Search

Showing 10 of 705 results

= Premium Content

ArcBest Sees Profit, Revenue Declines in Q4 2024

The Fort Smith, Ark.-based logistics company posted net income of $29 million, or $1.24 a diluted share, for the three months ending Dec. 31.

January 31, 2025

C.H. Robinson Reports 382% Earnings Jump for Q4

The Eden Prairie, Minn.-based logistics and shipping company on Jan. 29 posted net income of $149.3 million, or $1.22 a diluted share, for the three months ending Dec. 31.

January 30, 2025

UPS Posts 1.5% Revenue Growth; Shares Fall on Amazon Deal

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, 2025

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, 2025

Whole 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, 2025

Covenant 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, 2025

Knight-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, 2025

ADM 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, 2025

J.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, 2025

Walgreens 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, 2025