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The post Daily Infographic: US meal and grocery delivery users doubled between 2017 and 2022 appeared first on FreightWaves.
The post Daily Infographic: US meal and grocery delivery users doubled between 2017 and 2022 appeared first on FreightWaves.
MIAMI — Alliance Ground International (AGI), a fast-growing airport services company focused on cargo, plans to start looking for international expansion opportunities in South America later this year, said CEO Jared Azcuy. The ground handling agent last year entered the Canada market through the acquisition of Airport Terminal Services and announced its intent to add…
When RXO came out with its first-quarter earnings for 2023, its performance was clearly superior to those of its brokerage peers, and it looked like the company might have found the magic sauce to handle a weak freight market. But the latest quarterly report from the stand-alone 3PL had landed with a thud, a declining…
Ryder System’s fourth quarter saw the continued rise of its Supply Chain Solutions (SCS) segment as a growing contributor to revenue and profitability, with used vehicle sales hurting the performance of its signature Fleet Management Solutions (FMS) vehicle leasing division. In prepared remarks released with the earnings, CEO Robert Sanchez, who has been leading the…
Claims that defunct less-than-truckload carrier Yellow Corp. failed to provide appropriate notification to employees ahead of mass layoffs last summer may not be resolved until later this year, a Thursday hearing in a Delaware bankruptcy court revealed. Judge Craig Goldblatt proposed a timeline that allows for fact discovery through mid-August, with summary judgment motions likely…
Broker Landstar System said it’s readying for an inflection, noting largely normal seasonal trends on its first-quarter call. The fact that it isn’t in cost-cutting mode like the asset-based operators is a bit of a reprieve from the carnage this earnings season has delivered. The company beat expectations for the first quarter, but its second-quarter…
After 32 years in Texas, Arrow Truck Sales announced it is closing its three branches across the Lone Star State. The closures are related to a state law prohibiting motor vehicle manufacturers from also owning auto dealerships and selling vehicles directly to consumers. Arrow Truck Sales is a subsidiary of automaker Volvo. “The closure of…