GXO Logistics is positioning North America as its central growth engine in 2026, betting that reshoring, tariff-driven supply chain redesign and accelerating automation will fuel margin expansion and free cash flow gains. The Greenwich, Connecticut-based contract logistics provider reported fourth-quarter 2025 adjusted earnings of approximately 87 cents per share on $3.5 billion in revenue last… Continue reading GXO sees demand tailwinds across North America as automation drive intensifies
Wed Apr 13 07:11:02 CDT 2022
Month: February 2026
FedEx ‘highly confident’ grounded MD-11s will return to service
FedEx Corp. is not giving up on the MD-11 despite a protracted grounding of the aging aircraft following a fatal crash in early November that led rival UPS to pull the plug on its MD-11 fleet. The integrated parcel and freight carrier has consistently projected a rosy outlook for its fleet of 28 MD-11 widebody… Continue reading FedEx ‘highly confident’ grounded MD-11s will return to service
Canadian firm to acquire breakbulk, steel terminal at Mexico’s Port of Altamira
Logistec Corp., a Montréal-based marine and logistics provider, has entered into an agreement to acquire 100% of IPA Terminal, a breakbulk and steel handling facility at the Port of Altamira, marking the company’s first move into Latin America. The transaction, announced Tuesday, aims to position Logistec as a broader global multi-purpose marine terminal operator and… Continue reading Canadian firm to acquire breakbulk, steel terminal at Mexico’s Port of Altamira
Autotech Ventures bets big on hard-to-copy logistics startups
LAS VEGAS — Autotech Ventures is placing its chips on logistics startups that can’t easily be copied. It’s a strategy its managing director says separates lasting winners from the crowded field of AI solutions flooding the market. Numerous AI-powered freight technology companies were showcased at Manifest 2026. The early-stage venture capital firm manages roughly $600… Continue reading Autotech Ventures bets big on hard-to-copy logistics startups
Dry van report: Capacity shrink drives up freight rates despite low volumes
The U.S. Bank National Shipments Index saw a modest 1.5% increase in the fourth quarter, following a 2.9% contraction in the third quarter. Despite this sequential improvement, overall freight volumes remained low, with shipment numbers declining by 4.9% compared to the prior year. This highlights persistent challenges for both motor carriers and shippers in the… Continue reading Dry van report: Capacity shrink drives up freight rates despite low volumes