XPO Logistics Inc. narrowed its fourth-quarter loss to $9.9 million, excluding a charge related to an equity offering, while continuing its path of rapid revenue growth.
February 18, 2015
Rankings Warehousing
Logistics 100 | Freight Brokerage | Dry Storage Warehousing | Refrigerated Warehousing | Dedicated | Ocean Freight | Airfreight
Top Dry Storage Warehousing Firms
No rankings are available for this year.
Logistics News
Business, Logistics
XPO Narrows Loss, Boosts Revenue, Sets Targets
Business, Logistics
Neptune Orient Lines to Sell APL Logistics for $1.2 Billion
Singapore-based Neptune Orient Lines has agreed to sell its APL Logistics business unit to Japanese shipping firm Kintetsu World Express for $1.2 billion.
February 18, 2015Business, Logistics
Canadian Pacific Stoppage Ended by Binding Arbitration
A two-day strike at Canadian Pacific Railway Ltd. by the Teamsters Canada Rail Conference ended when both sides agreed to binding arbitration to end a dispute covering approximately 3,000 train crew workers.
February 17, 2015Business, Safety, Government, Equipment, Logistics, Technology, Autonomous
NTSB Urges Greater Attention to Truck Maintenance Issues
WASHINGTON — Trucking companies with poor safety records should redouble their maintenance efforts and pay particular attention to brake systems, the acting chairman of the National Transportation Safety Board said.
February 16, 2015Business, Government, Logistics
Consumer Confidence Falls as Gas Prices Start to Rise
Consumer confidence fell in February as gas prices started to rise from a six-year low and damped Americans’ optimism about the economy.
February 13, 2015Business, Logistics
CSX Names Oscar Munoz as President
CSX Corp. said its board of directors unanimously elected Oscar Munoz as president, effective immediately, and that he will remain chief operating officer.
February 12, 2015Business, Logistics
Intermodal Rail Traffic Dips 3.3% for Week
U.S. rail intermodal traffic declined 3.3% in the week ended Feb. 7 compared with the same week last year, the Association of American Railroads reported.
February 11, 2015Business, Logistics
XPO Acquires UX Logistics for $59 Million
XPO Logistics announced that it has paid $59 million to acquire UX Specialized Logistics, which makes last-mile deliveries for retail chains and online retailers.
February 10, 2015Business, Government, Safety, Logistics
California Court Awards $2.2 Million in Ruling for Pacer Cartage Drivers
A California state court has awarded seven drayage drivers for an XPO Logistics subsidiary $2.2 million in an ongoing battle over worker classification, which could intensify with further legal action.
February 9, 2015Business, Logistics
Union Pacific Promotes Lance Fritz to CEO
Union Pacific announced that it has promoted Lance Fritz to CEO from chief operating officer, succeeding John Koraleski, who was named executive chairman.
February 6, 2015Archives
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