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Landstar System Holdings Inc. on July 22 reported second-quarter net income and revenue were down compared with last year’s levels.

Rush Enterprises reported declines in second-quarter net income and revenue as all segments of its business were hurt by the COVID-19 pandemic.

The Daimler Group reported a net loss and lower revenue in the second quarter as demand for its trucks, vans, buses and cars fell amid the global novel coronavirus pandemic.

Nikola Corp. broke ground July 23 on a new electric-truck factory in Coolidge, Ariz., that it hopes to open next year, but first the startup needs to figure out a way to pay for the 1 million square-foot facility and other expenses with little cash on hand.

The Women In Trucking Association’s annual conference will be virtual this year, a decision made in light of the recent surges of COVID-19 cases.

Echo Global Logistics saw a large drop in profit but a smaller decline in revenue during the second quarter.

Tesla Inc. managed to stay profitable even in the midst of a global pandemic, but something is still nagging at Elon Musk: the electric-car maker isn’t growing fast enough.

A payroll tax holiday sought by President Donald Trump won’t be in the next stimulus package, but may be in follow-up virus relief legislation, Treasury Secretary Steven Mnuchin said.

The number of laid-off Americans seeking unemployment benefits rose last week for the first time since the pandemic struck in March, evidence of the deepening economic pain the outbreak is causing to the economy.

The COVID-19 pandemic hit Kansas City Southern’s second-quarter profits as net income slipped to $110.3 million or $1.16 per share, compared with $129.1 million or $1.29 per share in second-quarter 2019, the Class I railroad reported July 17.