XPO Logistics Inc. saw revenue tick up and net income dip in the third quarter, and the company said business activity has bounced back from earlier downturns.
November 5, 2020Logistics 100 | Freight Brokerage | Dry Storage Warehousing | Refrigerated Warehousing | Dedicated | Ocean Freight | Airfreight
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Extras
XPO Posts Revenue Increase, Net Income Decrease in Q3
Amazon Announces First Air Cargo Expansion Outside US
Amazon .com Inc. is launching air cargo operations in Europe, the online retailer’s first such expansion outside of the U.S. as it looks to bring more freight operations in-house.
Ryder Looks to Advance Tech With Venture Capital Fund
Ryder System Inc. is working to advance its technology and forge new partnerships with the launch of its corporate venture capital fund, the company detailed Nov. 2.
Expeditors Posts Rise in Profit, Revenue for Q3
Expeditors International of Washington posted third-quarter gains in profit and revenue as the logistics company capitalized on a rebounding economy.
ArcBest Records Increase in Q3 Net Income, Revenue
ArcBest Corp. posted gains in net income and revenue in the third quarter as its business rebounded from the economic impact of the coronavirus pandemic.
Canadian Trucking Alliance Names Jean-Claude Fortin Chairman
Jean-Claude Fortin, president of J.E. Fortin Inc., has been named chairman of the Canadian Trucking Alliance.
Matson Profit Soars on Goods Shipped From China
Matson Inc., Hawaii’s largest ocean cargo transportation firm, continued to capitalize on expanded service from China to the mainland and nearly doubled its third-quarter profit.
Anchorage Airport Among Nation’s Busiest as Pandemic Boosts Cargo Activity
Ted Stevens Anchorage International Airport remained one of the nation’s busiest airports in recent months as disrupted shipping patterns during the COVID-19 pandemic fueled soaring cargo activity.
ATA’s New Chairman Sherri Garner Brumbaugh: An Inspiring Leader for Women
On Oct. 28, Sherri Garner Brumbaugh, president of Ohio-based truckload carrier Garner Trucking Inc., was installed as the 76th chairman of American Trucking Associations during its 2020 Management Conference & Exhibition.
USPS Ordered to Speed Swing-State Ballots in Time for Election Day
A federal judge ordered the U.S. Postal Service to make every effort to deliver mail-in ballots in three crucial swing states by Election Day due to uncertainty over whether votes that arrive after that will be counted.