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Last Trade
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Last Trade:
$98.50
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Change:
-2.45 (-2.43%)
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Trade Time:
04:10 PM EST
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Market Cap:
$7.71B
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Description of Business
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We are a diversified international transportation services company that operates
automotive and commercial truck dealerships principally in the United States,
Canada, and Western Europe and distributes commercial vehicles, diesel engines,
gas engines, power systems, and related parts and services principally in
Australia and New Zealand. We employ over 23,000 people worldwide.
Impact of the COVID-19 Pandemic on our Business
The outbreak of the COVID-19 pandemic across the globe adversely impacted each
of our markets and the global economy leading to disruptions to our business
during 2020. Governmental authorities have taken countermeasures to slow the
outbreak, including shelter-in-place orders, restrictions on travel, and
government-funded assistance programs to individuals and businesses. The
shelter-in-place orders and resulting business closures severely and negatively
impacted our results, in particular in the second quarter of 2020.
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