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RXO Sees 70% Q4 Revenue Growth, Boosted by Coyote Deal

But the Charlotte, N.C.-based asset-light transportation provider posted a net loss of $20 million, or negative 12 cents a diluted share, for the three months ending Dec. 31.

February 5, 2025

ArcBest Sees Profit, Revenue Declines in Q4 2024

The Fort Smith, Ark.-based logistics company posted net income of $29 million, or $1.24 a diluted share, for the three months ending Dec. 31.

January 31, 2025

C.H. Robinson Reports 382% Earnings Jump for Q4

The Eden Prairie, Minn.-based logistics and shipping company on Jan. 29 posted net income of $149.3 million, or $1.22 a diluted share, for the three months ending Dec. 31.

January 30, 2025

Whole Foods CEO Buechel Named Amazon’s Grocery Chief

Buechel, a former management consultant, joined Whole Foods in 2013, and led efforts to unify the formerly decentralized chain’s technology and record-keeping systems.

January 28, 2025

Covenant Logistics Q4 Profit Slides on Helene, Higher Costs

Covenant reported a profit of $6.7 million or earnings per diluted share of 24 cents in Q4, just over half the $12.8 million or 47 cents per diluted share profit posted in Q4 2023.

January 27, 2025

J.B. Hunt Ends 2024 With Slight Revenue Decline

The Lowell, Ark.-based carrier ended the year slightly behind where it was during the prior fourth quarter amid efforts to reinvest and improve operations, the company reported Jan. 16.

January 17, 2025

AIT Buys St. Louis-Based Freight Forwarder Krupp Trucking

Krupp specializes in the transportation of high-value goods, with AIT keen to add the company’s technology logistics sector operations to its portfolio, it said.

January 8, 2025

Walmart Stock Soars 82% in 2024, Leading Retail Industry

Analysts are betting that further market-share gains and increased profit contributions from Walmart’s higher-margin ancillary businesses will extend the stock’s rally.

December 18, 2024

Fleets Navigate the Challenges of Driver Acceptance of ADAS

Trucking experts say getting drivers to buy in to advanced driver assistance systems technology is key to making sure it is being correctly used.

December 13, 2024

Trucking, Logistics Experience Another Strong Holiday Season

The National Retail Federation reported that a near-record 197 million people shopped between Thanksgiving and Cyber Monday.

December 12, 2024