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As the coronavirus pandemic took hold, it disrupted freight demand in many segments of the economy, forcing some carriers to furlough drivers while others were quick to hire those furloughed drivers as a way to swiftly onboard experienced commercial vehicle operators.

Schlumberger Ltd. posted its weakest sales in 14 years and is cutting one-fifth of its workforce while warning that new waves of COVID-19 could derail the nascent recovery in global energy demand.

Landstar System Holdings Inc. on July 22 reported second-quarter net income and revenue were down compared with last year’s levels.

Knight-Swift Transportation Holdings posted a second-quarter profit increase of 1.2%, but revenue declined.

Baker Hughes Co. is bracing for a second wave of pandemic-induced lockdowns after the virus crippled economic activity around the world and compounded a historic oil bust.

Halliburton Co. impressed investors by slashing costs more than expected as the fracking behemoth works its way through an historic shale bust. The shares surged more than 8%.

J.B. Hunt Transport Services reported that second-quarter profits and revenue declined versus year-ago levels.

President Donald Trump’s push to advance infrastructure projects through environmental permitting changes earned broad support across the freight industry.

Forward Air Corp. will now offer less-than-truckload services in Savannah, Ga., the company announced July 13.

Find out where the carriers are by regions in North America.