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Kuehne + Nagel Continues Acquisition Strategy, Buys Quick International Courier

Swiss freight forwarder Kuehne + Nagel International AG has purchased Quick International Courier, a leading provider of time-critical transportation services, from The Jordan Co., an investment firm that has been on a logistics buying spree over the past couple of years.

November 28, 2018

Increase in Online Shopping Could Lead to Package Delays

Area shoppers will want to purchase their holiday gifts earlier this year, as a major jump in online holiday shopping could complicate the delivery system.

November 19, 2018

XPO Logistics Unveils LTL Optimization Plan

XPO Logistics will begin a four-point plan to optimize less-than-truckload operations.

November 13, 2018

Radiant Logistics Reports Positive Results in Fiscal 1Q

Radiant Logistics reported strong gains in profits and net revenue in the three months ended Sept. 30 as the Bellevue, Wash.-based company saw a broad-based improvement in its international freight forwarding, truck and rail brokerage, warehousing and supply chain management business in the United States and Canada.

November 9, 2018

Hub Group to Acquire Retail Consolidation Specialist CaseStack

Hub Group has agreed to acquire CaseStack Inc. for $255 million as part of a strategy to expand and diversify its transportation service offerings.

November 6, 2018

FedEx to Raise Prices in Response to Surging Freight Demand, Tight Capacity

FedEx Corp. will boost most prices by an average of 4.9% starting in January, more than double the expected rate of U.S. inflation next year, as freight demand surges.

November 5, 2018

U.S. Xpress Enterprises Posts Record Profits

U.S. Xpress Enterprises reported record profits in the third quarter as the company benefited from strong freight volumes and higher rates.

November 2, 2018

Universal Logistics Reports Best-Ever 3Q Results

Universal Logistics Holdings reported its best third quarter ever, following a trend of record-setting financial reports by freight carriers this year.

October 25, 2018

USA Truck Continues Turnaround With Improved Results in 3Q

USA Truck reported higher revenues and profits in the third quarter of 2018, continuing a financial turnaround started in 2017.

October 25, 2018

UPS, Seattle to Launch eBike Downtown Delivery Program

UPS Inc. and Seattle Mayor Jenny Durkan announced Oct. 25 the parcel delivery company will begin a pilot project aimed at reducing congestion downtown and addressing air quality concerns. Delivery drivers will use electric pedal-assist cargo bicycles with a customized modular trailer attached to the back of the bike.

October 25, 2018