A net loss and a drop-off in revenue marked Ryder System Inc.’s second-quarter results.
July 29, 2020Search
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Saia Posts Decrease in Q2 Profit, Revenue
Profit and revenue declined during the second quarter at Saia Inc. as the company dealt with the economic effects of the COVID-19 pandemic.
July 29, 2020U.S. Xpress Reports Profit, Revenue Gains for Q2
U.S. Xpress Enterprises’ net income and revenue increased during the second quarter, the Chattanooga, Tenn.-based carrier reported July 28.
July 29, 2020TFI Profit, Revenue Fall Due to Impact of COVID-19
TFI International Inc. posted declines in profit and revenue for the second quarter but said business is starting to rebound.
July 28, 2020USA Truck Reports Q2 Revenue of $123.7 Million
USA Truck saw second-quarter revenue and net income decrease compared with the prior year, the company reported July 27.
July 27, 2020Forward Air Invests $40 Million in Columbus Hub Expansion
Forward Air Corp. is expanding the capacity of its national hub in Columbus, Ohio, by approximately 30%, the company announced July 27.
July 27, 2020Pandemic Forces Some Fleets to Furlough Drivers, but Others Have Been Quick to Hire Them
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.
July 27, 2020Schlumberger Shrinks Staff to Lowest Since Pre-Shale Era
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.
July 24, 2020Landstar Reports Lower Net Income in Q2
Landstar System Holdings Inc. on July 22 reported second-quarter net income and revenue were down compared with last year’s levels.
July 23, 2020Baker Hughes Bracing for Second Wave of COVID-19 Lockdowns
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.
July 22, 2020