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UPS Net Income Up 15.9%, Revenue Rises 5%

UPS Inc. reported $1.75 billion in net income in the third quarter of 2019, up 15.9% from the same period a year ago, in an earnings statement released Oct. 22.

October 22, 2019

Dependable Supply Chain Services Adds Two Orange EV Tractors to Increase Sustainability

ONTARIO, Calif. — Dependable Supply Chain Services has deployed two electric terminal trucks from Orange EV at its facility here.

October 18, 2019

Former GE Executive Aris Kekedjian Appointed to XPO Logistics Board

Transportation and logistics giant XPO Logistics has announced the appointment of Aris Kekedjian, a longtime GE executive, to its board of directors.

October 18, 2019

J.B. Hunt’s Net Income Rises but Misses Earnings Expectations

J.B. Hunt Transport Services Inc. saw net income rise for the period ended Sept. 30, but the Lowell, Ark.-based carrier missed Wall Street earnings expectations.

October 17, 2019

FedEx Files $212 Million Building Permit for World Hub in Tennessee

MEMPHIS, Tenn. — FedEx officials confirm the company has filed a building permit for its new package sorting facility and world hub in Tennessee.

October 17, 2019

FedEx Freight to Expand 91ĘÓƵ, Business Deliveries in US

FedEx Freight is expanding its FedEx Freight Direct e-commerce pilot to more than 80% of the contiguous population of the United States, following expansion of the program to additional markets earlier this year.

October 15, 2019

Retailers, Logistics Firms Establish Warehouses Closer to Cities

Retailers and logistics firms are establishing warehouses closer to large urban centers to keep up with rising consumer demand for faster delivery of products ordered online, industry experts said.

October 15, 2019

UPS Invests $450 Million in CNG Trucks, Stations

UPS Inc. announced it will spend $450 million to add 6,000 vehicles powered by compressed natural gas as well as supporting infrastructure beginning next year.

October 9, 2019

Penske Truck Leasing Adds Terminal Tractor to Its EV Fleet

Penske Truck Leasing is growing its electric vehicle fleet with the addition of the Kalmar Ottawa Electric Terminal Tractor (T2E).

October 8, 2019