Last-Mile Delivery

CEO Alain Bedard said renting out terminal space is a way to buoy TFI’s real estate portfolio.

Amid heightened scrutiny over the direction of the company, Forward Air’s management team defends its current strategy. Fourth-quarter results were negatively impacted by a December cyberattack.

Leaf Logistics CEO Anshu Prasad believes manufacturers of food and consumer packaged goods could be in jeopardy of missing earnings expectations as transportation rates remained elevated throughout the quarter.

XPO Logistics sees strong momentum coming off an excellent fourth quarter.

An open letter from activist investor Ancora Advisors says “ineffective capital allocation” and diversification into “margin- and return-dilutive service offerings” have led to inferior results for Forward Air compared to other less-than-truckload carriers.

A top FedEx reverse logistics expert says the online returns tsunami has just begun.

Amazon reportedly will nurture hundreds of startup trucking companies to haul its goods.

Amazon CEO steps away after going where no retailer had gone before.

Amazon announces a leadership shift as it crushes fourth-quarter 2020 estimates and reports $125 billion in revenue.

Scott Ruffin’s company is poised to exploit weaknesses in legacy delivery networks to take B2C share.

Could DB Schenker be the next TFI International? TFI just agreed to buy UPS Freight. DB Schenker is ready to become a pure play trucker in the U.S. and will be looking for sellers.

UPS lost its 16-year battle to succeed in LTL. Now it’s TFI’s turn.

UPS takes part in a business panel on why Congress should support last-mile delivery and electric vehicles.

Past Forward Air CFO Andy Clarke outlines his outlook for improving returns at his former company. He represents an activist investor group, which includes turnaround investment firm Ancora Advisors and Forward’s founder.

Deliveright, a digital delivery network for heavy goods, announced the launch of a new app with e-commerce company Shopify.

Cardinal Logistics has acquired heavy-goods final-mile provider NRX Logistics. The deal marks the third final-mile transaction for M&A advisory firm Tenney Group in the last year.

J.B. Hunt Transport Services’ fourth quarter came in better than expected. However, the company said it was reviewing long-term margin targets across all segments. Intermodal margin forecasts may be reduced but other units could see upward revisions.

J.B. Hunt Transport Services’ fourth quarter outpaces analysts’ forecasts. Brokerage, truck and final-mile divisions benefit from revenue surge.

The levy will apply to customers tendering 30,000 weekly parcels from Jan. 4 to Jan. 31.

Deutsche Post DHL’s Express and E-Commerce units report strong numbers.