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Government, Business, Fuel, Logistics, Top 100

Baker Hughes Bracing for Second Wave of COVID-19 Lockdowns

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.

July 22, 2020
Business, Fuel, Top 100

Halliburton Rises on ‘Outstanding’ Cuts After Frack Slump

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%.

July 20, 2020
Business, Logistics, Top 100

J.B. Hunt Reports $121.7 Million in Net Earnings

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

July 17, 2020
Government, Business, Top 100

ATA Lauds Trump’s Environmental Permitting Reforms

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

July 15, 2020
Business, Equipment, Logistics, Top 100

Forward Air Expands LTL Footprint in Georgia

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

July 13, 2020
Business, Top 100

Interactive Map: Where the 2020 Top 100 For-Hire Carriers Are in North America

Find out where the carriers are by regions in North America.

July 9, 2020
Business, Technology, Logistics, Top 100

Walmart Jumps With Amazon Prime Challenger Nearing Debut

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.

July 7, 2020
Government, Business, Top 100

YRC Secures Funding Agreements With Lenders, Government

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.

July 2, 2020
Business, Logistics, Top 50, Top 100

FedEx Posts Loss in Q4, Shows Improvement From Year Ago

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.

July 1, 2020
Business, Technology, Autonomous, Breaking News, Top 100

TuSimple Partners With Major Fleets to Launch Autonomous Freight Network

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.

July 1, 2020