Top 50
UPS Reports Strong Third-Quarter Gains
UPS Inc.’s strategy to focus on more profitable segments of the shipping business paid off in the third quarter as its revenue per item shipped rose 13% and earnings climbed.
XPO Logistics Opens New LTL Hub in Chicago Area
XPO Logistics Inc. opened a new less-than-truckload service center in the Chicago area, the company announced Oct. 18.
October 18, 2021Greenbriar Reportedly Considers Sale of BDP International
Greenbriar Equity Group is exploring a sale of BDP International that could value the logistics company at more than $1.5 billion including debt, people with knowledge of the matter said.
October 8, 2021GXO, Abercrombie & Fitch to Open Automated Distribution Center
GXO Logistics and Abercrombie & Fitch Co. announced an agreement Oct. 6 to open a new distribution center that will blend traditional staffing with automation.
C.H. Robinson Releases Spot Market Navigation Tool
C.H. Robinson launched a new tool to help businesses navigate spot market costs, the company announced Sept. 20.
J.B. Hunt Celebrates 60 Years in Business
J.B. Hunt Transport Services marked its 60th anniversary last month during a virtual event that included a company founder.
September 10, 2021Echo Global Logistics to Go Private in $1.3 Billion Buyout
Echo Global Logistics has entered a definitive agreement to be acquired by global private equity firm The Jordan Co., the companies announced Sept. 10.
Deutsche Post to Buy Logistics Firm Hillebrand for $1.8 Billion
Deutsche Post AG has agreed to acquire German logistics company Hillebrand for about 1.5 billion euros ($1.8 billion).
GlobalTranz, Worldwide Express Chart Course After Merger
The recent merger of GlobalTranz Enterprises and Worldwide Express is still in the getting-to-know-you phase and steps are being discussed to become fully integrated, executives from both companies said.
XPO Logistics Spinoff GXO Officially Goes Public
XPO Logistics Inc.'s completion of its spinoff of GXO Logistics Inc. as a publicly traded pure-play contract logistics provider culminated with GXO officials ringing the New York Stock Exchange opening bell Aug. 2.