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Baker Hughes Co. is bracing for a second wave of pandemic-induced lockdowns after the virus crippled economic activity around the world and compounded a historic oil bust.

Halliburton Co. impressed investors by slashing costs more than expected as the fracking behemoth works its way through an historic shale bust. The shares surged more than 8%.

J.B. Hunt Transport Services reported that second-quarter profits and revenue declined versus year-ago levels.

President Donald Trump’s push to advance infrastructure projects through environmental permitting changes earned broad support across the freight industry.

Forward Air Corp. will now offer less-than-truckload services in Savannah, Ga., the company announced July 13.

Walmart Inc. will introduce a subscription service this month to compete with Amazon.com Inc.’s Prime program, according to a person familiar with the plans.

Less-than-truckload carrier YRC Worldwide Inc. has reached an agreement with its lenders that will extend until 2024 the terms of $580 million in loans it is using to help improve its business operations.

FedEx said its fourth-quarter net income was a loss of $334 million, or negative $1.28 a share, compared with a loss of $1.97 billion, or negative $7.56 a share, in the 2019 period.

Self-driving truck developer TuSimple has partnered with four major transportation companies to launch a logistics network for its highly automated trucks, marking a new phase in its push to bring its technology to market in the coming years.