Daniel P. Bearth

Business, Logistics, Top 50

Americold Completes First Year as Public Company With Solid Financial Results

Americold facility in Mableton, Ga. An Americold facility in Mableton, Ga. (Chris Rank/Bloomberg News)

Warehouse operator Americold completed its first year as a public company by reporting solid gains in revenue and higher operating profits in the fourth quarter of 2018.

Daniel P. Bearth | Senior Staff Writer
February 21, 2019
Business, Logistics

Amazon.com 'Insourcing' Roils Freight Industry, Analysts Say

Amazon Prime truck Amazon.com

Amazon.com Inc.’s role in the shuttering of New England Motor Freight and the “body blow” dealt to XPO Logistics Inc. is raising alarms for trucking and logistics firms that do business with, or compete against, the popular online retailer.

Daniel P. Bearth | Senior Staff Writer
February 21, 2019
Business, Safety

U.S. Xpress Opens Unique Driver Training Center

U.S. Xpress The new U.S. Xpress facility. (U.S. Xpress)

Truckload carrier U.S. Xpress has opened a driver training center in Tunnel Hill, Ga., that is unlike any other.

Daniel P. Bearth | Senior Staff Writer
February 21, 2019
Business, Logistics

Wheaton Van Lines Acquires Stevens Worldwide

Wheaton Van Lines

Wheaton Van Lines is acquiring Stevens Worldwide Van Lines, adding a fourth household goods moving company to its corporate holdings.

Daniel P. Bearth | Senior Staff Writer
February 20, 2019
Business, Logistics, Top 50, Top 100

XPO Logistics Reports Disappointing Earnings

XPO Logistics truck XPO Logistics via YouTube

XPO Logistics reported disappointing earnings for the fourth quarter of 2018 and lowered its guidance for 2019 due, in large part, to a sharp drop-off in shipments from its largest customer — believed to be Amazon.com.

Daniel P. Bearth | Senior Staff Writer
February 14, 2019
Business, Top 100

New England Motor Freight Shutdown Shakes Less-Than-Truckload Freight Market

New England Motor Freight A NEMF driver in training. (Timmy Shigley via YouTube)

In a move sure to shake up the regional less-than-truckload freight market in the Northeast and Mid-Atlantic states, New England Motor Freight filed for bankruptcy Feb. 11 and said it intends to wind down all of its trucking operations.

Daniel P. Bearth | Senior Staff Writer
February 12, 2019
Business, Logistics, Top 100

U.S. Xpress Enterprises' Efficiency Moves Pay Off

U.S. XPress truck drives by headquarters TT file photo

Efforts by dry van truckload carrier U.S. Xpress Enterprises to boost profits by improving the efficiency of its trucking operations are paying off.

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

Forward Air Achieves Record Revenue, Profits in 4Q

Forward Air John Sommers II for Transport Topics

Forward Air Corp. turned in its best-ever fourth quarter and full year in 2018 with profits topping expectations and revenue increasing across most of its freight service lines.

Daniel P. Bearth | Senior Staff Writer
February 7, 2019
Business, Logistics

Hub Group Revenue Tops $1 Billion in Fourth Quarter

Hub intermodal train Hub Group

Intermodal and logistics service provider Hub Group reported revenue topping $1 billion and higher profits in the fourth quarter of 2018.

Daniel P. Bearth | Senior Staff Writer
February 7, 2019
Business, Logistics

Americold Acquires PortFresh Warehouse, Plans Port of Savannah Expansion

An Americold cold-storage warehouse An Americold cold-storage warehouse. The $35 million acquisition of PortFresh will increase Americold's footprint at the Port of Savannah in Georgia. (Americold)

Cold storage warehouse operator Americold acquired PortFresh Holdings in Savannah, Ga., and said it will build a 15 million-square-foot cold storage facility on an adjacent site as part of a move to increase the firm’s share of the market for food imports and exports at the Port of Savannah.

Daniel P. Bearth | Senior Staff Writer
February 7, 2019

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