Transport Topics
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Forward Air Corp. posted increased revenue but narrower net income for the first quarter of 2020, the company reported.
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A sense of optimism about the ability to fully implement automatic braking systems prior to a Dec. 31 deadline is shared by the country’s rail operators, according to a new report by the Government Accountability Office.
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Universal Logistics Holdings saw revenue increase but net income decline during a first quarter marked by what its leader described as a “deteriorating operating environment caused largely by the COVID-19 pandemic.”
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U.S. Steel Corp. expects to lay off about 2,700 employees as the virus forces the company to idle most of its blast furnaces.
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