Business, Equipment, Logistics, Top 100

XPO Sells Intermodal Unit to STG Logistics for $710 Million

XPO Logistics containers at a terminal The intermodal sale is expected to include XPO’s transloading business as well as 11,000 53-foot containers. (XPO Logistics)

XPO Logistics Inc. announced March 25 it has sold its North American intermodal business to STG Logistics, a Chicago-based provider of import-export and value-added warehouse logistics services, for a cash price of $710 million.

Dan Ronan | Senior Reporter
March 25, 2022
Business, Top 100

James Hoffa Steps Down as Teamsters President

James Hoffa James Hoffa in 2015 by Andrew Harnik/AP/File

The International Brotherhood of Teamsters announced general president James Hoffa stepped down after 23 years in the post.

Roger Gilroy | Senior Reporter
March 22, 2022
Business, Logistics, Top 100

A. Duie Pyle to Open Three Locations in Virginia

A. Duie Pyle truck A. Duie Pyle's three sites in Virginia will be in Richmond, Manassas and Roanoke (A. Duie Pyle)

A. Duie Pyle is opening three new facilities as part of an effort to expand its services into Virginia, the company announced March 15.

Connor D. Wolf | Staff Reporter
March 22, 2022
Business, Top 100

Stevens Transport Announces Its Largest Driver Pay Increase

Stevens Transport truck John Sommers II for Transport Topics

Stevens Transport has implemented its largest driver pay increase in its 42-year history, the company announced March 18.

March 21, 2022
Business, Logistics, Top 100

FedEx Reports Record Q3 Revenue on Holiday Surge

FedEx truck John Sommers II for Transport Topics

Fueled by a strong holiday shopping season by both its business and consumer customers, FedEx Corp. reported higher fiscal third-quarter earnings.

Dan Ronan | Senior Reporter
March 18, 2022
Government, Business, Safety, Logistics, Top 100

Carriers Suspend Operations in Russia, Ukraine

UPS truck in Moscow A UPS delivery van in Moscow. (UPS Inc.)

Transportation companies have been suspending operations in Russia and Ukraine amid the ongoing war between the countries.

Connor D. Wolf | Staff Reporter
March 17, 2022
Government, Business, Logistics, Top 100

Yellow Reaches Settlement With DOJ

Yellow Yellow Corp.

Yellow Corp. has reached a settlement with the Department of Justice over allegations dating back to 2005 that the company overcharged the federal government while shipping items for the Department of Defense.

Dan Ronan | Senior Reporter
March 10, 2022
Business, Safety, Logistics, Top 100

Amazon Stops Sending Products to Russia

Amazon logo An Amazon logo appears on a delivery van. (Steven Senne/Associated Press)

Amazon .com Inc. says it has stopped shipping products sold on its retail website to customers based in Russia and cut off access to its video streaming service there.

Matt Day | Bloomberg News
March 9, 2022
Business, Logistics, Top 100

FedEx Suspends All Service in Russia, Belarus

FedEx truck John Sommers II for Transport Topics

FedEx Corp. has suspended all services in Russia and Belarus as fighting intensifies following the invasion of Ukraine.

March 4, 2022
Business, Top 100, TCA

Albertsons Might Explore Selling Its Grocery Chains

Albertsons store Bridget Bennett/Bloomberg

Albertsons Cos. may be looking to unload some of its nearly two dozen grocery chains as the company launches a review of its business strategy, analysts said.

Joseph N. DiStefano | The Philadelphia Inquirer
March 4, 2022

Pages