Forward Air’s fourth-quarter earnings call didn’t provide the financial targets analysts were seeking following its controversial merger with Omni Logistics. The main takeaway was the company’s disclosure that the combined entity was cash flow-positive during February without any significant help from cost or revenue synergies. Forward (NASDAQ: FWRD) closed the acquisition of Omni on Jan….
A new book published in February and co-written by global supply chain reporter and author Lori Ann LaRocco and her daughter Abby Wallace traces the ancestry of four enslaved Black families and their stories and experiences. “Embracing Your Past to Empower Your Future” was inspired by a trip the authors took to Mount Vernon, the…
In a long-awaited move, Shelley Simpson has been elevated to CEO at J.B. Hunt. Simpson is currently the president of the trucking and intermodal provider. She has been with the company for almost 30 years and has been president since 2022. Simpson will assume her new role July 1. She will remain president as well….
Contract logistics provider GXO Logistics Inc. (NYSE: GXO) said Thursday it has made a $965 million, or $7.65 per share, all-cash offer for U.K. logistics firm Wincanton, topping by 26% an offer made earlier this week by French logistics rival Ceva Logistics. The latest step in the bidding war involving one of the U.K.’s largest…
Most technological solutions in trucking focus on improving some aspect of the for-hire fleet experience. Despite often being left out of the conversation, private fleets face a unique set of challenges that can often be addressed by different applications of the same solutions. When software providers do not cater to private fleets, both the provider…