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C.H. Robinson Reports Q2 Earnings, Revenue Spikes

C.H. Robinson saw a 34.6% increase in net income during the second quarter, the company reported July 27.

July 29, 2021

XPO Posts Q2 Profit on Record Revenue

Lifted by the highest revenue of any quarter in its history, XPO Logistics Inc. swung its second-quarter bottom line to a profit from a loss in the year-ago period.

July 29, 2021

Echo Global Logistics Posts Q2 Gains

Echo Global Logistics reported large gains in both income and profit for the second quarter as it experienced record performance in both its managed transportation and brokerage businesses.

July 28, 2021

Uber Freight to Acquire Logistics Firm Transplace for $2.25 Billion

Uber Technologies Inc.’s freight business will acquire logistics technology firm Transplace from TPG Capital for $2.25 billion, the company announced July 22.

July 22, 2021

DP World to Buy Imperial Logistics in $890 Million Bet on Africa

DP World plans to buy South Africa’s Imperial Logistics Ltd. for $890 million, in what the port operator said would be its most significant acquisition in Africa so far.

July 8, 2021

Port Operator DP World Buys Syncreon in $1.2 Billion Deal

One of the world’s largest port operators, DP World, said July 1 it had acquired American logistics firm Syncreon Holdings in a $1.2 billion deal, the latest investment as the maritime company pushes to expand farther afield.

July 1, 2021

DP World Nears $1.2 Billion Deal for Logistics Firm Syncreon

DP World is nearing an acquisition of Syncreon Holdings Ltd. in a deal that could value the U.S. supply chain services company at about $1.2 billion, according to people familiar with the matter.

June 30, 2021

FedEx Tops $20 Billion in Revenue for Third Straight Quarter

FedEx Corp. reported a surge in bottom-line results for its fiscal fourth quarter as e-commerce continued to fuel demand for the company’s services.

June 24, 2021

XPO Announces GXO’s $800 Million Notes Offering

XPO Logistics' upcoming spinoff, GXO Logistics, has priced an offering of $800 million on investments notes with registration rights, the company announced June 17.

June 18, 2021