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Freight Management Today: More Freight, Fewer Trucks and Drivers

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PLS Logistics Services is one of America’s largest freight brokers and the largest third-party logistics provider to the industrial sector. The company’s 8,000 pre-qualified carrier partners give shippers access to 150,000 trucks, including the largest network of flatbeds in North America.




May 02, 2011

The numbers don’t lie. The economy is returning to pre-recession levels and freight volumes are rising.  At the same time, carrier failures, fleet reductions, and the ongoing exodus of drivers from the industry have drained the freight market of much of its capacity. This combination of rising demand and diminished capacity is creating a dangerous imbalance to which shippers have been slow to respond.

The risk is greatest for small and mid-sized companies, who lack the leverage to ensure available carrier capacity at a reasonable price. But there are steps you can take now to manage freight requirements during the coming capacity crunch to avoid supply chain disruptions and protect your market share.


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Freight Management Today: More Freight, Fewer Trucks and Drivers
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Recent Entries

In the third-party logistics (3PL) sector, the ongoing trend of merger and acquisition (M&A) activity never seems to take a break. That is apparent in recent weeks alone, with XPO Logistics recent acquisition of Norbert Dentressangle for $3.53 billion, Echo Global Logistics scooping up Command Transportation for $420 million, and Kuehne+Nagel buying ReTrans for an undisclosed sum.

During this webcast attendees will learn about technology that is delivering real-time tracking on freight and putting an end to the all too common question of “Where’s My Brokered Load?”. Whether you’re a broker, 3PL, shipper, or carrier, find out how you can gain automated, TMS-integrated visibility on all your shipments.

FedEx recently took another step in its plans to acquire Netherlands-based TNT-NV and a provider of mail and courier services and the fourth largest global parcel operator for $4.8 billion, which it announced in early April. The company said it has “submitted the required filing to the European Commission to obtain regulatory clearance in connection with the intended recommended public cash offer all issued and outstanding ordinary shares in the capital of TNT Express.”

The American Trucking Associations last week praised Senator Deb Fischer (R-Neb.) for her bill that takes some positive steps towards alleviating the current environment regarding the truck driver shortage.

Global third-party logistics (3PL) services provider Kuehne+Nagel (KN) said this week it has entered into an agreement to acquire ReTrans Inc., a Memphis-based provider of multimodal transportation services.

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