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Business, Logistics

Walmart Is Eliminating Hundreds of Corporate Jobs

A nearly empty parking lot stands outside the Walmart World Headquarters in Bentonville, Ark., on May 28. A nearly empty parking lot stands outside the Walmart World Headquarters in Bentonville, Ark., on May 28. (Terra Fondriest/Bloomberg News)

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.

Matthew Boyle | Bloomberg News
July 30, 2020
Business, Logistics, Top 50, Top 100

Ryder Steps in as Amazon Restricts Third-Party Sellers

Ryder fulfillment center worker A Ryder worker inspects inventory at its e-commerce fulfillment facility near Los Angeles. (Business Wire)

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.

Connor D. Wolf | Staff Reporter
July 30, 2020
Business, Logistics, Top 100

Werner Reports Q2 Revenue of $569 Million

Werner Enterprises truck Werner Enterprises Inc.

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.

Connor D. Wolf | Staff Reporter
July 30, 2020
Business, Logistics, Top 50, Top 100

U.S. Xpress Reports Profit, Revenue Gains for Q2

U.S. Xpress truck U.S. Xpress Enterprises

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

Connor D. Wolf | Staff Reporter
July 29, 2020
Government, Business, Logistics, TCA

USPS Grapples With Financial Crisis as Mail Delays Continue

USPS trucks sit parked behind a post office in New Jersey on in January. USPS trucks sit parked behind a post office in New Jersey on in January. For many in the U.S. this year, USPS delivery delays have grown increasingly severe. (Reena Rose Sibayan/The Jersey Journal)

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.

Kate Snyder | The Blade (Toledo, Ohio)
July 29, 2020
Business, Logistics, Top 50

C.H. Robinson Profit, Revenue Fall in Q2 Over COVID-19 Impact

C.H. Robinson sign C.H. Robinson Worldwide

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.

Jerry Hirsch | Contributing Writer
July 28, 2020
Business, Logistics, Top 100

Forward Air Invests $40 Million in Columbus Hub Expansion

Forward Air truck John Sommers II for Transport Topics

Forward Air Corp. is expanding the capacity of its national hub in Columbus, Ohio, by approximately 30%, the company announced July 27.

July 27, 2020
Business, Logistics

Union Pacific Posts Profit, Revenue Declines in Q2

Union Pacific train Union Pacific ended the quarter with 22% fewer employees, shedding 8,598 positions for a headcount of about 30,100. (Oregon Department of Transportation)

Class I railroad Union Pacific saw second-quarter income and revenue fall amid the coronavirus pandemic.

Dan Ronan | Associate News Editor
July 27, 2020
Government, Business, Safety, Logistics

World’s Supply Chain May Not Be Ready for COVID-19 Vaccine

Airport staff unload cargo after it arrives at Juba International Airport in South Sudan on March 24. Airport staff unload cargo after it arrives at Juba International Airport in South Sudan on March 24. (Alex Mcbride/AFP/Getty Images)

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.

July 27, 2020
Government, Business, Logistics

New-Home Sales in June Surge to Highest in Almost 13 Years

A "Sold" sign is displayed outside a home under construction in Illinois. A "Sold" sign is displayed outside a home under construction in Illinois. (Daniel Acker/Bloomberg News)

New-home sales in the U.S. increased to an almost 13-year high in June, fueled by record-low borrowing costs and adding to evidence that residential real estate is a bright spot for the economy.

July 24, 2020

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