Logistics/Supply Chain Management
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DXP Enterprises, Inc. Reports Fourth Quarter and Fiscal 2025 Results
Businesswire· 2026-02-25 22:28
STATEMENTS OF OPERATIONS($ thousands, except per share amounts)Three Months Ended December 31,Twelve Months Ended December 31,2025202420252024Sales$527,390$470,914$2,016,365$1,802,040Cost of sales360,799322,4221,380,4371,245,763Gross profit166,591148,492635,928556,277Selling, general and administrative expenses119,920109,201459,058410,895Income from respectively397,502339,365Inventories108,144103,113Costs and estimated profits in excess of billings53,85550,735Prepaid expenses and other current assets47,0332 ...
Expeditors Announces New Share Repurchase Program
Businesswire· 2026-02-24 13:15
Expeditors Announces New Share Repurchase ProgramFeb 24, 2026 8:15 AM Eastern Standard Time# Expeditors Announces New Share Repurchase ProgramShare---BELLEVUE, Wash.--([BUSINESS WIRE])-- Expeditors International of Washington, Inc. (NYSE: EXPD) today announced that on February 23, 2026, its Board of Directors authorized a new share repurchase program that permits the repurchase of up to $3 billion of the Company's common stock. The repurchase authorization will be effective upon expiration of the current au ...
Genesis Energy, L.P. Files Form 10-K
Businesswire· 2026-02-18 12:20
Genesis Energy, L.P. Files Form 10-KFeb 18, 2026 7:20 AM Eastern Standard Time# Genesis Energy, L.P. Files Form 10-KShare---HOUSTON--([BUSINESS WIRE])--Genesis Energy, L.P. (NYSE: GEL) today announced that it has filed its Annual Report on Form 10-K for the fiscal year ended December 31, 2025 with the Securities and Exchange Commission. A copy of this Form 10-K may be found on the Partnership's website at [https://www.genesisenergy.com/investors/sec-filings]. A hard copy of the Form 10-K may be requested fr ...
NPK International Announces Fourth Quarter and Full-Year 2025 Results Conference Call and Webcast Date
Businesswire· 2026-02-12 13:05
Group 1 - NPK International Inc. will release its fourth quarter and full-year 2025 results on February 25, 2026, with a conference call scheduled for February 26, 2026, at 9:30 a.m. ET [1] - The company specializes in site access solutions, manufacturing, selling, and renting sustainable composite matting products, along with offering planning, logistics, and site restoration services [1] - NPK International serves critical infrastructure markets, including electrical transmission and distribution, oil and gas exploration, pipeline, renewable energy, petrochemical, and construction [1] Group 2 - NPK International announced the acquisition of Grassform Plant Hire Limited for an all-cash purchase price of £35.2 million ($46.4 million), with potential additional consideration based on performance improvements [1] - The acquisition was primarily funded using cash on hand, indicating a strong liquidity position for the company [1]
Ryder CEO to Address Citi's 2026 Global Industrial Tech and Mobility Conference
Businesswire· 2026-02-04 11:55
Core Insights - Ryder System, Inc. will have its Chairman & CEO Robert Sanchez address the 2026 Citi Global Industrial Tech and Mobility Conference on February 17, 2026, at 9:40 a.m. Eastern Standard Time [1] Company Overview - Ryder System, Inc. is a fully integrated port-to-door logistics and transportation company providing supply chain, dedicated transportation, and fleet management solutions [1] - The company operates across more than 20 industries in the United States, Mexico, and Canada, managing nearly 250,000 commercial vehicles and operating approximately 300 warehouses totaling over 100 million square feet [1] - Ryder is recognized for its industry-leading practices, technology-driven innovations, and environmental management [1] Financial Information - Ryder's revenues for 2024 are reported at $12.6 billion [1] Recent Developments - Ryder has completed the acquisition of Truck Service Depot, enhancing its Torque by Ryder™ retail mobile maintenance business [1] - The company will release its fourth quarter 2025 earnings on February 11, 2026, with a conference call scheduled for the same day at 11 a.m. Eastern Time [1] - Tammy Romo has been elected to Ryder's Board of Directors, effective January 5, 2026, bringing her transportation expertise to the board [1]
FedEx to Offer Access to AI-Powered Post-Purchase Solutions for Enterprises
Businesswire· 2026-02-02 15:00
