Various reports issued this week indicated that FedEx Freight, the less-than-truckload (LTL) subsidiary of Memphis-based global freight transportation and logistics services provider FedEx, will begin…
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The debut of RXO was made official today, with the spin-off of XPO Logistics truck brokerage and asset-light transportation units now officially complete. RXO began…
Yellow, which controls 10% of the $46 billion less-than-truckload (LTL) marketplace, narrowed its loss in first quarter to $27.5 million from $63.3 million in the…
ODFL said that these new facilities are strategically placed to reinforce its commitment to operational excellence and to build network quality. And it added that…
Quarterly revenue—at $3.4 billion—increased 14% annually and was up 30% compared to 2010, representing the fourth straight quarter XPO’s revenue has set a new record,…
Quarterly revenue, at $1.41 billion was up 31.4% annually, with LTL services revenue, at $1.39 billion, also posting a 31.4% annual gain. Operating income saw…
Top trucking executives say their relentless rise in costs for everything from new and used trucks to fuel and driver pay will cause them to…
November’s TVI reading—at 239—matched October, which initially set a new record for the number of loads moved by motor carriers in a month, according to…
ased freight transportation and logistics services provider Averitt Express said it has taken steps to expand its Amarillo, Texas-based operations, in opening up 25,000 square-feet…
The August reading for the TVI—at 231—increased 2% from July and posted a 17% annual increase and is one of the five highest months on…
Logistics Management Group News Editor Jeff Berman recently spoke with Dave Bates, senior vice president of operations, for Thomasville, North Carolina-based less-than-truckload services provider Old…
The ATA’s advanced Seasonally Adjusted (SA) For-Hire Truck Tonnage Index for July—at 109.8 (2015=100)—was down 1.2%, following a 2% June decline (downwardly revised from an…
Usually inventory-to-sales ratios are one of myriad geeky numbers released monthly that only other statisticians—and historians—follow with any regularity. However, as anyone connected with the…
The acquisition of ECM will boost Omaha, Neb.-based Werner’s fleet by more than 6% as well as increasing coverage for regional short-haul freight in these…
Following the announcement late last week that Phoenix-based GlobalTranz, a full-service 3PL focused on freight brokerage and technology, and Dallas-based Worldwide Express, a full-service non-asset-based…
Logistics Management Group News Editor Jeff Berman recently spoke with Doug Waggoner, CEO of Chicago-based Echo Global Logistics about various topics, including: the state of…
The ATA’s advanced Seasonally Adjusted (SA) For-Hire Truck Tonnage Index for April—at 114.7 (2015=100)—dropped 0.3%, from March to April, following a 2.3% gain, from February…
The ATA’s advanced Seasonally Adjusted (SA) For-Hire Truck Tonnage Index for March—at 106.8 (2015=100)—was off 5.1%, following a 2.3% February decline (revised from an initial…
The ATA’s advanced Seasonally Adjusted (SA) For-Hire Truck Tonnage Index for February—at 110 (2015=100)—decreased 4.5%, from January to February, following a 1.4% (upwardly revised from…
DAT noted that the week of February 21 was the busiest week ever for load postings on the DAT network, with the total number of…