS to Cut 12,000 Jobs, Explore Sale of Coyote Amid Weak Q4

UPS Inc. is reducing its overall employee head count by 12,000 workers, which the company says will save more than $1 billion, citing higher labor costs and softening demand.

Dan Ronan | Senior Reporter
January 30, 2024
Business, For-Hire, Top 100

Knight-Swift Reports 11% Revenue Increase for Q4

Knight-Swift Transportation Holdings profits dropped during the fourth quarter but the carrier experienced an increase in revenue, the company reported Jan. 24.

Connor D. Wolf | Staff Reporter
January 25, 2024
Business, Logistics, Top 100

Werner Appoints Meisgeier as Its Next President

Company veteran Nathan Meisgeier joined Omaha, Neb.-based Werner Enterprises Inc. in 2005 and was promoted to the carrier's general counsel in 2016.

Joe Howard | Executive Editor
January 10, 2024
Business, Top 100

Current Stock Prices for Trucking, Logistics Companies

Same-day data for publicly traded trucking and transportation stocks in the autonomous, truckload, less-than-truckload, package, logistics and leasing categories.

January 9, 2024
Business, Logistics, Top 100, TCA

Penske Logistics Names Jeff Jackson President

Penske Logistics has named Jeff Jackson president, succeeding Marc Althen, who is retiring. A longtime Penske leader, Jackson has more than 28 years' experience in transportation.

January 5, 2024
Business, Top 100, TCA

Groendyke Transport Names Joe Morrissey President

Groendyke Transport, which has operated for more than 90 years, announced Jan. 4 that Joe Morrissey has been named president.

Tanner Holubar | Enid (Okla.) News & Eagle
January 5, 2024
Business, Logistics, Top 100

Walmart Chooses Georgia Site for Dairy Facility

Georgia Gov. Brian Kemp announced that Walmart Inc. will invest $350 million to open a new dairy facility along the Interstate 75 freight corridor. Operations are expected to begin in 2025.

Noël Fletcher | Staff Reporter
October 24, 2023
Business, Technology, Equipment, Safety, Top 100

Eaton Partners With Cruise Control Specialist Traxen

Eaton is to start selling, distributing, servicing and providing installation support for Michigan-based technology developer Traxen’s iQ-Cruise system.

Keiron Greenhalgh | Staff Reporter
September 19, 2023