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Universal Logistics Reports Record Q1 Earnings

Universal Logistics Holdings Inc. reported April 29 record highs for the first quarter of 2021.

April 30, 2021

New Ware2Go Service Helps E-Commerce Merchants With Warehouse Placement

The UPS-founded Ware2Go launched a free application to help e-commerce merchants with strategic fulfillment planning, the company announced April 27.

April 28, 2021

Despite Lower Bid, Canadian Pacific Touts Value of KCS Offer

Canadian Pacific Railway Ltd.’s chief executive officer tried to quash speculation that a bidding war is at hand for Kansas City Southern.

April 28, 2021

Saia Posts Strong Q1 Income, Revenue Gains

Saia Inc. reported large gains in profit and revenue during the first quarter as it overcame weather challenges to take advantage of increasing freight demand.

April 28, 2021

C.H. Robinson Posts Big Q1 Gains in Profit, Revenue

C.H. Robinson Worldwide posted large gains in profits and revenue during the first quarter, driven by higher pricing and increasing cargo volume across most of its service lines.

April 28, 2021

DSV to Buy Agility’s Logistics Unit for $4.1 Billion

DSV Panalpina A/S agreed to buy Agility Public Warehousing Co.’s Global Integrated Logistics business for $4.1 billion, extending its reach in the air and sea transport industry.

April 27, 2021

Apple’s $430 Billion US Investment Includes XPO-Run Facility

XPO Logistics will operate a $100 million “state-of-the-art†facility and distribution center in Clayton, Ind., for technology giant Apple, the company said April 26.

April 27, 2021

Amazon to Pass Walmart in Retail Sales in 2025, Report Says

Amazon.com Inc. will supplant Walmart Inc. as the biggest U.S. retailer by 2025, according to a new report, suggesting the e-commerce giant has too much momentum for Walmart to stop despite big investments in its own e-commerce offerings.

April 27, 2021

U.S. Xpress Reports Revenue of $450M for Q1

U.S. Xpress Enterprises saw revenue and earnings growth during the first quarter of 2021, the company reported April 22.

April 26, 2021