Trucking Freight Brokers

Trucking Freight Brokers

News pertaining to transportation brokers, freight brokerage and truck freight.

Commentary

Between plummeting fuel costs, a surge in consumer spending and a worsening driver shortage, the last few years in the trucking industry have been characterized by extreme highs and lows. This year is shaping up much the same way, although with some new twists in the road.

News & Analysis

01 Jun 2015
XPO Logistics raised $1.26 billion from institutional investors and plans a $2 billion stock sale to help finance its latest acquisitions and prepare for more.
26 May 2015
Freight broker Total Quality Logistics added voice search technology to its Carrier Dashboard smartphone app, letting drivers talk, not type as they search for freight.
22 May 2015
A bill introduced in the U.S. Senate would set national standards for shippers and third parties contracting or hiring trucking companies, complementing legislation in the House. Shippers and brokers want clarity, especially in courtrooms where they face negligent hiring claims.
19 May 2015
C.H. Robinson Worldwide is priming its $330 million Global Forwarding division for faster growth in 2015, naming Mike Short president and opening new offices in Asia and Europe.
15 May 2015
As truck driver pay moves up by double-digits, trucking operators need to look beyond a decades-old business model for new ways to attract, keep and satisfy drivers. Treating them better is step one, a trucking veteran says. Guaranteed salaries may be another.
12 May 2015
U.S. shipment volumes and spending rose in April from March, but were down year-over-year, thanks to tough comparisons with a booming economy in 2014, Cass Information Systems said. The freight payment provider expects more growth ahead.
05 May 2015
Fresh off the announcement of yet another acquisition, XPO Logistics’ hunger can’t be sated with CEO Bradley Jacobs eying more deals in Europe and North America.
04 May 2015
XPO Logistics will nearly triple its drayage capacity through the acquisition of Bridge Terminal Transport for $100 million.
04 May 2015
For the first time in seven years, ArcBest Corporation posted a first-quarter profit, thanks in large part to competitive pricing in spite of diminishing volumes, the company said Monday.
28 Apr 2015
The acquisition of French logistics giant Norbert Dentressangle will create new global opportunities for XPO, boosting its annual revenue to $8.5 billion.