XPO Logistics Inc. has terminated Chief Operating Officer Ken Wagers, a high-profile executive hired away from Amazon.com less than a year ago, according to an XPO filing with the Securities and Exchange Commission on March 11.
March 11, 2019Latest News Updates From Daniel P. Bearth
XPO Logistics Terminates COO Ken Wagers
Walmart Expands Private Fleet Delivery, Adds New Intermodal Service
Walmart has begun expanding the scope and capabilities of its private fleet, taking over store distribution from dedicated contract carriers at facilities in Maine, Indiana and Ohio, while also adding a new intermodal service using a proprietary container design and company drivers to provide drayage service.
February 27, 2019Americold Completes First Year as Public Company With Solid Financial Results
Warehouse operator Americold completed its first year as a public company by reporting solid gains in revenue and higher operating profits in the fourth quarter of 2018.
February 21, 2019Amazon.com 'Insourcing' Roils Freight Industry, Analysts Say
Amazon.com Inc.鈥檚 role in the shuttering of New England Motor Freight and the 鈥渂ody blow鈥 dealt to XPO Logistics Inc. is raising alarms for trucking and logistics firms that do business with, or compete against, the popular online retailer.
February 21, 2019U.S. Xpress Opens Unique Driver Training Center
Truckload carrier U.S. Xpress has opened a driver training center in Tunnel Hill, Ga., that is unlike any other.
February 21, 2019Wheaton Van Lines Acquires Stevens Worldwide
Wheaton Van Lines is acquiring Stevens Worldwide Van Lines, adding a fourth household goods moving company to its corporate holdings.
February 20, 2019XPO Logistics Reports Disappointing Earnings
XPO Logistics reported disappointing earnings for the fourth quarter of 2018 and lowered its guidance for 2019 due, in large part, to a sharp drop-off in shipments from its largest customer 鈥 believed to be Amazon.com.
February 14, 2019New England Motor Freight Shutdown Shakes Less-Than-Truckload Freight Market
In a move sure to shake up the regional less-than-truckload freight market in the Northeast and Mid-Atlantic states, New England Motor Freight filed for bankruptcy Feb. 11 and said it intends to wind down all of its trucking operations.
February 12, 2019U.S. Xpress Enterprises' Efficiency Moves Pay Off
Efforts by dry van truckload carrier U.S. Xpress Enterprises to boost profits by improving the efficiency of its trucking operations are paying off.
February 8, 2019Forward Air Achieves Record Revenue, Profits in 4Q
Forward Air Corp. turned in its best-ever fourth quarter and full year in 2018 with profits topping expectations and revenue increasing across most of its freight service lines.
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