Author: Jerry Hirsch

LONG BEACH, Calif. — After targeting warehouses and distribution centers with its electric yard truck, Orange EV has its eyes on the nation’s ports.

Private fleets once had a clear advantage in the endless competition to hire trained truck drivers and provide them with the equipment needed to move America’s goods. But the disruptions caused by the COVID-19 pandemic have upended that advantage.

Refrigerated warehouse operator Americold Realty Trust saw revenue rise in the second quarter but swung to a loss for the period because of disruptions in the global food supply chain.

ArcBest Corp. capitalized on tight capacity in the freight market to post large second-quarter gains in profit and revenue.

Hub Group Inc. reported strong growth in second-quarter profits and revenue as it benefited from the robust rebound in the U.S. freight market.

Saia Inc. reported large second-quarter increases in profit and revenue, helped by improved operating efficiency and the economic rebound from the COVID-19 recession.

Saia Inc. reported large second-quarter increases in profit and revenue, helped by improved operating efficiency and the economic rebound from the COVID-19 recession.

Lifted by the highest revenue of any quarter in its history, XPO Logistics Inc. swung its second-quarter bottom line to a profit from a loss in the year-ago period.

Echo Global Logistics reported large gains in both income and profit for the second quarter as it experienced record performance in both its managed transportation and brokerage businesses.

TFI International reported large gains in second-quarter net income and revenue, helped by its acquisition of the UPS Freight operation.