Jacksonville, Fla.-based Landstar System, Inc. reported record first quarter revenues of $780.9 million for the first quarter of 2016.
The Thomasville, N.C.-based less-than-truckload carrier surpassed analyst expectations, posting earnings per share of $0.80 for the quarter.
The Atlanta-based parcel giant reported increased revenues in all of its business segments, and surpassed analyst expectations with an earnings per share of $1.32 for the quarter.
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There were no injuries to the crew or the public, no releases and no impacted motorist grade crossings from the train derailment that occurred early Wednesday morning in Lake Forest, Ill., Union Pacific spokeswoman Calli Hite said Thursday.
Various headwinds in 2016 sent the industry into a tailspin, culminating with the demise of Hanjin Shipping, a company many thought was too big to fail.
The National Transportation Safety Board names acting chairman, while American Airlines Cargo appoints managing director of Florida, Caribbean and Latin America and 10-4 Systems names board chairman.