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Incoming CEO of XPO Spinoff Company Outlines Plans

Malcolm Wilson shared his hopes and plans Jan. 15 for when he becomes the first CEO of a new company splitting from XPO Logistics Inc.

January 19, 2021

Amazon Keeps Buying Jets to Move Closer to 30-Minute Delivery Dream

Amazon .com Inc. can’t meet its one- and two-day shipping pledge to customers without an ever-expanding fleet of pricey jets.

January 15, 2021

XPO Logistics Partners With Truckers Against Trafficking

XPO Logistics Inc. announced Jan. 11 that it has formed a partnership with Truckers Against Trafficking in an effort to combat the crime.

January 12, 2021

XPO Finishes Acquisition of Kuehne + Nagel’s European Logistics

XPO Logistics has completed its acquisition of the majority of Swiss firm Kuehne + Nagel’s European logistics, the company announced Jan. 4.

January 4, 2021

J.B. Hunt Adds Temperature-Controlled Services to Tech Platform

J.B. Hunt Transport Services Inc. announced the availability of temperature-controlled transportation services within its Shipper 360 by J.B. Hunt technology platform.

December 18, 2020

FedEx Reports Record FY Q2 Net Sales of $20.5 Billion

The global surge in e-commerce brought on by the coronavirus pandemic combined with online holiday shopping sent net quarterly sales for FedEx Corp. above $20 billion for the first time in its history, and led to an increase in net income as well, the company reported Dec. 17.

December 17, 2020

FedEx, UPS Tell Senators of Vaccine Distribution Readiness

Two of the country’s largest freight firms reassured federal lawmakers of their preparedness in helping to deliver COVID-19 vaccines as early as this month.

December 8, 2020

Penske Announces Fleet Upgrade Leasing Program

Penske Truck Leasing launched a program that lets carriers sell their old trucks so they can lease a new one, the company announced Dec. 7.

December 7, 2020

XPO Logistics Plans to Split Into Two Companies

XPO Logistics Inc. plans to split into two by spinning off its logistics business in a tax-free transaction that will create a separate publicly traded company.

December 2, 2020