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USA Truck Posts Net Loss on Declining Revenue in Q1

USA Truck reported a net loss on decreased revenue during the first quarter, the company reported May 7.

May 8, 2020
BusinessLogisticsTop 50

Expeditors Sees Profit, Revenue Fall in Q1; Workforce Remains Intact

Global disruptions created by the coronavirus pandemic depressed profits and revenue at Expeditors International in the first quarter.

May 8, 2020
GovernmentBusinessLogisticsTCA

Minnesotans Lose Thousands in Auto Dealer-Shipper Scam

The Better Business Bureau (BBB) is warning Minnesotans about scams in which auto dealers and shippers ask customers to wire money for cars they have bought online.

May 8, 2020
GovernmentBusinessLogistics

Trump Casts Doubt on Future of China Trade Deal

President Donald Trump cast doubt on the future of his 鈥減hase one鈥 trade deal with China, one of the biggest accomplishments of his first term, saying May 8 that he鈥檚 struggling with Beijing in the wake of the global coronavirus pandemic.

May 8, 2020
GovernmentBusinessTechnologySafetyLogistics

Musk鈥檚 Aim to Restart Tesla Plant Sets Up Potential Clash

Tesla Inc. plans to reopen its sole U.S. car factory as soon as May 8, possibly setting up another battle with local health authorities in California.

May 8, 2020
GovernmentBusinessLogisticsTop 50Top 100

Former XPO Executive to Become Next Postmaster General

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

May 7, 2020
BusinessLogisticsTop 100

Daseke Reports Revenue of $391 Million for Q1

Daseke Inc., the Addison, Texas-based flatbed transportation and logistics company, extended its losses in the first quarter as the rate environment softened.

May 7, 2020
BusinessTechnologyLogistics

Tesla Idles China Plant, Suspending Vehicle Output Worldwide

Tesla Inc. suspended production at its plant on the outskirts of Shanghai, according to people familiar with the matter, bringing to a halt all of the company鈥檚 vehicle manufacturing globally.

May 7, 2020
BusinessLogistics

ArcBest Records 61% Decline in Q1 Net Income

ArcBest Corp. reported a drop in revenue and profits for the first quarter, and business took a turn for the worse at the beginning of the second quarter amid the coronavirus pandemic.

May 7, 2020
GovernmentBusinessLogistics

Agriculture Secretary Says Meatpacking Plants Should Reopen Within 10 Days

U.S. Agriculture Secretary Sonny Perdue said he expects U.S. meatpacking plants to fully resume operations within a week to 10 days, during a meeting with President Donald Trump and Iowa Gov. Kim Reynolds.

May 6, 2020

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