United Airlines: Least worst is best Industry News United Airlines: Least worst is best United Airlines lost $1.6 billion in the second quarter. Given that a pandemic has hammered…Stephanie L. BondJuly 23, 2020
Union Pacific’s second-quarter net profit slips 28% Industry News Union Pacific’s second-quarter net profit slips 28% Coronavirus pandemic and economic uncertainty weigh on UP’s second-quarter earnings.Stephanie L. BondJuly 23, 2020
Hurricane Douglas still on track to hit Hawaii (with forecast video) Industry News Hurricane Douglas still on track to hit Hawaii (with forecast video) Rare hurricane landfall in Hawaii possible this weekend, may disrupt supply chains for a couple…Stephanie L. BondJuly 23, 2020
CSX views 2H with guarded optimism Industry News CSX views 2H with guarded optimism Volumes have been recovering swiftly, but headwinds make it difficult to predict when pre-coronavirus levels…Stephanie L. BondJuly 23, 2020
American Airlines suffers $2.7B Q2 loss from COVID-19 Industry News American Airlines suffers $2.7B Q2 loss from COVID-19 American Airlines lands $2.7 billion pretax loss in second quarter.Stephanie L. BondJuly 23, 2020
The Daily Dash: Knight-Swift Q2 earnings; TuSimple revenues; and settling a New Prime driver misclassification suit Industry News The Daily Dash: Knight-Swift Q2 earnings; TuSimple revenues; and settling a New Prime driver misclassification suit In today’s edition of The Daily Dash, autonomous-truck startup TuSimple may not be meeting revenue…Stephanie L. BondJuly 23, 2020
In-state Amazon Flex driver prevails in court, can avoid arbitration Industry News In-state Amazon Flex driver prevails in court, can avoid arbitration Although the driver only worked in Massachusetts, he’s an interstate commerce worker. That changes the…Stephanie L. BondJuly 23, 2020
Mullen Group profit plunges 27%, but CEO sees turnaround Industry News Mullen Group profit plunges 27%, but CEO sees turnaround Canadian trucking and logistics firm Mullen Group reports a large drop in profits in its…Stephanie L. BondJuly 22, 2020
Tesla to build newest Gigafactory in Texas Industry News Tesla to build newest Gigafactory in Texas Tesla will build its newest Gigafactory near Austin, Texas, chief executive Elon Musk announced during…Stephanie L. BondJuly 22, 2020
Echo beats on both revenue and earnings Industry News Echo beats on both revenue and earnings In second-quarter 2020 financial and operational results released after trading ended on Wednesday afternoon, Chicago-based…Stephanie L. BondJuly 22, 2020