Top 100

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Business, Technology, Logistics, Top 100

RXO Becomes Third-Largest Freight Broker With Coyote Deal

RXO has finalized its $1.025 billion acquisition of Coyote Logistics from UPS, a move that makes RXO the third-largest provider of brokered transportation in North America.

September 16, 2024
Business, Logistics, Global Freight, Top 100, Top 50

DSV Buys DB Schenker for $15.9B, Creating Logistics Giant

DSV, founded by 10 Danish truckers in the 1970s, has grown through a string of acquisitions in the fragmented transport industry, including buying targets that were larger than itself.

September 13, 2024
Business, Technology, Logistics, Global Freight, Top 100, Top 50

Amazon to Boost Contract Driver Pay to Nearly $22 an Hour

Amazon.com Inc. plans to spend an additional $2.1 billion on its contract delivery program, including safety programs, training and additional pay for the contracting firms.

September 12, 2024
Business, Private, Top 100

Kroger Ups Full-Year Sales Forecast on Grocery Spending

Kroger Co. lifted its full-year sales guidance as the grocery-store operator benefits from consumers prioritizing spending on groceries and other essentials.

September 12, 2024
Business, Equipment, For-Hire, Top 100

Yellow Submits Final Chapter 11 Plan, Seeks Creditor Deal

The administrators are disputing the size of withdrawal liability claims from Central States Pension Fund and other multiemployer pension funds.

September 5, 2024
Business, Private, Top 100

Private Fleets Ship Record 75% of Owners’ Outbound Freight

Prior to the past two years, the in-house market share had remained steady at the 67% level throughout the survey’s history, NPTC said.

September 5, 2024
Business, Safety, For-Hire, Top 100

Truck Driver Pay Drops 7.4% in Q2 as Freight Keeps Slumping, Reports Say

The trucking industry continued to experience a decline in driver compensation during the second quarter, with much of that led by lackluster starting pay.

August 29, 2024
Business, For-Hire, Top 100

Mike Gannon Appointed to Lead CRST

CRST has appointed Mike Gannon as its newest president and CEO, the company announced Aug. 23.

August 23, 2024
Government, Business, Logistics, Global Freight, Top 100, Top 50

CVC and DSV Compete in $15.6B Bid for DB Schenker Unit

Deutsche Bahn is currently evaluating the final offers and needs to discuss with the government on CVC’s proposal.

August 23, 2024
Business, Technology, Equipment, Fuel, Logistics, Global Freight, Top 100, Top 50

DSV Orders 300 Electric Trucks in Major Volvo Deal

Logistics firm DSV plans to buy 300 electric heavy trucks from Volvo AB in what would be one of the largest commercial orders to date for the Swedish manufacturer’s battery-powered rigs.

August 23, 2024