UPS Inc. is building two giant freezer farms capable of super-cooling millions of vials of a COVID-19 vaccine, preparing for the day when it will need to deliver the medicine at high speed across the globe.
August 3, 2020Search
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Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
Lawmakers Highlight Supply Chain Concerns Amid Pandemic
House lawmakers recently pointed to the need for enhancing the manufacturing environment for products and equipment to avoid future disruptions along supply chains affected during the coronavirus pandemic.
July 31, 2020United Air Pivots to Leisure Routes in Modest Schedule Boost
United Airlines Holdings Inc. will boost flights modestly in September as it resumes service on more than 25 international routes.
July 31, 2020Universal Posts Lower Profit, Declining Revenue in Q2
Universal Logistics Holdings reported July 30 that net income and revenue were down during the second quarter compared with last year.
July 31, 2020Forward Air Posts Decline in Net Income, Revenue for Q2
Forward Air Corp. saw net income and total revenue decrease during the second quarter from prior-year levels, the company reported July 30.
July 31, 2020Oil Pares Monthly Gain With Global Supply Onslaught Looming
Oil is set to eke out a monthly gain, yet futures lost steam on July 31 amid threats that the market will soon become oversupplied.
July 31, 2020Amazon Plows Through Pandemic With Record Profit
Amazon .com Inc. justified its big investments to keep operating through the COVID-19 pandemic with sales growth and a record profit that far exceeded analysts’ estimates, showing that staying open when so many businesses were forced to close was a rare opportunity.
July 31, 2020XPO Reports Net Loss in Q2; Revenue Slides
XPO Logistics swung to a loss as revenue declined sharply in the second quarter because of the COVID-19 pandemic.
July 30, 2020Schneider Reports Profit Rises, Revenue Dips
Schneider National saw net income increase while revenue fell during the second quarter, the truckload, intermodal and logistics services company reported July 30.
July 30, 2020United Air Warns Outlook Threatens One-Third of Pilot Jobs
United Airlines Holdings Inc. warned that it’s considering furloughs for as many as one-third of its nearly 12,000 pilots, citing a resurgence in U.S. coronavirus cases that’s weakened sales.
July 30, 2020