Core Insights - FedEx is enhancing its digital tracking and returns capabilities with AI-powered solutions to improve post-purchase experiences for enterprises [1] Group 1: AI-Powered Solutions - FedEx is launching FedEx Tracking+ and FedEx Returns+, which are AI-enhanced tools designed to automate customer support and improve operational efficiency [1] - Key AI features include automated returns policy adjustments, pattern detection in delivery data, and performance insights to monitor trends [1] - Brands using these solutions have reported a 42% reduction in "Where is My Order" inquiries and an 85% increase in customer retention [1] Group 2: Customer Experience and Revenue Impact - The 2026 FedEx Returns Survey indicates that 67% of consumers consider a retailer's return policy when making purchases, highlighting the importance of convenient return options [1] - Intelligent return experiences can lead to three times more repeat purchases and a 60% increase in average order value [1] - AI tools for returns are currently used by 37% of business shippers, with 51% planning to adopt them in the future, reporting up to 85% forecasting accuracy [1] Group 3: Corporate Developments - FedEx appointed Scott Ray as COO for U.S. and Canada Surface Operations, effective June 1, 2026 [2] - The company announced a ten-member board of directors for the upcoming independent FedEx Freight, with R. Brad Martin as chairman [2] - FedEx filed a Form 10 registration statement with the SEC for the planned spin-off of FedEx Freight, indicating progress towards its launch [2]
RXO Announces Participation at Upcoming Investor Conferences
Businesswire· 2026-01-30 13:30
Group 1 - RXO announced participation in several upcoming investor conferences, including the Stifel 2026 Transportation & Logistics Conference on February 10, the Barclays 43rd Annual Industrial Select Conference on February 18, and Citi's 2026 Global Industrial Tech and Mobility Conference on February 19 [1] - The company will issue its fourth-quarter financial results before the opening of the New York Stock Exchange on February 6, 2026, followed by a conference call at 8 a.m. EST [1] - RXO has been recognized as a Leader in the inaugural 2025 Gartner Magic Quadrant for Fourth-Party Logistics (4PL), noted for its Ability to Execute and Completeness of Vision [1] Group 2 - RXO's latest Curve Freight Market Forecast indicates a sustained year-over-year increase in truckload rates in the third quarter, although the growth rate is decelerating [1]
Ares Management Introduces Marq to Further Unify its Global Logistics Platform Within its Real Estate Business
Businesswire· 2025-12-01 11:00
Core Insights - Ares Management Corporation has launched a new brand, Marq Logistics, to unify its global logistics real estate platforms, managing over 600 million square feet of facilities across the Americas, Europe, and APAC [1][5]. Group 1: Brand and Platform Consolidation - Marq combines Ares' logistics real estate platforms in North America and Europe, including Ares Industrial Management, with the global GLP logistics platform outside of China [2]. - The consolidation follows Ares' acquisition of GLP Capital Partners Limited's international business, which was completed in March 2025 [2]. Group 2: Strategic Goals and Operations - Marq aims to deliver global scale and local operational excellence to logistics tenants, positioning itself as a landlord of choice [3][4]. - The brand is focused on providing best-in-class solutions and a consistent experience for tenants globally [3][5]. Group 3: Company Overview - Ares Management Corporation manages approximately $110 billion in assets as of September 30, 2025, and has a global platform with over $595 billion in assets under management [4][6]. - The company operates across various asset classes, including credit, real estate, private equity, and infrastructure [6].
VerifyMe to Report Third Quarter 2025 Financial Results on November 17, 2025
Businesswire· 2025-11-10 13:05
Core Viewpoint - VerifyMe, Inc. is scheduled to report its third quarter financial results on November 17, 2025, and will host an investor conference call to discuss these results [1][8]. Company Overview - VerifyMe, Inc. operates in the logistics sector, providing specialized services for time and temperature-sensitive products, as well as brand protection and enhancement solutions [3][7]. - The company is listed on NASDAQ under the ticker symbol VRME and is headquartered in Lake Mary, Florida [6][7]. Conference Call Details - The investor conference call will take place at 9:00 a.m. Eastern Time and will include prepared remarks followed by a Q&A session with the executive management team [1][2]. - Participants can access the call via a webcast or by phone, with options for pre-registration available [2][6]. - Presentation slides will be made available on the company's investor website the morning of the call and will be archived for 90 days [2][6].
C.H. Robinson to Participate in Baird 2025 Global Industrial Conference
Businesswire· 2025-11-05 21:15
Core Points - C.H. Robinson will participate in the Baird 2025 Global Industrial Conference on November 11, 2025, at 2:20 p.m. Central Time [1] - A live webcast of the event will be available, with a replay accessible within 24 hours after the live discussion [1] Company Overview - C.H. Robinson is a global leader in Lean AI supply chains, managing 37 million shipments annually, which represent $23 billion in freight [2] - The company serves 83,000 customers and 450,000 contract carriers, providing tailored solutions across various transportation modes including truckload, less-than-truckload, ocean, and air [2] - C.H. Robinson emphasizes a combination of human insight and Lean AI to enhance supply chain efficiency and sustainability [2]