XPO Logistics Inc. announced Jan. 15 that its board of directors has authorized the possible sale or spinoff of one or more of its business units.
January 15, 2020Logistics 100 | Freight Brokerage | Dry Storage Warehousing | Refrigerated Warehousing | Dedicated | Ocean Freight | Airfreight
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Extras
XPO Logistics to Explore Sale of Business Segments
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.
World Direct Shipping Extends Port Manatee Agreement
World Direct Shipping, a container line based in Port Manatee, Fla., announced it extended its agreement with the Central-Southwest Florida seaport and added a third vessel to its rapidly growing weekly services across the Gulf of Mexico.
January 15, 2020Data Sharing Can Help Freight Movement, Panelists Say
WASHINGTON — Coordination among trucks, ports, departments of transportation, city representatives and law enforcement officers is important to facilitating mobility, according to John Barton, senior vice president of the infrastructure firm HNTB Corp.
XPO Logistics Names Kurt Rogers Chief Legal Officer
XPO Logistics Inc. announced Jan. 9 that it has appointed Kurt Rogers as its new chief legal officer and corporate secretary.
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.
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January 14, 2020Drone Deliveries Begin a Slow Takeoff
Aerial drones are emerging as a way to help solve challenges associated with last-mile deliveries in a number of conditions and environments.
Blackstone Nears Deal to Invest in Warehousing in India
Blackstone Group Inc. has agreed to buy a stake in the warehousing unit of India’s Allcargo Logistics Ltd. for $54 million (3.8 billion rupees) as the U.S. firm seeks to capture the demand in the world’s fastest growing e-commerce market.
Atlanta Was Easiest Market for Spot Loads in 2019, DAT Solutions Report Says
Atlanta was the easiest market to find spot truckload van freight in 2019, according to a Jan. 9 DAT Solutions report, and because spot freight is unscheduled freight, it is seen as a dynamic indicator of economic activity.
January 10, 2020