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

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.
21 Apr 2015
In the latest of several major logistics acquisition, Echo Global Logistics acquired $561 million 3PL Command Transportation, bringing its total annual revenue within range of $2 billion.
09 Mar 2015
Pennsylvania-based logistics company Kane is Able will open a dedicated distribution facility in Salt Lake City, Utah, to serve fast-growing dietary supplements maker Nutrabolt.
28 Feb 2015
A bill introduced in the House of Representatives this week would establish national hiring standards for shippers, brokers and other parties contracting or using trucking companies.
19 Feb 2015
Multimodal logistics operator XPO sees opportunities as well as challenges in the West Coast container pileup, as shippers struggle to move freight inland.
Rail loading at Port of LA
18 Feb 2015
Shippers could see truck pricing 'skyrocket' as they scramble to move containers inland once the labor situation at U.S. West Coast ports is resolved, BB&T Capital Markets said.
Home delivery of goods drives expansion of last-mile logistics services.
11 Feb 2015
Last-mile logistics services are rapidly evolving as consumers increasingly by goods online, including bigger, heavier goods. XPO Logistics acquired its fourth last-mile company, UX Specialized Logistics, this week.