FedEx Corp. expects to grow earnings per share as much as 19% annually over the next three years by targeting high-value customers and squeezing more efficiency out of its networks.
June 29, 2022Search
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Seth Clevenger and Mike Senatore dive into the Transport Topics Top 100 list of the largest logistics companies. They address trade challenges, mergers, sector trends and more.
J.B. Hunt, Waymo Add Wayfair to Autonomous Trucking Program
J.B. Hunt Transport Services Inc. and Waymo added the home goods company Wayfair to its autonomous trucking program, the companies announced June 28.
June 28, 2022Supreme Court Declines to Hear C.H. Robinson Appeal
The U.S. Supreme Court has declined to review a federal appellate court decision involving a personal injury suit alleging that freight broker C.H. Robinson Worldwide Inc. was negligent in connection with a serious injury from an accident in 2016 involving a carrier it hired.
June 28, 2022Roadrunner Adds Five New Direct Lanes to LTL Network
Roadrunner grew its nationwide metro-to-metro service network for less-than-truckload shipments with the addition of five direct lanes, the company announced June 23.
June 28, 2022KAG Energy Expands Midwest Footprint
KAG Energy is growing its operations in the Midwest after recently securing new business in the region, the business group announced June 27.
June 27, 2022DB Schenker to Acquire USA Truck for $435 Million
USA Truck is being acquired by DB Schenker in a $435 million deal announced June 24.
June 24, 2022UPS Donates Semi-Tractor to Georgia Technical College
ALBANY, Ga. UPS Inc. has agreed to donate a semi-tractor to Albany Technical College at the Logistics Education Center on the colleges main campus.
June 24, 2022FedEx Reports Quarterly, Annual Revenue Growth
FedEx Corp. reported strong fourth-quarter and full-year earnings on June 23 that were close to meeting Wall Street expectations.
June 23, 2022FedEx Takes Delivery of 150 BrightDrop EVs
FedEx Corp. announced June 21 it received its first 150 electric delivery vehicles from BrightDrop, the technology startup from General Motors that is decarbonizing last-mile delivery.
June 21, 2022Ryder Expands Freight Brokerage Business
Ryder System Inc. is expanding its freight brokerage business with the addition of new offices, the company announced June 16.
June 17, 2022