Former CFO Nicky Osborne of shuttered Bison Global Logistics was sentenced to nearly four years in prison and ordered to pay back nearly $8 million in fraud and tax evasion scheme.
With Malcolm Wilson, XPO’s chief executive officer for Europe, taking the lead as the CEO of GXO, the company expects the spinoff will create long-term value for its stakeholders.
A new report from IBM Security, “X-Force Threat Intelligence Index 2021,” highlights the evolving nature of the cybersecurity threats facing companies — with ransomware coming out on top.
This fireside chat about logistical trends in artificial intelligence and automation highlights a variety of misconceptions. “Almost immediate ROI” might be enough to steer logistics companies toward AI, said Kate Curtin, head of marketing at Deep Cognition.
Allyn International experts discuss how a 4PL control tower acts as the nervous system in a global supply chain.
An Illinois firm, Lions Logistics 1, which specialized in perishable foods and other time-sensitive loads, filed for Chapter 7 bankruptcy, reporting a 96% drop in revenue in 2020.
Alibaba is a massive online shopping platform, but it also wants to be a dominant logistics provider around the world. It now covers Japan.
Logistics provider ArcBest beats third-quarter expectations by 50%. Improved demand and cost management drive the result.
The BNSF Logistics team rallies around a shared purpose: “We deliver what matters.”
Logistics giant NFI is adding 5,000 new jobs before the end of 2020, further evidence of the demand on trucking to meet pandemic-induced and holiday freight needs.
Increased e-commerce sales are driving the need for additional industrial warehouse space for retailers and shipping companies.
Radiant Logistics achieves a couple of records during the recent quarter. Moving PPE and other aid paves the way to a large earnings beat.
Radiant Logistics reports new revenue and earnings records in a fiscal fourth-quarter update. The company has delayed its annual filing and conference call with analysts, citing delays associated with the pandemic.
Chris Thomas, a veteran venture capitalist from the mobility sector, teams with Detroit and European-experienced experts to invest in startups in physical and digital movement of freight, people, data and energy.
July supply chain survey confirms torrid pace of logistics recovery as transportation capacity remains in short supply and rates bound higher.
Trident is converting spot opportunities to contracted business in the pandemic.
Temperature-controlled e-commerce fulfillment provider Perishable Shipping Solutions has closed an $8.7 million funding round. The company plans to add new terminals to its two-facility operation and hire staff.
Werner Enterprises reports second-quarter earnings well ahead of analysts’ forecasts and largely in line with the year-ago quarter.
Knight-Swift sees demand improve throughout the second quarter, producing a big earnings beat. The carrier raises its 2020 earnings outlook to a level higher than its original expectation.
Logistics REIT Prologis sees demand for space accelerate even as e-commerce activity recedes to near-normal levels. 2020 outlook raised on market tightness.
