Hub Group reported double-digit declines in profits and revenue during the first quarter as it saw a drop in intermodal revenue and a decrease in its truck brokerage business.
May 4, 2020Search
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UPS Shipping First Ventilators From GM Facility to Hospitals
UPS is shipping ventilators made in a General Motors facility to hospitals in the Chicago area.
April 17, 2020J.B. Hunt Reports Mixed Results for Q1
Truckload carrier J.B. Hunt Transport Services Inc. reported lower first-quarter net income on increased operating revenue on April 14.
April 16, 2020FedEx CEO Fred Smith Takes 91% Cut in Salary for Six Months
FedEx Corp. said Chairman and CEO Fred Smith is taking a salary cut, effective April 1, from $115,402 per month to $10,728 per month through Sept. 30.
April 7, 2020Truckers Work to Overcome Difficulties in Food Supply Chain
Truckers hauling food are facing delays across the globe in the latest disruption to supply chains snarled by the coronavirus pandemic.
April 3, 2020FedEx Ground to Close Pennsylvania Facility, Cutting 186 Jobs
FedEx Ground will be shutting down its package delivery facility in Clinton, Pa., on May 16, eliminating 186 jobs.
March 27, 2020Showers of Praise Greet Busy Truckers
As truck drivers crisscross the country hauling goods vital to the fight against the coronavirus, they find themselves at the center of another fast-spreading outbreak: nationwide gratitude. It’s showing up along the roads, on TV, in emails and social media, and even at the White House.
March 26, 2020XPO Backs Away From Possible Sale, Spinoffs of Units
XPO Logistics Inc. said the current economic environment has compelled it to step back from earlier plans to explore the sale or spinoff of some of its assets.
March 20, 2020XPO to Lay Off 304 Workers at Texas Distribution Center
XPO Logistics Inc. will lay off 304 workers at an AllianceTexas distribution center in April, according to a notice filed with the Texas Workforce Commission.
February 14, 2020Ryder Posts Earnings Loss, Record Revenue in Q4
Ryder System Inc. reported record fourth-quarter revenue and a loss in earnings due to previously announced expenses.
February 13, 2020