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C.H. Robinson sees truckload rates drop despite volume gain
William B. Cassidy, Senior Editor, Trucking |
Higher freight demand fails to absorb excess truckload capacity, pushing down rates and tightening margins for largest US freight broker.
Truck brokers
'Aggressive' US shippers keep pressure on truckload rates
William B. Cassidy, Senior Editor, Trucking |
More shippers are putting freight lanes up for bid, Covenant Transportation Group executives say.
Truckload
Uncertainty delays rise in contract truck pricing
William B. Cassidy, Senior Editor, Trucking |
Spot market truckload rates are rising on higher demand, but contract rate hikes are being slowed by market uncertainty and excess capacity.
Truckload
Panalpina profit down despite higher ocean, air traffic
Bruce Barnard, Special Correspondent |
“As expected, margins remains under pressure.”
Logistics Technology News
US truckload carriers see rising demand
William B. Cassidy, Senior Editor, Trucking |
Werner Enterprises and Heartland Express follow J.B. Hunt in reporting a rise in freight demand as the second quarter gets under way.
Truckload
Antwerp container growth slows
Bruce Barnard, Special Correspondent |
Overall throughput increased 1.5 percent.
International ports
US shippers expect pinch, not capacity crunch, from ELDs
William B. Cassidy, Senior Editor, Trucking |
Shippers and logistics operators at recent conferences didn't expect a massive capacity crunch to follow the rollout of an electronic logging mandate this year, but truckers warned there will be an impact.
Truckload
Drayage
LTL
Truck brokers
FMC's Cordero tapped to lead Long Beach port
Bill Mongelluzzo, Senior Editor, Trans-Pacific |
Former Long Beach harbor commissioner and current FMC member will return to Southern California to become executive director of Port of Long Beach.
North American ports
First quarter is best ever for Rotterdam TEU growth
Bruce Barnard, Special Correspondent |
Container traffic at the port of Rotterdam grew 8.8 percent in the first three months of the year, the biggest ever quarterly increase.
International ports
Container lines
Truckload buyouts to follow Swift-Knight deal, Schneider IPO
William B. Cassidy, Senior Editor, Trucking |
Knight-Swift merger, Schneider public offering, seen triggering more truckload acquisitions, consolidation, and soon.
Truckload
Knight-Swift merger sets stage for more capacity control
Reynolds Hutchins, Associate Editor |
The $6 billion deal announced Monday will establish Knight-Swift Transportation as the largest truckload operator in the United States.
Truckload
Samsung leads growth of Top 50 3PLs
Alan M. Field, Contributing Editor |
Although more than 90 percent of Samsung SDS’s logistics business originates with Samsung Electronics, Samsung SDS also handles the logistics for approximately 400 other beneficial cargo owners.
Logistics Technology News
Saia, TST Overland form US-Canada LTL trucking alliance
By JOC Staff |
Alliance between US and Canadian trucking operators comes as both parties expand.
LTL
Teamsters win wage hikes in US auto shipper contract
William B. Cassidy, Senior Editor, Trucking |
Auto demand may be 'leveling off,' but Teamsters win wage increases in five-year carhauler deal.
Truckload
US shipper demand for velocity, visibility reshaping trucking
William B. Cassidy, Senior Editor, Trucking |
The largest US trucking companies now are owned by large logistics operators looking to provide end-to-end services for shippers.
Trucking News
LTL
Truck brokers
Small US trucking companies bolster capacity
William B. Cassidy, Senior Editor, Trucking |
QualifiedCarriers.com data show more smaller trucking firms entering market as big carriers cut capacity.
Truckload
Truck brokers
Schneider, largest private US trucking firm, launches IPO
William B. Cassidy, Senior Editor, Trucking |
An infusion of capital from a stock offering would help Schneider expand services, update equipment, and acquire companies.
Truckload
Container lines defend against collusion suspicion
Reynolds Hutchins, Associate Editor |
The Department of Justice declined to say why CEOs of major carriers were served subpoenas March 15 at the biannual Box Club meeting in San Francisco.
Container lines
Transport, Trade and Regulation News
US truck regulators drop rulemaking, put CSA in limbo
William B. Cassidy, Senior Editor, Trucking |
The future of the Compliance, Safety, Accountability or CSA program increasingly is in doubt.
Transport, Trade and Regulation News
Trucking News
FedEx Freight LTL pricing up despite flat demand
William B. Cassidy, Senior Editor, Trucking |
FedEx Freight's latest quarterly earnings show LTL rates rising in the early months of 2017.
