Government, Business, Logistics, Top 50

DB Schenker Halts Deliveries to UK Due to Brexit Trouble

A freight truck operated by DB Schenker stands at the Port of Helsinki in Finland. A freight truck operated by DB Schenker stands at the Port of Helsinki in Finland. (Ville Mannikko/Bloomberg News)

DB Schenker, a major logistics company owned by German rail giant Deutsche Bahn AG, suspended deliveries to the U.K. due to “significant” problems caused by post-Brexit red tape.

Joe Mayes | Bloomberg News
January 14, 2021
Business, Logistics, Top 50

DHL Owner Deutsche Post Reaps Profit Boost as Virus Spurs Demand

An employee sorts packages at a DHL Worldwide Express facility in Chicago. (Daniel Acker/Bloomberg News) An employee sorts packages at a DHL Worldwide Express facility in Chicago. (Daniel Acker/Bloomberg News)

Deutsche Post AG reported record earnings as its DHL express-delivery arm benefited from a surge in home shopping spurred by the coronavirus crisis.

Richard Weiss | Bloomberg News
January 12, 2021
Business, Safety, Top 50, Top 100

XPO Logistics Partners With Truckers Against Trafficking

XPO XPO Logistics Inc.

XPO Logistics Inc. announced Jan. 11 that it has formed a partnership with Truckers Against Trafficking in an effort to combat the crime.

Eleanor Lamb | Staff Reporter
January 12, 2021
Business, Logistics, Top 50

XPO Names Leadership Team for New Logistics Business

Malcolm Wilson Malcolm Wilson (XPO Logistics)

XPO Logistics Inc. on Jan. 12 announced the senior leadership team for the upcoming spinoff of its logistics segment.

Connor D. Wolf | Staff Reporter
January 12, 2021
Business, Logistics, Top 50

Amware CEO Outlines Moulton Logistics Acquisition

Amware warehouse Amware

Amware Fulfillment CEO Harry Drajpuch detailed Jan. 5 how the recent acquisition of Moulton Logistics helps bolster ongoing growth strategies.

Connor D. Wolf | Staff Reporter
January 6, 2021
Business, Logistics, Top 50

Maersk Says Record Shipping Rates Unlikely to Have Peaked Yet

A container ship operated by Maersk leaves the Port of Felixstowe in the U.K. on December 2020. (Chris Ratcliffe/Bloomberg News) A container ship operated by Maersk leaves the Port of Felixstowe in the U.K. on December 2020. (Chris Ratcliffe/Bloomberg News)

A.P. Moller-Maersk A/S, the world’s largest container carrier, is working at full capacity and can’t yet see a peak in freight rates that have already been propelled to record highs by pandemic consumer spending.

Christian Wienberg | Bloomberg News
January 6, 2021
Business, Logistics, Top 50

Lineage Logistics Acquires Refrigerated Rail Company Cryo-Trans

Lineage Logistics. (Lineage Logistics)

Cold-storage specialist Lineage Logistics is branching into rail.

Gillian Tan | Bloomberg News
January 5, 2021
Business, Logistics, Top 50, Top 100

XPO Finishes Acquisition of Kuehne + Nagel’s European Logistics

XPO truck XPO said the transaction expands its contract logistics network in the U.K. and Ireland to 248 locations and about 26,000 employees. (XPO Logistics)

XPO Logistics has completed its acquisition of the majority of Swiss firm Kuehne + Nagel’s European logistics, the company announced Jan. 4.

January 4, 2021
Business, Technology, Logistics, Top 50, Top 100

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

J.B. Hunt truck John Sommers II for Transport Topics

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 50, Top 100

FedEx Reports Record FY Q2 Net Sales of $20.5 Billion

FedEx truck A FedEx Ground truck drives through Chicago on Nov. 30. (Christopher Dilts/Bloomberg)

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 | Associate News Editor
December 17, 2020

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