Top U.S. milk processor Dean Foods Co. filed for Chapter 11 bankruptcy and is in advanced talks with Dairy Farmers of America Inc. about a potential sale.
November 13, 2019Search
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Holiday Season Returns Will Set Record, UPS Predicts
This holiday season is projected to be so busy, UPS even expects to set a record for returned merchandise.
November 7, 2019Roadrunner Sells Intermodal Business to Universal Logistics for $51 Million
Roadrunner Transportation Systems has sold its intermodal business to Universal Logistics Holdings for $51.25 million in cash, the transportation and asset-light logistics company announced Nov. 5.
November 5, 2019TFI Reports Revenue Up 1% in Q3
TFI International Inc. reported higher revenue in the third quarter of 2019, while profits ticked downward.
November 5, 2019YRC Reports $16 Million Loss in Q3
YRC Worldwide reported a net loss of $16 million or negative 48 cents per share, compared with a $2.9 million profit, or 2.9 cents per share in the same period a year ago.
November 4, 2019Washington Supreme Court Finds State Not at Fault for Skagit River Bridge Collapse
The Supreme Court of Washington has determined the Washington Department of Transportation cannot be held at fault for an interstate bridge collapse that occurred in 2013.
November 1, 2019Forward Air Reports Profit Dip, Robust Revenue
Forward Air Corp. reported strong third-quarter earnings, including skyrocketing revenue, when the Greeneville, Tenn., company announced financial results Oct. 24.
October 30, 2019Saia Reports 37th Consecutive Quarter of Growth
Saia Inc. reported mixed third-quarter financial results Oct. 30, missing Wall Street’s expectations for earnings but surpassing analysts’ forecasts for revenue.
October 30, 2019Swift Logistics to Close Pennsylvania Warehouse
Swift Logistics will close its warehouse in Springettsbury Township, Pa., on Dec. 31, and 56 employees will be laid off.
October 30, 2019Canadian Carrier Mullen Sees Q3 Earnings Decline as Oil Shipments Fall
Canadian carrier Mullen Group Ltd. posted a 6.4% decline in net income in the third quarter, to C$20.5 million or 20 cents per share, according to a company news release Oct. 24.
October 30, 2019