Filed in Truckload
Friday, August 26, 2011
Non asset-based third-party logistics services provider Road Runner Transportation Services (RRTS) continued its aggressive rate of acquisitions this week, announcing it has entered into a definitive merger agreement to acquire the outstanding stock of Prime Logistics Corporation for roughly $97.5 million.
Friday, July 29, 2011
Second quarter earnings for Echo Global Logistics, a non-asset based freight brokerage company and a provider of technology-enabled transportation and supply chain management services, were strong, with total revenue up 37.9 percent at $151.5 million.
Friday, July 01, 2011
The cost of the U.S. business logistics system jumped up 10.4 percent in 2010, making up more than half of the preceding year’s decline. But don’t expect gains like this to continue as the economy begins to slow and all four transportation modes scramble to make adjustments during this period of unprecedented volatility.
Tight capacity, more regulation, major concerns
As we turn the corner towards a lasting recovery, we’re reminded of the columns that we wrote in the recent past signaling the shifts in partnerships between shippers and transportation providers—specifically on the rates and services “dance” and potential capacity tension.
Tuesday, May 24, 2011
Non asset-based third-party logistics (3PL) services provider UTi Worldwide (UTIW) said this week it has introduced a U.S.-Mexico cross-border service in an effort to “simplify and speed trade across the U.S. and Mexico borders.”
Friday, April 01, 2011
There’s a better way to configure complex transportation networks and fill them with the right sort of hauling capacity. The caveat, however, is that the sheer size and complexity of these networks means technology is required to perform the analytics that enable harvesting the value. Here’s how to get it done.
Tuesday, February 15, 2011
Retail sales began 2011 on a relatively promising note, according to data released by the United States Department of Commerce and the National Retail Federation (NRF). January retail sales, which include non-general merchandise like automobiles, gasoline, and restaurants, were $381.6 billion for a 0.3 percent increase from December and a 7.8 percent increase over January 2010, according to Commerce.
Monday, February 14, 2011
In 2010, easy annual comparisons to a troubled 2009 often paved the way for favorable data trends in the freight transportation sector. Based on recent data in TransCore’s TrendLines report, those comparisons for the trucking sector are still heading in the right direction early into 2011.
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Monday, February 07, 2011
Following a decline in December freight shipments, the first month of 2011 continued that trend, according to the most recent edition of the Cass Information Systems Freight Index.