Transport Topics
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Greg Ervin, founder and CEO of Ervin Equipment Inc., died July 18 from injuries suffered in a motorcycle accident near Sweetwater, Tenn. He was 58.
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Universal Logistics Holdings Inc. reported net income of $20 million for its quarter ending June 29, a 12.9% increase over the same quarter last year.
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Werner Enterprises Inc. on July 25 reported net income of $43.3 million, or 62 cents a share, for the quarter ending June 30. The results marked a 13.4% increase from $38.2 million, or 53 cents a share, from the second quarter in 2018.
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China rebuffed FedEx Corp.’s claims that it mistakenly rerouted some Huawei Technologies Co. packages to the U.S. and warned that authorities found other violations by the American delivery firm, raising concern the company could face repercussions from Beijing.
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