Ceva Logistics to acquire logistics provider in Turkey
Global logistics company Ceva plans to purchase Borusan Tedarik, a 3PL in Turkey, for $400 million.
Global logistics company Ceva plans to purchase Borusan Tedarik, a 3PL in Turkey, for $400 million.
S&P Global is making a multistep deal with Orbcomm, taking a stake in it and buying a maritime offering.
Brad Jacobs’ QXO has a non-investment-grade debt rating in its first review by the two biggest ratings agencies.
UPS is expanding its precision logistics capabilities in the pharmaceutical and life sciences sectors with an agreement to purchase Andlauer Healthcare Group in Canada.
Freight forwarder AIT Worldwide Logistics announced it has acquired a Miami-based forwarder.
Another broker liability case is now before a federal appeals court, increasing the chances the issue will go before the Supreme Court.
Logistics warehouse operator Prologis reiterated its 2025 guidance on Wednesday but noted that uncertainty around a volatile trade landscape has customers delaying leasing decisions.
J.B. Hunt Transport Services’ first-quarter earnings result came in ahead of recently lowered forecasts.
The CEO of Truckstop said in an interview that fighting freight fraud is challenging given that nobody goes to jail over it.
Third-party logistics provider FitzMark announced the acquisition of brokers High Point Logistics and Pentonix Freight.
It was AI all the way at the Transportation Intermediaries Association conference as companies rolled out new solutions to aid the brokerage community.
Freight fraud was the consistent theme at the opening session of the annual meeting of freight brokerage’s biggest group, the Transportation Intermediaries Association.
Forward Air said Wednesday that 10% to 15% of last year’s revenue would have been impacted by the new tariffs.
Supply chain visibility topped a relevancy survey of logistics providers by shipping giant Maersk, while AI brought up the bottom of the list.
Vertical Cold Storage has acquired Arctic Logistics and its warehouse serving the Detroit-Ontario, Canada, region.
Cold storage facility operator Lineage has acquired Bellingham Cold Storage and its three warehouses.
A supply chain sentiment survey logged its third-fastest rate of decline during March, with transportation datasets seeing further cooling.
Germany’s DHL Group is acquiring U.S.-based CryoPDP to boost its health care logistics business.
Susquehanna Financial Group lowered its earnings forecasts for the truckload, intermodal and logistics companies it follows.
FedEx is simplifying returns for merchants and consumers with a new tech-enabled service that doesn’t require a box or shipping label.
Logistics entrepreneur Brad Jacobs has closed his first deal in the building products sector with the purchase of Beacon Roofing Supply.
Fresh off a year of recovery and stabilization, chassis manufacturers are counting on upgraded technology and revitalized fleets to maneuver through challenges in 2025.
Supply chain management company Flexport is suing Freightmate AI, alleging former Flexport employees now heading the logistics software company stole sensitive commercial documents.
Rail services provider County Line Rail has acquired short line Sabine River & Northern in east Texas.
RXO is involved in a legal case that could become another precedent in the question over when brokers can be held liable after a theft or accident.
A wave of layoffs and furloughs has hit jobs tied to the manufacturing and freight sectors in the U.S., Canada and Mexico.
Supply chain managers stockpiled goods again in February in efforts to outrun looming tariffs.
Radiant Logistics has acquired California-based freight forwarder Transcon Shipping.
The launch of project44’s Freight Procurement Analytics marks a major step forward in optimizing carrier networks and rate negotiations
Allstates WorldCargo announced it has acquired freight forwarding peer Saturn Freight Systems.
Forward Air has largely finished the integration of Omni Logistics and now needs a much-improved demand environment to return margins to former levels and pay down debt.
Recent data released by RXO shows continued signs of rate inflation as 2025 gets underway, with spot rates rising and capacity continuing to exit the market.
Executives at some of the nation’s largest truckload transportation providers are seeing incrementally positive signs that the market is turning.
Ridgefield, Washington, industrial automation company Lab0 announced the launch of the first industrial humanoid-inspired system designed to fully automate inbound warehouse operations.
Stephenson & Company is poised to launch three new benchmarking studies in order to better understand what metrics drive success in the transportation industry
The change at the top of Manhattan Associates looked like an ouster, but former CEO Eddie Capell met with analysts to say it wasn’t.
President Donald Trump has announced a plan for possible reciprocal tariffs on U.S. trade partners.
GXO Logistics Inc. saw solid growth in 2025 and could expand in North America through an acquisition.
Sotira, which is leveraging AI to help brands offload and capitalize on their surplus inventory, has raised $2 million in funding.
GXO Logistics’ fourth-quarter revenue surged 25% year over year to $3.25 billion.
The rise in insurance fraud underscores the need for a proactive approach across the supply chain.
Radiant Logistics’ fiscal second-quarter earnings beat was largely tied to one-time project freight.
The logistics industry is no stranger to financial inefficiencies, particularly in the accounts receivable process – something Upwell aims to combat.
“I have never seen a role like a cradle-to-grave broker in any other industry,” said FreightHero’s founder and CEO.
Werner Enterprises reported a big earnings miss in the 2024 fourth quarter due to outsize insurance claims.
RXO’s stock price was pummeled Wednesday after the release of its earnings
Integrated parcel carrier Purolator has become even more integrated with the addition of customs broker Livingston International.
RXO predicts in its fourth-quarter earnings report that it will have greater synergies from its Coyote acquisition.
ArcBest’s fourth-quarter results were ahead of analysts’ expectations but reflect a sluggish demand environment.
ArcBest beat fourth-quarter expectations Friday but noted that continued industrial weakness is weighing on its results.
C.H. Robinson posted strong year-on-year gains, but some of the sequential numbers were softer.
