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Business, Technology, Logistics, Top 100

Uber Freight Launches Capacity-as-a-Service Platform

A capacity-as-a-service platform, Broker Access is designed to boost productivity, service levels and business growth for brokers, Uber Freight said.

November 15, 2024
Business, Logistics, For-Hire, Top 100

Kuehne + Nagel Acquires Majority Stake in IMC Logistics

Kuehne + Nagel, a Switzerland-based global transportation and logistics company, acquired a majority stake in marine drayage provider IMC Logistics, it announced Nov. 14.

November 14, 2024
Business, Private, Top 100

JBS Profit Surges to Two-Year High on Booming Chicken Demand

JBS, the biggest global meat producer, is reaping the benefits of a world that鈥檚 eating more chicken, sending demand surging and helping the company post its best quarterly profit in two years.

November 13, 2024
Business, Logistics, For-Hire, Top 100

TFI Buys Manitoba-Based TL, LTL Carrier Keystone Western

TFI International bought truckload and less-than-truckload carrier Keystone Western for an undisclosed sum, the company said in a LinkedIn post.

November 13, 2024
Business, Logistics, For-Hire, Top 100

PS Logistics Unit Buys Louisiana Flatbed Carrier Fluker

Since 2016, Birmingham, Ala.-based PS Logistics has acquired 27 trucking operations and five non-asset-based logistics operations in the U.S.

November 12, 2024
Business, Logistics, For-Hire, Top 100

Intermodal Load Growth Cushions Hub Group Q3 Profit Decline

Hub Group profit and revenue fell in Q3 2024, but intermodal load growth mitigated the damage and the carrier鈥檚 top executive is becoming more optimistic about the freight environment.

November 7, 2024
Business, Logistics, For-Hire, Top 100

Schneider Q3 Revenue, Profit Decline in Weak Freight Market

The company's results missed expectations from investment analysts on Wall Street, who had been looking for earnings per share of 23 cents and quarterly revenue of $1.33 billion.

November 6, 2024
Business, Logistics, Top 100

Lineage Prepares for First Post-IPO Earnings Report

Wall Street expects the company to report $1.3 billion in revenue and an adjusted diluted loss per share of $1.73 for the quarter that ended in September.

November 5, 2024
Business, Logistics, For-Hire, Top 100

Forward Air Revenue Soars 92%; Net Loss Hits $34M

The Tennessee-based ground transportation and logistics services provider posted a net loss of $34.2 million, or negative $2.62 a diluted share, for the three months ending Sept. 30.

November 5, 2024
Business, Logistics, Global Freight, Top 100, Top 50

Amazon Exceeds Profit Forecasts, Predicts Q4 Sales Surge

鈥淎s we get into the holiday season, we鈥檙e excited about what we have in store for customers,鈥 CEO Andy Jassy said in a statement.

October 31, 2024