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, 2020Top 100
Baker Hughes Bracing for Second Wave of COVID-19 Lockdowns
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, 2020J.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, 2020ATA 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, 2020Forward 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, 2020Interactive 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, 2020Walmart 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, 2020YRC 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, 2020FedEx 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, 2020TuSimple 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.
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