Forward Air Corp. posted increased revenue but narrower net income for the first quarter of 2020, the company reported.
May 1, 2020Search
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U.S. Xpress Reports Net Loss, Increased Revenue
U.S. Xpress Enterprises reported an increase in revenue for the first quarter of 2020, but its bottom line swung from a profit to a loss.
May 1, 2020Amazon Profit Falls as Pandemic-Related Costs Rise
NEW YORK — Amazon’s sales soared in the first three months of the year, as more homebound people shopped online amid the coronavirus pandemic.
May 1, 2020Schneider National Reports $43.8 Million Net Income for Q1
Schneider National posted a 19% gain in first-quarter net income, the Green Bay, Wis., company reported April 30.
April 30, 2020Meatpackers Welcome Trump Order; Others Question Virus Risks
Big meatpacking companies that have struggled to keep plants running during the coronavirus crisis said April 29 that they welcomed President Donald Trump’s executive order requiring them to stay open, but unions, some employees and Democrats questioned whether workers could be kept safe.
April 30, 2020Werner Enterprises Reports $592.7 Million Revenue for Q1
Werner Enterprises reported steady revenue but a decline in net income during the first quarter of 2020, and the company said it is positioning itself to navigate the freight environment going forward amid the COVID-19 pandemic.
April 29, 2020UPS Q1 Revenue Rises, Net Income Dips
UPS Inc. on April 28 reported an increase in first-quarter revenue but said the COVID-19 pandemic caused a shift in its business mix that affected its bottom line result.
April 28, 2020Trump to Sign Order to Keep Meat Processing Plants Open
President Donald Trump will sign an executive order April 28 meant to stave off a shortage of chicken, pork and other meat on American supermarket shelves because of the coronavirus.
April 28, 2020America’s Mass Hog Cull Begins With Meat to Rot in Landfills
The mass culling of America’s hog herd is starting as a wave of shutdowns at processing plants creates livestock gluts that farmers can no longer sustain.
April 28, 2020China Merchants Group Explores Taking $4 Billion Port Unit Private
China Merchants Group Ltd. is exploring taking China Merchants Port Holdings Co. private after shares of the state-owned conglomerate’s unit slid in Hong Kong this year, according to people with knowledge of the matter.
April 28, 2020