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Logistics News
Business, Logistics

Magnate Worldwide Acquires Domek Logistics

Shipping and logistics company Magnate Worldwide has announced the acquisition of Domek Logistics. Domek will integrate as an additional branch of Masterpiece International, MWW’s international freight forwarding and customs brokerage subsidiary, according to a Nov. 2 press release.

November 5, 2018
Business, Logistics

Werner Enterprises Opens Shop in Arkansas

Truckload carrier Werner Enterprises has opened a shop in West Memphis, Ark., to replace its drop yard in Marion, Ark.

November 5, 2018
Business, Technology, Logistics

Seacoast Capital Invests $10 million in Deliver-It

Capital investor Seacoast Capital has announced a $10 million investment in last-mile logistics company Deliver-It.

November 5, 2018
Business, Logistics

Dresdner Robin Completes Work on $25 Million Baldor Foods Expansion

Dresdner Robin, a Jersey City, N.J.-based land use consultancy, has finished work on a $25 million expansion at the Bronx headquarters of Baldor Specialty Foods.

November 5, 2018
Business, Logistics, Top 50, Top 100

FedEx to Raise Prices in Response to Surging Freight Demand, Tight Capacity

FedEx Corp. will boost most prices by an average of 4.9% starting in January, more than double the expected rate of U.S. inflation next year, as freight demand surges.

Thomas Black | Bloomberg News
November 5, 2018
Business, Logistics, TCA

Amazon Offers Free Holiday Shipping to Compete With Target

Amazon says it will offer customers free shipping on orders delivered through Christmas regardless of whether they are members of the Prime membership program, a move that comes two weeks after rival Target undercut the company with its own free-shipping offer.

Matt Day | Bloomberg News
November 5, 2018
Business, Logistics, Top 100

U.S. Xpress Enterprises Posts Record Profits

U.S. Xpress Enterprises reported record profits in the third quarter as the company benefited from strong freight volumes and higher rates.

Daniel P. Bearth | Staff Writer
November 2, 2018
Business, Technology, Logistics

Manheim Logistics Solutions Opens $2.7 Million Facility

Manheim Logistics Solutions has announced its move to an upgraded office facility in Phoenix, according to an October press release.

November 1, 2018
Business, Technology, Logistics

Project Cargo Network Partners With WiseTech Global

Logistics specialist Project Cargo Network has partnered with WiseTech Global, the company behind the global logistics solution CargoWise One, according to an October press release.

November 1, 2018
Business, Logistics

XPO Logistics Posts Higher Revenue, Profits in Third Quarter

XPO Logistics announced increased revenue and profits in the third quarter and, although the gains were less than what some investment analysts had expected, CEO Bradley Jacobs said the company implemented a record number of new logistics contracts in the quarter.

Daniel P. Bearth | Staff Writer
October 31, 2018
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