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GlobalTranz, Worldwide Express Chart Course After Merger
The recent merger of GlobalTranz Enterprises and Worldwide Express is still in the getting-to-know-you phase and steps are being discussed to become fully integrated, executives from both companies said.
XPO Logistics Spinoff GXO Officially Goes Public
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.
Universal 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.
Werner Reports Q2 Record for Net Income
Werner Enterprises posted record results for net income, operating income and diluted earnings per share during the second quarter, the company announced.
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.
Schneider Reports Large Rise in Q2 Earnings
Schneider National on July 29 reported net income increased 129% year-over-year during the second quarter.
XPO Posts Q2 Profit on Record Revenue
Lifted by the highest revenue of any quarter in its history, XPO Logistics Inc. swung its second-quarter bottom line to a profit from a loss in the year-ago period.
Echo Global Logistics Posts Q2 Gains
Echo Global Logistics reported large gains in both income and profit for the second quarter as it experienced record performance in both its managed transportation and brokerage businesses.
Uber Freight to Acquire Logistics Firm Transplace for $2.25 Billion
Uber Technologies Inc.’s freight business will acquire logistics technology firm Transplace from TPG Capital for $2.25 billion, the company announced July 22.
Landstar Reports Record Earnings for Q2
Landstar System reported an all-time record for quarterly net income in its second-quarter financial results.