Landstar System sees the truckload market as still in a transition period.
C.H. Robinson’s fourth-quarter earnings show some continued improvement sequentially, which has been a key metric for investors.
Landstar System missed fourth-quarter consensus on Wednesday and issued first-quarter guidance well shy of expectations.
Shippers and logistics professionals are bracing for U.S. tariffs on Mexican and Canadian imports that could begin Saturday.
An annual report from logistics real estate landlord Prologis calls for a slight recovery in market rents during 2025 following the first decline in more than 15 years.
The project44 vs. My Carrier dispute over eBOL technology has reached a Delaware court, with both sides asking for injunctions.
ALAN has been quietly mobilizing supply chain and logistics expertise to support communities in the wake of catastrophic events for the past 20 years, most recently in Los Angeles.
Logistics warehouse operator Prologis sees a positive inflection point nearing.
Amazon has a track record of creating technology driven logistics solutions to meet their own needs – and sharing those solutions with everyone else.
Amazon Relay stands out as a gateway for carriers of all shapes and sizes to access Amazon’s growing freight opportunities.
As the first president of Armada Sunset Holdings, Chris O’Brien sees strong potential for technologies such as AI and machine learning to drive innovation in supply chain management.
In a case involving 3PL giant TQL, the Supreme Court has again chosen not to review the issue of whether a broker is liable when a carrier it hires is held liable in an accident or other incident.
A federal court has again ruled in favor of the 3PL industry on the issue of broker liability.
BlueGrace Logistics has acquired FreightCenter, which significantly expands its less-than-truckload offering.
Digital 3PL Fura announced Friday its third acquisition with the addition of Pinwheel Logistics.
Chicago’s impact on freight transportation is a story of innovation, entrepreneurship, and risk-taking that spans decades.
Participants in a key conference discussed how private equity dollars sitting on the sidelines could boost logistics M&A.
When the cost of doing business increases, making moves toward more efficient operating structures becomes more important than ever.
Cross-border trade flows for industries such as autos, lumber and agrifoods could be affected by President-elect Donald Trump’s proposed tariffs, experts said.
Drew Wilkerson, CEO of RXO, spoke about RXO’s recent acquisition of Coyote Logistics, implementing newly acquired technology and his thoughts on M&A in 2025.
TQL isn’t satisfied with its victory in a federal appeals court; it wants the Supreme Court to take up the question of broker liability.
As Outgo continues to innovate, carriers can look forward to an all-in-one financial platform that truly meets the demands of modern logistics.
C.H. Robinson had its first investors day in seven years, and the audience liked what it heard.
With 2024 drawing to a close, team leaders at SONAR discussed during a Thursday webinar the top enhancements made to the logistics data platform.
Supply chain consultant Brittain Ladd sees the wrong people going into key supply chain jobs.
The U.S. Supreme Court has declined previously to review cases involving the question of broker liability after serious trucking accidents but has been asked to weigh in again.
New tariffs by the Trump administration on products from China, Canada and Mexico will hit companies and consumers with increased costs, experts said.
In 2023, Mexico surpassed Canada to become the largest U.S. trading partner.
The volume of logistics private equity deals is relatively stable as private equity dealmakers gather in New York.
Scarbrough Global is acquiring Brownsville, Texas-based Parker & Co. to boost operations along the U.S.-Mexico border.
Radiant Logistics has acquired intermodal marketing company TCB Transportation.
The logistics industry has been shaped by unpredictability and change this year, creating a difficult environment for newer and smaller companies to survive.
GXO Logistics CEO Malcolm Wilson will retire next year after leading the company since 2021.
The November Logistics Managers’ Index showed a jump in transportation pricing even as capacity stepped higher.
Corey Klujsza, vice president of RXO, talks about Coyote Curve integration, the company’s latest spot market report and what the report means for the freight market.
Trump plans for tariffs on all imports from Canada, China and Mexico starting Jan. 20.
The trucking industry is undergoing a transformative shift, fueled by market changes, geopolitical factors and evolving consumer behavior.
Smart label technology developed by Chorus and Kuehne+Nagel tracks packages by using Bluetooth connectivity and AirTags.
Josh Allen, chief commercial officer at ITS Logistics, spoke Thursday about investments the logistics industry should make in 2025 to develop their companies and workforce.
To come together, the logistics industry’s propensity toward competition will have to give way to an overarching spirit of collaboration, J.B. Hunt President and CEO Shelley Simpson said at the F3: Future of Freight Festival.
Dan Lewis, co-founder and former CEO of Convoy Inc., discussed the rise and fall of the digital freight brokerage he helped create and the lessons he learned along the way on Tuesday at FreightWaves’ F3: Future of Freight Festival.
This year’s F3: Future of Freight Festival will pull into the heart of Freight Alley in Chattanooga, Tennessee, Nov. 19-21.
Amazon, DHL, GXO, Kuehne+Nagel, Pepsico and True Value Co. are among firms announcing job cuts, according to a new round of worker reduction notices.
Supply chain services giant Kuehne+Nagel said it has acquired a majority share of IMC Logistics, a marine drayage provider handling 2 million TEUs per year.
Radiant Logistics beat expectations for the recent quarter and expects an uptick in gross profit during the last quarter of the year as it supports hurricane relief efforts.
U.S. liquefied natural gas exports to China could be affected by an escalation of tariffs between the two countries, said Ricaurte Vasquez, administrator of the Panama Canal Authority.
RXO is boasting that its projected efficiency savings from the Coyote Logistics acquisition will surpass earlier estimates.
RXO’s third-quarter earnings were highlighted by the first numbers from Coyote Logistics as well as an operating loss.
Forward Air continues to refresh its leadership team, hiring a new chief commercial officer on Wednesday.