Gigante de la logística del contrato GXO Logistics Inc. Los ingresos del cuarto trimestre aumentaron un 25% año tras año a $ 3.25 mil millones, gracias a las ventas sólidas y un nuevo contrato de clientes importantes, dijeron funcionarios de la compañía. La compañía reportó sus resultados de...
Logistics/Supply Chains
GXO Logistics reports big Q4 gains from e-commerce customers
Contract logistics giant GXO Logistics Inc.’s fourth-quarter revenue increased 25% year over year to $3.25 billion, thanks to strong sales and a major new customer contract, company officials said.
The company reported its fourth-quarter and full-year 2024 earnings results after the market closed on Wednesday.
GXO’s adjusted earnings per share in the fourth quarter increased 43% year over year to $1.
“We had a stellar sales year, closed over $1 billion of new business wins for the second year in a...
https://www.freightwaves.com/news/gxo-logistics-reports-big-q4-gains-from-e-commerce-customers
Accelerated Global Solutions buys share of Malaysian logistics firm KGW
Freight forwarder Accelerated Global Solutions, which was acquired in November by startup parcel delivery service SpeedX, said Monday it has taken a 15% stake in Malaysia-based KGW Logistics. The transaction is part of owner Chris Zheng’s ambitious plan to develop within 18 months a $1 billion company capable of managing customers’ entire logistics process from origin to destination.
The KGW investment expands Accelerated Global Solutions’ footprint in Asia and bolsters its trans-Pacific ocean...
ALAN mapping out long-term recovery efforts in LA
When disaster strikes, the immediate response often focuses on efforts such as providing food, water and shelter to those affected. However, long-term assistance is also vital. Behind the scenes, a critical piece of both the immediate and long-term recovery process is being orchestrated by a nonprofit organization: the American Logistics Aid Network (ALAN).
ALAN has been quietly mobilizing supply chain and logistics expertise to support communities in the wake of catastrophic events for the past...
https://www.freightwaves.com/news/alan-mapping-out-long-term-recovery-efforts-in-la
Connectivity, generative AI’s impact key supply chain software themes at NRF ’25
NEW YORK – The first conference each year for supply chain software suppliers to show off their capabilities is the giant National Retail Federation meeting here, and 2025 was no different. Among the presentations: One key supplier touted the fruits of a two-year project, and another discussed how its generative AI tool has been faring in its first months.
Blue Yonder rolled out its latest update to a supply chain management platform that is used significantly in the retail sector. The company...
Automation leader says reshoring ‘a matter of national security’
In the latest episode of the Bring it Home podcast, Brian McMorris, founder and president of Futura Automation, said he sees robotics and investments in automation playing a role in reshoring decisions.
Bring It Home celebrates the North American manufacturing renaissance, reindustrialization and reshoring taking place across the continent. Its co-hosts are Craig Fuller, founder and CEO of Firecrown Media, and JP Hampstead, strategic analyst at Firecrown.
Meet McMorris
McMorris, whose company...
https://www.freightwaves.com/news/automation-leader-says-reshoring-a-matter-of-national-security
DOT releases $320M to repair Helene-damaged truck routes
WASHINGTON — The federal government is sending $320 million in emergency funding to North Carolina and Tennessee to help speed the repair of parts of I-40 and I-26, two key truck routes damaged by Hurricane Helene last September.
The funding is part of a $352.6 million “quick release” package for hurricane recovery efforts and is in addition to $167 million initially provided to the two states for emergency relief.
https://www.freightwaves.com/news/dot-releases-320m-to-repair-helene-damaged-truck-routes
Supreme Court, in case involving TQL, again declines to review broker liability
The Supreme Court, for the third time, has chosen not to take up the issue of broker liability, leaving the issue with conflicting precedents in the federal courts.
In a decision handed down Monday with no comment – which is traditional – the court denied review in the case of Gauthier vs. TQL.
In that case, Katia Gauthier, the widow of a man killed on a Georgia road in an accident with a truck hauling a load for the giant 3PL, filed suit against TQL. But both a lower federal court and an appeals...
Demand for 4PL services forecast to surpass $104B by end of 2030
As global supply chains face significant uncertainties in 2025 due to ongoing geopolitical disruptions and evolving trade policies, more companies are looking for one-stop-shop solutions such as fourth-party logistics providers (4PLs).
The 4PL market has grown 10% over the past two years and is expected to have a compound annual growth rate of 8.39% to reach $104.54 billion by the end of 2030, according to a study by Verified Market Reports.
“There’s more disruption. There’s more fluidity in the...
https://www.freightwaves.com/news/demand-for-4pl-services-forecast-to-surpass-104b-by-end-of-2030
AIT Worldwide Logistics acquires Krupp Trucking
Supply chain provider AIT Worldwide Logistics has acquired Krupp Trucking LLC, a St. Louis-based freight forwarder specializing in the transport of high-value goods.
The acquisition boosts AIT’s investment in the global logistics marketplace by aligning complementary strengths, particularly in the high-value technology logistics sector, company officials said.
“This partnership combines AIT’s vast global network and vigorous governance with Krupp’s high-quality service and logistics solutions,”...
https://www.freightwaves.com/news/ait-worldwide-logistics-acquires-krupp-trucking