XPO Logistics Inc. posted mixed financial results for the fourth quarter and all of 2019.
February 11, 2020Logistics 50 | Freight Brokerage | Dry Storage Warehousing | Refrigerated Warehousing | Dedicated | Ocean Freight | Airfreight
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Extras
On the Bubble
XPO Reports Mixed Q4, 2019 Results
Interim CEO Chris Easter Named New CEO of Daseke Trucking
Six months after being named interim CEO of Addison, Texas-based Daseke Inc., Chris Easter was named the flatbed carrier’s permanent CEO on Feb. 7.
Hub Group Posts Decrease in Q4, Full-Year Results
Hub Group reported a fourth quarter close to expectations that paled in comparison with the record-breaking results in 2018.
FedEx Rearranges Deliveries in Efficiency Push
FedEx Corp. is revamping its operations to hand off some deliveries from its overnight division to its separately run ground business, in an effort to wring more profit from surging e-commerce.
J.B. Hunt Announces Changes at Executive Level
J.B. Hunt Transport Services Inc. is going through further changes in leadership, the carrier announced Feb. 7.
February 7, 2020Cargo Chief Enhances Carrier Management Platform
Cargo Chief announced the release of version 3.0 of its C4 carrier management platform aimed at helping brokers find “backhaul full truckload carriers in the over-the-road industry.”
February 7, 2020U.S. Xpress Appoints Nathan Harwell to Two Executive Posts
Nathan Harwell has joined U.S. Xpress Enterprises Inc. as executive vice president and chief legal officer, the company announced Feb. 4.
February 5, 2020YRC Swings to a Loss for Q4 and 2019
YRC Worldwide Inc. posted losses for both the fourth quarter and the year as it was weighed down by the United Auto Workers strike against General Motors Co., facilities closings and weakening freight traffic in its core Midwest market.
Celadon Might Sell Texas Facility as Bankruptcy Proceedings Continue
According to bankruptcy court documents, P.A.M. Transportation Services Inc. is seeking to purchase a trucking terminal and property in Laredo, Texas, that is owned by Celadon Group.
UPS Appoints Stephen Denton to Lead Ware2Go
Stephen Denton was appointed CEO of on-demand fulfillment platform Ware2Go Inc., the company announced Feb. 4.
February 4, 2020