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XPO Marks Earth Day With Carbon Offsets Program

XPO Logistics Inc. introduced a carbon-offset shipping option for customers of its truck brokerage business in North America, the company announced April 22.

April 22, 2022

DHL Transport Chief Sees ‘So Much Strength’ in US Economy

The U.S. economy is strong enough to avoid a sharp downturn, even as concerns are growing about how long consumers can sustain healthy spending levels amid rising inflation, the head of transportation at Deutsche Post AG’s DHL supply chain division said.

April 13, 2022

MSC Buys Bollore’s African Logistics Unit

MSC Mediterranean Shipping Co. agreed to buy the African transport and logistics business of Bollore SA for 5.7 billion euros ($6.3 billion) including debt.

April 6, 2022

FedEx Logistics Opens Global Headquarters in Memphis

FedEx Logistics Inc. opened its new global headquarters in Memphis, Tenn., on April 5.

April 6, 2022

J.B. Hunt Launches Clean Transport Program

J.B. Hunt Transport Services Inc. launched a program April 4 to help customers offset the carbon footprint of their supply chain.

April 4, 2022

FedEx Partners With Elroy Air to Test Pilotless Package Drone

FedEx Corp. is partnering with Elroy Air, a startup that makes a large cargo drone, to test moving packages by air with no pilot on board.

March 30, 2022

Fred Smith Steps Down as FedEx CEO, Remains Executive Chairman

FedEx Corp. founder Fred Smith is stepping down as CEO of the company and transferring the leadership post to Raj Subramaniam, who currently serves as president and COO, the company announced March 28. Smith will remain as executive chairman.

March 28, 2022

Amazon Stock Rally Erases Losses for the Year

Amazon .com Inc. shares rallied March 28, with the e-commerce giant becoming the first of megacap tech stocks to erase losses for the year.

March 28, 2022

XPO Sells Intermodal Unit to STG Logistics for $710 Million

XPO Logistics Inc. announced March 25 it has sold its North American intermodal business to STG Logistics, a Chicago-based provider of import-export and value-added warehouse logistics services, for a cash price of $710 million.

March 25, 2022

A. Duie Pyle to Open Three Locations in Virginia

A. Duie Pyle is opening three new facilities as part of an effort to expand its services into Virginia, the company announced March 15.

March 22, 2022