Trucking Logistics

A senior executive of XPO Logistics, one of the largest and fastest growing U.S. third-party logistics providers, says the company sees potential in driverless trucks and is closely following advancements in the technology.

Con-way Freight
The cost of boosting truck driver pay at Con-way Freight will be passed along to shippers starting Oct. 27 in the form of an across-the-board general rate increase, the company said today.

Eurotunnel carried 6 percent more trucks and 9 percent more freight trains on its subsea rail tunnel between the U.K. and France in the third quarter compared to a year ago, with volume increases driven by the stronger British economy.

A stronger U.S. economy is filling trailers and containers faster than transportation companies can provide them, driving up transportation costs and intermodal and trucking rates, speakers said Thursday at the JOC Inland Distribution Conference in Kansas City, Missouri.

Shippers moving goods to or from U.S. foreign trade zones say there are not enough bonded truckers available to handle their freight, creating delays, shippers tell JOC Inland Distribution Conference

Port congestion in Southern California is driving cargo to third-party logistics providers that have access to capacity from ocean and overland carriers, and the information technology systems to link these services together in an end-to-end supply chain solution, according to a 3PL executive.

Holiday shopping
FedEx said it has plans in place to handle expected record volume of holiday shipments this year and avoid a repeat of 2013’s late-shipments debacle.

Third-party logistics provider CEVA Logistics said it will spend $20 million to expand and update its United Kingdom truck fleet.

A key indicator of trucking activity was flat in September compared to August, reflecting decreased demand in hauling for retailers but increased business from factories.

Equipment financing activity skyrocketed in September, rising 31 percent from August and 21 percent year-over-y