Logistics Providers

In-depth coverage of air freight-forwarders, including earnings, rates, volume and more.

Commentary

When the JOC editorial team last fall looked at themes and subjects that would dominate 2016, there was no shortage of possibilities: continuing port congestion; the opening of the Panama Canal’s new locks; container weight regulations that will put the burden on shippers to verify that what they say their containerized freight weighs actually does; and, of course, carriers’ continuing battle to stay above water in an age of record-low freight rates. It’s that last issue that ultimately shined a light on what, we believe, will be the story of 2016: consolidation.

News & Analysis

08 Feb 2016
XPO Logistics will not sell its truckload division, but use the former Con-way Truckload to increase its U.S.-Mexico cross-border business.
08 Feb 2016
Nippon Express Co., Japan’s largest international freight forwarder, saw its net profit rise at a double-digit pace in the first nine months of the fiscal year ending in March despite paltry revenue growth.
08 Feb 2016
Gateway Distriparks Ltd., India’s leading port-based logistics provider, recorded a 43 percent fall in its net earnings during the third fiscal quarter, hit by slowing container volumes resulting from sluggish demand and supply chain disruptions caused by foul weather in Chennai in early December.
08 Feb 2016
Tight cost controls coupled with low fuel prices helped trucking giant Transport Corporation of India post healthy results in the third fiscal quarter, according to a company filing with the Bombay Stock Exchange.
05 Feb 2016
Singapore Post’s steady expansion into e-commerce and logistics lifted the company’s nine-month net profit by almost 18 percent to $101.9 million from April through October, with 40 percent of the revenue coming from overseas.
05 Feb 2016
Echo Global Logistics revenue and net revenue in fourth quarter rose on the the company’s recent acquisition of Command Transportation, but related integration costs dragged down profit by double digits.
03 Feb 2016
Lower fuel prices and a softening used truck market constrained fourth-quarter revenue growth at Ryder System, but demand for Ryder’s fleet and supply chain services remained strong.
03 Feb 2016
Shippers using C.H. Robinson Worldwide to move truckload freight saw pricing drop 3 percent on average in the fourth quarter. The logistics operator's volume, net revenue and profit, on the other hand, all rose.
03 Feb 2016
Paris-listed Bolloré Group was selected to build and operate a new $424 million port close to Dili, capital of Timor-Leste.
02 Feb 2016
UPS surmounted peak-season challenges to deliver 692 million packages in its busiest season — a 7 percent increase from the previous year. Big Brown said it expects higher revenue, profits and volumes in 2016, as e-commerce keeps growing.