Advances in technology and shipper demand are leading trucking companies toward the 'connected enterprise' and closer ties to customer supply chains.
Despite reports of tight truckload capacity, the number of 'active' trucking firms is rising steadily, QualifiedCarriers.com reports.
Fast-growing third-party logistics companies are tuning into and tapping broad trends driving logistics growth in the U.S. and globally, including increased cross-border trade and the expansion of intermodal rail. Here are seven trends picked by XPO Logistics CEO Bradley S. Jacobs.
A new carrier alliance entered the fray this week after weeks of feverish speculation.
When APL earlier this week informed its importer customers that the APL Norway was being diverted from Los Angeles “due to congestion at Global Gateway South,” it caused all importers and exporters that use the Los Angeles-Long Beach gateway to cringe. Would other terminals in the nation’s largest port complex plunge into another round of congestion?
Transportation analysts hailed the $700 million investment XPO Logistics won from three global funds yesterday. The question, they said, is what XPO will buy with that money.
U.S. inventory and sales data released by the Commerce Department this week point to increased need to restock already lean inventories heading into the fourth quarter.
After staying flat for most of August, spot market truck rates began rising in early September, possibly en route toward a third peak in 2014 as US trucking’s peak season begins
Three global funds will invest $700 million in XPO Logistics, accelerating the fast-growing company's acquisition plans for 2014.
PierPass Inc. is launching a program in Los Angeles-Long Beach that could lower truck turn times for large importers to as little as 11 minutes, compared to the 45 to 60 minutes it generally takes now when terminals are operating efficiently.