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Former XPO Executive to Become Next Postmaster General

A Republican fundraiser and political donor from North Carolina who also worked as an executive at XPO Logistics will be the next postmaster general.

May 7, 2020

XPO Profits, Revenue Fall in Q1

First-quarter profits and revenue at XPO Logistics Inc. declined as the effects of the coronavirus pandemic took a toll on the less-than-truckload carrier and logistics company in March.

May 5, 2020

XPO to Cease Operations at Pennsylvania Warehouse

XPO Logistics will cease operations at its warehouse in Bethel Township, Pa., this month, according to a notice it filed March 11 with the Pennsylvania Department of Labor & Industry.

May 4, 2020

Hub Group Posts Dips in Revenue, Net Income in First Quarter

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, 2020

Ryder Reports Q1 Net Loss

Ryder System Inc. reported a net loss of just over $100 million in the first quarter and revenue slipped 1% as it adjusted to the impact of COVID-19 on the economy and its markets.

April 29, 2020

Echo Global Suffers $2.9 Million Loss in Q1

Echo Global Logistics swung to a loss in the first quarter as it faced pricing pressures and the early financial effects of the coronavirus pandemic.

April 23, 2020

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, 2020

J.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, 2020

FedEx 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, 2020