Top Rankings

Top rankings of container lines, 3PLs, global transportation providers, ports, truckload and less-than truckload carriers, importers, exporters

Lower demand from China, high prices stunting US ag exports

Michael Angell, Associate Editor | Sep 18, 2023, 1:30 PM EDT

West Coast ports are bearing the brunt of a steep decline in US agriculture exports, as are carriers such as CMA CGM that pivoted to serving exporters amid weaker import demand.
Container shippingContainer linesNorth American ports

Latest US truckload, LTL PPIs surprise on the upside

William B. Cassidy, Senior Editor | Dec 9, 2022, 5:18 PM EST

Total US trucking costs rose in November, with revised US producer price index figures for truckload and LTL services indicating at least a temporary reversal in a months-long decline.

Shipper demand speeding drop-and-hook ‘evolution’

William B. Cassidy, Senior Editor | Dec 9, 2022, 12:56 PM EST

Ryder System is joining the race to deploy more drop-and-hook trailer pools for shippers that need greater flexibility to reduce costs and counter supply chain disruption.

US LTL volumes drop, but pricing proves resilient

William B. Cassidy, Senior Editor | Dec 8, 2022, 3:01 PM EST

Less-than-truckload shipping volumes in the US are falling in the fourth quarter from all-time highs, but rates are slower to drop as carriers push back on absorbing higher costs.

CMA CGM seeking US adaptability through NY-NJ terminals purchase

Eric Johnson, Senior Technology Editor | Dec 8, 2022, 12:27 PM EST

CMA CGM said its acquisition of terminal assets in the key New York–New Jersey container gateway was designed around flexibility for shippers, not a bet on permanent shifts in US coastal market share.
Container linesNorth American ports

CMA CGM adds terminal assets in New York–New Jersey

Eric Johnson, Senior Technology Editor and Greg Knowler, Senior Europe Editor | Dec 7, 2022, 9:46 AM EST

New York–New Jersey is CMA CGM’s largest gateway on the US East Coast, and the carrier intends to further develop calls in the New York area for which the newly acquired terminals will provide future capacity.
North American portsMaritimeContainer lines

High stock levels, weak demand put CNY import rush in doubt

William B. Cassidy, Senior Editor | Dec 6, 2022, 10:54 AM EST

The traditional increase in bookings for December and January shipments out of Asia is nowhere to be seen as importers in destination markets struggle with surplus stock levels and weakening demand.
SurfaceTruckingTrucking labor

Transportation hiring surge falls short in November

William B. Cassidy, Senior Editor | Dec 2, 2022, 4:58 PM EST

Hiring expectations fell short across many transportation sectors in November, with real trucking employment dropping while warehousing firms and couriers added workers.
Trucking laborLTL

Trailer makers boosting production as orders soar

William B. Cassidy, Senior Editor | Dec 2, 2022, 1:34 PM EST

Stubbornly strong industrial output and pent-up demand are expected to keep pressure on trailer manufacturers to increase supply, even during a US economic slowdown.
SurfaceTruckingTruckloadLTLTrucking labor

US truckload pricing index falls, but LTL goes flat

William B. Cassidy, Senior Editor | Nov 15, 2022, 3:40 PM EST

The US producer price indexes for long-distance truckload and less-than-truckload took separate routes in October, with LTL pricing essentially unchanged and the truckload index falling.

US freight volumes still higher than 2021: Cass

William B. Cassidy, Senior Editor | Nov 14, 2022, 5:14 PM EST

Freight volumes are dropping month to month but remain higher than a year ago, buoyed by inventory repositioning and easing supply constraints for manufacturers, according to the latest Cass Freight Index.

M&A in US trucking, logistics cross ‘asset lines’

William B. Cassidy, Senior Editor | Nov 8, 2022, 1:37 PM EST

US transportation companies with cash on hand are acquiring asset-based truckers and non-asset freight brokers alike to add services and shipper customers and build network density.
TruckloadDrayageTruck brokers

JOC Truckload Capacity Index dipped in Q3, but demand remains robust

William B. Cassidy, Senior Editor | Nov 7, 2022, 4:54 PM EST

After rising strongly from the third quarter of 2021 through the second quarter of this year, the JOC Truckload Capacity Index dropped slightly last quarter, but demand for equipment is still high.

