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Business, Logistics, Top 50

DHL Owner Deutsche Post Reaps Profit Boost as Virus Spurs Demand

Deutsche Post AG reported record earnings as its DHL express-delivery arm benefited from a surge in home shopping spurred by the coronavirus crisis.

January 12, 2021
Business, Safety, Top 50, Top 100

XPO Logistics Partners With Truckers Against Trafficking

XPO Logistics Inc. announced Jan. 11 that it has formed a partnership with Truckers Against Trafficking in an effort to combat the crime.

January 12, 2021
Business, Logistics, Top 50

XPO Names Leadership Team for New Logistics Business

XPO Logistics Inc. on Jan. 12 announced the senior leadership team for the upcoming spinoff of its logistics segment.

January 12, 2021
Business, Logistics, Top 50

Amware CEO Outlines Moulton Logistics Acquisition

Amware Fulfillment CEO Harry Drajpuch detailed Jan. 5 how the recent acquisition of Moulton Logistics helps bolster ongoing growth strategies.

January 6, 2021
Business, Logistics, Top 50

Maersk Says Record Shipping Rates Unlikely to Have Peaked Yet

A.P. Moller-Maersk A/S, the world’s largest container carrier, is working at full capacity and can’t yet see a peak in freight rates that have already been propelled to record highs by pandemic consumer spending.

January 6, 2021
Business, Logistics, Top 50

Lineage Logistics Acquires Refrigerated Rail Company Cryo-Trans

Cold-storage specialist Lineage Logistics is branching into rail.

January 5, 2021
Business, Logistics, Top 50, Top 100

XPO Finishes Acquisition of Kuehne + Nagel’s European Logistics

XPO Logistics has completed its acquisition of the majority of Swiss firm Kuehne + Nagel’s European logistics, the company announced Jan. 4.

January 4, 2021
Business, Technology, Logistics, Top 50, Top 100

J.B. Hunt Adds Temperature-Controlled Services to Tech Platform

J.B. Hunt Transport Services Inc. announced the availability of temperature-controlled transportation services within its Shipper 360 by J.B. Hunt technology platform.

December 18, 2020
Business, Logistics, Top 50, Top 100

FedEx Reports Record FY Q2 Net Sales of $20.5 Billion

The global surge in e-commerce brought on by the coronavirus pandemic combined with online holiday shopping sent net quarterly sales for FedEx Corp. above $20 billion for the first time in its history, and led to an increase in net income as well, the company reported Dec. 17.

December 17, 2020
Government, Business, Safety, Logistics, Top 50, Top 100

FedEx, UPS Tell Senators of Vaccine Distribution Readiness

Two of the country’s largest freight firms reassured federal lawmakers of their preparedness in helping to deliver COVID-19 vaccines as early as this month.

December 8, 2020