Logistics

Nike has remained a popular shoe brand for decades (Photo: AP File/Matt Rourke)

Expeditors’ stock is too high priced, Wells Fargo says, as it cuts its rating to a level tantamount to “sell.”

Hub Group, a full-service transportation and logistics provider, detailed leadership changes on Thursday.

Management from one of the nation’s largest truck brokerages is ready to take on the industry alone.

Radiant Logistics said Wednesday it needed more time to complete a restatement of financials and submit results to the SEC.

Werner Enterprises announced the acquisition of freight broker ReedTMS Logistics for $112.4 million. The deal also included a small dedicated carrier.

Echo Global Logistics said it has acquired Fastmore Logistics, a brokerage with a specialized carrier network and expertise selling to international freight forwarders.

Holiday sales will decline by up to 50% from 2021 levels, but they will still be healthy despite macroeconomic concerns, according to the National Retail Federation (NRF).

Transfix’s head of product talks about the company’s new contract structure at F3.

Convoy’s co-founder said he’s seeing an increasing number of smaller truck carriers parking their vehicles.