RXO is boasting that its projected efficiency savings from the Coyote Logistics acquisition will surpass earlier estimates.
RXO’s third-quarter earnings were highlighted by the first numbers from Coyote Logistics as well as an operating loss.
Forward Air continues to refresh its leadership team, hiring a new chief commercial officer on Wednesday.
Trimble Inc. said its transportation segment performed well during the most recent quarter, with revenue increasing 1.4% to $195 million.
Lineage Inc. announced quarterly results Wednesday for the first time since becoming a public company.
GXO Logistics Inc. sees an upward trend in the global freight market in 2025, boosted by e-commerce.
Expeditors International by numerous metrics had a strong third quarter.
October’s Logistics Managers’ Index showed supply chain managers expect transportation rates to move significantly higher over the next year.
Forward Air lowered full-year earnings guidance on Monday and said it wouldn’t address press reports that it is up for sale following a messy merger.
GXO achieved 28% revenue growth in the third quarter to a quarterly record of $3.16 billion, boosted by new e-commerce customers.
J.B. Hunt Transport Services has announced executive management changes as it aims to increase its market share during the next freight market upswing.
E-commerce giant Amazon.com Inc.’s North American sales increased 9% year over year to $95.5 billion in the third quarter.
Uber Freight posted a wider EBITDA loss but showed improvement in revenue in the third quarter.
C.H. Robinson CEO Dave Bozeman talked with analysts Wednesday about his model for turning the company around. The evidence indicates it’s working.
A first look at C.H. Robinson’s third-quarter earnings reveals slightly slower sequential gains than in recent quarters.
Truck broker Landstar System said Tuesday it expects no material lift in the freight market for the remainder of 2024.
Freight broker Landstar System missed third-quarter expectations Tuesday after the market closed and issued fourth-quarter guidance that was also light of consensus.
Despite a first-half lull in domestic network demand for logistics services, the world’s largest forwarder saw overall volume growth in the third quarter.
Ryder has been pushing to rely less on vehicle leasing, and it’s getting there.
Supply chain software provider Manhattan Associates says it is taking longer to close deals.
This year’s F3: Future of Freight Festival will pull into the heart of Freight Alley in Chattanooga, Tennessee, Nov. 19-21.
Nick Persin, director of strategic partnerships for FreightWaves SONAR, spoke with Dylan Alperin, VP of professional services at Keelvar, during the October Webinar about delivering SONAR’s truckload datasets to the Keelvar platform.
J.B. Hunt Transport Services beat third-quarter expectations as it awaits a turn in the freight market.
Supply chain software provider Descartes said Monday it has acquired omnichannel e-commerce platform Sellercloud in a deal that could total $130 million.
A tough earnings report at supply chain software provider E2open was greeted with a big sell-off on Wall Street.
Hurricane Milton has struck Florida, less than two weeks after the devastation of Hurricane Helene. American Logistics Aid Network brings together nonprofits and supply chain companies to effectively target disaster relief. But what does that actually entail?
Flexport, a global supply chain solutions provider, is reducing its headcount by 2% as part of a reorganization aimed at helping the company drive profitability.
Radiant Logistics announced its seventh acquisition in the past year on Wednesday, acquiring operating partner Focus Logistics.
Switzerland-based DSV added to its stable of logistics providers, buying Schenker from the debt-laden German national railway.
Reports of panic-buying at supermarkets began spreading across social media Tuesday as a union dockworker strike got underway at East and Gulf Coast ports.
Link Logistics has been able to create a technological solution that cuts to the heart of the industry’s traditional challenges while also empowering customers.
California Gov. Gavin Newsom has signed into law AB98, which will impact the growth of warehouses in California.
Global supply chain security could tighten dramatically after Hezbollah pagers and walkie-talkies were turned into miniature bombs.
Its big deal with Platform Science announced, Trimble’s transportation segment is touting upgrades and new products.
S&P gave a thumbs-up to the credit metrics at RXO after the company set two deals to fund the Coyote Logistics acquisition.
Third-party logistics provider HTL Freight announced it has acquired CTS Logistics.
By leveraging Uber Freight’s TMS, Leaf Home was able to consolidate operations into a single system with automation, enabling high growth without increasing headcount.
Trimble’s 2024 Insight Tech Conference + Expo in Las Vegas drew more than 1,500 attendees from across the transportation industry.
Freight forwarder and logistics provider Seko Logistics announced it has entered an agreement to recapitalize.
Canadian supply chain SaaS provider Descartes acquired MyCarrierPortal, which provides brokers and shippers with carrier onboarding and risk monitoring tools.
Trimble customers who gathered in Las Vegas got the big news that Platform Science is acquiring Trimble’s telematics business.
RXO announced Monday that it has completed the acquisition of freight broker Coyote Logistics.
Radiant Logistics said some customers have moved freight deliveries up to avoid a potential dockworker strike or a possible change to U.S. trade policy.
UPS said Tuesday it was buying two Germany-based cold chain logistics operators to add to its sprawling health care logistics footprint.
Universal Logistics is cutting more than 90 workers at its facility in Detroit.
FedEx Corp. announced a strategic alliance with Nimble Robotics on Thursday to scale FedEx Fulfillment with Nimble’s fully autonomous 3PL model.
Radiant Logistics has acquired oil and gas transportation and logistics specialist Foundation Logistics & Services.
Despite the ongoing surge of technological advances throughout the logistics industry, many companies working in the space still find themselves bogged down by inefficiencies.
A New York-based venture capital firm and European transport specialist are vying to acquire Schenker, the logistics unit of German national railway Deutsche Bahn, which could shake up the market for logistics services in the U.S.
