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Business, Logistics, Top 100, TCA

Swift Logistics to Close Pennsylvania Warehouse

Swift Logistics will close its warehouse in Springettsbury Township, Pa., on Dec. 31, and 56 employees will be laid off.

Daniel Urie | Pennlive.com
October 30, 2019
Business, Equipment, Fuel, Logistics, Top 100

Canadian Carrier Mullen Sees Q3 Earnings Decline as Oil Shipments Fall

Canadian carrier Mullen Group Ltd. posted a 6.4% decline in net income in the third quarter, to C$20.5 million or 20 cents per share, according to a company news release Oct. 24.

Dan Ronan | Senior Reporter
October 30, 2019
Business, Technology, Logistics, Top 100

UPS to Upgrade Health Care-Dedicated Warehouse Network

UPS Inc. will add major upgrades to its health care-dedicated warehouse and distribution network, according to an Oct. 28 news release.

Jim Stinson | Staff Reporter
October 28, 2019
Business, Technology, Logistics, Top 100

FedEx E-Commerce Revamp Jolts Delivery Army by Piling on Costs

FedEx Corp.’s drive to reap the rewards of e-commerce is stirring anxiety among some of the company’s most important partners: the thousands of small businesses that handle its ground deliveries.

Thomas Black | Bloomberg News
October 28, 2019
Top 100

Old Dominion Misses Wall Street Expectations With Q3 Earnings

Old Dominion Freight Line cited slowing economic growth for third-quarter financial results that declined on a year-over-year basis and missed Wall Street expectations.

Dan Ronan | Senior Reporter
October 27, 2019
Business, Top 50, Top 100

XPO Partners With Susan G. Komen

XPO Logistics Inc. said it will partner with Susan G. Komen, a nonprofit breast cancer organization, in a campaign to raise awareness about the disease.

October 25, 2019
Business, Technology, Logistics, Autonomous, Top 100, TCA

XPO Logistics Launches Partnership With MIT

GREENWICH, Conn. — XPO Logistics Inc. announced Oct. 24 that it was teaming up with the Massachusetts Institute of Technology to advance innovation in its industry.

Paul Schott | The Advocate (Stamford, Conn.)
October 24, 2019
Business, Top 100, TCA

UPS Predicts Record Holiday Season

UPS Inc. says it has been preparing for what it expects to be a record-breaking holiday shipping season by building additional automated facilities and adding jets to its fleet to handle more packages as online shopping continues to grow.

Kelly Yamanouchi | The Atlanta Journal-Constitution
October 23, 2019
Business, Logistics, Top 100

Covenant Transportation Posts $3.2 Million Net Loss in Q3

Covenant Transportation Group Inc. reported a net loss of $3.2 million in the third quarter of 2019, compared with net income of $11.6 million in the same quarter of 2018.

Jim Stinson | Staff Reporter
October 22, 2019
Business, Equipment, Logistics, Top 100

Layoffs Hit Stevens Tanker, Amazon Contractors

Closures and layoffs continue to vex the trucking industry in 2019, but three recent downsizings were attributed by the companies involved more to the vicissitudes of the energy, retail and final-mile industries than to a slowdown in the overall freight market.

Jim Stinson | Staff Reporter
October 22, 2019