LTL
Shippers increase spend with largest US trucking firms
William B. Cassidy, Senior Editor, Trucking |
Shippers spent more on dedicated trucking and last-mile deliveries last year, benefiting top tier carriers. Will industrial and consumer freight follow in 2017?
LTL
DOJ’s carrier investigation targets ‘gray area’ of oversight
Mark Szakonyi, Executive Editor |
The Department of Justice is targeting a “gray area” between its authority and that of the Federal Maritime Commission.
Container lines
Transport, Trade and Regulation News
US antitrust regulators raid Box Club meeting
JOC Staff |
US authorities capitalized on a rare window to exercise their power over non-US-based companies.
Maritime
Transport, Trade and Regulation News
Container lines
US Xpress sees 'disruption' as truckload threat, opportunity
William B. Cassidy, Senior Editor, Trucking |
A new generation of leadership at US Xpress Enterprises plots a route through disruption, change to come.
Truckload
Legislative 'error' threatens US truck safety spend
William B. Cassidy, Senior Editor, Trucking |
A "technical error" could cut $112 million from federal funding for truck safety enforcement programs, raising the risk of high-cost accidents.
Transport, Trade and Regulation News
Trucking News
LTL
Teamsters take fight with XPO to New Jersey
William B. Cassidy, Senior Editor, Trucking |
Drivers at XPO's terminal in Trenton request a union election as the company battles the union on more than one front.
LTL
'K' Line: Carriers must control 5 percent of market or consolidate
Turloch Mooney, Senior Editor, Global Ports |
"After five years we will probably see new alliances, and smaller capacity carriers may lose out.”
LTL carriers pave way to growth in changing market
William B. Cassidy, Senior Editor, Trucking |
Shippers are likely to see LTL rates and fuel surcharges rise in 2017.
LTL
Dedicated trucking a ray of light after tough 2016
William B. Cassidy, Senior Editor, Trucking |
The largest US truckload carriers made the best of a bad year in 2016.
Truckload
Freight delays linger as US Northeast digs out from storm
William B. Cassidy, Senior Editor, Trucking |
Although ports may reopen Wednesday, in parts of the US Northeast, over-the-road freight transport remains frozen.
LTL
As market heats up, Roadrunner merges refrigerated carriers
William B. Cassidy, Senior Editor, Trucking |
Adding density by merging separate refrigerated subsidiaries gave Roadrunner market leverage.
Truckload
Cool Cargo News
BCOs move toward LTL as intermodal rates rise on box scarcity
William B. Cassidy, Senior Editor, Trucking |
A shortage of ocean containers may spell transloading opportunity for US trucking companies.
LTL
Industrial demand drives up US spot truckload rates
William B. Cassidy, Senior Editor, Trucking |
US spot truckload rates jump as volumes rise 17 percent in the first week of March.
Truckload
Swift searches for US freight bump to accelerate rates
William B. Cassidy, Senior Editor, Trucking |
After a "tougher" than expected start to the year, Swift Transportation expects more from March.
Truckload
CEVA bullish on 2017 as loss widens
Bruce Barnard, Special Correspondent |
Freight management volumes increased “significantly” through the year and outpaced market growth, CEVA said.
Logistics Technology News
Loan gives Roadrunner room to breathe and run
William B. Cassidy, Senior Editor, Trucking |
LTL-Truckload operator strives to reverse revenue decline, fix finances.
LTL
Truck brokers
USA Truck drives deeper into Mexico despite trade fears
William B. Cassidy, Senior Editor, Trucking |
USAT Logistics, the non-asset arm of USA Truck, opens a Mexican subsidiary.
Truckload
Dedicated trucking drives growth at US carriers
William B. Cassidy, Senior Editor, Trucking |
Dedicated trucking prevents deeper revenue decline at the Top 25 Truckload Carriers.
Truckload
Regional US LTL truckers outpace larger competitors
William B. Cassidy, Senior Editor, Trucking |
Mid-sized LTL carriers increased revenue at a faster pace in 2016 and are poised to grow more.
LTL
Hapag-Lloyd sees strong 2017 start after profit shrank last year
Bruce Barnard, Special Correspondent; Mark Szakonyi, Executive Editor, JOC.com |
Hapag Lloyd CEO Rolf Habben Jansen said the year is off to a strong start, after the container carrier reported a decline in operating profit in 2016.
Container lines
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