The 50 largest US trucking operators in the United States saw revenue growth throttle back considerably in 2019, but 2020 is shaping up to be even worse.
Monday April 6, 2020
Log In Register Subscribe
Need Help?
Logistics Providers
Logistics Providers
In-depth coverage of freight-forwarders, including the latest quarterly earnings mergers and acquisitions, and news about new technologies that promise to improve productivity, and reduce costs for freight forwarders, shippers, carriers and other stakeholders in the global trade community.
From the leading forwarders – such as DHL, Kuehne + Nagel, DB Schenker, Flexport, DSV, Expeditors, Panalpina, Nippon Express, UPS, Bollore Logistics, Ceva, Hellman and Geodis – to the smaller forwarders, JOC not only keeps the shipping community up to date with the latest headlines, but explains which news developments are likely to have a long-term impact on their supply chains and those of their customers.
View our Top 50 3PLs Ranking
Webcasts
Apr 28, 2020 1:00PM EDT
Apr 30, 2020 2:00PM EDT
Apr 2, 2020 1:00PM EDT
News & Analysis
03 Apr 2020
Surging e-commerce volumes continued to drive growth among the 50 largest global logistics providers in 2019, but excluding Amazon, revenue not only decelerated, it actually fell from the previous year.
02 Apr 2020
Singapore-based carrier ONE plans to roll out globally an electronic bill of lading through its customer portal starting in the second quarter of 2020.
31 Mar 2020
Slync has made quick progress in landing large forwarders as customers for its automation software, securing an $11 million funding round to fuel its growth despite COVID-19 making investors more conservative.
30 Mar 2020
A $10 million investment into US-Mexico broker Forager could set the company on a path away from its brokerage roots to a more expansive view of cross-border commerce.
25 Mar 2020
FourKites’ acquisition of the yard management visibility solutions of Denver-based TrackX indicates an intent to build broader freight network visibility for its shipper customers.
19 Mar 2020
DHL Global Forwarding on Thursday warned customers of a potential inability to fulfill its ocean and air freight contracts, echoing warnings from other forwarders that spoke with JOC.com.
19 Mar 2020
A trio of prominent logistics technology CEOs told shippers that navigating the coronavirus crisis comes down to decentralizing inventory and avoiding investment in fixed assets.
19 Mar 2020
The response to the new coronavirus disease 2019 (COVID-19) pandemic is dominating business at FedEx, as global air and domestic ground supply needs swing and the firm looks to prioritize test kits and relief supplies.
19 Mar 2020
FedEx expands use of its US ground unit to deliver more air express packages, as e-commerce volumes swell and Amazon ups the competitive ante.
18 Mar 2020
Forwarders facing the task of continuing operations while under work-from-home mandates are getting a boost from software providers offering free versions of their products to help companies cope with the new distributed environment.
17 Mar 2020
The coronavirus is creating new opportunities for cargo thieves, and demands better “continuity planning” from businesses that ship freight, BSI says.
17 Mar 2020
The logistics software provider Freightos is the latest to react to an uncertain freight market by cutting staff, a move the company attributes to the effect the coronavirus disease is having on supply chains and the financial ecosystem.
13 Mar 2020
Technological prowess is now an expectation for global third party logistics providers. Allport Cargo Services’ approach is not to build its own proprietary systems, but to act as a superuser of Infor Nexus’ shipping software.
12 Mar 2020
In picking former Home Depot CFO Carol Tomé as CEO, UPS puts a former customer from retail e-commerce leader in the driver’s seat.
10 Mar 2020
The forward truckload freight contract platform has raised $20 million in capital to fuel growing demand to connect shippers and carriers with a binding agreement that lets them focus on more variable supply and demand issues.
10 Mar 2020
Large US truckload carriers that engaged in mergers and acquisitions and expanded specialized services like dedicated trucking fared much better in 2019 than those that relied more on traditional dry-van business, according to JOC's 2020 Top 25 US Truckload Carrier Rankings, prepared by SJ Consulting Group.
09 Mar 2020
Shippers with an eye on instability in US markets are considering innovative contract terms, including the use of volume guarantees and flexible rates.
06 Mar 2020
The global nature of the coronavirus outbreak is throwing containerized goods supply and demand out of whack, but a way through the fog for all parties could be to lean more heavily on predictive analytics software.
02 Mar 2020
Logistics system integration provider Chain.io will help shippers and forwarders connect to carrier track-and-trace data via a standard established by the container line-led Digital Container Shipping Association (DCSA) in January.
27 Feb 2020
The freight rate marketplace provider Freightos will include an option for shippers to add FedEx customs brokerage services on-demand as part of a broader deal between the two companies that also includes FedEx’s use of Freightos’ air cargo pricing and booking tools.
21 Feb 2020
A sizable investment in a yard automation startup this week is a signal that shippers and logistics providers need to prioritize efficiencies in their warehousing and distribution facilities to cope with the speed of supply chains.
20 Feb 2020
Lufthansa Cargo will offer instant air freight quotes via an application programming interface with digital forwarder Fleet, a company in which the German airline invested in 2018.
19 Feb 2020
Maersk is more than doubling its warehousing and distribution assets in North America through an acquisition that serves as another signal of its commitment to transition from container line to integrator.
18 Feb 2020
The truckload freight marketplace Transfix is allowing shippers to guarantee forward spot rates up to a year out based on an machine learning model it has been using internally for more than a year.
12 Feb 2020
The New York Shipping Exchange has begun allowing shippers and freight buyers to migrate their long-term contracts with container lines onto the NYSHEX platform, essentially allowing contracts negotiated outside the exchange to be fully and mutually enforceable as if they were transacted within the exchange.
06 Feb 2020
Despite trucking companies and brokers saying capacity is “rightsizing,” spot rates have not increased in tandem with volume and shippers could secure contract rate reductions for 2020.
04 Feb 2020
The heavily-funded forwarder told JOC.com Tuesday the layoffs are aimed at redirecting resources away from “over-invested” existing process areas into ones that “help us serve clients efficiently.”
31 Jan 2020
Trucking companies and brokers expect low rates to persist a while longer despite a surge in December and early January, and there’s no consensus as to when, or if, a sustained turnaround will take hold later this year.
30 Jan 2020
As its US network gets faster and more automated and e-commerce demand keeps growing, UPS is taking aim at small to mid-sized businesses in 2020.
30 Jan 2020
Shippers, as much as carriers, are driving toward electronic or digital bills of lading, as the need for speed and more responsive, detailed customer service increases.
28 Jan 2020
Truck volumes have flattened, not collapsed, a trucking analyst tells SMC3’s Jumpstart 2020 Conference. Truck capacity hit its peak in Q4 2019, and is expected to contract this year.
28 Jan 2020
The bottom of the current slump in US freight demand is approaching, but new threats, including the China coronavirus, are emerging, speakers at the SMC3 Jumpstart 2020 conference warned.
28 Jan 2020
A London-based logistics process automation software provider has landed $7 million in funding to fuel growth of its platform, which is designed to help forwarders unearth data lodged in emails and disparate systems.
27 Jan 2020
Bolloré Logistics has picked the COO of its Asia-Pacific operation to head the company’s Americas business, which covers 45 offices in eight countries, including the United States, Canada, and Mexico.
- Page 1
- ››
Commentary
As Yogi used to say...