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YRC Reports $16 Million Loss in Q3

YRC Worldwide reported a net loss of $16 million or negative 48 cents per share, compared with a $2.9 million profit, or 2.9 cents per share in the same period a year ago.

November 4, 2019

Forward Air Reports Profit Dip, Robust Revenue

Forward Air Corp. reported strong third-quarter earnings, including skyrocketing revenue, when the Greeneville, Tenn., company announced financial results Oct. 24.

October 30, 2019

Saia Reports 37th Consecutive Quarter of Growth

Saia Inc. reported mixed third-quarter financial results Oct. 30, missing Wall Street’s expectations for earnings but surpassing analysts’ forecasts for revenue.

October 30, 2019

Swift Logistics to Close Pennsylvania Warehouse

Swift Logistics will close its warehouse in Springettsbury Township, Pa., on Dec. 31, and 56 employees will be laid off.

October 30, 2019

Canadian Carrier Mullen Sees Q3 Earnings Decline as Oil Shipments Fall

Canadian carrier Mullen Group Ltd. posted a 6.4% decline in net income in the third quarter, to C$20.5 million or 20 cents per share, according to a company news release Oct. 24.

October 30, 2019

UPS to Upgrade Health Care-Dedicated Warehouse Network

UPS Inc. will add major upgrades to its health care-dedicated warehouse and distribution network, according to an Oct. 28 news release.

October 28, 2019

FedEx E-Commerce Revamp Jolts Delivery Army by Piling on Costs

FedEx Corp.’s drive to reap the rewards of e-commerce is stirring anxiety among some of the company’s most important partners: the thousands of small businesses that handle its ground deliveries.

October 28, 2019

XPO Logistics Launches Partnership With MIT

GREENWICH, Conn. — XPO Logistics Inc. announced Oct. 24 that it was teaming up with the Massachusetts Institute of Technology to advance innovation in its industry.

October 24, 2019

Covenant Transportation Posts $3.2 Million Net Loss in Q3

Covenant Transportation Group Inc. reported a net loss of $3.2 million in the third quarter of 2019, compared with net income of $11.6 million in the same quarter of 2018.

October 22, 2019