Operations: Page 75

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    XPO
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    XPO cuts brokerage headcount nearly 20%, credits automation

    Revenue for XPO's brokerage division was down 14% year-over-year for 2019, but the company is finding cost savings by automating the process.

    By Matt Leonard • Feb. 11, 2020
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    UPS
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    Inaccurate maps cost logistics companies $6B: survey

    Even small problems can result in major losses for logistics companies, especially as e-commerce puts more delivery trucks on city streets.

    By Jason Plautz • Feb. 11, 2020
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    FedEx
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    FedEx to transfer some Express parcels to Ground for last mile

    The aim is to improve parcel density and cost particularity for residential deliveries, FedEx said. 

    By Morgan Forde • Feb. 10, 2020
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    Pixabay
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    Trucking companies blame slow manufacturing for rough 2019 volumes

    Landstar expects the weak trucking environment to continue in the coming months and said "it is difficult to predict the economic environment in the back half of 2020."

    By Matt Leonard • Feb. 6, 2020
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    Cummins
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    Cummins cuts inventory by $400M anticipating truck production downturn

    Private fleets are "awash in excess equipment,” according to ACT Research. Cummins' CEO said Tuesday he expects heavy-duty truck production for North America to be down 40% year-over-year in 2020.

    By Emma Cosgrove • Feb. 5, 2020