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FedEx Rides E-Commerce to $21.5 Billion Third Quarter

The continued yearlong surge in e-commerce brought on by the COVID-19 pandemic sent FedEx鈥檚 year-over-year fiscal third-quarter net revenue up 23% to $21.5 billion, compared with $17.4 billion in the same period in 2020.

March 18, 2021
BusinessLogisticsBreaking NewsTop 50

XPO Sets GXO Logistics as Name of New Spinoff Company

XPO Logistics has selected GXO Logistics as the name of the stand-alone logistics company that it will spin off from its larger operation later this year.

March 18, 2021
BusinessTechnologyEquipmentFuelTop 50Top 100

Trucking Industry Making Strides Toward Electrification

Original equipment manufacturers, shippers and environmental activist groups are aligning behind the promised benefits of zero-emission trucks, and are encouraging the trucking industry to accelerate adoption of vehicles powered by alternatives to diesel.

March 11, 2021
BusinessTechnologySafetyLogisticsTop 50

COVID-19 Exposes Cold Chain Problems, Solutions

The coronavirus pandemic has presented new challenges and opportunities for innovation in cold chain shipments.

March 2, 2021
GovernmentBusinessLogisticsTop 50Top 100

UPS Expects 40% Jump in Vaccine Doses Next Week, Peak in May

UPS Inc. and FedEx Corp. are ramping up vaccine distribution, with plans for additional gains if Johnson & Johnson鈥檚 inoculation is cleared by U.S. regulators.

February 25, 2021
BusinessLogisticsTop 50

Kuehne + Nagel Buys Apex Logistics in $1.5 Billion Deal

Kuehne + Nagel International AG has agreed to acquire Apex International Corp. in a deal that values the freight forwarder at about $1.5 billion, according to people familiar with the matter.

February 22, 2021
GovernmentBusinessLogisticsTop 50

US Steps Up Heat on Container Carriers to Ease Port Congestion

U.S. regulators stepped up the heat on ocean shipping companies and the seaport terminals some of them operate, seeking to smooth the disrupted flow of containers that are swamping America鈥檚 biggest ports and wreaking havoc on the nation鈥檚 strained supply chains.

February 18, 2021
LogisticsTop 50

Does Your Business Belong on Our List of Top 50 Logistics Companies?

There's only a short time left to submit for our 2021 Top 50 Logistics publication.

February 10, 2021
BusinessLogisticsTop 50

Chinese Package-Delivery Firm SF Holding Eyes Stake in Kerry Logistics

SF Holding Co., one of the largest Chinese package-delivery services, is exploring a potential investment in tycoon Robert Kuok鈥檚 listed logistics business, people with knowledge of the matter said.

February 4, 2021
BusinessTechnologyLogisticsTop 50Top 100

UPS Gives Old Jets New Life

Imagine ripping out the dashboard of your 20-year-old minivan and replacing it with the high-tech controls from a Tesla.

February 4, 2021