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Canadian Carrier Fastfrate Group Acquires Bestway

Less-than-truckload and logistics company Fastfrate Group has acquired cross-border carrier Bestway Cartage Limited and Bestway Global Limited, Fastfrate announced Aug. 10.

August 10, 2020

Patriot Transportation Posts Net Profit on Lower Revenue for Fiscal Q3

Patriot Transportation Holding posted an increase in net income on declining revenue for its fiscal third quarter, the company reported July 29.

August 3, 2020

Universal Posts Lower Profit, Declining Revenue in Q2

Universal Logistics Holdings reported July 30 that net income and revenue were down during the second quarter compared with last year.

July 31, 2020

Forward Air Posts Decline in Net Income, Revenue for Q2

Forward Air Corp. saw net income and total revenue decrease during the second quarter from prior-year levels, the company reported July 30.

July 31, 2020

Schneider Reports Profit Rises, Revenue Dips

Schneider National saw net income increase while revenue fell during the second quarter, the truckload, intermodal and logistics services company reported July 30.

July 30, 2020

UPS Reports Strong Q2 Earnings as Deliveries Surge

UPS Inc. reported strong results in the second quarter, as a surge in deliveries to homes and businesses has helped lift the company through the COVID-19 pandemic.

July 30, 2020

Ryder Steps in as Amazon Restricts Third-Party Sellers

Ryder System Inc. is positioning itself to fill a major void left by Amazon.com Inc. after the online retail giant announced it will restrict warehouse space for third-party sellers.

July 30, 2020

Werner Reports Q2 Revenue of $569 Million

Werner Enterprises reported declines in second-quarter revenue and net income during what the company’s leader said was one of the toughest business environments it has ever confronted.

July 30, 2020

U.S. Xpress Reports Profit, Revenue Gains for Q2

U.S. Xpress Enterprises’ net income and revenue increased during the second quarter, the Chattanooga, Tenn.-based carrier reported July 28.

July 29, 2020