Stocks
Landstar’s July Truck Revenue Per Load Climbs 26% Amid Q3 Commentary Shift
Landstar System, Inc. (LSTR) reported a 26% year-over-year increase in July truck revenue per load, signaling a shift to Q3 commentary over...
#logistics 9 articles
Stocks
Rail Giants Union Pacific, CN Expand Networks for North American Trade
Union Pacific and CN announced a binding agreement to expand rail connectivity, granting UP Chicago operating rights and CN new Canada-Mexico service...
Stocks
J.B. Hunt Targets 1,200 New Trucks, Posts Record Intermodal Loads
J.B. Hunt Transport Services (JBHT) aims for 1,000 to 1,200 new gross truck sales, while its intermodal division achieved a record 578,000...
Economy
CMA CGM Acquires FedEx Logistics Arm for $1.4B, Tripling CEVA Size
French shipping giant CMA CGM Group will acquire FedEx Supply Chain for $1.4 billion, a move set to triple its logistics arm,...
Finance
GigSafe, U.S. Bank Partner for Instant Driver Payments in Regulated Logistics
GigSafe has integrated U.S. Bank's embedded payment solutions, enabling instant payouts to delivery drivers within its compliance and payments platform. This partnership...
Stocks
FedEx Targets $16.90-$18.10 Adjusted EPS for CY 2026
FedEx projects CY 2026 adjusted EPS of $16.90-$18.10, allocating $3.9B for CapEx and up to $1B for share buybacks.
Economy
Asyad Group Acquires Ligentia, Expanding Global Logistics Reach and Digital Capabilities
Asyad Group has completed a strategic acquisition of UK-based Ligentia Group, significantly expanding its global network to 76 cities across 24 countries...
Finance
Home Depot Boosts Delivery Speed with SIMPL Automation Acquisition
Home Depot acquires SIMPL Automation, leveraging its AI and engineering to accelerate same-day and next-day delivery, enhance storage, and optimize fulfillment.
Economy
Loop Secures $95 Million to Expand AI-Driven Supply Chain Platform
Loop has raised $95 million in Series C funding, led by Valor Equity Partners, to expand its AI-powered platform for logistics and...