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BusinessTechnologyLogisticsTop 100

UPS to Upgrade Health Care-Dedicated Warehouse Network

UPS Inc. will add major upgrades to its health care-dedicated warehouse and distribution network, according to an Oct. 28 news release.

October 28, 2019
BusinessTechnologyLogisticsTop 100

FedEx E-Commerce Revamp Jolts Delivery Army by Piling on Costs

FedEx Corp.s drive to reap the rewards of e-commerce is stirring anxiety among some of the companys most important partners: the thousands of small businesses that handle its ground deliveries.

October 28, 2019
Top 100

Old Dominion Misses Wall Street Expectations With Q3 Earnings

Old Dominion Freight Line cited slowing economic growth for third-quarter financial results that declined on a year-over-year basis and missed Wall Street expectations.

October 27, 2019
BusinessTop 50Top 100

XPO Partners With Susan G. Komen

XPO Logistics Inc. said it will partner with Susan G. Komen, a nonprofit breast cancer organization, in a campaign to raise awareness about the disease.

October 25, 2019
BusinessTechnologyLogisticsAutonomousTop 100TCA

XPO Logistics Launches Partnership With MIT

GREENWICH, Conn. XPO Logistics Inc. announced Oct. 24 that it was teaming up with the Massachusetts Institute of Technology to advance innovation in its industry.

October 24, 2019
BusinessTop 100TCA

UPS Predicts Record Holiday Season

UPS Inc. says it has been preparing for what it expects to be a record-breaking holiday shipping season by building additional automated facilities and adding jets to its fleet to handle more packages as online shopping continues to grow.

October 23, 2019
BusinessLogisticsTop 100

Covenant Transportation Posts $3.2 Million Net Loss in Q3

Covenant Transportation Group Inc. reported a net loss of $3.2 million in the third quarter of 2019, compared with net income of $11.6 million in the same quarter of 2018.

October 22, 2019
BusinessEquipmentLogisticsTop 100

Layoffs Hit Stevens Tanker, Amazon Contractors

Closures and layoffs continue to vex the trucking industry in 2019, but three recent downsizings were attributed by the companies involved more to the vicissitudes of the energy, retail and final-mile industries than to a slowdown in the overall freight market.

October 22, 2019
BusinessTechnologyLogisticsAutonomousTop 100TCA

UPS, AmerisourceBergen Plan Drone Drug and Device Delivery

UPS Inc. and AmerisourceBergen, the Chesterbrook, Pa.-based drug distributor, are working together to use UPS new Flight Forward drone airline to ship drugs and supplies to hospitals through small, unmanned aircraft across the U.S.

October 22, 2019
BusinessTop 100

UPS Net Income Up 15.9%, Revenue Rises 5%

UPS Inc. reported $1.75 billion in net income in the third quarter of 2019, up 15.9% from the same period a year ago, in an earnings statement released Oct. 22.

October 22, 2019