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UPS Orders Electric Aircraft to Transport Cargo Between Facilities

UPS Inc. is ordering 10 electric aircraft that are designed to take off and land like a helicopter, allowing it to fly cargo directly between its facilities in small markets and bypass airports.

April 7, 2021

Roadrunner Takes Major Steps in Transformation Plans

Roadrunner Freight took another step in its ongoing transformation with a March 25 announcement of a $50 million equity private placement and additions to its leadership team.

March 30, 2021

UPS Ships Out First Batch of Johnson & Johnson Vaccine

UPS Inc. began shipping out its first batch of Johnson & Johnson vaccines March 2, now that the single-dose vaccine for the coronavirus has emergency use authorization.

March 2, 2021

UPS Expects 40% Jump in Vaccine Doses Next Week, Peak in May

UPS Inc. and FedEx Corp. are ramping up vaccine distribution, with plans for additional gains if Johnson & Johnson’s inoculation is cleared by U.S. regulators.

February 25, 2021

Technology Brings Visibility to Supply Chains, Experts Say

The increased visibility that technology brings to supply chains is helping to improve efficiency in very specific ways, according to experts at a recent virtual event.

February 17, 2021

Forward Air Revenue Increased While Income Declined for Q4

Forward Air Corp. reported record fourth-quarter revenue but a decline in net income.

February 12, 2021

Ryder Reports Q4 Improved Earnings

Ryder System Inc. on Feb. 11 reported fourth-quarter net income of $25.6 million, or 48 cents per share, compared with a loss of $53.5 million, or loss of $1.02, in the same period a year ago.

February 11, 2021

XPO Reports Highest Quarterly Revenue Ever at $4.67 Billion

XPO Logistics Inc. posted better-than-expected earnings and its highest-ever quarterly revenue for the fourth quarter of 2020.

February 11, 2021

Werner Reports Net Income Increased 25% to $60.6M for Q4

Werner Enterprises Inc. saw fourth-quarter earnings increase from the year-ago period while revenue declined slightly, the company reported Feb. 4.

February 4, 2021