In one of the largest transactions ever for a U.S.-based logistics firm, Radial Inc. has been acquired by Belgian postal and parcel carrier bpost for $820 million.
October 12, 2017Logistics 100 | Freight Brokerage | Dry Storage Warehousing | Refrigerated Warehousing | Dedicated | Ocean Freight | Airfreight
Top Ocean Freight Forwarders
No rankings are available for this year.
Extras
Belgian Postal Operator Enters E-Commerce Race With $820 Million Purchase of Radial
US Offers Proposal That Could Kill NAFTA in Five Years
U.S. negotiators on Oct. 12 presented a proposal for a so-called “sunset clause” that would see the North American Free Trade Agreement expire after five years unless the parties can agree to extend it, according to two people familiar with the talks.
JaxPort Names Eric Green CEO
Eric Green walked miles of hallways in Washington and Tallahassee to win support for deepening Jacksonville’s harbor.
GSA’s Border Facility Renovations Projected to Thin Congestion at Crossings
The General Services Administration is conducting a series of border facility renovations and overseeing related interstate closures at land ports of entry across the U.S.-Mexico border.
Port Manatee Enjoys Record-Breaking Year for Volume, Cargo Tons
Port Manatee set records for container volume and cargo tons moved during its recently completed fiscal year, besting marks set in 2010 for both categories.
XPO Logistics Named Forbes Growth Champion as Revenue Rockets to $14.6 Billion
Greenwich, Conn.-based transportation and delivery services company XPO Logistics was the top performing U.S. company on Forbes’ list of Growth Champions, released Oct. 10.
Trump’s ‘Poison Pill’ NAFTA Proposals Threaten to Derail Talks
NAFTA talks have resumed with the U.S. administration looking increasingly isolated in its proposals to change the trade pact, as key figures raised the prospect of a collapse in negotiations.
Logistics Revenues Due to Go Up in Quarterly Reports, but Margins Still Drag Down Profits
Third-party logistics firms capitalized on stronger demand to transport freight this summer but spent more to purchase trucks, resulting in what Wall Street analysts predict will be a mixed-earnings season.
New Report Projects $1.1 Trillion Market for Global Logistics Services in 2022
Global spending on third-party logistics services is projected to top $1.1 trillion in 2022 from $802 billion in 2016, according to new estimates by Armstrong & Associates Inc.
October 11, 2017High-Tech Sensors Will Alert Truckers of Open Spaces at Florida Rest Stop
Keith Mullin felt lucky he found a space to park his truck Oct. 6 at an Interstate 4 rest area in Longwood, Fla., after a 20-hour trip from central Wisconsin.