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XPO Logistics Plans to Split Into Two Companies

XPO Logistics Inc. plans to split into two by spinning off its logistics business in a tax-free transaction that will create a separate publicly traded company.

December 2, 2020
BusinessLogisticsTop 50Top 100

FedEx to Buy ShopRunner in E-Commerce Push

FedEx Corp. has agreed to acquire ShopRunner, an e-commerce service that provides shipping for more than 100 brands, as the courier seeks to deepen its ties with online shoppers.

December 2, 2020
BusinessLogisticsTop 50Top 100

Penske Logistics to Acquire Black Horse Carriers

Penske Logistics announced it reached an agreement to acquire Chicago-based trucking company Black Horse Carriers Inc.

December 2, 2020
BusinessLogisticsTop 100

Central Freight Lines Taps Jerry Moyes as CEO

Less-than-truckload carrier Central Freight Lines Inc. announced it named Jerry Moyes CEO, effective immediately.

December 2, 2020
BusinessLogisticsTop 50Top 100

Coronavirus Likely Altered Supply Chains Permanently, XPO鈥檚 Chowdhury Says

Supply chains have changed dramatically to adapt to the coronavirus, but many of those changes may outlast the pandemic.

December 2, 2020
BusinessLogisticsTCA

CSX Agrees to Buy New England鈥檚 Pan Am Railways

CSX Corp. has agreed to buy Pan Am Railways Inc., North America鈥檚 largest regional railroad based in New England, extending CSX鈥檚 reach in Connecticut, Massachusetts and New York and adding Maine, New Hampshire and Vermont to its 23-state network.

December 2, 2020
GovernmentBusinessSafetyLogistics

DOT Makes Preparations Ahead of COVID-19 Vaccine Transport

USDOT announced Dec. 1 that it has taken regulatory measures to facilitate the safe and rapid transport of the much-anticipated COVID-19 vaccine.

December 1, 2020
BusinessLogisticsTop 100

KLLM, Pride Transport Increase Pay for Truck Drivers

KLLM Transport Services and Pride Transport joined the surge of trucking companies set to raise driver pay.

December 1, 2020
GovernmentBusinessLogistics

Maritime Shipping Industry, Asian Nations Object to EU Pollution Plan

Plans to extend the world鈥檚 biggest carbon market into shipping drew criticism from the industry and Asian nations, highlighting growing conflict over Europe鈥檚 unprecedented moves to protect the environment.

November 30, 2020
BusinessLogisticsTop 100

J.B. Hunt Acquires Mass Movement to Expand Final-Mile Offerings

J.B. Hunt Transport Services Inc. acquired the assets of Mass Movement, the company announced Nov. 30.

November 30, 2020

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