CHARLOTTE, N.C.–(BUSINESS WIRE)–RXO (NYSE: RXO) today announced that Drew Wilkerson, chief executive officer; Jared Weisfeld, chief strategy officer; and Kevin Sterling, senior market strategist, will participate in the Barclays 41st Annual Industrials Select Conference in Miami, Florida, on Wednesday, February 21, from 3:35 p.m. until 4:05 p.m. EST. A live webcast and replay of the […]
The combination also expands Rock-it’s domestic capabilities in live touring, film and TV production, and the mission critical logistics for high net worth goods. LOS ANGELES & NEW BERN, N.C.–(BUSINESS WIRE)–Rock-it Cargo, a Global Critical Logistics (GCL) company and the global leader in end-to-end logistics for live events and high net worth goods, today announced […]
Acquisition complements and strengthens Ryder’s position as a leading customized dedicated transportation provider in North America Increases scale and network density with addition of 200 operating locations; 2,900 power vehicles; and 3,400 professional drivers MIAMI–(BUSINESS WIRE)–Ryder System, Inc. (NYSE: R), a leader in supply chain, dedicated transportation, and fleet management solutions, announces it has acquired […]
European-based marine spare parts logistics specialist with more than 600 teammates in 11 countries is AIT’s most significant acquisition to date ITASCA, Ill.–(BUSINESS WIRE)–#Growth–AIT Worldwide Logistics, one of the world’s leaders in global supply chain solutions, has acquired Global Transport Solutions Group (GTS), a prominent international freight forwarder specializing in time-critical marine spare parts logistics. […]
Fourth quarter shipments down 15.7% compared to same period a year earlier, while spending by shippers dropped 13.5% MINNEAPOLIS–(BUSINESS WIRE)–The U.S. truck freight market ended 2023 with further declines in both shipment volume and spending, according to the latest U.S. Bank Freight Payment Index. Compared to the same period in 2022, fourth quarter shipment volume […]
Third Quarter Highlights: Net subscriber additions of 52,400, bringing the total base to over 1,142,000 subscribers Total revenue of $39.1 million, up 6% year-over-year (constant currency) Subscription revenue of $33.7 million, up 6% year-over-year (constant currency) Net income of $1.5 million Adjusted EBITDA up 13% year-over-year to $9.5 million, at an adjusted EBITDA margin of […]
Increasing Capacity to Keep up with Growth Steadfast in Commitment to Community Stewardship HOUSTON–(BUSINESS WIRE)–Last week, the Port Commission of the Port of Houston Authority met for its first regular meeting of the year. Chairman Ric Campo opened the meeting by commending the Port Houston team for its leadership and doing a great job over […]