UPS Inc. reported strong results in the second quarter, as a surge in deliveries to homes and businesses has helped lift the company through the COVID-19 pandemic.
July 30, 2020No rankings are available for this year.
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UPS Reports Strong Q2 Earnings as Deliveries Surge
Walmart Is Eliminating Hundreds of Corporate Jobs
Walmart Inc. has eliminated hundreds of corporate positions, according to people familiar with the matter, as retailers around the country slim down at the back-office level.
Ryder Steps in as Amazon Restricts Third-Party Sellers
Ryder System Inc. is positioning itself to fill a major void left by Amazon.com Inc. after the online retail giant announced it will restrict warehouse space for third-party sellers.
Werner Reports Q2 Revenue of $569 Million
Werner Enterprises reported declines in second-quarter revenue and net income during what the company’s leader said was one of the toughest business environments it has ever confronted.
U.S. Xpress Reports Profit, Revenue Gains for Q2
U.S. Xpress Enterprises’ net income and revenue increased during the second quarter, the Chattanooga, Tenn.-based carrier reported July 28.
USPS Grapples With Financial Crisis as Mail Delays Continue
Earlier this month, local letter carriers were told to delay delivering mail in order to save money for the United States Postal Service, a direction that apparently came from top federal officials to mail carriers throughout the country.
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.
Forward Air Invests $40 Million in Columbus Hub Expansion
Forward Air Corp. is expanding the capacity of its national hub in Columbus, Ohio, by approximately 30%, the company announced July 27.
July 27, 2020Union Pacific Posts Profit, Revenue Declines in Q2
Class I railroad Union Pacific saw second-quarter income and revenue fall amid the coronavirus pandemic.
World’s Supply Chain May Not Be Ready for COVID-19 Vaccine
The industries that shepherd goods around the world on ships and planes acknowledge they aren’t ready to handle the challenges of shipping an eventual COVID-19 vaccine from drugmakers to billions of people.