Concerns about an economic downturn and sluggish domestic consumption have not deterred major logistics companies from estimating good performance last year. The poor performance of the express ...

JCPenney is cutting 300 jobs and shutting down a key logistics hub in Haslet, TX, in a new round of cost-cutting measures aimed at stabilizing its struggling business. The company says the move is ...

United Parcel Service (UPS) began the year with nearly half a million employees but has since cut about 48,000 jobs in a ...

Freight and logistics provider Covenant Logistics (NASDAQ:CVLG) announced better-than-expected revenue in Q2 CY2025, with sales up 5.3% year on year to $302.9 million. Its non-GAAP profit of $0.45 per ...