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Business, Technology, Logistics, Top 100

FedEx Completes Acquisition of ShopRunner

FedEx Corp. announced Dec. 28 that it has completed its acquisition of ShopRunner, marking an expansion of the company’s e-commerce footprint.

Eleanor Lamb | Staff Reporter
December 28, 2020
Government, Business, Logistics, Top 100

Moderna Vaccine Distribution Begins Via FedEx, UPS

Initial shipments of the second COVID-19 vaccine authorized in the U.S. left a distribution center Dec. 20, a desperately needed boost as the nation works to bring the coronavirus pandemic under control.

December 20, 2020
Business, Technology, Logistics, Top 50, Top 100

J.B. Hunt Adds Temperature-Controlled Services to Tech Platform

J.B. Hunt Transport Services Inc. announced the availability of temperature-controlled transportation services within its Shipper 360 by J.B. Hunt technology platform.

December 18, 2020
Business, Logistics, Top 100

Coca-Cola to Lay Off 2,200 Workers as it Pares Brands

The Coca-Cola Co. said Dec. 17 it’s laying off 2,200 workers, or 17% of its global workforce, as part of a larger restructuring aimed at paring down its business units and brands.

Dee-Ann Durbin | Associated Press
December 18, 2020
Business, Logistics, Top 50, Top 100

FedEx Reports Record FY Q2 Net Sales of $20.5 Billion

The global surge in e-commerce brought on by the coronavirus pandemic combined with online holiday shopping sent net quarterly sales for FedEx Corp. above $20 billion for the first time in its history, and led to an increase in net income as well, the company reported Dec. 17.

Dan Ronan | Senior Reporter
December 17, 2020
Government, Business, Safety, Logistics, Top 100

Trucks Carry First Doses of COVID-19 Vaccine to Hospitals Across the US

As the first doses of a COVID-19 vaccine begin to ship, trucking experts on the ground level of the distribution effort said the logistical elements are in place for a successful rollout of an estimated 50 million doses of the vaccine between now and the end of January.

Dan Ronan | Senior Reporter
December 15, 2020
Government, Business, Logistics, Top 100

UPS, FedEx Trucks Begin Vaccine Shipments

KALAMAZOO, Mich. — The first shipments of a COVID-19 vaccine for widespread use in the United States headed Dec. 13 from Michigan to distribution centers across the country, with the first shots expected to be given in the coming week to health care workers and at nursing homes.

December 13, 2020
Government, Business, Top 100

YRC Loan Profitable for Treasury, Mnuchin Says

Treasury Secretary Steven Mnuchin told a congressional oversight committee that the federal government has made money on a $700 million loan it extended to YRC Worldwide under a coronavirus relief package for businesses that were deemed essential in fighting the pandemic.

Laura Davison | Bloomberg News
December 10, 2020
Business, Technology, Top 100

Transportation Management Technologies Reach Inflection Point

A series of trends and technological advancements is driving change with transportation management systems at an unprecedented pace, according to carriers and TMS providers.

Connor D. Wolf | Staff Reporter
December 10, 2020
Business, Logistics, Top 100

Mullen Group Adapts 2021 Business Plan to COVID Expectations

Mullen Group is pursuing a business plan for next year that covers several key goals and budgets based on the coronavirus remaining an issue, the company detailed Dec. 9.

Connor D. Wolf | Staff Reporter
December 10, 2020