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Latest in Earnings and Deals
C.H. Robinson to Acquire RXO
5+ hour, 28+ min ago (94+ words) News, trends and best practices for warehousing, transportation and supply chain professionals. C.H. Robinson Worldwide, a Fortune 1000 provider of transportation solutions, announced on October 5 that it will acquire RXO, a last-mile logistics provider. The acquisition will be a stock-and-cash transaction valued…...
FedEx Snaps Losing Streak as $300 Million EV Truck Bet Draws Praise
15+ hour, 32+ min ago (485+ words) FedEx Corp. (FDX) broke a four-week slide last week, with shares climbing 1.6% after the delivery giant's push into electric vehicles won a public endorsement from a prominent wealth manager. The rally, though modest, arrives as logistics operators grapple with elevated…...
Logistics, Efficient Supply Chains Drive Competitiveness: FedEx
13+ hour, 57+ min ago (449+ words) Q: How does FedEx Mexico help micro, small, and medium-sized enterprises (MSMEs) transition from local sales to export operations? Q: How have the new station in Monterrey and the agreement signed in Nuevo Leon last year enhanced operations and delivery times? A: The…...
CH Robinson to Buy Logistics Firm RXO in $5.8 Billion Deal
19+ hour, 37+ min ago (283+ words) CH Robinson Worldwide Inc. agreed to buy trucking brokerage firm RXO Inc. in a deal valued at about $5.8 billion, bolstering the combined companies’ logistics operations at a challenging time for the freight industry. RXO shareholders will receive $17.25 in cash and…...
Amex Offer: Save 45% on Shipping With UPS [Targeted]
3+ day, 16+ hour ago (525+ words) Countries Visited: 104U.S. States Visited: 24 687 Published Articles 1405 Edited Articles Countries Visited: 18U.S. States Visited: 43 Looking to save a massive amount on shipping services? Check your Amex Offers for a deal that provides a 45% discount on UPS small-parcel shipments, up to $500. Here’s everything…...
FedEx rolls out added security option for select deliveries
3+ day, 19+ hour ago (197+ words) FedEx Authenticated Delivery requires the recipient to present a QR code upon arrival, which could benefit high-value items like electronics. The launch of FedEx Authenticated Delivery marks another way the carrier is pushing to draw higher-value packages into its network…...
FedEx buying more than $300M of electric trucks
4+ day, 17+ hour ago (202+ words) Daily Memphian FedEx Corp. is buying more than 2,000 electric trucks from a California-based startup in a deal worth more than $300 million, officials announced Wednesday, Sept. 30. Garden Grove, California-based automotive and industrial manufacturer Harbinger said in a news release that the…...
FedEx Signs $300 Million Electric Truck Deal With Harbinger
4+ day, 16+ hour ago (296+ words) FedEx signed a $300 million deal with Harbinger for 2,000 electric trucks to accelerate fleet electrification. The massive order supports a 2040 carbon neutrality goal and aims to slash annual fuel costs by $40 million. Electric truck manufacturer Harbinger announced that it has received…...
Daimler Truck Financial Services
6+ day, 9+ hour ago (11+ words) Business North Carolina Daimler Truck Financial Services...
Daimler Truck opens Ballantyne headquarters, bringing 300 jobs
5+ day, 13+ hour ago (104+ words) Daimler Truck leadership and North Carolina officials celebrate the grand opening of the Daimler Truck Financial Services North American headquarters in Charlotte. (CHASE JORDAN) CHARLOTTE — Daimler Truck Financial Services has officially opened its new headquarters in Ballantyne. The company provides…...