Trucking companies are diligently working with the federal government in an effort to defeat the coronavirus.
April 15, 2020Search
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Trump Says Trucking CEOs to Help Advise on Economic Recovery
American Trucking Associations President Chris Spear is among the prominent business executives tapped by President Donald Trump to help revive the economy as the coronavirus pandemic shows signs of easing in some parts of the country.
April 14, 2020FedEx CEO Fred Smith Takes 91% Cut in Salary for Six Months
FedEx Corp. said Chairman and CEO Fred Smith is taking a salary cut, effective April 1, from $115,402 per month to $10,728 per month through Sept. 30.
April 7, 2020Truckers Work to Overcome Difficulties in Food Supply Chain
Truckers hauling food are facing delays across the globe in the latest disruption to supply chains snarled by the coronavirus pandemic.
April 3, 2020For Some Fleets, Adding Drivers Is a Mission
In the freight-hauling sector, certain loads have dwindled to a trickle. Other parts of the trucking industry are booming to meet the demand for necessary consumer goods and medical supplies, and adding drivers however they can.
April 1, 2020Showers of Praise Greet Busy Truckers
As truck drivers crisscross the country hauling goods vital to the fight against the coronavirus, they find themselves at the center of another fast-spreading outbreak: nationwide gratitude. It’s showing up along the roads, on TV, in emails and social media, and even at the White House.
March 26, 2020FedEx’s Fred Smith: It’s Unlikely Company Will Need Federal Help
FedEx Corp. CEO Fred Smith said during a television appearance that he doesn’t expect his company to seek assistance from the federal government to survive the economic downturn being caused by the spread of COVID-19.
March 22, 2020FedEx Reports Mixed Earnings; Leadership Cites Impact of Coronavirus
FedEx announced March 17 that year-over-year quarterly net income for its fiscal third quarter fell 57% to $315 million, compared with $739 million in the same period a year ago. But Q3 revenue rose 3% to $17.5 billion from $17 billion a year ago.
March 17, 2020Celadon Might Sell Texas Facility as Bankruptcy Proceedings Continue
According to bankruptcy court documents, P.A.M. Transportation Services Inc. is seeking to purchase a trucking terminal and property in Laredo, Texas, that is owned by Celadon Group.
February 5, 2020Celadon Reaches Deal to Sell Taylor Express for $14.5 Million
An agreement has been reached to sell the last remaining operating trucking company, Taylor Express, that is part of the now-bankrupt Celadon Group of Indianapolis.
January 24, 2020