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Business, Logistics, Top 100

GXO Survey Shows Pandemic Trends Have Accelerated Online Returns

GXO Logistics Chief Investment Officer Mark Manduca detailed Aug. 24 what is driving a rise in online returns and what that may mean for transportation.

Connor D. Wolf | Staff Reporter
August 25, 2021
Government, Business, Technology, Equipment, Safety, Logistics, Autonomous, Top 100

UPS Starts Drone Delivery of COVID Vaccines

UPS Inc. started delivering coronavirus vaccines with the use of drones as part of a new initiative announced Aug. 24.

Connor D. Wolf | Staff Reporter
August 24, 2021
Business, Top 100

Yellow President Darrel Harris Sees Bright Future in Trucking

Yellow President Darrel Harris can still remember his first day in the trucking industry.

Dan Ronan | Senior Reporter
August 23, 2021
Business, Logistics, Top 100

Cowan Systems Implements Driver Incentive Program

Cowan Systems has implemented an incentive program that guarantees every newly hired driver a $15,000 bonus, the company announced Aug. 19.

August 23, 2021
Business, Logistics, Top 100

Walmart’s Slowing E-Commerce, Margin Weigh in Q2

Walmart Inc.’s pandemic-driven gains in e-commerce slowed last quarter and profit margin fell, raising questions about the retailer’s ability to maintain momentum even after it topped Wall Street’s sales expectations.

Matt Townsend | Bloomberg News
August 17, 2021
Business, Technology, Equipment, Top 100

Xos to Supply FedEx Ground With 120 Medium-Duty EVs

Xos Inc., a manufacturer of Classes 5-8 electric commercial vehicles, announced an agreement to deliver 120 zero-emission, medium-duty electric trucks to 35 different FedEx Ground operators in five states.

August 9, 2021
Business, Equipment, Top 100

Class 8 Orders Steady in July

Class 8 orders poked along in July at about 25,000, ACT Research reported as order boards appear full for the remainder of this year.

Roger Gilroy | Senior Reporter
August 5, 2021
Business, Logistics, Top 100

Yellow Narrows Year-Over-Year Loss to $9.4 Million in Q2

Yellow Corp. reported an increase in net revenue and a narrower net loss for the second quarter.

Dan Ronan | Senior Reporter
August 5, 2021
Business, Equipment, Top 100

Daseke Reports Higher Profit, Revenue for Q2

Daseke Inc. saw earnings and revenue increase during the second quarter, the company reported Aug. 3.

Connor D. Wolf | Staff Reporter
August 3, 2021
Business, Logistics, Top 100

ArcBest Posts Record Revenue, Profits

ArcBest Corp. capitalized on tight capacity in the freight market to post large second-quarter gains in profit and revenue.

Jerry Hirsch | Contributing Writer
August 2, 2021