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Business, Logistics, Top 50

Americold Logistics Reports Improved Results in Second Quarter

Americold Logistics reported improved financial results for the second quarter with revenue from its temperature-controlled warehousing operations growing 2.8% and profit margins expanding by 150 basis points, or 1.5%, compared with the same period a year ago.

August 9, 2018
Business, Logistics, Top 100, Top 50

XPO Opens Final-Mile Distribution Hub in Toronto

XPO Logistics has expanded its home-delivery business in Canada with the opening of a 50,000-square-foot distribution hub in Toronto.

August 8, 2018
Business, Logistics, Top 50

Expeditors International Reports 2Q Earnings, Revenue

Air and ocean freight forwarder Expeditors International of Washington reported sharply higher profits and strong revenue growth in the second quarter of 2018.

August 7, 2018
Business, Logistics, Top 50

Pilot Freight Buys Manna, Expands Furniture Delivery

Pilot Freight Services acquired Manna Freight Systems to expand its final-mile delivery and installation services of furniture and appliances. Terms of the deal were not released.

July 20, 2018
Business, Logistics, Top 50

Trucking Stocks Roll Steady as Investors Downshift on Market

Publicly traded trucking firms have seen record-setting freight in the first half of this year but their stock prices have lagged as cautious investors pulled back from a long-running bull market and an industry that can’t find enough drivers to haul its loads.

July 12, 2018
Business, Top 50

PepsiCo Agrees to Pay $5 Million to Settle California Drivers’ Work Break Lawsuit

PepsiCo Inc. and related companies agreed to pay $5 million to settle claims that drivers didn’t receive breaks required by California law.

June 26, 2018
Business, Logistics, Top 50

South Korean Giant CJ Logistics Buys DSC Logistics

South Korea’s CJ Logistics will take majority control of Des Plaines, Ill.-based DSC Logistics in a deal expected to close in the third quarter.

June 11, 2018
Business, Logistics, Top 50

Lineage Logistics Acquires Warehouse in Wisconsin, Adds Four Southeast Locations

Lineage Logistics has acquired Service Cold Storage in Stevens Point, Wis., along with a portfolio of four leased cold-storage warehouses located in Georgia, Louisiana, South Carolina and Virginia.

June 5, 2018
Business, Logistics, Top 100, Top 50

Schneider Executive Shaleen Devgun Named Adviser to Investment Firm 8VC

The connection between Schneider, one of the nation’s largest truckload and logistics service providers, and venture capital fund 8VC is deepening with the appointment of Shaleen Devgun, chief information officer and executive vice president at Schneider, as an adviser to the San Francisco-based investment firm.

June 4, 2018
Business, Technology, Logistics, Autonomous, Top 50

DHL to Open Americas Innovation Center, Relocates Florida Facility

International logistics giant DHL has been active in the United States this spring, laying the foundation for a major marketing and education center and growing a service facility in Florida.

June 1, 2018