Daniel P. Bearth
XPO Logistics Posts Record Results in Second Quarter
XPO Logistics CEO Brad Jacobs. (CNBC via YouTube)
XPO Logistics posted its best-ever second quarter as a strong economy generated demand for freight hauling and logistics services, and the company was able to capitalize on a shift toward greater outsourcing of transportation by shippers.
August 1, 2018Booming Freight Market Boosts C.H. Robinson Profits, Revenue
C.H. Robinson via YouTube
Truckers aren’t the only ones benefiting from strong freight-hauling demand.
July 31, 2018Tank/Bulk Carriers See Gains and Losses
Kenan Advantage Group
Carriers in the tank/bulk sector posted modest gains in revenue as firms dealt with positive and negative market trends. Higher prices slowed demand for fuel shipments, while increases in oil and gas drilling and production of petrochemicals boosted demand for tankers.
July 23, 2018CDL Training Gives C.R. England Executives Insight From Behind the Wheel
CEO Chad England (left) and President Josh England next to one of their company trucks. (C.R. England Inc.)
More than three dozen managers and front-office employees at C.R. England Inc. have taken classes to earn a commercial driver license at the request of CEO Chad England, who said he believes the experience of learning to drive big rigs will help the company be more responsive to the needs of drivers.
July 17, 2018Reimagining Trucking
The nation’s largest for-hire carriers are embracing new technologies and doing more to foster innovation with the goal of reducing the cost of moving freight and providing new service capabilities.
July 16, 2018Legends of LTL Gather to Remember Achievements
Executives who paved the way (from left): Bill G. Ward, Robert Young, Earl Congdon, Arthur Imperatore Sr., W.T. Cassels, Mack Dove and George Powell. (Murat Uzman)
PITTSBURGH — Charles Hammel III says he owes much of his family’s success in the trucking business to those who came before he and his brother Robert established Pitt Ohio Express in 1979.
July 13, 2018Covenant Transport Services Acquires Landair Holdings
Daniel Dubois
Covenant Transport Services has acquired Landair Holdings Inc. of Greeneville, Tenn., for $83 million in cash and the assumption of $15.5 million in debt.
July 6, 2018Lineage Logistics Acquires Warehouse in Wisconsin, Adds Four Southeast Locations
Pallets ready for loading onto trucks at the U.S. Growers Cold Storage in Ventura, Calif., one of eight warehouses purchased by Lineage Logistics in November 2017. (Stellar.net)
Lineage Logistics has acquired Service Cold Storage in Stevens Point, Wis., along with a portfolio of four leased cold-storage warehouses located in Georgia, Louisiana, South Carolina and Virginia.
June 5, 2018New Owner of Sirva Inc. Seeks to Boost Growth for Household Goods Mover
Sirva Inc. via Youtube
The new owner of Sirva Inc., the nation’s second-largest household goods mover, will try to inject new life into a business that has slumped in recent years due to changing demographics and a slowdown in business relocation activity.
May 25, 2018Metro Supply Chain Group Expands Home Delivery, Warehousing Operations in Canada
Metro Supply Chain Group has completed two acquisitions designed to boost its home delivery services and expand its warehousing and distribution operations for consumer packaged goods in Canada.
May 16, 2018