Werner buys truckload brokerage ReedTMS

William B. Cassidy, Senior Editor | Nov 7, 2022, 2:18 PM EST

The acquisition of ReedTMS Logistics not only expands Werner’s brokerage reach, it also delivers shipper customers in the staple food and beverage industries.
TruckloadTruck brokers

US truck capacity shifting as spot rates drop

William B. Cassidy, Senior Editor | Nov 4, 2022, 5:11 PM EDT

US truckload capacity isn’t so much declining as it is shifting, according to data, and that will pose challenges to shippers and carriers trying to access trucks, trailers, and drivers.
TruckloadLTLTruck brokers

US trucking jobs rebounded to all-time high in October

William B. Cassidy, Senior Editor | Nov 4, 2022, 3:45 PM EDT

For-hire trucking companies added almost 20,000 jobs last month, erasing September’s payroll cut as capacity shifts between trucking sectors.
Trucking laborLTL

US 3PL Echo extends global forwarding reach

William B. Cassidy, Senior Editor | Nov 3, 2022, 2:37 PM EDT

The acquisition of Fastmore Logistics will give Echo Global Logistics more access to international freight forwarders, linking domestic and international cargo networks.
Logistics technologyTruckingTruck brokers

LTL demand now rising at standalone XPO

William B. Cassidy, Senior Editor | Nov 2, 2022, 3:25 PM EDT

Tonnage began increasing year over year at XPO late in the third quarter and continued to rise in October as the less-than-truckload carrier expands capacity.

US trucking market on rough road to ‘equilibrium’

William B. Cassidy, Senior Editor | Nov 1, 2022, 3:18 PM EDT

Regional stress is running through US truckload markets as demand softens, with price and capacity fluctuations that challenge shippers and carriers.
TruckloadTruck brokers

US trailer demand defies economic downturn

William B. Cassidy, Senior Editor | Oct 28, 2022, 2:01 PM EDT

Growing use of equipment pools and power-only trucking support long-term demand for 53-foot trailers that transcends short-term economic trends, manufacturer Wabash says.

Lower Q3 volumes point to softer LTL market: ODFL

William B. Cassidy, Senior Editor | Oct 26, 2022, 4:18 PM EDT

Less demand for its customers’ goods is cutting into tonnage and shipments at Old Dominion Freight Line, but not the company’s revenue or profit.

US LTL group launches standard digital BOL

William B. Cassidy, Senior Editor | Oct 24, 2022, 5:24 PM EDT

More than two years in development, a standard electronic bill of lading for less-than-truckload shipments promises to streamline the flow of data, providing greater visibility to shippers.
LTLLogistics technology

US LTL market softening, but not by much: 3PLs

William B. Cassidy, Senior Editor | Oct 24, 2022, 1:31 PM EDT

US shippers will find LTL savings in 2023, but the biggest savings will go to those who can accurately forecast demand and fit freight to carrier networks, according to BlueGrace Logistics.

Strong trucking earnings temper shift in pricing power

William B. Cassidy, Senior Editor | Oct 20, 2022, 5:02 PM EDT

US shippers will win transportation savings in 2023 bids, but large truckload carriers haven’t lost all pricing muscle.

JOC Rankings: Container lines led record transportation revenue growth in 2021

Michael Angell, Associate Editor | Oct 19, 2022, 9:22 AM EDT

It was the “year of the ocean carrier” as liner operators saw 2021 revenue results that were more than double those of other top 50 transportation providers.
Supply Chain

Industrial rebound pushing up US truck tonnage

William B. Cassidy, Senior Editor | Oct 18, 2022, 4:59 PM EDT

An increase in US manufacturing output is putting more freight in trucks this fall, contributing to an increase in truck tonnage as measured by the American Trucking Association and others.

