Top 50 3PLs

The largest US logistics provider claims “compelling results” from cross-selling surface transportation and air and ocean services, despite weak market conditions.

The change in leadership is likely to accelerate strategic changes in planning and capital spending at C.H. Robinson that have been under way since last March at the urging of investors.

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 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.

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

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.

Despite softening spot rates in some modes, overall supply chain costs are rising, with higher interest rates putting more pressure on inventories, according to the CSCMP State of Logistics report.

C.H. Robinson Worldwide says the changing trucking market is driving up demand for automated spot pricing quotes by double-digit percentages.

The debate over whether a freight recession is starting in US trucking is getting hotter as spot rates decline but other demand and pricing indicators stay positive.

Lineage’s latest acquisition expands the global food chain logistics company’s reach across Canada.

As it prepares to go public, Transfix is looking to derive more revenue from non-transactional shipper services, including its drop trailer program, and to draw smaller shippers to its platform.

C.H. Robinson Worldwide, the largest US freight broker, sees autonomous trucking as a “new mode” and a way to better manage its partners’ assets, creating capacity for shippers.

The acquisition of cross-border specialist Forager Group will help multi-modal logistics provider Arrive offer shippers more visibility, connections, and capacity.

A fresh round of investor cash sets the stage for greater automation and expansion of facilities in Lineage’s global cold-chain network.

The $480 million purchase of the former Port Logistics Group connects seaports more closely to Ryder System’s e-commerce fulfillment network.

C.H. Robinson Worldwide is linking its less-than-truckload carrier network to the retail platform offered by SPS Commerce to help shippers get retail goods onto shelves and avoid holiday stockouts.

Choptank expands Hub Group’s refrigerated brokerage business as US shippers demand greater access to transportation capacity across modes and sectors.

The third-party logistics market is being reshaped in a crucible of ongoing supply chain disruption and technology, Transplace CEO Frank McGuigan told the JOC Inland Distribution webcast.

Recent merger and acquisition activity, such as the ArcBest-Molo deal, proves many investors believe opportunity lies in third-party logistics providers.

As shippers increasingly turn to – or are forced to – the spot market for truck capacity, automation will identify opportunities to lower costs, according to C.H. Robinson Worldwide.