XPO Reports Net Loss in Q2; Revenue Slides
XPO Logistics swung to a loss as revenue declined sharply in the second quarter because of the COVID-19 pandemic.
Old Dominion Profit, Revenue Fall in Q2
Old Dominion Freight Line Inc.’s profit and revenue fell in the second quarter as freight demand dropped because of the COVID-19 pandemic recession.
Saia Posts Decrease in Q2 Profit, Revenue
Profit and revenue declined during the second quarter at Saia Inc. as the company dealt with the economic effects of the COVID-19 pandemic.
C.H. Robinson Profit, Revenue Fall in Q2 Over COVID-19 Impact
C.H. Robinson Worldwide experienced a drop in second-quarter profit and a smaller dip in revenue as it dealt with the economic effects of the COVID-19 pandemic.
TFI Profit, Revenue Fall Due to Impact of COVID-19
TFI International Inc. posted declines in profit and revenue for the second quarter but said business is starting to rebound.
Mullen Reports Decline in Q2 Net Income
Mullen Group Ltd. posted a second-quarter profit, albeit at a lower level than a year earlier, as it benefited from e-commerce shipments even as the motor carrier’s sales to the energy industry declined.
Echo Global Reports $514 Million in Q2 Revenue
Echo Global Logistics saw a large drop in profit but a smaller decline in revenue during the second quarter.
Paccar Posts Q2 Declines in Profit, Revenue
Paccar Inc. experienced deep declines in net income and revenue during the second quarter, a result of the economic recession caused by the COVID-19 pandemic.
Class 8 Trucks to Be Part of Aurora’s Autonomous Testing in Texas
Autonomous vehicle technology developer Aurora plans to launch testing of self-driving Peterbilt Class 8 trucks and smaller vehicles that can be used for package delivery in the Dallas-Fort Worth area this year.
Waymo Targets Southwest Freight Corridor for Autonomous Truck Tests
As it moves forward with autonomous truck development, Waymo plans to focus its 2020 testing efforts on the southwest shipping corridor that includes Texas, New Mexico, Arizona and California.