6 River Systems
JULY 29, 2020
Revenue: $69.217 billion (12 months ending May 31, 2020), $69.693 billion (2019) Headquarters: Memphis, Tennessee, USA CEO: Frederick W. The company has operations in more than 40 countries and specializes in integrating different modes of transport in logistics solutions. XPO Logistics started as Express-1 Expedited Solutions in 1989.
Logistics Viewpoints
JANUARY 14, 2022
billion investment in electric vehicles and new software over the next four years in an effort to shift away from internal combustion engines. Amazon will be the first commercial customer of the upcoming all-electric van as part of a broader partnership announcement focused on software development and in-vehicle technology.
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Supply Chain Network
APRIL 4, 2011
NASDAQ: HUBG), one of the nation’s leading freight transportation management companies, announced today that it purchased Exel Transportation Services (ETS) for $83 million before post closing adjustments. Hub Group, Inc. ETS is now a wholly-owned subsidiary of Hub Group, operating independently under the name Mode Transportation.
DAT Solutions
NOVEMBER 12, 2015
The cities with tight capacity include Memphis, Rock Island, IL, and Portland, OR. Then again, while the Purchasing Managers' Index (PMI) was down to 50.1 Rates are derived from DAT RateView , a unique rate benchmarking tool based on 65,000 lanes in the U.S. I did a survey of hot markets in the U.S.,
Enterra Insights
NOVEMBER 8, 2021
Over a century ago, Clarence Saunders opened the first Piggly Wiggly in Memphis, TN. Prior to the pandemic, supermarkets were joining the growing “experience economy” by remaking stores into places where food and other products could be experienced not just purchased. “[5]. Footnotes. [1]
Logistics Viewpoints
APRIL 10, 2023
Or, alternatively, a company carries too much inventory, storage for excess inventory must be purchased, and cash flows become tight. 25% of the products are purchased and then kitted by the company. The planners were submitting new buys, or changing the order size on existing purchase orders, on a daily basis.
Freight Waves
JUNE 24, 2025
On its first night of service in 1973, FedEx Express delivered 186 packages from Memphis, Tennessee, to 25 cities with 14 Dassault Falcon business jets. In the early days, the FedEx offices at Memphis airport resembled quonset huts, the company was losing $1 million a month, and there were only 400 employees.
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