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Top 25 Less Than Truckload Companies in 2017

Top 25 Less Than Truckload Companies in 2017

Posted: May 15, 2018 | Newsletter

Logistics Management discloses in its annual examination of the Top 25 trucking companies, nearly all of the Top 50 carriers are profitable, some with eye-popping efficiencies, such as Old Dominion Freight Line's (ODFL) industry-leading 82.5 operating ratios for last year. Keep in mind ODFL is posting that impressive ratio while growing annual revenue 10% to more than $3 billion last year.

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Container Rates Continue Downward Spiral

Posted: May 15, 2018 | Newsletter

Spot pricing has slipped again on almost every major east-west trade and remains significantly below 2017 levels, a trend that could be compounded by the introduction of additional capacity during the first quarter. 

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Is There a New US Based Parcel Service Being Born in Front of Our Eyes?

Is There a New US Based Parcel Service Being Born in Front of Our Eyes?

Posted: March 20, 2018 | Newsletter

Pitney Bowes Inc. took a big leap into the U.S. parcel shipping market by acquiring privately held Newgistics Inc., a provider of reverse and forward parcel shipping services, for about $475 million. The transaction, which has been the subject of industry rumors for several months, will merge Pitney's formidable IT capabilities with Newgistics' physical distribution network, which processes 100 million parcels a year-more than half the volume moving through the U.S. Postal Service's fast-growing "Parcel Select" product, where large parcel consolidations managed by firms like Newgistics are inducted deep into the postal delivery infrastructure for final deliveries to residences. 

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Is the Truck Load Industry Looking at More Merges, Like Ocean Freight?

Is the Truck Load Industry Looking at More Merges, Like Ocean Freight?

Posted: March 20, 2018 | Newsletter

The biggest truckload carrier in the United States is growing by 400 trucks with a tuck-in acquisition that it says will immediately add $100 million in revenue and, just as importantly, 400 drivers to its fleet operations. Phoenix-based Knight-Swift Transportation says it is buying Richmond, Va.-based Abilene Motor Express for an undisclosed amount. It's the first expansion since Knight Transportation bought Swift Transportation last September. Knight-Swift, with revenue in excess of $5 billion, already is the largest TL carrier in the nation and now commands about 2 percent of the highly splintered truckload market. Unlike LTL with its complex hub-and-spoke terminal networks, there are few barriers to entry in the truckload sector.

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Will Trump’s New Tariff Strategy Send Ripples to the Ocean Carriers?

Will Trump’s New Tariff Strategy Send Ripples to the Ocean Carriers?

Posted: March 20, 2018 | Newsletter

When assessing the current and future state of United States-bound retailer container shipments, there is a short-term outlook and a long-term outlook, based on the findings and takeaways of the Port Tracker report issued by the National Retail Federation (NRF) The short-term: focus has to do with the timing of the Lunar New Year, which ran from February 16 to March 2, and is expected to impact March volumes. And the longer-term focus centers on recently-enacted tariffs on steel and aluminum imports made official by the White House this week, which have the potential to impact future port volumes, among other factors like hinder consumer spending activity. 

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