AFS Logistics tapped Andy Dyer as its next CEO but made no mention of the departure of its former leader.
The Port of Los Angeles has named Erica M. Calhoun deputy executive director overseeing the city of Los Angeles Harbor Department’s Administrative Bureau.
The Supply Chain Council has extended its executive team and plans to be a national rather than “California-first” organization.
Radiant Logistics announced it won a five-year contract to be a prime contractor for the U.S. Agency for International Development.
While contract talks between Canadian National, Canadian Pacific Kansas City and union employees continue, a rail shutdown would reverberate through the supply chain connecting Canada and the U.S.
RyderVentures invested in AI system developer Terminal Industries last year; now the companies say they’re getting highly accurate check-in and monitoring with Terminal technology at one of Ryder’s warehouse yards in California.
Though most logistics companies are operating with reduced revenue and earnings, deals in the sector have not ground to a halt. One recent deal was significant enough that the Tenney […]
BRW has been created through an acquisition as a combined brokerage and truckload and LTL carrier.
Dick’s Sporting Goods plans to build an 800,000-square-foot distribution hub in Texas to support the company’s growth in the region.
Inc. 5000’s list of fastest-growing private companies includes 166 transportation and logistics companies.
QXO, the latest venture by Brad Jacobs, has a strong opportunity in building products distribution, according to an Oppenheimer & Co. report.
Trimble’s Transporeon report identifies key developments impacting the future of truckload transportation in North America, including concerns about freight fraud.
GXO Logistics’ second-quarter revenue surged 19% year over year to $2.8 billion.
RXO did not see significant improvement in its key financials, but it highlighted where things were better.
3PL RXO saw its revenue decline in the second quarter, but gross margin was higher.
EBITDA at Uber Freight remained negative in the second quarter, and revenue continued to fall.
Expeditors International saw an increase in its airfreight business in the second quarter and a downturn on the ocean.
A proposed shift in how tax revenue generated by freight movements is allocated among states has hit a dead end.
Freight-related companies in California, Georgia, Illinois, New York and Texas are laying off a total of 1,234 employees.
Wall Street wasn’t happy with the revenue forecast for Amazon’s third quarter.
Temperature-controlled real estate investment trust Lineage Inc. announced it will give $100 million in equity awards to its workforce.
Dave Bozeman, one year into the job as CEO of C.H. Robinson, cites a new operating model as the company’s earnings surprise to the upside.
C.H. Robinson’s earnings look solidly positive, and the stock market reacted that way.
Freight broker Landstar System shared some signs of market stabilization with analysts on a Tuesday call but said it’s still too soon to say the market has turned.
Broker Landstar System beat second-quarter estimates Tuesday as the period ended a two-year streak of sequential revenue declines.
C.H. Robinson has made its first acquisition or divestiture since Dave Bozeman took over, selling its European brokerage operations.
Supply chain logistics company Stord purchased the fulfillment services operation of Pitney Bowes’ e-commerce division on Friday.
Returns continue to increase, which can end up costing companies. Processes can be put in place to help bottom lines, and it’s all related to transportation.
Ryder’s earnings report for the second quarter showed some sluggishness, but company executives see a bottom.
The logistics needed to pull off the Olympic Games is always a massive undertaking. The 2024 Paris Games are even more intense. This is what it takes to pull it all off.
Cold storage real estate investment trust Lineage Inc. announced that its initial public offering priced near the high end of the range and will include at least 10 million more shares than expected.
The Supply Chain Council heralded its beginning with an outdoor briefing near the Port of New York/New Jersey.
California’s latest environmental logistics rule focuses on forklifts, but clean technology there has been growing already.
Brad Jacobs’ QXO is ready to begin acquisitions with a war chest of $5 billion in hand after two big deals.
Fastmore Logistics highlights its proven track record of picking the right carrier and using technology, people and processes to deliver service and security.
FedEx Corp. on Thursday opened its first European Life Science Center, with capabilities to receive, store, kit, pick, pack and ship health care products.
Logistics real estate landlord Prologis noted “subdued” but “improving” demand in its second-quarter report issued Wednesday.
Real estate investment trust Lineage announced the pricing of its initial public offering on Tuesday.
The brokerage industry, this time TQL, has won another court victory, shielding it from liability stemming from a carrier it hired.
Ryder System said Monday it will acquire mobile maintenance and repair services provider Pit Stop Fleet Service.
Transfix, which was a digital brokerage up until just a few weeks ago, is offering its first software solution to the market.
Garth Brooks’ continual stadium tours are impressive logistical feats but also represent the actual workings of supply chain and logistics.
Strategic cargo theft from organized crime rings wreaked havoc on brokers and carriers in the first quarter of 2024.
The June Logistics Managers’ Index captures no growth in transportation capacity for the first time since March 2022.
Widespread inflation, growing interest rates and a tight labor market will keep freight service demand low, with excess capacity and low freight rates for the rest of the year. Here’s what to do.
Temperature-controlled facility operator Lineage plans a public listing on the Nasdaq.
Supply chain executives at companies ranging from freight brokerages to factoring companies discussed impacts of the freight cycle, technology and lower margins during Freightwaves’ Future of Supply Chain event in Atlanta. Here’s what you need to know.
At the 14th Annual Bike Tour with MTS for Autism, attendees got to hear firsthand from students who have benefited from the funds raised in past years.
The UEFA European Championship 2024 is currently underway and takes place across 10 stadiums in Germany, requiring serious supply chain and logistics efforts.
Logistics costs for U.S. businesses were lower in 2023, but prices remain higher than they were before the pandemic, much like the situation with consumer price inflation.
C.H. Robinson has joined the TriumphPay Network, a freight payments platform connecting brokers, shippers and carriers.
