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.
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, 2019XPO 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.
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.
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.
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.
UPS, AmerisourceBergen Plan Drone Drug and Device Delivery
UPS Inc. and AmerisourceBergen, the Chesterbrook, Pa.-based drug distributor, are working together to use UPS’ new Flight Forward “drone airline” to ship drugs and supplies to hospitals through small, unmanned aircraft across the U.S.
UPS Net Income Up 15.9%, Revenue Rises 5%
UPS Inc. reported $1.75 billion in net income in the third quarter of 2019, up 15.9% from the same period a year ago, in an earnings statement released Oct. 22.
Dependable Supply Chain Services Adds Two Orange EV Tractors to Increase Sustainability
ONTARIO, Calif. — Dependable Supply Chain Services has deployed two electric terminal trucks from Orange EV at its facility here.
Former GE Executive Aris Kekedjian Appointed to XPO Logistics Board
Transportation and logistics giant XPO Logistics has announced the appointment of Aris Kekedjian, a longtime GE executive, to its board of directors.