Current news, information and trends in the commercial motor freight industry covering trucking, freight lines and carriers, logistics and classification.
Posted 10/29 · 12:32 PM · LM Editorial
The subject of regulations was front and center at last week’s Council of Supply Chain Management Professionals (CSCMP) Annual Conference in Denver during a session entitled “Planes, Trains, and Automobiles—Regulatory Challenges in Transportation.”
Posted 10/16 · 10:39 AM · LM Editorial
September truckload rates were up 1.7 percent compared to September 2012 and up 2.7 percent compared to August, and intermodal rates were down 0.5 percent annually in September and fell 1.2 percent from August.
Posted 10/15 · 11:15 AM · LM Editorial
In the first few days of the fourth quarter, there were several trucking M&A-related developments.
Posted 10/09 · 11:05 AM · LM Editorial
At the recent FTR Transportation Conference in Indianapolis, there were widespread views regarding market factors germane to capacity expansion.
Posted 10/01 · 08:31 AM · LM Editorial
Phoenix-based Knight Transportation, one of the top and most profitable truckload companies, says it is “disappointed” that USA Truck has rejected Knight’s $9 per share, all cash offer to take over the financially ailing Van Buren, Ark.-based TL carrier.
Posted 09/18 · 04:40 PM · LM Editorial
These short 5 questions address the business basics, or essential questions that a shipper should be able to answer for every carrier they use.
Posted 09/13 · 10:02 AM · LM Editorial
Trucking market conditions may result in seasonal pricing power for carriers, according to the Trucking Conditions Index released by freight transportation consultancy FTR Associates this week.
Posted 09/04 · 01:26 PM · LM Editorial
In a letter addressed to Department of Transportation Secretary Anthony Foxx last week, 51 Republican members of the House of Representatives expressed their concern regarding the motor carrier Hours of Service (HOS) final rule, which took effect on July 1.
Posted 08/20 · 01:52 PM · LM Editorial
Seasonally-adjusted (SA) truck tonnage in July fell 0.4 percent following a 0.1 percent gain in June, and not seasonally-adjusted (NSA) index, which represents the change in tonnage actually hauled by fleets before any seasonal adjustment, increased 3 percent from 125.9 in June to 129.6 in July.
Posted 08/12 · 08:10 AM · LM Editorial
Last week, Rotunda Capital Partners, a middle market private equity firm, announced it sold off global logistics services provider Worldwide Express to an investment group, which included a significant investment from Worldwide’s management team.