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Business, Fuel, Top 100

Schlumberger Shrinks Staff to Lowest Since Pre-Shale Era

Schlumberger Ltd. posted its weakest sales in 14 years and is cutting one-fifth of its workforce while warning that new waves of COVID-19 could derail the nascent recovery in global energy demand.

David Wethe | Bloomberg News
July 24, 2020
Business, Logistics, Top 50, Top 100

Landstar Reports Lower Net Income in Q2

Landstar System Holdings Inc. on July 22 reported second-quarter net income and revenue were down compared with last year’s levels.

Connor D. Wolf | Staff Reporter
July 23, 2020
Business, Top 100

Knight-Swift Reports Slight Profit Increase in Q2

Knight-Swift Transportation Holdings posted a second-quarter profit increase of 1.2%, but revenue declined.

Connor D. Wolf | Staff Reporter
July 22, 2020
Government, Business, Fuel, Logistics, Top 100

Baker Hughes Bracing for Second Wave of COVID-19 Lockdowns

Baker Hughes Co. is bracing for a second wave of pandemic-induced lockdowns after the virus crippled economic activity around the world and compounded a historic oil bust.

David Wethe | Bloomberg News
July 22, 2020
Business, Fuel, Top 100

Halliburton Rises on ‘Outstanding’ Cuts After Frack Slump

Halliburton Co. impressed investors by slashing costs more than expected as the fracking behemoth works its way through an historic shale bust. The shares surged more than 8%.

David Wethe | Bloomberg News
July 20, 2020
Business, Logistics, Top 100

J.B. Hunt Reports $121.7 Million in Net Earnings

J.B. Hunt Transport Services reported that second-quarter profits and revenue declined versus year-ago levels.

Connor D. Wolf | Staff Reporter
July 17, 2020
Government, Business, Top 100

ATA Lauds Trump’s Environmental Permitting Reforms

President Donald Trump’s push to advance infrastructure projects through environmental permitting changes earned broad support across the freight industry.

Eugene Mulero | Senior Reporter
July 15, 2020
Business, Equipment, Logistics, Top 100

Forward Air Expands LTL Footprint in Georgia

Forward Air Corp. will now offer less-than-truckload services in Savannah, Ga., the company announced July 13.

July 13, 2020
Business, Top 100

Interactive Map: Where the 2020 Top 100 For-Hire Carriers Are in North America

Find out where the carriers are by regions in North America.

July 9, 2020
Business, Technology, Logistics, Top 100

Walmart Jumps With Amazon Prime Challenger Nearing Debut

Walmart Inc. will introduce a subscription service this month to compete with Amazon.com Inc.’s Prime program, according to a person familiar with the plans.

Matthew Boyle | Bloomberg News
July 7, 2020