Trucking Freight Brokers

Trucking Freight Brokers

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

Commentary

If you're thinking about starting a freight brokerage business or evaluating whether it's worth increasing investment in your existing company, there are three main reasons why it makes sense.

News & Analysis

19 Aug 2015
Cargo Chief's Abtin Hamidi says shippers can find truck capacity at the right price, if they know where to look. Web-based and mobile technology can hand them the keys.
12 Aug 2015
Los Angeles-based Cargomatic has expanded its Uber-like technology for matching trucks and shipments to the tri-state market of New York, New Jersey and Connecticut after several months of testing.
05 Aug 2015
XPO Logistics raised its 2019 revenue target to $23 billion, more than triple its $9 billion revenue run rate in mid-2015. A "two-pronged" pipeline of potential acquisitions in North America and Europe will help XPO meet that goal, CEO Bradley S. Jacobs said.
29 Jul 2015
C.H. Robinson reported higher net revenues on land and sea as shippers apparently turned to the largest U.S. logistics company to secure capacity in the second quarter. The acquisition of Freightquote last year contributed to higher net revenue and higher truckload and LTL volumes.
22 Jul 2015
UPS reportedly is in talks to acquire fast-growing Coyote Logistics, as round after round of logistics acquisitions this year increase speculation about potential mergers.
25 Jun 2015
The purchase of ReTrans, an intermodal and truck freight brokerage with more than $500 million in annual revenue, extends the reach of Kuehne + Nagel, the second-largest global 3PL, far beyond U.S. ports and into the nation's industrial heartland.
10 Jun 2015
A continent-wide roadside truck inspection program may have inadvertently pushed up spot market truck rates last week, when the number of loads far outstripped the number of tractor-trailers available. Many truckers reportedly take time off during the annual inspection blitz.
09 Jun 2015
XPO Logistics closed on the acquisition of 67 percent of European 3PL Norbert Dentressangle, adding the $5.5 billion company to its fold. The question is, what will XPO buy next?
01 Jun 2015
XPO Logistics raised $1.26 billion from institutional investors and plans a $2 billion bond 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.