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Maersk Sees Global Shipping Markets Staying Tight Into 2022

A.P. Moller-Maersk A/S expects shipping markets to remain tight at least into the first quarter with global container demand set to grow faster than previously expected.

November 2, 2021

Echo Global Logistics Reports Income, Profit Gains

Echo Global Logistics reported gains in both income and profit for the third quarter as it took advantage of strong freight demand and tight supply.

October 27, 2021

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

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

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

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

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

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

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