FedEx Corp. will boost most prices by an average of 4.9% starting in January, more than double the expected rate of U.S. inflation next year, as freight demand surges.
November 5, 2018Search
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Amazon Offers Free Holiday Shipping to Compete With Target
Amazon says it will offer customers free shipping on orders delivered through Christmas regardless of whether they are members of the Prime membership program, a move that comes two weeks after rival Target undercut the company with its own free-shipping offer.
November 5, 2018U.S. Xpress Enterprises Posts Record Profits
U.S. Xpress Enterprises reported record profits in the third quarter as the company benefited from strong freight volumes and higher rates.
November 2, 2018Manheim Logistics Solutions Opens $2.7 Million Facility
Manheim Logistics Solutions has announced its move to an upgraded office facility in Phoenix, according to an October press release.
November 1, 2018Project Cargo Network Partners With WiseTech Global
Logistics specialist Project Cargo Network has partnered with WiseTech Global, the company behind the global logistics solution CargoWise One, according to an October press release.
November 1, 2018XPO Logistics Posts Higher Revenue, Profits in Third Quarter
XPO Logistics announced increased revenue and profits in the third quarter and, although the gains were less than what some investment analysts had expected, CEO Bradley Jacobs said the company implemented a record number of new logistics contracts in the quarter.
October 31, 2018Two Investment Firms Acquire Anderson Cargo Services
Two private equity investment firms have come together to acquire Anderson Cargo Services, a St. Paul, Minn.-based logistics firm.
October 31, 2018C.H. Robinson Reports Growth in Revenue, Profits in Third Quarter
C.H. Robinson Worldwide posted strong growth in revenue and profits in the third quarter, helped by a lower tax rate and increased pricing in a capacity-constrained freight market.
October 31, 2018FourKites Adds ‘Predictive’ Load Matching Service
FourKites, a load tracking firm, is tapping a former UberFreight executive to head up a new service offering predictive capacity management to shippers and carriers.
October 31, 2018EBE Launches InfoStream to Provide Regulatory Compliance Services
AUSTIN, Texas — EBE Technologies has established a new company, InfoStream, to provide management services that complement its core transportation software business.
October 30, 2018