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Universal Logistics Buoyed by Record Revenue, Strong Profits

Universal Logistics Holdings reported first-quarter net income of $10.4 million, or 37 cents per share, a rise of 147% from $4.3 million reported for the first quarter a year ago.

April 26, 2018

Echo Global Logistics Reports Revenue Surge in 1Q

Echo Global Logistics reported record revenue in the first quarter of 2018 and posted a profit, compared with a loss a year ago, as tight capacity drove more business to third-party transportation service providers.

April 25, 2018

XPO Logistics Appoints Troy Cooper, Kenneth Wagers to Executive Posts

XPO Logistics promoted Troy Cooper to the newly created position of president from COO, and appointed Kenneth Wagers COO with responsibility for operations in 32 countries.

April 24, 2018

Lineage Expands Texas Warehouse

Lineage Logistics recently began the expansion of its Sunnyvale, Texas, warehousing and distribution center, adding 94,000 square feet to the existing 311,885-square-foot facility.

April 23, 2018

Logistics, Accelerated

How are technology and innovation trends changing the logistics business? We explore the changes that helped shape the 2018 Top 50 Logistics Companies rankings.

April 18, 2018

Peoples Services Acquires Grimes Cos. to Expand in Southeast

Peoples Services Inc., a logistics firm based in Canton, Ohio, acquired the assets of The Grimes Cos. in Jacksonville, Fla., a move that substantially expands the company’s warehousing and distribution services in the southeastern United States.

April 18, 2018

Mike Ducker to Step Down as FedEx Freight CEO on Aug. 15

Mike Ducker will retire Aug. 15 as president and CEO of FedEx Freight after leading the group for four years, FedEx Corp. announced April 16. His successor will be named later.

April 16, 2018

Allen Lund, Founder of Freight Brokerage Firm, Dies

Allen Lund, founder of third-party transportation broker Allen Lund Co., died April 7 after recently being diagnosed with cancer. He was 77.

April 11, 2018

Schneider, 8VC Partner to Boost Digital Supply Chain

Venture capital firm 8VC and diversified truckload carrier Schneider announced a partnership to leverage technology on trucks to create a pathway to a fully digital supply chain.

April 11, 2018