The lowest reading yet for JOC Truckload Capacity Index reflects lower truck counts at some of the largest U.S. carriers in the fourth quarter. The actual drop in capacity is likely deeper, as carrier bankruptcies hit a three-year high in the quarter.
Trucking Freight Brokers
News & Analysis
28 Feb 2014
26 Feb 2014
Encouraged by signs of a stronger U.S. economy and recent acquisitions, XPO Logistics is raising its revenue run rate target for 2014 to $2.75 billion, almost triple the $1 billion run rate the company achieved in 2013.
18 Feb 2014
Shippers aren't convinced 2014 will bring a truckload “capacity crunch" and don't expect rates to rise that much. Carriers have a different view, based on increasing freight demand and rising costs.
12 Feb 2014
Shippers must be more proactive to mitigate rate increases, meet truck capacity and supply chain challenges in 2014, says Andy Moses, senior vice president of global products at Penske Logistics.
31 Jan 2014
Shippers that were complacent about reports of tightening truck capacity in 2013 could be in for a shock this year, especially if weaknesses in transportation networks exposed by this winter’s severe storms are taken as a warning sign.
23 Jan 2014
Despite the noise from winter storms, holiday backlogs and an early Chinese New Year, there are signs that higher manufacturing activity is boosting freight demand and transport revenue, speakers say at SMC3's JumpStart 2014 conference.
22 Jan 2014
Shippers have a new way to book less-than-truckload freight and compare LTL truck rates — an online LTL spot rate marketplace launched by uShip and 16 asset-based LTL carriers.
12 Jan 2014
At a recent supply chain conference, Bradley S. Jacobs heard a “financially compelling” case for investing and doing business in his country from former Mexican President Felipe Calderón. “Mexico is positioning to chip into China’s status as one of our major trading partners,” said the chairman and CEO of XPO Logistics.
06 Jan 2014
More midsize and smaller shippers will have access to intermodal rail following the acquisition of Pacer International by XPO Logistics, a move that will push truck freight brokerage toward a more multimodal model.
06 Jan 2014
XPO Logistics will buy intermodal giant Pacer International for approximately $335 million, expanding its reach into new freight markets.