Old Dominion Freight Line Inc.’s first-quarter profit and revenue held steady as the motor carrier didn’t start to see business erode from the coronavirus pandemic until the start of April.
April 23, 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
Heartland Express Reports Q1 Net Income of $13.2 Million
Heartland Express Inc. reported a 23.6% drop in first-quarter net income to $13.2 million, or 16 cents per share, from $17.3 million, or 21 cents, in the same period a year ago.
April 23, 2020Knight-Swift Reports Decline in Q1 Net Income, Revenue
Knight-Swift Transportation Holdings reported a decline in net income for the first quarter of 2020 due partially to the effects of tax and foreign currency fluctuations, and also reported a decline in revenue for the period.
April 23, 2020TFI Posts Solid Q1 Results; Workforce Measures Taken
TFI International Inc. posted a strong first quarter, logging record operating income for the period and solid profit growth.
April 23, 2020Covenant Relocates Texarkana Terminal Operations
Covenant Transportation Group is planning to close its Texarkana, Ark., terminal and relocate operations to other facilities, the company announced April 20.
April 21, 2020JBS to Shut Down Minnesota Pork Plant After COVID-19 Outbreak
JBS SA, the world’s top meat company, will shutter its pork processing facility in Minnesota following an outbreak of the coronavirus, adding to concerns that slaughterhouse logjams will tighten meat supplies for consumers.
April 20, 2020Stocks Sink Under Weight of Another Collapse in Oil Prices
Stocks have fallen in early trading on Wall Street April 20, as energy stocks get hammered by the latest collapse in the price of oil.
April 20, 2020UPS Shipping First Ventilators From GM Facility to Hospitals
UPS is shipping ventilators made in a General Motors facility to hospitals in the Chicago area.
April 17, 2020J.B. Hunt Reports Mixed Results for Q1
Truckload carrier J.B. Hunt Transport Services Inc. reported lower first-quarter net income on increased operating revenue on April 14.
April 16, 2020Food Makers See Issues Now that Panic Buying Has Waned
Some of America’s largest food companies are finally feeling the pinch with restaurants across the U.S. remaining closed for weeks as a result of the coronavirus pandemic.
April 16, 2020