Coming off an extraordinary growth market in 2018, third-party logistics companies operating in the United States experienced a more mixed year in 2019.
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2020 Top 50 Logistics Companies
The logistics business is evolving rapidly as companies invest in technology to boost efficiency and meet shippers’ rising expectations, but Transport Topics’ annual ranking of the largest third-party logistics companies in North America reveals few changes at the top this year.
March 30, 2020How 3PLs Are Evolving to Stay Competitive
Although demand for logistics services likely will increase in the decade ahead, freight brokers and 3PLs will need to adapt and evolve to remain relevant in this rapidly changing industry. Part of our 2020 Top 50 Logistics Companies rankings package.
March 30, 2020Deutsche Post Scraps Its Electric Delivery Van Built With Ford
Deutsche Post AG will stop producing its electric delivery vehicle called StreetScooter, bringing to an end a much-hyped venture that was once seen as a possible disrupter to conventional van makers such as Volkswagen AG and Daimler AG.
February 28, 2020Shipping Giant CMA CGM’s Debt Plan Seen at Risk Amid Virus Fears
The coronavirus outbreak is threatening to scupper a debt refinancing for CMA CGM SA, the world’s third-largest container shipping company.
February 24, 2020XPO to Lay Off 304 Workers at Texas Distribution Center
XPO Logistics Inc. will lay off 304 workers at an AllianceTexas distribution center in April, according to a notice filed with the Texas Workforce Commission.
February 14, 2020Ryder Posts Earnings Loss, Record Revenue in Q4
Ryder System Inc. reported record fourth-quarter revenue and a loss in earnings due to previously announced expenses.
February 13, 2020XPO Reports Mixed Q4, 2019 Results
XPO Logistics Inc. posted mixed financial results for the fourth quarter and all of 2019.
February 11, 2020Werner Q4 Profits Dip
Werner Enterprises posted declines in fourth-quarter and full-year profits but came in ahead of Wall Street expectations for its Q4 profit.
February 6, 2020Schneider Q4 Earnings Miss Wall Street Expectations
Schneider National Inc. reported Jan. 29 that fourth-quarter 2019 and yearly financial numbers declined when compared with 2018’s record year.
January 29, 2020