The global surge in e-commerce brought on by the coronavirus pandemic combined with online holiday shopping sent net quarterly sales for FedEx Corp. above $20 billion for the first time in its history, and led to an increase in net income as well, the company reported Dec. 17.
December 17, 2020Search
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TT's Seth Clevenger, Michael Freeze and Keiron Greenhalgh break down what ACT Expo revealed about trucking's road to sustainability.Â
Trucks Carry First Doses of COVID-19 Vaccine to Hospitals Across the US
As the first doses of a COVID-19 vaccine begin to ship, trucking experts on the ground level of the distribution effort said the logistical elements are in place for a successful rollout of an estimated 50 million doses of the vaccine between now and the end of January.
December 15, 2020UPS, FedEx Trucks Begin Vaccine Shipments
KALAMAZOO, Mich. — The first shipments of a COVID-19 vaccine for widespread use in the United States headed Dec. 13 from Michigan to distribution centers across the country, with the first shots expected to be given in the coming week to health care workers and at nursing homes.
December 13, 2020YRC Loan Profitable for Treasury, Mnuchin Says
Treasury Secretary Steven Mnuchin told a congressional oversight committee that the federal government has made money on a $700 million loan it extended to YRC Worldwide under a coronavirus relief package for businesses that were deemed essential in fighting the pandemic.
December 10, 2020Transportation Management Technologies Reach Inflection Point
A series of trends and technological advancements is driving change with transportation management systems at an unprecedented pace, according to carriers and TMS providers.
December 10, 2020Mullen Group Adapts 2021 Business Plan to COVID Expectations
Mullen Group is pursuing a business plan for next year that covers several key goals and budgets based on the coronavirus remaining an issue, the company detailed Dec. 9.
December 10, 2020FedEx, UPS Tell Senators of Vaccine Distribution Readiness
Two of the country’s largest freight firms reassured federal lawmakers of their preparedness in helping to deliver COVID-19 vaccines as early as this month.
December 8, 2020UPS Says It Can Handle Vaccine Rollout, Holiday Parcel Rush
UPS Inc. said it has the capacity to handle the rollout of coronavirus vaccines and an unprecedented holiday package rush this month after investments in automation, tracking technology and dry-ice production.
December 8, 2020Penske Announces Fleet Upgrade Leasing Program
Penske Truck Leasing launched a program that lets carriers sell their old trucks so they can lease a new one, the company announced Dec. 7.
December 7, 2020JBS Sends Thousands of Meat Workers 91ÊÓÆµ During COVID Surge
A surge in COVID-19 cases is starting to impact American meat-processing operations in another potential threat to food supply chains that were upended in the early stages of the pandemic.
December 4, 2020