Advances in technology and shipper demand are leading trucking companies toward the 'connected enterprise' and closer ties to customer supply chains.
An estimated 300,000 40-foot reefer containers are expected to be added to the global fleet by 2018 as strong demand for perishables drives the business and improving technology enables their long distance transport.
Despite reports of tight truckload capacity, the number of 'active' trucking firms is rising steadily, QualifiedCarriers.com reports.
Fast-growing third-party logistics companies are tuning into and tapping broad trends driving logistics growth in the U.S. and globally, including increased cross-border trade and the expansion of intermodal rail. Here are seven trends picked by XPO Logistics CEO Bradley S. Jacobs.
A new carrier alliance entered the fray this week after weeks of feverish speculation.
Transportation analysts hailed the $700 million investment XPO Logistics won from three global funds yesterday. The question, they said, is what XPO will buy with that money.
A methodology known as “predictive analysis,” an increasingly important byproduct of the Big Data revolution with a forward-looking focus on accurate data from the past, exploits the growing capability of today’s more powerful computers to deploy advanced mathematical algorithms to identify patterns otherwise hidden within the ever-expanding explosion of data generated by today’s ubiquitous electronic devices.
Three global funds will invest $700 million in XPO Logistics, accelerating the fast-growing company's acquisition plans for 2014.
China’s logistics property investment is continuing at a rapid pace as retailers sign leases for specialised distribution centres to support their mainland expansion plans.
Chinese factories are still expanding production even though most orders for the holiday season in the U.S., Europe and elsewhere have already been shipped, suggesting global demand is building.