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Business, Technology, Equipment, Fuel, Autonomous, Top 50

Deutsche Post Scraps Its Electric Delivery Van Built With Ford

Deutsche Post AG will stop producing its electric delivery vehicle called StreetScooter, bringing to an end a much-hyped venture that was once seen as a possible disrupter to conventional van makers such as Volkswagen AG and Daimler AG.

Richard Weiss | Bloomberg News
February 28, 2020
Business, Logistics, Top 50

Shipping Giant CMA CGM’s Debt Plan Seen at Risk Amid Virus Fears

The coronavirus outbreak is threatening to scupper a debt refinancing for CMA CGM SA, the world’s third-largest container shipping company.

February 24, 2020
Business, Logistics, Top 50, Top 100, TCA

XPO to Lay Off 304 Workers at Texas Distribution Center

XPO Logistics Inc. will lay off 304 workers at an AllianceTexas distribution center in April, according to a notice filed with the Texas Workforce Commission.

Paul O'Donnell | The Dallas Morning News
February 14, 2020
Business, Top 50, Top 100

Ryder Posts Earnings Loss, Record Revenue in Q4

Ryder System Inc. reported record fourth-quarter revenue and a loss in earnings due to previously announced expenses.

Connor D. Wolf | Staff Reporter
February 13, 2020
Business, Logistics, Top 50

XPO Reports Mixed Q4, 2019 Results

XPO Logistics Inc. posted mixed financial results for the fourth quarter and all of 2019.

Jerry Hirsch | Contributing Writer
February 11, 2020
Business, Technology, Top 50, Top 100

Werner Q4 Profits Dip

Werner Enterprises posted declines in fourth-quarter and full-year profits but came in ahead of Wall Street expectations for its Q4 profit.

Connor D. Wolf | Staff Reporter
February 6, 2020
Business, Logistics, Top 50, Top 100

Schneider Q4 Earnings Miss Wall Street Expectations

Schneider National Inc. reported Jan. 29 that fourth-quarter 2019 and yearly financial numbers declined when compared with 2018’s record year.

Dan Ronan | Senior Reporter
January 29, 2020
Business, Logistics, Top 50, TCA

Lineage Logistics Buys Three Oregon Processing Plants

The $49 million sale of NORPAC Foods’ Salem, Brooks and Stayton processing facilities in Oregon to cold storage giant Lineage Logistics was approved by U.S. Bankruptcy Court Judge Peter McKittrick on Jan. 14.

Bill Poehler | The Register-Guard (Eugene, Ore.)
January 15, 2020
Business, Logistics, Top 50

Tim Phillips Named CEO at Universal Logistics Holdings

Universal Logistics Holdings Inc. announced Jan. 13 that company veteran Tim Phillips has become its new CEO.

Connor D. Wolf | Staff Reporter
January 14, 2020
Business, Logistics, Top 50, Top 100

J.B. Hunt Acquires RDI Last Mile

J.B. Hunt Transport Services Inc. acquired the assets of RDI Last Mile Co. on Dec. 31, marking the company’s latest purchase of a final-mile service.

Jim Stinson | Staff Reporter
January 2, 2020