Daniel P. Bearth

Business, Logistics, Top 50

2019 Top 50 Logistics Companies

XPO Logistics truck With XPO putting a hold on acquisitions, others have taken the opportunity to challenge the company for logistics supremacy. (TT File Photo)

XPO Logistics remains ­firmly entrenched atop Transport Topics' 2019 Top 50 Logistics Companies rankings after a meteoric rise fueled by a string of high-profile acquisitions over the last eight years. Read about the full rankings.

Daniel P. Bearth | Senior Staff Writer
April 8, 2019
Government, Business, Top 100

Three Former Roadrunner Executives Charged With Fraud

Roadrunner Executives A Roadrunner trailer at a loading dock in Two Rivers, Wis. (Jason Miller/Flickr)

The Securities and Exchange Commission has formally charged the former chief financial officer and two of his associates at Roadrunner Transportation Systems with accounting fraud and misleading investors about the company’s financial results.

Daniel P. Bearth | Senior Staff Writer
April 4, 2019
Business, Logistics, Top 50

Cynosure Invests in Visible Supply Chain Management

Visible Visible CEO Jared Starling was selected as a 2019 Utah Business CEO of the Year. (Visible Supply Chain Management via YouTube)

Visible Supply Chain Management has received an unspecified equity investment in its business from The Cynosure Group, an investment firm controlled by the Eccles family in Salt Lake City, according to a statement released April 3.

Daniel P. Bearth | Senior Staff Writer
April 4, 2019
Business, Fuel

Grammer Industries Acquires Sterling Transport Co.

Grammer Grammer Industries Inc.

Grammer Industries Inc. announced it has acquired North Vass, N.C.-based Sterling Transport Co.

Daniel P. Bearth | Senior Staff Writer
April 2, 2019
Business, Logistics

MIQ Logistics Agrees to Buyout by Spanish Firm Noatum

MIQ Logistics Noatum Maritime via YouTube

Global freight forwarder MIQ Logistics will become part of Noatum Logistics, a unit of Noatum Maritime Services in Madrid, according to a definitive agreement announced March 21.

Daniel P. Bearth | Senior Staff Writer
March 27, 2019
Business

Trucking Company Owner Joseph Lipsey III Relinquishes Control After Arrest, Drug Charges

Joseph Lipsey III Lipsey trucks. (Lipsey Trucking via Facebook)

The owner of Lipsey Logistics and Lipsey Trucking has relinquished control of the business after being arrested on drug charges at his home in Colorado.

Daniel P. Bearth | Senior Staff Writer
March 26, 2019
Business, Logistics, Top 100

Teamsters, YRC Strike Tentative Deal on Labor Contract

YRC Worldwide truck YRC Worldwide Inc.

The chief negotiator for the Teamsters union announced that a tentative accord has been reached with YRC Worldwide for a new collective bargaining agreement covering 24,000 drivers and freight handlers at YRC Freight, one of the nation’s largest less-than-truckload carriers, and two of YRC’s regional freight carriers, New Penn Motor Express and USF Holland.

Daniel P. Bearth | Senior Staff Writer
March 22, 2019
Business, Logistics, Top 100

FedEx Earnings Take a Hit as International Shipping Slows

FedEx warehouse Mark Lennihan/Associated Press

FedEx Corp. reported higher revenue but lower profits in the third quarter of fiscal 2019 and cut its earnings forecast for the remainder of the year.

Daniel P. Bearth | Senior Staff Writer
March 19, 2019
Business, Logistics

XPO Logistics Terminates COO Ken Wagers

XPO Logistics has terminated COO Ken Wagers Wagers via XPO Logistics; Ann Arbor headquarters by Transport Topics

XPO Logistics Inc. has terminated Chief Operating Officer Ken Wagers, a high-profile executive hired away from Amazon.com less than a year ago, according to an XPO filing with the Securities and Exchange Commission on March 11.

Daniel P. Bearth | Senior Staff Writer
March 11, 2019
Business, Logistics, Top 100

Walmart Expands Private Fleet Delivery, Adds New Intermodal Service

Walmart Walmart Inc.

Walmart has begun expanding the scope and capabilities of its private fleet, taking over store distribution from dedicated contract carriers at facilities in Maine, Indiana and Ohio, while also adding a new intermodal service using a proprietary container design and company drivers to provide drayage service.

Daniel P. Bearth | Senior Staff Writer
February 27, 2019

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