XPO Logistics Inc.'s completion of its spinoff of GXO Logistics Inc. as a publicly traded pure-play contract logistics provider culminated with GXO officials ringing the New York Stock Exchange opening bell Aug. 2.
August 2, 2021Logistics 100 | Freight Brokerage | Dry Storage Warehousing | Refrigerated Warehousing | Dedicated | Ocean Freight | Airfreight
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Extras
XPO Logistics Spinoff GXO Officially Goes Public
Mudslides Close 46 Miles of I-70 in Colorado
DENVER, Colo. — Mudslides from heavy rains caused “extreme damage” to Interstate 70 in Glenwood Canyon, Colo., Aug. 1, and transportation officials closed the road and advised long-distance truckers to detour north onto Interstate 80 through Wyoming.
August 2, 2021I-40 Bridge Linking Arkansas, Tennessee Reopens
MEMPHIS, Tenn. — Authorities on July 31 reopened the Interstate 40 bridge linking Arkansas and Tennessee that had been closed ever since a crack was discovered in the span in May.
August 1, 2021Universal Logistics Reports $422.8 Million Revenue for Q2
Universal Logistics Holdings saw revenue and earnings gains during the second quarter of 2021, the company reported July 29.
Hub Group Posts Q2 Profit, Revenue Gains
Hub Group Inc. reported strong growth in second-quarter profits and revenue as it benefited from the robust rebound in the U.S. freight market.
Amazon Delivers a Mixed Bag of Q2 Results
NEW YORK — Amazon on July 29 turned in a mixed bag of results for its fiscal second quarter, coming up short of Wall Street expectations in revenue but beating them on profits.
C.H. Robinson Reports Q2 Earnings, Revenue Spikes
C.H. Robinson saw a 34.6% increase in net income during the second quarter, the company reported July 27.
Ryder Reports Year-Over-Year Turnaround for Q2
Ryder System Inc. saw growth across its business during the second quarter of 2021, the company reported July 28.
Memphis I-40 Bridge Set to Reopen
The Interstate 40 Hernando de Soto bridge, a major trucking corridor that runs over the Mississippi River and connects Memphis, Tenn., with Arkansas, will start reopening the week of Aug. 2 after being closed since May 11.
Schneider Reports Large Rise in Q2 Earnings
Schneider National on July 29 reported net income increased 129% year-over-year during the second quarter.