Flexport has tapped Trine Nielsen as the global head of ocean freight. Nielsen most recently oversaw Flexport’s Europe, Middle East and Africa ocean team as it navigated global challenges such as the Red Sea disruptions. In her new role, Nielsen will lead Flexport’s strategy for the global ocean division and seek to enhance the company’s…
Forward Air said it remains focused on the integration of Omni Logistics and the revenue synergies it can achieve as it is now operating a platform that includes freight forwarding and contract logistics along with its legacy expedited less-than-truckload and intermodal offerings. The Greeneville, Tennessee-based company closed on the merger with Omni in January following…
GXO Logistics Inc. reported a strong performance in the second quarter, with revenue surging 19% year over year to $2.8 billion. Adjusted quarterly earnings per share was 55 cents, compared with 70 cents for the first quarter in 2023. Wall Street expectations had called for second-quarter earnings of 57 cents per share and revenue of…
U.S. Customs and Border Protection announced several large drug busts this week after field operatives seized a record-breaking 3,400 pounds of methamphetamine on the Southern border and 266 pounds of cocaine on the Northern border – all on the same day. According to a CBP news release, field operatives seized the methamphetamine – valued at…
The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates. By Bart De Muynck I spent the past few days in Philadelphia at a logistics technology conference. Philly is the city of Rocky, the underdog boxer who gets to challenge the champion and…