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FreightWaves
Morning Minute | QXO gets $1.2B, Stord buys Shipwire, Trump delays tariffs
2 minutes Posted Jan 6, 2026 at 2:52 pm.
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Show notes
On Tuesday’s FreightWaves Morning Minute, we cover the news that⁠ Jacobs’ QXO gets big investment from group led by Apollo⁠, securing $1.2 billion to consolidate the building product supply chain. This fresh capital empowers the logistics venture to manage a growing asset base within a fragmented ecosystem.
Next, we discuss how⁠ Stord buys e-commerce specialist Shipwire from Ceva Logistics⁠ as part of a strategy to rapidly scale its operations. The acquisition provides Stord with 12 new fulfillment centers and access to a global network of 1,000 warehouses.
We also report that⁠ Trump delays furniture, cabinet tariffs; scales back duties on pasta⁠, pushing planned hikes on furniture imports back to at least 2027,. The administration simultaneously reduced proposed duties on Italian pasta while keeping the existing 25% duty on furniture in place.
Finally, be sure to tune in to FreightWaves TV today for new episodes of ⁠Check Call⁠ and ⁠Loaded and Rolling⁠. These programs will air at
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