XPO Logistics' upcoming spinoff, GXO Logistics, has priced an offering of $800 million on investments notes with registration rights, the company announced June 17.
June 18, 2021Search
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Transportation Companies Prepare for Hurricane Season
Summer means the start of hurricane season in the Atlantic Ocean and many of the world’s biggest transportation companies are taking steps to prepare for what some forecasters say could once again be above-average activity along the Atlantic Coast and the Gulf of Mexico.
June 17, 2021About Us: 2021 Transport Topics Top 100 For-Hire Carriers
This annual publication ranks companies based on annual revenue and includes a listing of operating units and description of services, names of top executives and type of ownership, plus data on the number of employees and equipment.
June 18, 2021Unveiling the 2021 Top 100 For-Hire Carriers
The trucking firms that appear on the 2021 Transport Topics Top 100 For-Hire Carriers list are split nearly evenly between companies that reported a revenue decline in 2020 and those that still managed to grow during the year of COVID-19.
June 18, 2021Trucking Turns From Pandemic to Prosperity
After navigating the disruption and uncertainty wrought by the coronavirus pandemic last year, the trucking industry has entered a historically strong business environment that many analysts expect to endure for the rest of 2021 and beyond.
June 18, 2021Manager’s Road Back to Baseball Took a Trucking Turn
Phillip Wellman is a baseball lifer, but a stint as a trucking fleet manager left an indelible impression.
June 8, 2021UPS Launches End-to-End Cold Chain Solutions
UPS is taking the lessons learned from the coronavirus pandemic to expand its specialty pharmaceutical offerings by establishing UPS Cold Chain Solutions, a suite of technologies, capabilities and global facilities that incorporates those lessons into an integrated logistics platform, the company announced May 24.
May 26, 2021CSX to Acquire Quality Carriers
Class I railroad CSX Corp. is acquiring bulk liquid carrier Quality Carriers Inc. in a deal that expands the railroad’s footprint in the United States, Canada and Mexico.
May 12, 2021Daseke Reports Improved Q1 Earnings
Flatbed carrier Daseke Inc. reported that its first-quarter net loss narrowed by more than half compared with year-ago levels.
May 10, 2021Hub Group Reports Q1 Revenue, Profit Gains
Hub Group posted large first-quarter gains in profits and revenue, reflecting a strong freight market.
May 6, 2021