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Business, Logistics, Top 50, Top 100

Schneider Reports Large Rise in Q2 Earnings

Schneider National on July 29 reported net income increased 129% year-over-year during the second quarter.

Connor D. Wolf | Staff Reporter
July 29, 2021
Business, Technology, Logistics, Autonomous, Top 50

XPO Posts Q2 Profit on Record Revenue

Lifted by the highest revenue of any quarter in its history, XPO Logistics Inc. swung its second-quarter bottom line to a profit from a loss in the year-ago period.

Jerry Hirsch | Contributing Writer
July 29, 2021
Business, Logistics, Top 50

Echo Global Logistics Posts Q2 Gains

Echo Global Logistics reported large gains in both income and profit for the second quarter as it experienced record performance in both its managed transportation and brokerage businesses.

Jerry Hirsch | Contributing Writer
July 28, 2021
Business, Logistics, Top 50

Uber Freight to Acquire Logistics Firm Transplace for $2.25 Billion

Uber Technologies Inc.’s freight business will acquire logistics technology firm Transplace from TPG Capital for $2.25 billion, the company announced July 22.

Roger Gilroy | Senior Reporter
July 22, 2021
Business, Top 50, Top 100

Landstar Reports Record Earnings for Q2

Landstar System reported an all-time record for quarterly net income in its second-quarter financial results.

Connor D. Wolf | Staff Reporter
July 21, 2021
Business, Logistics, Top 50

DP World to Buy Imperial Logistics in $890 Million Bet on Africa

DP World plans to buy South Africa’s Imperial Logistics Ltd. for $890 million, in what the port operator said would be its most significant acquisition in Africa so far.

Adveith Nair | Bloomberg News
July 8, 2021
Business, Logistics, Top 50

Port Operator DP World Buys Syncreon in $1.2 Billion Deal

One of the world’s largest port operators, DP World, said July 1 it had acquired American logistics firm Syncreon Holdings in a $1.2 billion deal, the latest investment as the maritime company pushes to expand farther afield.

July 1, 2021
Business, Technology, Logistics, Top 50

DP World Nears $1.2 Billion Deal for Logistics Firm Syncreon

DP World is nearing an acquisition of Syncreon Holdings Ltd. in a deal that could value the U.S. supply chain services company at about $1.2 billion, according to people familiar with the matter.

June 30, 2021
Business, Logistics, Top 50, Top 100

FedEx Tops $20 Billion in Revenue for Third Straight Quarter

FedEx Corp. reported a surge in bottom-line results for its fiscal fourth quarter as e-commerce continued to fuel demand for the company’s services.

Dan Ronan | Senior Reporter
June 24, 2021
Business, Logistics, Top 50, Top 100

XPO Announces GXO’s $800 Million Notes Offering

XPO Logistics' upcoming spinoff, GXO Logistics, has priced an offering of $800 million on investments notes with registration rights, the company announced June 17.

Connor D. Wolf | Staff Reporter
June 18, 2021