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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
Business, Top 100

Driver Shortage Has Trucking Companies Looking Abroad

A shortage of truckers across the U.S. has become so severe that companies are trying to bring in drivers from abroad like seemingly never before.

Ari Hawkins | Bloomberg News
August 2, 2021
Business, Logistics, Top 50, Top 100

XPO Logistics Spinoff GXO Officially Goes Public

XPO Logistics Inc.'s completion of its spinoff of GXO Logistics Inc. as a publicly traded pure-play contract logistics provider culminated with GXO officials ringing the New York Stock Exchange opening bell Aug. 2.

Connor D. Wolf and Dan Ronan | Staff Reporters
August 2, 2021
Business, Top 100

Forward Air Reports Q2 Set Highest Quarterly Revenue Mark

Forward Air Corp. reported July 29 its second quarter set records for revenue and operating income.

Connor D. Wolf | Staff Reporter
July 30, 2021
Business, Logistics, Top 100

Hub Group Posts Q2 Profit, Revenue Gains

Hub Group Inc. reported strong growth in second-quarter profits and revenue as it benefited from the robust rebound in the U.S. freight market.

Jerry Hirsch | Contributing Writer
July 30, 2021