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, 2018BusinessTechnologyLogistics
Seacoast Capital Invests $10 million in Deliver-It
Capital investor Seacoast Capital has announced a $10 million investment in last-mile logistics company Deliver-It.
November 5, 2018BusinessLogistics
Dresdner Robin Completes Work on $25 Million Baldor Foods Expansion
Dresdner Robin, a Jersey City, N.J.-based land use consultancy, has finished work on a $25 million expansion at the Bronx headquarters of Baldor Specialty Foods.
November 5, 2018BusinessLogisticsTCA
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, 2018BusinessLogisticsTop 100
U.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, 2018BusinessTechnologyLogistics
Manheim 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, 2018BusinessTechnologyLogistics
Project 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, 2018BusinessLogistics
XPO 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, 2018BusinessLogistics
Two 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, 2018BusinessLogistics
C.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, 2018