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C.H. Robinson Posts Large Q3 Profit, Revenue Gains

C.H. Robinson Worldwide posted third-quarter gains in profit and revenue as it benefited from tight freight capacity.

October 27, 2021
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UPS Reports Strong Third-Quarter Gains

UPS Inc.’s strategy to focus on more profitable segments of the shipping business paid off in the third quarter as its revenue per item shipped rose 13% and earnings climbed.

October 26, 2021
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XPO Logistics Opens New LTL Hub in Chicago Area

XPO Logistics Inc. opened a new less-than-truckload service center in the Chicago area, the company announced Oct. 18.

October 18, 2021
BusinessLogisticsTop 50

Greenbriar Reportedly Considers Sale of BDP International

Greenbriar Equity Group is exploring a sale of BDP International that could value the logistics company at more than $1.5 billion including debt, people with knowledge of the matter said.

October 8, 2021
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GXO, Abercrombie & Fitch to Open Automated Distribution Center

GXO Logistics and Abercrombie & Fitch Co. announced an agreement Oct. 6 to open a new distribution center that will blend traditional staffing with automation.

October 6, 2021
BusinessTechnologyLogisticsTop 50

C.H. Robinson Releases Spot Market Navigation Tool

C.H. Robinson launched a new tool to help businesses navigate spot market costs, the company announced Sept. 20.

September 22, 2021
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J.B. Hunt Celebrates 60 Years in Business

J.B. Hunt Transport Services marked its 60th anniversary last month during a virtual event that included a company founder.

September 10, 2021
BusinessLogisticsTop 50

Echo Global Logistics to Go Private in $1.3 Billion Buyout

Echo Global Logistics has entered a definitive agreement to be acquired by global private equity firm The Jordan Co., the companies announced Sept. 10.

September 10, 2021
BusinessLogisticsTop 50

Deutsche Post to Buy Logistics Firm Hillebrand for $1.8 Billion

Deutsche Post AG has agreed to acquire German logistics company Hillebrand for about 1.5 billion euros ($1.8 billion).

August 17, 2021
BusinessLogisticsTop 50

GlobalTranz, Worldwide Express Chart Course After Merger

The recent merger of GlobalTranz Enterprises and Worldwide Express is still in the getting-to-know-you phase and steps are being discussed to become fully integrated, executives from both companies said.

August 13, 2021