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Business, Technology, Logistics, Top 50, TCA

XPO Opening Automated Logistics Facility in Indiana

XPO Logistics will open an automated logistics facility in Clayton, Ind., at one of the state’s major logistics hubs in Hendricks County. The new facility is expected to employ 800 people and become fully operational sometime this summer, according to XPO.

Rashika Jaipuriar | The Indianapolis Star
March 24, 2021
Business, Top 50, Top 100

FedEx Rides E-Commerce to $21.5 Billion Third Quarter

The continued yearlong surge in e-commerce brought on by the COVID-19 pandemic sent FedEx’s year-over-year fiscal third-quarter net revenue up 23% to $21.5 billion, compared with $17.4 billion in the same period in 2020.

Dan Ronan | Senior Reporter
March 18, 2021
Business, Logistics, Breaking News, Top 50

XPO Sets GXO Logistics as Name of New Spinoff Company

XPO Logistics has selected GXO Logistics as the name of the stand-alone logistics company that it will spin off from its larger operation later this year.

Joe Howard | Executive Editor
March 18, 2021
Business, Technology, Equipment, Fuel, Top 50, Top 100

Trucking Industry Making Strides Toward Electrification

Original equipment manufacturers, shippers and environmental activist groups are aligning behind the promised benefits of zero-emission trucks, and are encouraging the trucking industry to accelerate adoption of vehicles powered by alternatives to diesel.

Dan Ronan | Senior Reporter
March 11, 2021
Business, Technology, Safety, Logistics, Top 50

COVID-19 Exposes Cold Chain Problems, Solutions

The coronavirus pandemic has presented new challenges and opportunities for innovation in cold chain shipments.

Connor D. Wolf | Staff Reporter
March 2, 2021
Government, Business, Logistics, Top 50, Top 100

UPS Expects 40% Jump in Vaccine Doses Next Week, Peak in May

UPS Inc. and FedEx Corp. are ramping up vaccine distribution, with plans for additional gains if Johnson & Johnson’s inoculation is cleared by U.S. regulators.

Thomas Black | Bloomberg News
February 25, 2021
Business, Logistics, Top 50

Kuehne + Nagel Buys Apex Logistics in $1.5 Billion Deal

Kuehne + Nagel International AG has agreed to acquire Apex International Corp. in a deal that values the freight forwarder at about $1.5 billion, according to people familiar with the matter.

February 22, 2021
Government, Business, Logistics, Top 50

US Steps Up Heat on Container Carriers to Ease Port Congestion

U.S. regulators stepped up the heat on ocean shipping companies and the seaport terminals some of them operate, seeking to smooth the disrupted flow of containers that are swamping America’s biggest ports and wreaking havoc on the nation’s strained supply chains.

Brendan Murray | Bloomberg News
February 18, 2021
Logistics, Top 50

Does Your Business Belong on Our List of Top 50 Logistics Companies?

There's only a short time left to submit for our 2021 Top 50 Logistics publication.

February 10, 2021
Business, Logistics, Top 50

Chinese Package-Delivery Firm SF Holding Eyes Stake in Kerry Logistics

SF Holding Co., one of the largest Chinese package-delivery services, is exploring a potential investment in tycoon Robert Kuok’s listed logistics business, people with knowledge of the matter said.

February 4, 2021