Holiday Crowds on Roads Expected to Be Bigger Than Last Year
More Americans are expected to fly or drive far from home over Christmas than they did last year, putting a cap on a busy year for travel.
Jacobs Names New Company QXO, Dealing in Building Materials
Brad Jacobs, the billionaire founder of trucker XPO Inc., plans to build his next company by acquiring businesses that distribute building materials in North America and Europe.
Occidental to Buy CrownRock for $10.8 Billion
Occidental Petroleum agreed to buyTexas shale driller CrownRock in a cash-and-stock deal valued at $10.8 billion as consolidation heats up in North America’s most-prolific oil ba
Expeditors International Posts Large Q3 Profit Increase
Expeditors International of Washington posted third-quarter gains in profit and revenue as the logistics company capitalized on tight freight capacity and soaring prices.
DHL Express Workers Strike at Cincinnati Air Cargo Hub
More than 1,100 unionized DHL Express workers walked off the job at Cincinnati/Northern Kentucky International Airport, a critical logistics hub for the package delivery company.
Update: XPO Spends $870 Million for Yellow Properties
Less-than-truckload carrier XPO Inc. has agreed to pay $870 million for 26 owned terminals and two leased properties that previously were operated by Yellow Corp., emergi
Labor Market Solid With 199,000 Jobs Added in November
The nation’s employers added a solid 199,000 jobs in November and the unemployment rate fell, fresh signs that the economy could achieve an elusive “soft landing.”
Breaking: Brad Jacobs’ Bold Billion Dollar Move – Cloned
Brad Jacobs, the billionaire who founded XPO Logistics Inc., is creating a publicly listed company designed for multiple acquisitions and funded with $1 billion, mostly from Jacobs
Breaking: Brad Jacobs’ Bold Billion Dollar Move – Cloned
Brad Jacobs, the billionaire who founded XPO Logistics Inc., is creating a publicly listed company designed for multiple acquisitions and funded with $1 billion, mostly from Jacobs
Yellow Rejects Bid to Revive Company
Shuttered less-than-truckload hauler Yellow Corp. rejected a long shot offer to revive the bankrupt company, a lawyer for the trucking firm said in a letter Dec. 7.