Top 50
Landstar Reports Lower Net Income in Q2
Landstar System Holdings Inc. on July 22 reported second-quarter net income and revenue were down compared with last year’s levels.
Echo Global Reports $514 Million in Q2 Revenue
Echo Global Logistics saw a large drop in profit but a smaller decline in revenue during the second quarter.
C.H. Robinson, Microsoft Forge Alliance to Enhance Supply Chain Monitoring
C.H. Robinson and Microsoft Corp. have aligned with the goal of digitally transforming supply chains to improve monitoring, the logistics company announced July 14.
Pilot Freight Services Adds Five Franchise Locations
Transportation and logistics company Pilot Freight Services has added five franchise locations to enhance services for the automotive, health care, home furnishings, industrial products and packaging industries.
July 6, 2020FedEx Posts Loss in Q4, Shows Improvement From Year Ago
FedEx said its fourth-quarter net income was a loss of $334 million, or negative $1.28 a share, compared with a loss of $1.97 billion, or negative $7.56 a share, in the 2019 period.
Schneider Leverages Carrier Network With FreightPower Launch
Schneider launched a new marketplace, Schneider FreightPower, to give shippers access to an expanded and flexible capacity network.
June 3, 2020Last-Mile Delivery Fleets Navigate Challenges of COVID-19 Pandemic
Last-mile fleets such as FedEx, Amazon, XPO and UPS have been dealing with a spike in demand while also implementing safety protocols to protect employees and customers.
FedEx, Microsoft Join Forces for Package Shipping
FedEx Corp. and Microsoft Corp. are teaming up to provide commercial shipping customers with early warnings of delays from weather, traffic and other mishaps, giving the courier and the software maker another weapon as each competes with Amazon .com Inc.
UPS Adds Indiana Airport to Cargo Network
The Gary/Chicago International Airport Authority on May 13 approved a long-term lease and easement access agreement with UPS Inc. that will allow the company to begin express air shipment operations later this year.
Container Shipper Maersk Warns of 25% Volume Slump
The world’s largest container line is bracing for a historic slump in demand after emergency lockdowns across the globe left international trade in tatters.