Issues at the Los Angeles-Long Beach were on JOC.com readers’ minds this week, along with mega-alliances and growth in the trucking industry.
13 Sep 2014
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.
13 Sep 2014
A new carrier alliance entered the fray this week after weeks of feverish speculation.
11 Sep 2014
Three global funds will invest $700 million in XPO Logistics, accelerating the fast-growing company's acquisition plans for 2014.
30 Jul 2014
XPO Logistics will add more than half a billion dollars in revenue to its top line by acquiring New Breed Logistics for approximately $615 million.
28 Feb 2014
The second lowest reading yet for JOC Truckload Capacity Index reflects lower truck counts at some of the largest U.S. carriers in the fourth quarter. The actual drop in capacity is likely deeper, as carrier bankruptcies hit a three-year high in the quarter.
26 Feb 2014
Encouraged by signs of a stronger U.S. economy and recent acquisitions, XPO Logistics is raising its revenue run rate target for 2014 to $2.75 billion, almost triple the $1 billion run rate the company achieved in 2013.
12 Jan 2014
At a recent supply chain conference, Bradley S. Jacobs heard a “financially compelling” case for investing and doing business in his country from former Mexican President Felipe Calderón. “Mexico is positioning to chip into China’s status as one of our major trading partners,” said the chairman and CEO of XPO Logistics.
06 Jan 2014
More midsize and smaller shippers will have access to intermodal rail following the acquisition of Pacer International by XPO Logistics, a move that will push truck freight brokerage toward a more multimodal model.
06 Jan 2014
XPO Logistics will buy intermodal giant Pacer International for approximately $335 million, expanding its reach into new freight markets.
02 Jan 2014
If truckload capacity is getting tighter on America’s highways, it’s not pinching XPO Logistics. The fast-growing freight brokerage and logistics business sees truck capacity pretty much in balance nationwide, despite warnings that trucking’s supply-demand “equilibrium” is getting closer to its breaking point.
16 Dec 2013
After a rocky start to the fourth quarter in October, Landstar System shifted into higher gear in December, increasing truckload volume and revenue in tandem.