Author: Jerry Hirsch

Mitsubishi-Fuso to End US, Canadian Sales

Mitsubishi Fuso Truck and Bus Corp. is exiting the U.S. and Canadian markets as part of a strategic shift to focus on other regions, but will maintain service support for vehicles now on the road, the company announced.

YRC Worldwide Posts Q1 Profit on Reduced Revenue

YRC Worldwide Inc. swung to a profit in the first quarter, but revenue dipped and the less-than-truckload carrier warned that after gaining a waiver this year, it might not be able to stay in compliance with one of its loan covenants a year from now.

Americold Sees Surge in Q1 Profits, Revenue

Refrigerated warehouse operator Americold Realty Trust saw revenue and profits jump in the first quarter as its storage and distribution network played a key role in supplying a surge in grocery demand in response to the coronavirus pandemic.