Daniel P. Bearth

Business, Top 100

Chipman Relocation Expands in California With Purchase of Olsen & Fielding

Chipman A Chipman trailer. (Chipman Relocation & Logistics)

Chipman Relocation & Logistics has acquired Olsen & Fielding Moving Services, a company based in Sacramento, Calif., that provides commercial and residential moving services under the Mayflower Transit banner and is a provider of moving services to the U.S. Department of Defense.

Daniel P. Bearth | Senior Staff Writer
June 18, 2019
Business, Safety, Autonomous

Humans Wanted: Self-Driving Truck Technology Firms Seek Drivers

Self-Driving Truck Technology Pima Community College and TuSimple representatives with TuSimple’s self-driving truck (right) at TuSimple’s testing and development center. (Pima Community College)

A pair of leading developers of autonomous truck technologies, TuSimple and Starsky Robotics, are looking for human drivers to help advance their businesses.

Daniel P. Bearth | Senior Staff Writer
June 13, 2019
Business, Logistics, Top 100

Wind Point Partners Acquires A&R Logistics

A&R Logistics An A&R Logistics truck. (John Sommers II for Transport Topics)

Wind Point Partners, a Chicago-based private equity investment firm, has acquired A&R Logistics and will partner with management to expand the company’s business and make additional acquisitions, according to a statement issued May 7.

Daniel P. Bearth | Senior Staff Writer
May 8, 2019
Business, Equipment, Logistics

Ryder System Posts Robust First Quarter, Boosts Profit Forecast for 2019

Ryder truck Ryder says it expects earnings for the full year to be in the range of $5.28 to $5.58 a share, an increase from previous forecasts. (John Sommers II for Transport Topics)

Ryder System posted higher earnings and strong sales growth in its dedicated and supply chain solutions businesses for the first quarter of 2019.

Daniel P. Bearth | Senior Staff Writer
May 3, 2019

XPO Logistics Sets New Growth Targets After Setbacks in 2018

XPO truck XPO said net income attributable to common shareholders was $47 million, or 40 cents a share, in the three months ended March 31, compared with $73 million, or 56 cents a share, in the same period a year ago. (XPO Logistics Inc.)

XPO Logistics reported lower profits and overall flat revenue in the first quarter of 2019, but the company’s CEO drew an optimistic picture of the business going forward with $1.1 billion in new business added so far this year and more than $4 billion in active bids in its sales pipeline.

Daniel P. Bearth | Senior Staff Writer
May 1, 2019

C.R. England Settles Lawsuit Over Lease-to-Own Program

C.R. England A C.R. England truck. (John Sommers II for Transport Topics)

C.R. England Inc. has reached a $37.8 million settlement with a group of drivers who claim the company fraudulently recruited them to participate in a truck lease-to-own program and then saddled them with high-interest loans that made it difficult to succeed.

Daniel P. Bearth | Senior Staff Writer
April 29, 2019
Business, Technology, Equipment, Safety, Fuel

BASF, Trimac Invest in New Bulk Freight-Matching Platform Bulky

Bulky Nathan Myer stands in front of a company banner. (Bulky)

The world’s largest chemical shipper and one of the largest bulk carriers in North America are investing $1 million in what they say is the first digital freight-matching network for shipping liquid bulk commodities by truck.

Daniel P. Bearth | Senior Staff Writer
April 24, 2019

Apollo Offers $1.1 Billion to Buy Back Smart & Final Stores

Smart & Final A Smart & Final store in West Los Angeles, Calif. (WikiMedia)

Apollo Global Management is getting back into the grocery business in a big way.

Daniel P. Bearth | Senior Staff Writer
April 22, 2019
Business, Technology, Logistics, Top 50

How Consolidation and Freight Networks Are Disrupting the Logistics Landscape

Employees at C.H. Robinson. (Photo courtesy of Steven A. Smith)

Logistics companies are employing new business strategies to adapt to an ever-changing market.

Daniel P. Bearth | Senior Staff Writer
April 8, 2019
Business, Logistics, Top 50

Is Amazon a Logistics Company? All Signs Point to That

Amazon Warehouse An employee packs a box at the Amazon.com fulfillment center in Robbinsville, N.J. (Michael Nagle/Bloomberg News)

Should Amazon.com be considered one of the largest logistics companies in North America? The answer, according to most industry observers, is yes. And how big is that business? That question, unfortunately, can’t be answered definitively, at least not yet.

Daniel P. Bearth | Senior Staff Writer
April 8, 2019