BlueGrace Logistics has announced that it will add jobs and approximately double its footprint in the Chicago Board of Trade.
October 26, 2018BusinessTechnologyLogisticsTop 50
African Logistics Company Lori Announces Expansion
Lori Systems, a logistics startup based in Kenya, Africa, recently announced expansion into Uganda, Rwanda and South Sudan.
October 26, 2018BusinessLogisticsTop 50Top 100
Universal Logistics Reports Best-Ever 3Q Results
Universal Logistics Holdings reported its best third quarter ever, following a trend of record-setting financial reports by freight carriers this year.
October 25, 2018BusinessLogisticsTop 100
USA Truck Continues Turnaround With Improved Results in 3Q
USA Truck reported higher revenues and profits in the third quarter of 2018, continuing a financial turnaround started in 2017.
October 25, 2018BusinessLogistics
LTL Carrier Old Dominion 3Q Financials Beat Analysts’ Expectations
Citing the strong U.S. economy and available capacity, Old Dominion Freight Line Inc. produced record results for revenue and profitability during the third quarter, CEO Greg Gantt said Oct. 25.
October 25, 2018BusinessLogistics
Truck Tonnage Dips, but Freight Outlook Remains Strong
A year-long surge in freight volume continues despite a modest dip in a widely followed truck tonnage index over the past two months.
October 25, 2018GovernmentBusinessTechnologyFuelLogisticsTop 50Top 100
UPS, Seattle to Launch eBike Downtown Delivery Program
UPS Inc. and Seattle Mayor Jenny Durkan announced Oct. 25 the parcel delivery company will begin a pilot project aimed at reducing congestion downtown and addressing air quality concerns. Delivery drivers will use electric pedal-assist cargo bicycles with a customized modular trailer attached to the back of the bike.
October 25, 2018BusinessTechnologyLogistics
Cargo Visibility Can Improve Your Operations
For decades, the focus of the transportation logistics industry has been the tractor. Recent innovations have enabled telematic solutions to collect data on trailers and containers in near real-time to improve operations. With this information it is possible to focus not just on the tractor or truck, but the potentially million dollars-worth of cargo that is being transported.
October 25, 2018BusinessLogisticsTop 100
Knight-Swift Says 3Q Results Reflect ‘Progress’ in All Segments
Knight-Swift Transportation Holdings beat analysts’ profit projections in the third quarter as cost-cutting measures implemented after the acquisition of Swift Transportation in September 2017 compensated for slower-than-expected growth in revenue.
October 24, 2018BusinessLogisticsTop 50Top 100
UPS Reports Strong Revenue Growth, Higher Profits in 3Q
UPS Inc. reported strong revenue growth and higher profits in the third quarter, despite international headwinds from currency valuations, rising fuel costs and ongoing investment in transformation initiatives.
October 24, 2018