Present conditions signal the bottom of the pandemic’s vertiginous drawdown of the freight market, trucking industry observers said. But other economic conditions, in place earlier in 2019 and 2020, remain as a potential drag.
May 27, 2020Search
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Last-Mile Delivery Fleets Navigate Challenges of COVID-19 Pandemic
Last-mile fleets such as FedEx, Amazon, XPO and UPS have been dealing with a spike in demand while also implementing safety protocols to protect employees and customers.
May 26, 2020California Becomes Epicenter of Emerging Truck Technology
With its emissions mandates, tough labor laws, inspection requirements and extensive regulations, California has become both a difficult and expensive environment for trucking.
May 22, 2020Ryder Expands E-Commerce Fulfillment Network
Ryder System Inc. added food-grade capabilities and additional locations to its e-commerce fulfillment network, the company announced May 20.
May 21, 2020Call Center Staffs Work From 91ÊÓÆµ Due to Coronavirus
Call centers industrywide have made a swift shift to working from home in response to the coronavirus.
May 21, 2020Walmart Sales Soar on Consumer Stockpiling, Online Shift
Walmart Inc. jumped May 19 after reporting coronavirus-related stockpiling led to a surge in quarterly sales, underscoring the company’s strong position amid widespread carnage in the U.S. retail sector.
May 19, 2020FedEx, Microsoft Join Forces for Package Shipping
FedEx Corp. and Microsoft Corp. are teaming up to provide commercial shipping customers with early warnings of delays from weather, traffic and other mishaps, giving the courier and the software maker another weapon as each competes with Amazon .com Inc.
May 18, 2020UPS Adds Indiana Airport to Cargo Network
The Gary/Chicago International Airport Authority on May 13 approved a long-term lease and easement access agreement with UPS Inc. that will allow the company to begin express air shipment operations later this year.
May 14, 2020XPO’s Brad Jacobs Says Company Open to Future Acquisitions
With at least $2 billion in cash, and $500 million in credit available, XPO Logistics Chairman and CEO Brad Jacobs says he would consider an acquisition if the company was a good fit.
May 12, 2020YRC Worldwide Posts Q1 Profit on Reduced Revenue
YRC Worldwide Inc. swung to a profit in the first quarter, but revenue dipped and the less-than-truckload carrier warned that after gaining a waiver this year, it might not be able to stay in compliance with one of its loan covenants a year from now.
May 12, 2020