Top 50
Business, Logistics, Top 50

Americold Logistics Reports Improved Results in Second Quarter

Americold warehouse Americold

Americold Logistics reported improved financial results for the second quarter with revenue from its temperature-controlled warehousing operations growing 2.8% and profit margins expanding by 150 basis points, or 1.5%, compared with the same period a year ago.

Daniel P. Bearth | Staff Writer
August 9, 2018
Business, Logistics, Top 100, Top 50

XPO Opens Final-Mile Distribution Hub in Toronto

XPO XPO Logistics

XPO Logistics has expanded its home-delivery business in Canada with the opening of a 50,000-square-foot distribution hub in Toronto.

Transport Topics
August 8, 2018
Business, Logistics, Top 50

Expeditors International Reports 2Q Earnings, Revenue

Expeditors Expeditors International

Air and ocean freight forwarder Expeditors International of Washington reported sharply higher profits and strong revenue growth in the second quarter of 2018.

Daniel P. Bearth | Staff Writer
August 7, 2018
Business, Logistics, Top 50

Pilot Freight Buys Manna, Expands Furniture Delivery

Pilot Pilot Freight Services

Pilot Freight Services acquired Manna Freight Systems to expand its final-mile delivery and installation services of furniture and appliances. Terms of the deal were not released.

Transport Topics
July 20, 2018
Business, Logistics, Top 50

Trucking Stocks Roll Steady as Investors Downshift on Market

USA Truck USA Truck

Publicly traded trucking firms have seen record-setting freight in the first half of this year but their stock prices have lagged as cautious investors pulled back from a long-running bull market and an industry that can’t find enough drivers to haul its loads.

Burney Simpson | Staff Reporter
July 12, 2018
Business, Top 50

PepsiCo Agrees to Pay $5 Million to Settle California Drivers’ Work Break Lawsuit

Luke Sharrett/Bloomberg News

PepsiCo Inc. and related companies agreed to pay $5 million to settle claims that drivers didn’t receive breaks required by California law.

Jon Steingart | Bloomberg News
June 26, 2018
Business, Logistics, Top 50

South Korean Giant CJ Logistics Buys DSC Logistics

CJ Logistics delivery (CJ Logistics)

South Korea’s CJ Logistics will take majority control of Des Plaines, Ill.-based DSC Logistics in a deal expected to close in the third quarter.

Burney Simpson | Staff Reporter
June 11, 2018
Business, Logistics, Top 50

Lineage Logistics Acquires Warehouse in Wisconsin, Adds Four Southeast Locations

U.S. Growers Cold Storage Pallets ready for loading onto trucks at the U.S. Growers Cold Storage in Ventura, Calif., one of eight warehouses purchased by Lineage Logistics in November 2017. (Stellar.net)

Lineage Logistics has acquired Service Cold Storage in Stevens Point, Wis., along with a portfolio of four leased cold-storage warehouses located in Georgia, Louisiana, South Carolina and Virginia.

Daniel P. Bearth | Staff Writer
June 5, 2018
Business, Logistics, Top 100, Top 50

Schneider Executive Shaleen Devgun Named Adviser to Investment Firm 8VC

Schneider truck John Sommers II for Transport Topics

The connection between Schneider, one of the nation’s largest truckload and logistics service providers, and venture capital fund 8VC is deepening with the appointment of Shaleen Devgun, chief information officer and executive vice president at Schneider, as an adviser to the San Francisco-based investment firm.

Transport Topics
June 4, 2018
Business, Technology, Logistics, Autonomous, Top 50

DHL to Open Americas Innovation Center, Relocates Florida Facility

Mike Parra at DHL America's Innovation Center groundbreaking Mike Parra, DHL Express CEO for the Americas, speaks at DHL's groundbreaking ceremony for its Americas Innovation Center on May 30 in Rosemont, Ill. (Peter Wynn Thompson/AP Images for DHL)

International logistics giant DHL has been active in the United States this spring, laying the foundation for a major marketing and education center and growing a service facility in Florida.

Transport Topics
June 1, 2018

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