UPS Inc. says it has been preparing for what it expects to be a record-breaking holiday shipping season by building additional automated facilities and adding jets to its fleet to handle more packages as online shopping continues to grow.
October 23, 2019Top 100
UPS Predicts Record Holiday Season
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, 2019Layoffs Hit Stevens Tanker, Amazon Contractors
Closures and layoffs continue to vex the trucking industry in 2019, but three recent downsizings were attributed by the companies involved more to the vicissitudes of the energy, retail and final-mile industries than to a slowdown in the overall freight market.
October 22, 2019UPS, AmerisourceBergen Plan Drone Drug and Device Delivery
UPS Inc. and AmerisourceBergen, the Chesterbrook, Pa.-based drug distributor, are working together to use UPS’ new Flight Forward “drone airline†to ship drugs and supplies to hospitals through small, unmanned aircraft across the U.S.
October 22, 2019UPS Net Income Up 15.9%, Revenue Rises 5%
UPS Inc. reported $1.75 billion in net income in the third quarter of 2019, up 15.9% from the same period a year ago, in an earnings statement released Oct. 22.
October 22, 2019Dependable Supply Chain Services Adds Two Orange EV Tractors to Increase Sustainability
ONTARIO, Calif. — Dependable Supply Chain Services has deployed two electric terminal trucks from Orange EV at its facility here.
October 18, 2019Former GE Executive Aris Kekedjian Appointed to XPO Logistics Board
Transportation and logistics giant XPO Logistics has announced the appointment of Aris Kekedjian, a longtime GE executive, to its board of directors.
October 18, 2019J.B. Hunt’s Net Income Rises but Misses Earnings Expectations
J.B. Hunt Transport Services Inc. saw net income rise for the period ended Sept. 30, but the Lowell, Ark.-based carrier missed Wall Street earnings expectations.
October 17, 2019FedEx Files $212 Million Building Permit for World Hub in Tennessee
MEMPHIS, Tenn. — FedEx officials confirm the company has filed a building permit for its new package sorting facility and world hub in Tennessee.
October 17, 2019FedEx Freight to Expand °®¶¹´«Ã½, Business Deliveries in US
FedEx Freight is expanding its FedEx Freight Direct e-commerce pilot to more than 80% of the contiguous population of the United States, following expansion of the program to additional markets earlier this year.
October 15, 2019Follow Us
Trending
Newsletter Signup
Subscribe to Transport Topics