Ward Trucking, DHE Form Coast-to-Coast LTL Partnership
Ward Transport & Logistics and Dependable Highway Express announced a less-than-truckload network between Western states and the Mid-Atlantic, beginning Aug. 1.
May 19, 2014Radiant Logistics’ 3Q Income Rises
Third-party logistics company Radiant Logistics’ fiscal third-quarter net income rose from a year ago.
May 15, 2014Rose Resigns as Expeditors’ Chairman
Expeditors International of Washington said former CEO Peter Rose, has resigned as the chairman and from the company’s board.
May 13, 2014XPO Pursues Acquisitions
XPO Logistics continues to pursue acquisitions in its core brokerage and expedited freight businesses, and may branch out to contract logistics, as well, CEO Bradley Jacobs told Transport Topics.
May 12, 2014XPO Loss Widens; Revenue Jumps
XPO Logistics Inc. reported a first-quarter loss that nearly doubled from the same period last year, as revenue rose at the company.
Echo Global Logistics’ 1Q Net Income Falls 18%; Revenue Improves
Echo Global Logistics’ first-quarter net income fell 18% to $2.4 million, or 10 cents per share, from $3 million, or 13 cents per share.
April 25, 2014Ceva Logistics Opens Foreign Trade Zone in Miami
Ceva Logistics said it has opened a Foreign Trade Zone warehouse in Miami, approved by the U.S. Customs and Border Protection.
April 9, 2014XPO Completes Pacer Acquisition
XPO Logistics Inc. said it completed the acquisition of Pacer International Inc., an intermodal and logistics management company, for $335 million in cash and stock.
April 1, 2014Descartes System Acquires Computer Management
Descartes Systems Group said it has acquired Computer Management USA, which provides security information filing services, for $6.6 million to broaden the buyer’s offerings.
April 1, 2014Coyote Logistics, Access America to Merge
Third-party logistics providers Coyote Logistics and Access America Transport announced a merger to create one of the nation’s largest freight brokers with annual gross revenue exceeding $2 billion as consolidation continues in that industry.