Transport Topics
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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.
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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.
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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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After almost 100 years of doing business, Joliet,Ill.-based Central Grocers filed for Chapter 11 bankruptcy May 4 and will lay off about 550 employees at the company's Joliet warehouse.
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