XPO Logistics has moved up the potential timeline to complete a spinoff of its logistics operations into a separate company, and also has provided updated financial guidance that forecasts strong growth for the planned independent company.
June 9, 2021Search
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Justin Olsen, maintenance director at TCW, breaks down the hidden impact of poor trailer management on operations, compliance and safety.
XPO Logistics Announces SVP of Strategy for Spinoff GXO
XPO Logistics Inc. has appointed Angus Tweedie to be the senior vice president of strategy for its upcoming spinoff company GXO Logistics, the company announced May 19.
May 24, 2021Disruptions Add More Stress to Already Strained Capacity Market
Already stressed capacity is facing new pressure as the economy recovers from the coronavirus pandemic and demand increases.
May 13, 2021C.H. Robinson Posts Big Q1 Gains in Profit, Revenue
C.H. Robinson Worldwide posted large gains in profits and revenue during the first quarter, driven by higher pricing and increasing cargo volume across most of its service lines.
April 28, 2021Apples $430 Billion US Investment Includes XPO-Run Facility
XPO Logistics will operate a $100 million state-of-the-art facility and distribution center in Clayton, Ind., for technology giant Apple, the company said April 26.
April 27, 2021Hapag-Lloyd CEO Says Ocean-Shipping Demand Staying Very Strong
Robust demand for shipping goods across the worlds oceans shows no signs of slowing down, the chief executive of Germanys largest container carrier said, signaling that elevated rates in the tight market for seaborne cargo may extend into the second half of the year.
April 9, 2021Pilot Freight Services Acquires DSI Logistics
Pilot Freight Services announced it acquired DSI Logistics, a nonasset-based provider of last-mile home delivery and installation for heavy and hard-to-handle goods.
April 8, 2021Syncreon Holdings Reported to Be Weighing $1.5 Billion Sale
The owners of supply-chain services company Syncreon Holdings are exploring a sale of the company that could value it at as much as $1.5 billion, including debt, according to people with knowledge of the matter.
April 8, 2021XPO Logistics Announces Hiring Plans, Taps CFO for Spinoff GXO
XPO Logistics plans to fill more than 1,400 positions to meet growing demand in its less-than-truckload business.
April 7, 2021XPO Opening Automated Logistics Facility in Indiana
XPO Logistics will open an automated logistics facility in Clayton, Ind., at one of the states major logistics hubs in Hendricks County. The new facility is expected to employ 800 people and become fully operational sometime this summer, according to XPO.
March 24, 2021