Truck brokers

Pacer International, in the second round of major management changes in the last three months, announced new executive changes as the intermodal and logistics services provider transforms from primari

Truck tonnage climbed to its highest level since September 2008, the brink of the financial crisis that precipitated the recession, a trucking industry index shows.

The pace of recovery is slowing for truckload carriers, as truck capacity stabilizes at a lower level, according to the May 28 Morgan Stanley Truckload Freight Index.

Trucking yield and rates aren't rising as quickly as demand despite a surge in freight volume on highways in the first quarter, according to new figures on the trucking market.

Trucking company Old Dominion Freight Line expanded its international freight forwarding business, opening four regional command centers to guide shipments through its domestic and global networks.

Intermodal marketing companies tilted their traffic share much more toward rail-truck combination moves in the first quarter and away from all-highway loads, according to the Intermodal Association of

Universal Truckload Services earned $2.1 million in net profit in the 13 weeks ended April 30, almost entirely from sales of marketable securities.

The only dispute in the truckload industry over the direction of rates this spring is whether pricing is going up fast or very fast.

Landstar System increased sales 14.4 percent to $548.1 million in the first quarter, increasing the number of truckloads hauled 16.9 percent.

Freight brokers are studying whether they can help correct a steep imbalance in transportation equipment availability that is hurting efforts of U.S. exporters to get goods to overseas markets.

The global logistics chief for Duty Free Shops is calling on freight brokers to straighten out gray areas in liability which he says leave his company too easily exposed to injury claims by independen

Forwarder UTi Worldwide swung to a $1.5 million net profit in its fourth fiscal quarter ended Jan. 31 from an $89.8 million loss in the same period a year earlier.

Turnaround specialist Atlantic Street Capital sold its same-day delivery business, Fleetgistics, to Harbour Group, a St. Louis-based holding company.

Greatwide Logistics aims to recruit mid-tier shippers as it expands its dedicated contract carriage and third-party transportation services in the nascent recovery.

Freight brokerage giant C.H. Robinson says its base of carriers shrank 6 percent, or 3,000 carriers, in 2009 as the recession took a toll on transportation capacity providers.

A 65 percent leap in shipment volume helped Echo Global Logistics increase revenue 47 percent and quadruple its profit in the fourth quarter, despite falling transportation rates.

Surging freight volume in the fourth quarter boosted sales at logistics giant C.H. Robinson Worldwide, but falling rates offset volume increases in many of its transportation services.

Greatwide Logistics Services Chairman Leo Suggs replaced Raymond B. Greer as CEO of the third-party truck brokerage and logistics firm.

Pressure on prices drove profit down 32 percent in 2009 for trucking, brokerage and intermodal transportation provider J.B. Hunt.

The head of the Transportation Intermediaries Association says the group could accept a 10-fold increase in bonds required for licensed freight brokers in exchange for stronger regulation of the licen

The truckload carrier owners of Transplace sold the third-party logistics and technology operator to a New York-based private equity firm, the companies announced Tuesday, saying the deal will allow n

Roadrunner Transportation Services expects to launch its initial public stock offering now that the economy is more stable and the trucking company has withstood the downturn in demand.

Roadrunner Transportation Services is connecting its Midwest markets with the West Coast by acquiring Bullet Freight Systems and its logistics unit, Caliber Logistics.

Smaller logistics operators and freight brokers outperformed their larger counterparts in the third quarter, but a less-than-robust recovery is squeezing profit margins at all 3PLs, said the Transport

Freight volume in trucking’s spot market rose 10 percent in October, said TransCore, which reported the first year-over-year increase this year in the TransCore Freight Index.

Truckload carrier Werner Enterprises earned a profit of $18.99 million on revenue of $429.3 million in the third quarter.

Landstar System suffered a 38.7 percent decline in net profit in the third quarter, to $20.1 million, on a sharp drop in shipping demand across its trucking and brokerage businesses, the truckload ope

The Evans Network of Companies acquired the container drayage, domestic truckload and brokerage assets of two southeastern U.S.

Surface transportation should show modest growth through 2010 and then take off strongly in 2011 with double-digit growth in volume, a Schneider Logistics executive said Tuesday.

Echo Global Logistics, which has grown into a $200 million company in less than five years, launched an initial public offering Friday expected to bring nearly $80 million to the third-party logistics

Truck tonnage climbed for the second month in a row in August, boosting the American Trucking Associations’ advance seasonally adjusted For-Hire Truck Tonnage Index another 2.1 percent over a si

Kenny Nova joined Aljex Software as vice president, corporate development.

A man and his two sons are facing federal fraud charges in Pennsylvania for allegedly setting up a phony truck brokerage scheme that duped companies out of more than $1 million.

The case of two Los Angeles-area transportation con men had all the elements of a movie thriller except a Hollywood ending — at least for the scammers.

Nicholas Lakes and Viacheslav Berkovich used home computers, multiple cell phones, dozens of aliases and a web of false companies to cheat hundreds of victims in the trucking industry out of millions

The second of two California men who used information gleaned from federal Web sites to con trucking companies and brokers out of $2.7 million was sent to prison Aug. 10.

The volume of freight available for truckers surged 33 percent in June, far outstripping the normal seasonal increase of up to 12 percent, according to TransCore’s Freight Index.

Motor carriers doing business with the Defense Department through owner-operators must pass on any fuel surcharges under an interim rule that took effect July 29.

Non asset-based transportation holding company Circumference America consolidated operations and sold its intermodal division, Radius Rail Logistics.

Canadian trucking and oilfield services company the Mullen Group earned a profit of $17.8 million on revenue of $202.7 million in the second quarter.