XPO Logistics has moved up the potential timeline to complete a spinoff of its logistics operations into a separate company, and also has provided updated financial guidance that forecasts strong growth for the planned independent company.
June 9, 2021Search
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J.B. Hunt Boosts Supply Chain Inclusivity With $1 Million Scholarship Fund
J.B. Hunt Transport Services and the University of Arkansas jointly endowed a $1 million scholarship fund June 2 to advance supply chain sustainability and inclusivity.
June 7, 2021XPO Logistics Announces SVP of Strategy for Spinoff GXO
XPO Logistics Inc. has appointed Angus Tweedie to be the senior vice president of strategy for its upcoming spinoff company GXO Logistics, the company announced May 19.
May 24, 2021Disruptions Add More Stress to Already Strained Capacity Market
Already stressed capacity is facing new pressure as the economy recovers from the coronavirus pandemic and demand increases.
May 13, 2021Schneider Reports Q1 Net Income, Revenue Growth
Schneider National saw revenue and earnings growth during the first quarter of 2021, the company reported April 29.
April 29, 2021C.H. Robinson Posts Big Q1 Gains in Profit, Revenue
C.H. Robinson Worldwide posted large gains in profits and revenue during the first quarter, driven by higher pricing and increasing cargo volume across most of its service lines.
April 28, 2021Apple鈥檚 $430 Billion US Investment Includes XPO-Run Facility
XPO Logistics will operate a $100 million 鈥渟tate-of-the-art鈥 facility and distribution center in Clayton, Ind., for technology giant Apple, the company said April 26.
April 27, 2021Landstar Reports Record Earnings for Q1 2021
Landstar System Inc. reported record profits for the first quarter of 2021.
April 22, 2021Hapag-Lloyd CEO Says Ocean-Shipping Demand Staying 鈥榁ery Strong鈥
Robust demand for shipping goods across the world鈥檚 oceans shows no signs of slowing down, the chief executive of Germany鈥檚 largest container carrier said, signaling that elevated rates in the tight market for seaborne cargo may extend into the second half of the year.
April 9, 2021Pilot Freight Services Acquires DSI Logistics
Pilot Freight Services announced it acquired DSI Logistics, a nonasset-based provider of last-mile home delivery and installation for heavy and hard-to-handle goods.
April 8, 2021