Uber Technologies Inc.’s freight business will acquire logistics technology firm Transplace from TPG Capital for $2.25 billion, the company announced July 22.
July 22, 2021Search
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Justin Olsen, maintenance director at TCW, breaks down the hidden impact of poor trailer management on operations, compliance and safety.Â
Landstar Reports Record Earnings for Q2
Landstar System reported an all-time record for quarterly net income in its second-quarter financial results.
July 21, 2021DP World to Buy Imperial Logistics in $890 Million Bet on Africa
DP World plans to buy South Africa’s Imperial Logistics Ltd. for $890 million, in what the port operator said would be its most significant acquisition in Africa so far.
July 8, 2021Port Operator DP World Buys Syncreon in $1.2 Billion Deal
One of the world’s largest port operators, DP World, said July 1 it had acquired American logistics firm Syncreon Holdings in a $1.2 billion deal, the latest investment as the maritime company pushes to expand farther afield.
July 1, 2021DP World Nears $1.2 Billion Deal for Logistics Firm Syncreon
DP World is nearing an acquisition of Syncreon Holdings Ltd. in a deal that could value the U.S. supply chain services company at about $1.2 billion, according to people familiar with the matter.
June 30, 2021FedEx Tops $20 Billion in Revenue for Third Straight Quarter
FedEx Corp. reported a surge in bottom-line results for its fiscal fourth quarter as e-commerce continued to fuel demand for the company’s services.
June 24, 2021XPO Announces GXO’s $800 Million Notes Offering
XPO Logistics' upcoming spinoff, GXO Logistics, has priced an offering of $800 million on investments notes with registration rights, the company announced June 17.
June 18, 2021DHL System Helps Shippers Balance Costs and Sustainability
DHL Supply Chain has developed a program that is designed to help shippers select carriers that are aligned with their environmental goals.
June 9, 2021XPO Says GXO Spinoff Should Be Completed by Q3
XPO Logistics has moved up the potential timeline to complete a spinoff of its logistics operations into a separate company, and also has provided updated financial guidance that forecasts strong growth for the planned independent company.
June 9, 2021J.B. Hunt Boosts Supply Chain Inclusivity With $1 Million Scholarship Fund
J.B. Hunt Transport Services and the University of Arkansas jointly endowed a $1 million scholarship fund June 2 to advance supply chain sustainability and inclusivity.
June 7, 2021