Business, Top 50

Americold Posts 3Q Profit

Global warehouse operator Americold reported net income of $24.5 million, or 17 cents a share, in the third quarter, compared with a net loss of $11.9 million, or 17 cents a share, in the same period a year ago. Revenue increased 3.2% to $402 million in 2018 from $389.5 million in 2017.

Daniel P. Bearth | Staff Writer
November 9, 2018
Business

Roadrunner Reports Third-Quarter Loss as Turnaround Effort Continues

Roadrunner Transportation Systems released financial results for the third quarter that included a net loss of $41.6 million as the Downers Grove, Ill.-based company continues to battle back from an accounting scandal and the departure of several key executives, some of whom are now facing federal charges of securities fraud for misrepresenting the company’s finances to investors over several years.

Daniel P. Bearth | Staff Writer
November 7, 2018
Business, Logistics

Intermodal Shipments Up 4.7% in Third Quarter

Intermodal shipments grew 4.7% in the third quarter as companies stepped up imports ahead of promised U.S. tariffs on foreign goods and domestic shippers shifted from highway to rail in response to rising freight rates and constraints on truck capacity.

Daniel P. Bearth | Staff Writer
November 6, 2018
Business, Logistics, Top 50

Expeditors International Posts Record Profits, Net Revenue in 3Q

Expeditors International of Washington Inc. achieved record profits and net revenue in the third quarter as the Seattle-based air and ocean freight forwarder benefited from lower taxes and kept ahead of rising transportation costs in a tight-capacity market.

Daniel P. Bearth | Staff Writer
November 6, 2018
Business, Logistics, Top 50, Top 100

Hub Group to Acquire Retail Consolidation Specialist CaseStack

Hub Group has agreed to acquire CaseStack Inc. for $255 million as part of a strategy to expand and diversify its transportation service offerings.

Daniel P. Bearth | Staff Writer
November 6, 2018
Business, Logistics, Top 100

U.S. Xpress Enterprises Posts Record Profits

U.S. Xpress Enterprises reported record profits in the third quarter as the company benefited from strong freight volumes and higher rates.

Daniel P. Bearth | Staff Writer
November 2, 2018
Government, Business, Top 50, Top 100

Schneider’s Profits, Revenue Higher in Third Quarter

Schneider National Inc. reported higher revenue and profits in the third quarter, but not all of its business units shared in the bounty.

Daniel P. Bearth | Staff Writer
November 1, 2018
Business, Logistics

XPO Logistics Posts Higher Revenue, Profits in Third Quarter

XPO Logistics announced increased revenue and profits in the third quarter and, although the gains were less than what some investment analysts had expected, CEO Bradley Jacobs said the company implemented a record number of new logistics contracts in the quarter.

Daniel P. Bearth | Staff Writer
October 31, 2018
Business, Logistics

C.H. Robinson Reports Growth in Revenue, Profits in Third Quarter

C.H. Robinson Worldwide posted strong growth in revenue and profits in the third quarter, helped by a lower tax rate and increased pricing in a capacity-constrained freight market.

Daniel P. Bearth | Staff Writer
October 31, 2018
Business, Technology, Logistics

FourKites Adds ‘Predictive’ Load Matching Service

FourKites, a load tracking firm, is tapping a former UberFreight executive to head up a new service offering predictive capacity management to shippers and carriers.

Daniel P. Bearth | Staff Writer
October 31, 2018