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Logistics News
Business, Logistics

3PLs Report Freight Volumes Better in 2Q, but Margins Compression Lingered in Peak Season

Each of the six publicly traded third party logistics providers, or 3PLs, is expected to announce revenue growth but only three may generate higher profits than a year ago, according to a Bloomberg News consensus forecast.

Ari Ashe | Staff Reporter
July 12, 2017
Business, Logistics

American Fast Freight Acquires Grand Worldwide Logistics

American Fast Freight Inc., an ocean freight forwarder specializing in less-than-containerload shipments, has acquired Grand Worldwide Logistics.

July 10, 2017
Business, Technology, Logistics, TCA

Chinese Delivery Company Gets Approval for Drone Deliveries

Chinese delivery company SF Holding said it has obtained a landmark license from the country’s military authorities to use drones to deliver commercial packages and was conducting the country’s first drone pilot demonstration zone.

July 6, 2017
Business, Technology, Logistics

Replay: LiveOnWeb on TT 100 Rankings and Shifting Business Climate

Against the backdrop of the July 10 release of the TT Top 100 For-Hire Carrier rankings, our July 12 LiveOnWeb expert panelists peered into their crystal ball and discussed the shifting business climate expected over the next six to 18 months. Watch the replay.

July 5, 2017
Business, Logistics

Panama Canal Chief Looks Back on the First Year of the Big Ship Era

In a telephone interview with the Miami Herald, Panama Canal Administrator Jorge Quijano reviewed the first year of the canal expansion, a massive project that included state-of-the art locks on both the Atlantic and Pacific sides of the canal, a new 3.8 mile access channel, and widening and deepening at various locations along the 50-mile long canal.

Mimi Whitefield | Miami Herald
July 5, 2017
Business, Logistics

XPO Logistics Poised to Pursue Acquisitions Again

XPO Logistics Inc.’s CEO is on the hunt for takeover targets again after taking a two-year pause.

Thomas Black | Bloomberg News
July 3, 2017
Logistics

ArcBest Becomes Latest LTL to Embrace Dimensional-Based Pricing

ArcBest Corp. is the latest less-than-truckload carrier to embrace dimensional-based pricing and is scheduled to institute the new program on Aug. 1.

June 30, 2017
Business, Logistics

Saddle Creek Logistics to Open $12 Million Pennsylvania Facility

Saddle Creek Logistics Services has leased a 249,000-square-foot distribution facility in Pittston Township, Pa., near a new FedEx hub.

Denise Allabaugh | The Citizens' Voice (Wilkes-Barre, Pa.)
June 28, 2017
Business, Technology, Equipment, Logistics

Amazon to Become Major Produce Shipper With Purchase of Whole Foods

With its pending purchase of the Whole Foods grocery chain, Amazon.com will become a major shipper for fresh produce, a transport market that has always been difficult and is now getting even more challenging.

Jonathan S. Reiskin | Associate News Editor
June 28, 2017
Business, Logistics

Some Shippers Implement Longer Payment Policies

Some shippers are taking longer to pay freight bills, forcing carriers and brokerage firms to accept either discounts on invoices paid within a shorter payment cycle or to absorb additional expenses associated with extending credit to customers.

Daniel P. Bearth | Staff Writer
June 27, 2017
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