UPS Inc. experienced revenue and earnings growth despite a tougher freight market in the fourth quarter of 2024, the parcel delivery company reported Jan. 30.
January 30, 2025Search
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QXO’s Hostile Bid for Beacon Roofing Fuels M&A Optimism
M&A specialists are eyeing a robust list of U.S. takeover candidates, with a buoyant economy, strong buyer appetite and a potentially looser regulatory regime seen driving more deals.
January 29, 2025Whole Foods CEO Buechel Named Amazon’s Grocery Chief
Buechel, a former management consultant, joined Whole Foods in 2013, and led efforts to unify the formerly decentralized chain’s technology and record-keeping systems.
January 28, 2025Covenant Logistics Q4 Profit Slides on Helene, Higher Costs
Covenant reported a profit of $6.7 million or earnings per diluted share of 24 cents in Q4, just over half the $12.8 million or 47 cents per diluted share profit posted in Q4 2023.
January 27, 2025Knight-Swift Closes 2024 Preparing for Upturn
The Phoenix-based truckload motor carrier reported a revenue decline of 3.5% in the fourth quarter amid efforts to improve the business ahead of the expected up cycle.
January 23, 2025ADM Stops Loading Grain Vessels in Louisiana Amid Snowstorm
One of the world’s biggest crop traders has halted loading of grain vessels at U.S. Gulf terminals as the region’s worst snowstorm in 130 years slams the region.
January 22, 2025J.B. Hunt Ends 2024 With Slight Revenue Decline
The Lowell, Ark.-based carrier ended the year slightly behind where it was during the prior fourth quarter amid efforts to reinvest and improve operations, the company reported Jan. 16.
January 17, 2025Walgreens Shares Soar 28% After Sales Beat Forecasts
Revenue came to $39 billion for the fiscal quarter ended in November, driven by higher prices for branded drugs and prescription volumes at the company’s U.S. retail pharmacy division.
January 10, 2025AIT Buys St. Louis-Based Freight Forwarder Krupp Trucking
Krupp specializes in the transportation of high-value goods, with AIT keen to add the company’s technology logistics sector operations to its portfolio, it said.
January 8, 2025Forward Air Probes Sale, Merger, Divestment Options
Forward Air’s board will undertake a review of the asset-light transportation and logistics services provider’s strategic alternatives, including a sale of the company and other options.
January 8, 2025
 
 
 
 
 
 
 
 
 
