XPO Logistics has selected GXO Logistics as the name of the stand-alone logistics company that it will spin off from its larger operation later this year.
FedEx Corp. announced plans to achieve carbon–neutral operations globally by 2040, with vehicle electrification a key tenet of the strategy.
The head of Daimler’s global truck operation believes the upcoming restructuring into a separate company positions it to accelerate growth in terms of both innovation and financial opportunity.
Amazon.com founder Jeff Bezos will step down as the online giant’s CEO but will stay on as executive chairman, the company announced Feb. 2.
FedEx Corp. has announced that Lance Moll will be the next president of FedEx Freight. He replaces John A. Smith, who will take over FedEx Ground upon the July retirement of current president Henry Maier.
TFI International Inc. is acquiring UPS Freight in an $800 million deal announced Jan. 25.