Less-than-truckload carrier XPO remains positioned to hit its third-quarter guidance after releasing its August operating metrics Thursday after the market closed.
STG Logistics drivers in New Jersey will be able to receive a payout for misclassification.
Brad Jacobs’ QXO is making its biggest acquisition so far in its building products rollup.
FedEx Freight has its first rating from a credit agency and it’s less than FedEx.
AI and the return of incumbent companies drove this year’s list.
Less-than-truckload carrier XPO said it would add capacity to meet the increased demand created by Yellow’s departure.
Less-than-truckload carrier XPO saw shipments and tonnage surge in July as a competitor shut down.
Less-than-truckload carrier XPO said its chief financial officer is leaving and that it has filled the role internally.
Canada and Mexico are seeing tremendous growth as a result of nearshoring efforts. This has generated significant interest in cross-border capabilities.
XPO announced the completion of a capacity expansion project in the Western part of its network.
Less-than-truckload carrier XPO reported another modest tonnage decline in May, which was in line with trends at Saia and much better than Old Dominion’s report.
In the fast-paced world of freight transportation, a carrier’s success is determined by its ability to deliver goods damage-free and on-time. But it all starts and ends with the people behind the scenes who make it all happen.
Less-than-truckload carrier XPO reported better-than-expected first-quarter results and said it remains on track to achieve long-term profitability targets.
Quarterly earnings at stand-alone brokerage RXO were healthy compared to the performance of most companies in the freight sector.
XPO fills vacant chief operating officer role with an Old Dominion veteran.
“We think about these investments as long term. We’re not making them for the next few quarters, we’re making them for the next few years and beyond,” said XPO’s Ali Faghri.
Less-than-truckload carrier XPO said it added 30-year industry veteran Wes Frye to its board as it pursues a six-year financial improvement plan.
XPO’s growth strategy includes a wider net for capturing volume, but the less-than-truckload carrier is adamant it will remain price disciplined.
XPO takes share in the fourth quarter, posting adjusted earnings ahead of consensus.
The CFO of contract logistics firm GXO Logistics says labor costs are cooling but U.S. warehouse space remains tight.
