logistics News Updates

Business, Logistics

Ward Trucking, DHE Form Coast-to-Coast LTL Partnership

Ward Transport & Logistics and Dependable Highway Express announced a less-than-truckload network between Western states and the Mid-Atlantic, beginning Aug. 1.

May 19, 2014
Business, Logistics

Radiant Logistics’ 3Q Income Rises

Third-party logistics company Radiant Logistics’ fiscal third-quarter net income rose from a year ago.

May 15, 2014
Business, Logistics

Rose Resigns as Expeditors’ Chairman

Expeditors International of Washington said former CEO Peter Rose, has resigned as the chairman and from the company’s board.

May 13, 2014
Business, Logistics

XPO Pursues Acquisitions

XPO Logistics continues to pursue acquisitions in its core brokerage and expedited freight businesses, and may branch out to contract logistics, as well, CEO Bradley Jacobs told Transport Topics.

May 12, 2014
Business, Logistics

XPO Loss Widens; Revenue Jumps

XPO Logistics Inc. reported a first-quarter loss that nearly doubled from the same period last year, as revenue rose at the company.

May 2, 2014
Business, Logistics

Echo Global Logistics’ 1Q Net Income Falls 18%; Revenue Improves

Echo Global Logistics’ first-quarter net income fell 18% to $2.4 million, or 10 cents per share, from $3 million, or 13 cents per share.

April 25, 2014
Business, Logistics

Ceva Logistics Opens Foreign Trade Zone in Miami

Ceva Logistics said it has opened a Foreign Trade Zone warehouse in Miami, approved by the U.S. Customs and Border Protection.

April 9, 2014
Business, Logistics

XPO Completes Pacer Acquisition

XPO Logistics Inc. said it completed the acquisition of Pacer International Inc., an intermodal and logistics management company, for $335 million in cash and stock.

April 1, 2014
Business, Logistics

Descartes System Acquires Computer Management

Descartes Systems Group said it has acquired Computer Management USA, which provides security information filing services, for $6.6 million to broaden the buyer’s offerings.

April 1, 2014
Business, Logistics

Coyote Logistics, Access America to Merge

Third-party logistics providers Coyote Logistics and Access America Transport announced a merger to create one of the nation’s largest freight brokers with annual gross revenue exceeding $2 billion as consolidation continues in that industry.

March 19, 2014