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The latest
Truck brokers
News & Analysis
TNT Launches South America Road Network
Thomas L. Gallagher |
TNT, providers of express and mail delivery services, launched the first-to-market and only integrated road network across South America, linking Argentina, Brazil and Chile.<br /> <br />
Truck brokers
Air Cargo Forwarder News
Truckers Support Bill Limiting Tolls
John Gallagher |
The American Trucking Associations will support legislation limiting tolls on federal highways while the Obama administration is keeping tolling on the table as a way to pay for maintaining and upgrad
Trucking News
LTL
Truck brokers
Truck Tonnage Plummets in April
Thomas L. Gallagher |
Truck tonnage in the United States fell at its sharpest rate in 13 years in April as an apparent inventory correction hit in the midst of the lowest point yet for demand during the recession. <br />
Trucking News
LTL
Truck brokers
Express-1 Takes Profit Hit
John Gallagher |
Profit at Express-1 Expedited Solutions fell 99 percent to $5,000 in the first quarter as a result of falling surcharge revenue and excess capacity.<br /> <br />
Trucking News
Truck brokers
Pacer Loses $177 Million
John D. Boyd |
Forced to take a large write-down of “goodwill” as business weakened, intermodal provider Pacer International posted a net loss of $177.4 million for the first quarter and warned it might
Rail News
LTL
Truck brokers
Hub Group Profit Plunges 52.6 Percent
Thomas L. Gallagher |
Hub Group profits in the first quarter plunged 52.6 percent to $6.2 million as volumes decreased and costs remained high. <br /> <br />
Rail News
Truck brokers
Trucker Vitran Loses $2.4 Million
Thomas L. Gallagher |
North American trucking and logistics firm Vitran reported a net loss of $2.4 million on revenue of $139.6 million for the quarter ended March 31, 2009.
Trucking News
LTL
Truck brokers
C.H. Robinson Profit Dips Only 1 Percent
John Gallagher |
C.H. Robinson’s net income decreased 1.1 percent to $85.4 million in the first quarter as its non-asset based business model helped offset weak demand and highly competitive truck rates.<br />
Trucking News
LTL
Truck brokers
Landstar Profit Falls 41 Percent
John Gallagher |
Landstar System's net profit fell 41.4 percent and revenue declined 22.9 percent in the first quarter as slack demand for truck capacity staggered the non-asset based trucking and brokerage comp
Trucking News
Truck brokers
Brokers Ride a Roller Coaster
John Gallagher |
Truck brokers tapping the $160 billion 3PL market appear to be adjusting to and recovering from overcapacity and scarce freight faster than their customers. <br /> <br />
Trucking News
Truck brokers
Liability Award Slams C.H. Robinson
John Gallagher |
Third party logistics provider C.H.
Trucking News
Truck brokers
3PL Revenue Drops 6.7 Percent
Alan Field |
Revenue for third-party logistics providers dropped by 6.7 percent during the first quarter of 2009 compared with the first quarter of last year, according to a survey by Armstrong & Associates.
Transport, Trade, and Regulation News
Truck brokers
For Brokers, It's 'What Recession?'
John Gallagher |
If there's a recession out there it's not taking place in the ballroom of the Grand Hyatt Downtown San Antonio.
Trucking News
Truck brokers
Shippers Lean on Asset Brokers
John Gallagher |
Big shippers with plenty of pricing power are favoring third party logistics providers with heavy assets behind their name.<br /> <br />
Trucking News
Truck brokers
Brokered Technology
William B. Cassidy and John Gallagher |
While carriers and shippers see a transportation landscape littered with empty trailers, shuttered carrier offices, parked trucks and idled ships, freight brokers see opportunities.
Trucking News
Truck brokers
Non-asset Player’s Profits Rise
John Gallagher |
AutoInfo’s profits increased 38 percent to $2.2 million on revenue of $180.2 million in 2008 despite declining revenue in the fourth quarter due to the weakening economy.<br /> <br />
Trucking News
Truck brokers
Technology for a Recession
William B. Cassidy |
Where some see a transportation landscape littered with empty trailers, shuttered carrier offices and parked trucks and ships, others see opportunities.<br /> <br />
Trucking News
Truck brokers
ATA Finds Bright Freight Outlook
John Gallagher |
Freight tonnage will grow more than 26 percent and freight revenue by 68 percent by 2020, according to a study sponsored by the American Trucking Associations. <br /> <br />
Trucking News
LTL
Truck brokers
Trucking labor
Estes Expands Mexico Service
Thomas L. Gallagher |
North American LTL carrier Estes Express Lines expanded its Mexico service with the launch of a third-party logistics subsidiary, Estes Logística.<br /> <br />
Trucking News
LTL
Truck brokers
Centerbridge Closes on Greatwide
JOC Team |
Private investment firm Centerbridge Partners completed its purchase of Greatwide Logistics Service in a restructuring that's expected to reduce the debt of the $1 billion logistics company by $478 mi
Transport, Trade, and Regulation News
Trucking News
Truck brokers
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