The owners of supply-chain services company Syncreon Holdings are exploring a sale of the company that could value it at as much as $1.5 billion, including debt, according to people with knowledge of the matter.
April 8, 2021Search
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XPO Logistics Announces Hiring Plans, Taps CFO for Spinoff GXO
XPO Logistics plans to fill more than 1,400 positions to meet growing demand in its less-than-truckload business.
April 7, 2021XPO Opening Automated Logistics Facility in Indiana
XPO Logistics will open an automated logistics facility in Clayton, Ind., at one of the state’s major logistics hubs in Hendricks County. The new facility is expected to employ 800 people and become fully operational sometime this summer, according to XPO.
March 24, 2021About Us: Transport Topics Top 50 Logistics Companies
The Transport Topics’ Top 50 Logistics Companies is a listing of the largest logistics companies in North America.
April 3, 2021Drones Could Help Bridge Divides for Vaccine Distribution
The challenge of ensuring equitable distribution of the coronavirus vaccine is one of global scale, and the city of Miami provides a backdrop for the social and economic divides that the medical community must overcome.
April 3, 2021Lineage Logistics Acquires Cryo-Trans for $500 Million
Cold-storage specialist Lineage Logistics is branching into rail.
April 3, 2021Pandemic Upends Logistics Market
The COVID-19 outbreak created a volatile U.S. third-party logistics market in 2020, which presented growth opportunities for 3PLs with strong carrier management, e-commerce and airfreight forwarding capabilities, while other 3PLs did not fare as well.
April 3, 2021A Fresh Look at the 2021 Top 50 Logistics Companies
Transport Topics has produced an annual ranking of the largest companies in this dynamic segment of the transportation business for nearly two decades, but much like the industry itself, this list continues to evolve.
April 3, 2021How Logistics Firms Are Handling the Pandemic's E-Commerce Boom
The COVID-19 pandemic has squeezed many years of growth in online sales and e-commerce fulfillment into a single 12-month period.
April 3, 2021FedEx Rides E-Commerce to $21.5 Billion Third Quarter
The continued yearlong surge in e-commerce brought on by the COVID-19 pandemic sent FedEx’s year-over-year fiscal third-quarter net revenue up 23% to $21.5 billion, compared with $17.4 billion in the same period in 2020.
March 18, 2021