Ceva Logistics has opened a customer distribution center with home-furnishings retailer Ikea in Staten Island, N.Y., according to a news release.
March 11, 2019Search
Showing 10 of 302 results
= Premium Content
C.H. Robinson Acquires Spanish Freight Forwarder Space Cargo Group
C.H. Robinson Worldwide, in a move to bolster its international freight business, has purchased The Space Cargo Group, a company based in Madrid that provides freight forwarding, customs brokerage and other logistic services in Spain and Colombia, for $48 million in cash.
March 1, 2019Americold Completes First Year as Public Company With Solid Financial Results
Warehouse operator Americold completed its first year as a public company by reporting solid gains in revenue and higher operating profits in the fourth quarter of 2018.
February 21, 2019XPO鈥檚 Brad Jacobs Hits Brakes on M&As
After building a fortune and several businesses by buying company after company, XPO Logistics Inc. CEO Brad Jacobs is abandoning acquisitions, a principal reason many investors bought into the stock.
February 19, 2019XPO Denies Memphis Plant Closing Is Retaliation
XPO Logistics Inc. confirmed Feb. 14 that it will close a facility in Memphis, Tenn., where some employees have made allegations of pregnancy discrimination and sexual harassment, and the next day CEO Brad Jacobs said a customer's request prompted the decision.
February 19, 2019Montreal Firm FLS Transportation Services Acquires Scott Logistics
FLS Transportation Services, a Montreal-based 3PL, has announced the acquisition of Scott Logistics Corp., a freight broker headquartered in Georgia.
February 15, 2019XPO Logistics Reports Disappointing Earnings
XPO Logistics reported disappointing earnings for the fourth quarter of 2018 and lowered its guidance for 2019 due, in large part, to a sharp drop-off in shipments from its largest customer 鈥 believed to be Amazon.com.
February 14, 2019Redwood Logistics Acquires Strive Logistics
Redwood Logistics said it is acquiring Strive Logistics, a move that will create a multimodal freight brokerage firm with more than $1 billion in freight under management.
February 13, 2019Werner Enterprises Posts Record Results
Werner Enterprises produced record revenue and higher profits in the fourth quarter of 2018 as a strong economy fueled demand for both its trucking and logistics services.
February 7, 2019FitzMark Acquires Reliable Source Logistics
Two Indianapolis-based freight brokerage firms, FitzMark Inc. and Reliable Source Logistics, are joining forces in a quest to build a global 鈥渓ogistics powerhouse,鈥 company officials said.
February 5, 2019