Business, Logistics, Top 100

Canadian Carrier Fastfrate Group Acquires Bestway

Fastfrate containers A Canadian Pacific train hauls Fastfrate containers. (Fastfrate)

Less-than-truckload and logistics company Fastfrate Group has acquired cross-border carrier Bestway Cartage Limited and Bestway Global Limited, Fastfrate announced Aug. 10.

Dan Ronan | Associate News Editor
August 10, 2020
Business, Top 100

Old Dominion Adds Nine Service Centers to Network

Old Dominion Freight Line service center A service center in Lafayette, Ind. (Old Dominion Freight Line Inc.)

Old Dominion Freight Line Inc. announced it added nine service centers in new and existing markets during the first half of the year to lift its nationwide service center total to 238.

August 10, 2020
Business, Safety, Logistics, Top 50, Top 100

UPS, FedEx Gear Up to Ship COVID-19 Vaccine When Ready

Vaccine The logistics of storing and shipping vaccines are complicated. (Meyer & Meyer/Getty Images)

UPS and FedEx are among the companies hard at work on strategies to ship a COVID-19 vaccine safely around the world once it is ready.

Dan Ronan | Associate News Editor
August 6, 2020
Business, Top 100

Daseke Reports Q2 Revenue of $351.7 Million

Daseke Boyd Bros. is a Daseke company. (Daseke)

Daseke Inc. reported second-quarter net income climbed out of the red compared with the year-ago period, lifted by changes over the past year to operational and cost improvement plans.

Connor D. Wolf | Staff Reporter
August 6, 2020
Business, Top 100

Trucking Companies Reaffirm Commitment to Diversity

drivers at truck yard kali9/Getty Images

Trucking companies are taking steps to expand and reaffirm their commitment to a diversified workforce, and to promote trucking as an inclusive industry.

Connor D. Wolf | Staff Reporter
August 5, 2020
Business, Fuel, Top 100

Wilks Brothers Swoop In With Competing Offer for Calfrac

A pumpjack operates above an oil well on the outskirts of Williston, North Dakota. A pumpjack operates above an oil well on the outskirts of Williston, North Dakota. (Daniel Acker/Bloomberg News)

Wilks Brothers has made a competing proposal to recapitalize struggling energy company Calfrac Well Services Ltd. and criticized management’s deal as favoring insiders.

Paula Sambo | Bloomberg News
August 4, 2020
Government, Business, Top 100

YRC Posts Q2 Declines

YRC Freight truck YRC Freight

Losses at YRC Worldwide Inc. widened in the second quarter amid the economic fallout of the COVID-19 pandemic, but the company said federal loans it received under coronavirus relief efforts will help position it to emerge healthier from the downturn.

Jerry Hirsch | Contributing Writer
August 4, 2020
Business, Logistics, Top 100

Patriot Transportation Posts Net Profit on Lower Revenue for Fiscal Q3

Florida Rock & Tank Lines truck Florida Rock & Tank Lines is a subsidiary of Patriot Transportation. (IFADAT1 via YouTube)

Patriot Transportation Holding posted an increase in net income on declining revenue for its fiscal third quarter, the company reported July 29.

Connor D. Wolf | Staff Reporter
August 3, 2020
Business, Top 100

A. Duie Pyle Expands Integrated Distribution Center

A. Duie Pyle Westfield, MA A. Duie Pyle's expanded Westfield, Mass., integrated distribution center. (A. Duie Pyle)

A. Duie Pyle Inc. has expanded its Westfield, Mass., integrated distribution center.

August 3, 2020
Business, Logistics, Top 100

Universal Posts Lower Profit, Declining Revenue in Q2

Universal Logistics Holdings truck Universal Logistics Holdings

Universal Logistics Holdings reported July 30 that net income and revenue were down during the second quarter compared with last year.

Connor D. Wolf | Staff Reporter
July 31, 2020

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