Search

Showing 10 of 667 results

= Premium Content

FedEx Shares Slide as China Opens Probe Over Huawei Deliveries

FedEx Corp. shares dropped as investors assessed the impact of a Chinese probe that puts the delivery company in the middle of an escalating trade conflict with the U.S.

June 3, 2019

Maverick to Sell Reefer Division to KLLM Transport Services

Maverick USA announced May 24 it will sell its temperature-controlled business to over-the-road carrier KLLM Transport Services of Jackson, Miss. The North Little Rock, Ark., carrier didn’t release terms of the deal.

May 28, 2019

XPO Shareholders Vote Down Teamster Plan to Split CEO, Chairman Roles

A union proposal to separate the CEO and chairman positions at XPO Logistics Inc. was defeated in a May 15 vote by the company’s shareholders, who instead extended the chairmanship of XPO’s current leader.

May 21, 2019

Wind Point Partners Acquires A&R Logistics

Wind Point Partners, a Chicago-based private equity investment firm, has acquired A&R Logistics and will partner with management to expand the company’s business and make additional acquisitions, according to a statement issued May 7.

May 8, 2019

Smooth Cross-Border Operations Hinge on Trade Agreement

SCOTTSDALE, Ariz. — Ratification of the United States-Mexico-Canada Agreement, which is the proposed replacement for the North American Free Trade Agreement, is critical to uninterrupted, timely border crossings, trucking executives said here during American Trucking Associations’ Mid-Year Management Meeting.

May 8, 2019

FedEx, UPS Strive to Automate Loading and Unloading Trucks

As FedEx Corp. and UPS Inc. beef up automation to keep pace with surging e-commerce and a potential threat from Amazon.com, they’ve been stumped at a crucial stage: loading and unloading trucks.

May 3, 2019

Western Express to Invest $88 Million, Add 225 Jobs in Tennessee

Western Express, a Nashville-based freight company, announced May 1 it will spend $88 million and add 225 jobs as it adds new technology, business services and back-office support at its headquarters and expands its truck fleet nationwide.

May 1, 2019

Werner Enterprises Revenue, Net Income Rise in 1Q

Werner Enterprises Inc., a transportation and logistics company, said its total revenue for the first quarter ending March 31 increased 6% to $596.1 million versus the prior year quarter, primarily attributable to dedicated fleet expansion, higher contractual rates and lane-mix changes.

April 30, 2019

Celadon Group Sells Intermodal Operations to Bison Transport

Celadon Group Inc. sold its North American container-on-flatcar intermodal operations to Bison Transport of Winnipeg, Manitoba, according to an April 26 press release.

April 29, 2019