Third-party logistics had a better year than President Obama in 2013, but that’s not saying much. Gross revenue topped $150 billion for the first time. All market segments showed growth, with domestic transportation management leading the way. Overall net revenue growth was 4.9 percent.
News & Analysis
25 Jul 2014
Swift Transportation, the largest U.S. truckload operator, got even bigger in the second quarter, but potential growth was restrained, the company said, by a “challenging driver market.”
12 Jul 2014
The International Longshore and Warehouse Union and the Pacific Maritime Association surprised watchers by announcing a 72-hour hiatus in their negotiations so that the union could deal with unrelated talks in the Pacific Northwest, and by extending the expired coastwide contract during the suspension of negotiations.
06 Jul 2014
The logistics demands of home delivery and a shopping explosion in emerging markets are revolutionizing the contract logistics field, according to Transport Intelligence’s new Global Contract Logistics 2014 report.
04 Jul 2014
Wal-Mart Canada has purchased two privately held Canadian logistics firms.
14 Apr 2014
The 50 largest U.S. trucking companies raised their combined revenue 5.5 percent last year to $106.6 billion, but expanded at a slower pace than in 2012.
12 Feb 2014
Shippers must be more proactive to mitigate rate increases, meet truck capacity and supply chain challenges in 2014, says Andy Moses, senior vice president of global products at Penske Logistics.
23 Dec 2013
The 10 largest dedicated contract carriers increased revenue 3.9 percent in 2012, a big drop from a 17.5 percent surge in 2011. But their performance, which in part reflected weaker overall trucking demand in 2012 and a difficult comparison with the previous year’s strong gains in dedicated business, differed greatly from company to company.
16 Dec 2013
Dedicated contract carriage, long a “one-customer, one-fleet” business, is evolving beyond those roots as more complex, leaner supply chains recast shipper distribution models. Increasingly, shippers are deploying dedicated truck fleets alongside their own vehicles and for-hire tractor-trailers in “hybrid” freight networks that also might include intermodal rail as they seek the best way to deliver goods.
24 Sep 2013
While for-hire trucking companies are shedding assets and focusing on profits, a national survey of private fleet operators revealed that 67 percent of the respondents expect their operations to grow in the coming years.