US LTL costs rose in September after summer decline

William B. Cassidy, Senior Editor | Oct 12, 2022, 1:31 PM EDT

LTL costs to shippers rose 0.3 percent in September and were up 15 percent year over year while truckload costs declined more slowly, according to the latest US producer price index.

International logistics providers targeting US trucking

William B. Cassidy, Senior Editor | Oct 11, 2022, 4:22 PM EDT

US shippers should expect more international acquisitions of domestic US trucking operations as logistics companies work to provide more end-to-end services and visibility.

US for-hire trucking employment takes a plunge

William B. Cassidy, Senior Editor | Oct 7, 2022, 4:09 PM EDT

Real, unadjusted jobs in trucking dropped by 21,200 in September, an unusually high number, as contract and spot truckload rates declined.
TruckloadLTLTruck brokers

US truck shippers rethinking spot strategy: analysts

William B. Cassidy, Senior Editor | Oct 5, 2022, 4:02 PM EDT

More shippers are returning to the truckload spot market as rates drop, but experts say they’re using that market more strategically than ever before to reduce transportation costs.
TruckloadTruck brokers

Truck tonnage surge shows crack in freight gridlock

William B. Cassidy, Senior Editor | Sep 21, 2022, 1:37 PM EDT

US for-hire truck tonnage jumped 2.8 percent in August from July, according to the American Trucking Associations, as consumers and the US economy remained resilient despite inflation.
TruckingLTLTruck brokers

Lower costs for US shippers seen in trucking PPIs

William B. Cassidy, Senior Editor | Sep 15, 2022, 5:02 PM EDT

The US producer price indexes (PPIs) for trucking dropped in August as contract pricing cooled and fuel prices and surcharges came down.

Spot truckload rates dropping from US ports

William B. Cassidy, Senior Editor | Sep 9, 2022, 4:41 PM EDT

The decline in outbound per-mile spot rates from US ports dropped more than the US average in August as normal seasonality and abnormal gridlock crimped demand, a JOC analysis shows.

US Xpress reorganizes, emphasizing contract business

William B. Cassidy, Senior Editor | Sep 8, 2022, 5:26 PM EDT

Stung by lower tractor utilization rates and rising costs, truckload carrier US Xpress pares back its technology team and real estate, and focuses on adding truckload contract business.

ODFL’s LTL volume takes seasonal dip in August

William B. Cassidy, Senior Editor | Sep 7, 2022, 1:12 PM EDT

LTL shipments at Old Dominion Freight Line fell about 3 percent year over year in August, following a more seasonal pattern than August 2021 when shipments jumped 17 percent.

US transport hiring rises, but not at warehouses

William B. Cassidy, Senior Editor | Sep 2, 2022, 4:59 PM EDT

While trucking makes hiring gains in the US, unadjusted warehousing and storage employment has fallen in four of the past five months, contributing to supply chain bottlenecks.
Trucking labor

XPO isn’t braking for economic slowdown

William B. Cassidy, Senior Editor | Aug 30, 2022, 5:46 PM EDT

The incoming CEO of XPO Logistics is intent on adding capacity in the form of terminals, trailers, and drivers to meet long-term demand for less-than-truckload services.

Warehousing space gets scarcer in Chicago

William B. Cassidy, Senior Editor | Aug 26, 2022, 3:04 PM EDT

Weeks of delays in moving freight from US ports to Chicago are eating into the inland warehousing space needed to get that freight out of intermodal railyards and to customers.

July US truck tonnage at ‘elevated levels’: ATA

William B. Cassidy, Senior Editor | Aug 23, 2022, 4:52 PM EDT

The American Trucking Associations reports truck tonnage levels were still high in July, running counter to reports that trucking demand is weakening ahead of the fourth quarter.

Heartland doubles revenue stream with deal for CFI units

William B. Cassidy, Senior Editor | Aug 22, 2022, 4:48 PM EDT

The largest truckload acquisition to date this year would put Heartland at about 11th on the Top 25 Truckload Carrier rankings prepared for