Freight revenue and volume grew single digits year-over-year in the second quarter, but margins shrunk during the same period because spot market rates were higher than mid-2016, according to the Transportation Intermediaries Association’s quarterly 3PL Market Report.
September 20, 2017Logistics 50 | Freight Brokerage | Dry Storage Warehousing | Refrigerated Warehousing | Dedicated | Ocean Freight | Airfreight
Top Refrigerated Firms
No rankings are available for this year.
Extras
On the Bubble
Brokers Move More Truckload Freight in Second Quarter
Truck Turn Times Slow One Minute in August
LONG BEACH, Calif. — The average truck turn time at the nation’s two largest ports slowed one minute in August compared with last year, even while more containers flowed into the terminals this year.
ATA Tonnage Index Jumps 8.2% in August
Truck tonnage took a healthy 8.2% step up in August, perhaps driven by hurricane preparation work and port shipping, American Trucking Associations said Sept. 19.
Shipping Companies’ Expansion in Hawaii Could Go Bust for Some
When an established maritime company announced tentative plans last month to start a new domestic shipping line in 2020 to serve Hawaii, it said such service would provide “market stability.” But another possible result is a cargo capacity glut.
Celadon Sells Assets of Flatbed Division to PS Logistics
Celadon Group is getting out of the flatbed business, striking a deal to sell all of the assets of its flatbed division to PS Logistics in Birmingham, Ala., company officials announced Sept. 18.
September 18, 2017Construction Begins on Wisconsin FedEx Truck Terminal Opposed by Nearby Residents
Construction is beginning in Oak Creek, Wis., on a huge FedEx truck terminal opposed by nearby residents.
Analysis: An Infrastructure Deal Should Be Easy, But Isn’t
Although Trump made big promises during the campaign and in his first days in the White House, the administration’s initial plan is for a meager $200 billion spread out over a decade and is reliant on private partnerships.
California County May Halt New Trucking Terminals as Tensions Rise
Sutter County may move to temporarily halt any new trucking operations in unincorporated areas as tensions mount with area residents over trucking terminals off Highway 99 south of Yuba City.
Port of Virginia Keeps Breaking Records — and So Are Many Other Big Ports Across the Nation
August turned out to be yet another record month for the Port of Virginia.
Illinois County Hears Proposal for $1.2 Billion Warehouse Development
Will County officials recently got a peek at the proposed 2,200-acre business park in Jackson Township, Ill., with its developers’ promises of pumping revenue into the Elwood and Manhattan areas, while keeping trucks off residential roads.
September 13, 2017