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Government, Business, Top 100

Ruling That Awarded Walmart Drivers $54 Million Stands, Appeals Court Says

A three-judge panel of the 9th U.S. Circuit Court of Appeals has affirmed a district court’s judgment that Walmart pay a court-certified class of its California truck drivers more than $54 million in back pay for layovers, rest breaks and pre-trip and post-trip inspections.

January 7, 2020
Business, Logistics, Top 100, TCA

FedEx Begins Construction on Distribution Facility in Florida

Construction has begun on a 42,000-square-foot FedEx distribution center near the airport in Gainesville, Fla.

January 7, 2020
Business, Top 100

Borden Becomes Second Big US Milk Producer to File for Bankruptcy

Borden Dairy Co. filed for bankruptcy, becoming the second major U.S. milk seller to do so in two months as competitive pressures, declining consumption and falling profits made its debt load unsustainable.

January 6, 2020
Business, Logistics, Top 50, Top 100

J.B. Hunt Acquires RDI Last Mile

J.B. Hunt Transport Services Inc. acquired the assets of RDI Last Mile Co. on Dec. 31, marking the company’s latest purchase of a final-mile service.

January 2, 2020
Business, Logistics, Top 50, Top 100

NFI Acquires G&P Trucking Co.

Supply chain services provider NFI announced it completed the acquisition of G&P Trucking Co. Inc., a logistics provider specializing in asset-based transportation, port drayage and non-asset brokerage solutions in the Southeast.

December 30, 2019
Business, Logistics, Top 100

Amazon Is Its Own Biggest Mailman, Shipping 3.5 Billion Parcels

As Amazon.com works to speed orders to customer doorsteps before Christmas, the e-commerce giant is touting an accomplishment that would have seemed absurd just a few years ago: Amazon is now its own biggest carrier.

December 19, 2019
Business, Logistics, Top 100

FedEx’s Q2 Earnings Tumble, Even More Than Wall Street Expected

FedEx Corp. reported lower-than-expected second-quarter fiscal year 2020 earnings Dec. 17, missing Wall Street analysts’ expectations.

December 17, 2019
Government, Business, Top 100

Bankruptcy Judge OKs Plan to Keep Celadon’s Taylor Express Operating

Celadon Group has been authorized by a bankruptcy court to spend $1.2 million before Jan. 3, 2020, to maintain operations for Hope Mills, N.C.-based Taylor Express Inc. — the last of its operating units that is still in business — while it pursues a sale of the company.

December 16, 2019
Business, Logistics, Top 100

Amazon Cuts Off FedEx Ground for Prime Shipments This Holiday

Amazon.com says FedEx Corp.’s delivery performance is slipping and will no longer let third-party merchants use the company’s ground delivery network for quick Prime shipments through the holidays.

December 16, 2019
Business, Technology, Top 100

Mesilla Valley Transportation to Use VeloCare for Technology Deployment

Mesilla Valley Transportation will begin using VeloCare, a technology-monitoring and repair service by Velociti Inc.

December 16, 2019