Knight-Swift Transportation Holdings beat analysts profit projections in the third quarter as cost-cutting measures implemented after the acquisition of Swift Transportation in September 2017 compensated for slower-than-expected growth in revenue.
October 24, 2018Search
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UPS Reports Strong Revenue Growth, Higher Profits in 3Q
UPS Inc. reported strong revenue growth and higher profits in the third quarter, despite international headwinds from currency valuations, rising fuel costs and ongoing investment in transformation initiatives.
October 24, 2018Amazon, FedEx, UPS Could Gain from Trump Threat to Leave Postal Union
U.S. e-commerce companies including Amazon.com and shippers such as FedEx Corp. and UPS Inc. stand to gain from the Trump administrations move Oct. 17 to withdraw from an international postal agreement.
October 18, 2018Universal Expands Drayage Business With Purchase of Specialized Rail Service
Universal Logistics Holdings expanded its intermodal drayage business in the western United States with the purchase of Specialized Rail Service Inc. for $12.3 million.
October 15, 2018The Integration Challenge
The cloud computing services offered by businesses such as Amazon Web Services, Google and Microsoft Azure have made integration easier to accomplish. But there's a catch: The task of integrating systems is never-ending, technology executives say.
October 3, 2018Old Dominion Accelerates Network Expansion
Old Dominion Freight Line Inc. announced it has upgraded six service centers as it continues to expand its network of 233 locations.
September 28, 2018XPO Logistics Expands Driver Training Program
XPO Logistics Inc. is joining the growing ranks of trucking and logistical companies offering its employees some kind of educational benefit to combat the nationwide shortage of truck drivers and technicians.The Greenwich, Conn.-based carrier announced on Sept. 25 it is starting The Drive for Success, a new national scholarship program for professional driver trainees.
September 25, 2018Supply Chain Partners Focus on Efficiency to Improve Capacity
LONG BEACH, Calif. High freight levels, decreased productivity and the driver shortage have contributed to tightened capacity, and carriers and intermodal providers said they are focusing on efficiency to meet supply chain demands.
September 25, 2018Owner of Dicom Transportation Group Sells off Canadian Business
General Logistics Systems, a division of Royal Mail in the United Kingdom and a major parcel carrier in Europe as well as regional operator in the United States, is buying the Canadian operations of Montreal-based Dicom Transportation Group for C$360 million from Wind Point Partners.
September 14, 2018Kathleen McCann to Step Down as CEO at United Road
Kathleen McCann, chairman and CEO of United Road Services, announced that Mark Anderson will take over as CEO next year as she transitions to the role of executive chairman.
September 14, 2018
 
 
 
 
 
 
 
 
 
