Transport Topics
Uber Adds Trucking Brokerage Firm Amid Longhaul Push
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SAN FRANCISCO - Uber Technologies Inc. hired the team behind a Chicago transportation brokerage last fall as part of an effort to break into the longhaul trucking industry.
FedEx Targeted in Cyber-Attack as Hackers Hit Companies Across Globe
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FedEx said May 12 it was taking steps to recover from a cyber-attack on some of its Windows-based information technology systems.
Workhorse Group's Revenue Soars, Along With Cost of Sales
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Electric vehicle manufacturer Workhorse Group Inc. reported higher first-quarter revenue, yet remained unprofitable as cost of sales soared and operating expenses climbed by more than $1 million, compared with a year earlier, it said.
YRC Worldwide Sheds 180 Management and Other Nonunion Jobs as Quarterly Loss Doubles
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Overland Park, Kan.-based YRC Worldwide Inc. said that its financial loss doubled in the first quarter and that it cut 180 management and other nonunion jobs in a streamlining effort to make the trucking business more efficient.
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