Logistics

Amazon .com Inc. justified its big investments to keep operating through the COVID-19 pandemic with sales growth and a record profit that far exceeded analysts’ estimates, showing that staying open when so many businesses were forced to close was a rare opportunity.

XPO Logistics swung to a loss as revenue declined sharply in the second quarter because of the COVID-19 pandemic.

Schneider National saw net income increase while revenue fell during the second quarter, the truckload, intermodal and logistics services company reported July 30.

United Airlines Holdings Inc. warned that it’s considering furloughs for as many as one-third of its nearly 12,000 pilots, citing a resurgence in U.S. coronavirus cases that’s weakened sales.

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.

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 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 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 Enterprises’ net income and revenue increased during the second quarter, the Chattanooga, Tenn.-based carrier reported July 28.

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.