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, 2021Class 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.
August 5, 2021Yellow 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.
August 5, 2021Daseke Reports Higher Profit, Revenue for Q2
Daseke Inc. saw earnings and revenue increase during the second quarter, the company reported Aug. 3.
August 3, 2021ArcBest Posts Record Revenue, Profits
ArcBest Corp. capitalized on tight capacity in the freight market to post large second-quarter gains in profit and revenue.
August 2, 2021Driver 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.
August 2, 2021XPO 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.
August 2, 2021Forward Air Reports Q2 Set Highest Quarterly Revenue Mark
Forward Air Corp. reported July 29 its second quarter set records for revenue and operating income.
July 30, 2021Hub 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.
July 30, 2021Werner Reports Q2 Record for Net Income
Werner Enterprises posted record results for net income, operating income and diluted earnings per share during the second quarter, the company announced.
July 30, 2021