Con-way Freight today said it will raise non-contract tariff rates 4.9 percent this month, following rate hikes announced by FedEx Freight in the U.S. and DHL Freight in Europe.
News pertaining to less than truckload shippers, small freight, parcel carriers and more.
News & Analysis
02 Oct 2015
To own or not to own assets: that is the question facing third-party logistics and transport operators in a world where the supply and cost of shipping capacity, on land at least, is increasingly uncertain. XPO Logistics believes it has an answer: Do both.
01 Oct 2015
Lower fuel prices and lower fuel surcharges are slowing the increase of freight shipping costs on both sides of the U.S. border or even reducing them, despite higher contract trucking rates.
16 Sep 2015
Weak demand in the less-than-truckload market and higher-than-expected operating costs in its ground segment spurred FedEx to trim down its earnings outlook for 2016.
15 Sep 2015
The acquisition of regional package carrier Eastern Connections expands Dicom's footprint in the Northeast and complements the Montreal-based company's efforts to build a multimodal North American transportation network.
12 Sep 2015
XPO's experience with Norbert Dentressangle, a major logistics company and truck operator in Europe, informed its decision to buy Con-way and operate a "blended capacity mix" of owned, contracted and independent trucks and carriers, Chairman and CEO Bradley S. Jacobs said.
12 Sep 2015
U.S. freight volumes dropped in August, falling 4.6 percent year-over-year, while shipper spend on transportation slipped 8 percent, the latest Cass Freight Index shows.
10 Sep 2015
XPO Logistics doesn’t take little steps. The $3 billion acquisition of Con-way, the second largest less-than-truckload operator as well as a major U.S. non-asset logistics player and truckload hauler, is not only transformational for XPO, but possibly for the LTL industry as a whole.
09 Sep 2015
XPO Logistics plans to buy $5.8 billion Con-way, the parent of LTL giant Con-way Freight, Menlo Logistics and Con-way Truckload.
08 Sep 2015
Less-than-truckload shipments rose between 11 and 13 percent at Old Dominion Freight Line, which gained market share as it continued long-term expansion. Lower fuel surcharges diluted yield, however.