The transportation sector saw merger and acquisition activity gain momentum as market conditions stabilized in the second half of 2024, according to experts.
February 7, 2025![Image](/sites/default/files/images/logos/top50logolog2021.png)
2021 Essential Financial and Operating Information for the 50 Largest Logistics Companies in North America
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Logistics News
Transportation M&A Gains Momentum in Late 2024
Purolator Buys Livingston to Boost International Operations
Purolator, which specializes in package delivery and is majority owned by Canada Post, sees the deal as an international growth play, particularly as the threat of trade wars grows.
FAA Slows Reagan Airport’s Flight Arrival Rate
U.S. aviation safety regulators are slowing the rate of arrivals at Ronald Reagan airport to help ease the strain on air traffic controllers after last week's deadly midair collision.
Panama Leader Denies Trump Claim of Free Canal Passage
Panama President Jose Raul Mulino denied that his government had granted free passage for U.S. government ships through the Panama Canal.
Senate Panel Advances Supply Chain Resiliency Bill
The Promoting Resilient Supply Chains Act, reintroduced by Sens. Maria Cantwell (D-Wash.) and Marsha Blackburn (R-Tenn.), gained bipartisan approval from the Commerce Committee.
XPO Earnings Jump 31% Despite Revenue Dip in Q4 2024
The Greenwich, Conn.-based less-than-truckload carrier posted net income of $76 million, compared with $58 million during the same time the previous year.
LTL Players Eye Freight Market Turnaround, Industrial Upturn
Substantial change is expected in the U.S. less-than-truckload sector in 2025, according to market observers and executives, headed by the long-awaited freight market turnaround.
Logistics Agents Put 30% Levy on Shein, Temu Retailers
Chinese retailers that sell on Shein and Temu have been asked by logistics agents to start paying an additional 30% levy after President Donald Trump hiked tariffs on goods imported to the U.S.
February 6, 2025Truckers Get Real-Time Parking Info on Arizona’s I-10
Arizona announced the dynamic truck parking messaging availability Jan. 27 at four rest areas: Ehrenberg, Bouse Wash, Texas Canyon and San Simon.
RXO Sees 70% Q4 Revenue Growth, Boosted by Coyote Deal
But the Charlotte, N.C.-based asset-light transportation provider posted a net loss of $20 million, or negative 12 cents a diluted share, for the three months ending Dec. 31.