Grubhub (NYSE: GRUB) posted 52% revenue growth in Q1 2021 on revenues of $551 million compared to $363 million in Q1 2020, it said on Wednesday after market close. Gross food sales grew 60% year-over-year to $2.6 billion, up from…
Norfolk Southern (NYSE: NSC) is in the midst of deploying longer trains and increasing car velocity as ways to enhance the railroad’s productivity, executives said during a call on Wednesday to discuss NS’ financial results for the first quarter of…
This episode is brought to you by Redwood, a leading logistics platform company, has provided solutions for moving and managing freight for more than 20 years. The company’s diverse portfolio includes digital freight brokerage, flexible freight management, and innovative platform…
Over the past year, the supply chain — and more recently the pharma supply chain — has been thrust into the limelight. While that spotlight spurred celebration of the supply chain’s resilience and significance to daily living, harsher realities about…
A year ago, Ryder (NYSE: R) was entering a scary time, with the pandemic in full force and uncertainty about what it would mean for the company’s primary business of leasing trucks to a variety of users. The result: Ryder…
Commercial vehicle driveline supplier Dana Inc. (NYSE: DAN) beat top and bottom line analyst expectations in Q1 despite supply chain constraints and rising commodity prices. The Maumee, Ohio-based company experienced less exposure to the global semiconductor shortage than it expected.…
Everstream Analytics announced this week a partnership with project44 to enhance the company’s predictive supply chain risk analytics tools. Everstream said the combination of its data analytics with project44’s real-time location visibility will enable its customers to strengthen their supply…
This is an overview of ADM and its in-house fleet of trucks. However, the company also owns barges, railcars, boats and oceangoing vessels. Now a Fortune 100 company, ADM had a humble origin. George A. Archer and John W. Daniels…
The logistics arm of e-commerce giant Alibaba Group has contracted with Suparna Airlines to operate daily dedicated cargo flights between Singapore and Hainan province in China to support Hainan’s emergence as a duty-free shopping hub and growing e-commerce orders. The…
The CEO of TFI International (NYSE:TFII) hinted on Wednesday that the Canadian trucking and logistics company may be pursuing closer ties with UPS (NYSE:UPS) beyond the $800 million acquisition of its less-than-truckload division, UPS Freight. “Don’t forget this discussion that…
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