Hub Group announced net income of $29.2 million, or earnings per share of 87 cents, for the second quarter ended June 30, according to an earnings release.
July 30, 2019Business, Logistics, Top 50
Hub Group Reports Record Earnings Per Share for 2Q
Business, Top 50
Universal Logistics Reports 12.9% Increase in Net Income for 2Q
Universal Logistics Holdings Inc. reported net income of $20 million for its quarter ending June 29, a 12.9% increase over the same quarter last year.
July 25, 2019Business, Top 50, Top 100
J.B. Hunt Reports Mixed 2Q Results
J.B. Hunt Transport Services Inc. reported net income fell and revenue increased in the second quarter amid mixed results in its business units.
July 16, 2019Government, Business, Logistics, Top 50, Top 100
FedEx Lobs New Attack on Trade Limits as China Threat Looms
FedEx Corp. has fired a new weapon in the simmering U.S.-China trade war, suing the Trump administration to block enforcement of trade restrictions that had placed the company in Beijing’s crosshairs.
June 25, 2019Business, Logistics, Top 50
Fidelitone Expands Fulfillment Service With Purchase of Remar
Fidelitone, a Wauconda, Ill.-based warehousing and distribution firm, is expanding its order fulfillment services with the purchase of Remar Inc., the company announced June 5.
June 17, 2019Business, Logistics, Top 50
DHL Supply Chain Expands Network for Distribution of Health Care Products
DHL Supply Chain will spend $150 million to expand its network for distributing pharmaceuticals and medical devices.
June 14, 2019Business, Logistics, Top 50, Top 100
XPO Shareholders Vote Down Teamster Plan to Split CEO, Chairman Roles
A union proposal to separate the CEO and chairman positions at XPO Logistics Inc. was defeated in a May 15 vote by the company’s shareholders, who instead extended the chairmanship of XPO’s current leader.
May 21, 2019Business, Technology, Equipment, Safety, Autonomous, Top 50, Top 100
Penske Joins Autonomous Vehicle Coalition PAVE
Penske Truck Leasing has joined Partners for Automated Vehicle Education, a coalition of industry leaders that seeks to educate and assure the public about automated vehicles, according to a news release from the two organizations.
May 14, 2019Business, Logistics, Top 50
Americold Reports Revenue Rises 0.5% to $393.1 Million in 1Q
Americold Realty Trust, one of the world’s largest companies focused on temperature-controlled warehouses, on May 7 reported revenue rose in the first quarter ending March 31.
May 9, 2019Business, Logistics, Top 50
C.H. Robinson Beats Wall Street Expectations With 1Q Earnings
Freight broker and produce distributor C.H. Robinson Worldwide beat Wall Street profit expectations, even as it saw first-quarter total revenue decline 4.4% to $3.75 billion compared with $3.92 billion in the first quarter of 2018.
May 1, 2019