Trucking Freight Brokers

News pertaining to transportation brokers, freight brokerage and truck freight.

Commentary

Although Uber Freight can certainly have a major impact on freight brokering, there are many factors that show the standards in the industry cannot be switched that easily.

News & Analysis

A truck stop in Nevada, United States.
08 Oct 2018
Transplace, with headquarters in Frisco, Texas, near Dallas, has been growing rapidly in recent years and expects to move $8 billion through its network this year.
XPO Logistics.
03 Oct 2018
XPO Logistics just answered Amazon’s delivery/fulfillment serve with a volley — the deployment of thousands of robotic “cobots.”
A truck travels in the United States.
14 Sep 2018
The smaller brokerage focusing on shipper supply chain management is GlobalTranz’s first major deal since it was sold to a new private-equity owner in June.
Uber Freight.
21 Aug 2018
Uber Freight’s app has become a market participant at a time when US truck capacity is very tight and shippers are looking for ways to counter (or at least blunt) the remarkable amount of negotiating power transport companies have.
Trucks travel on a highway in Tennessee, United States.
13 Aug 2018
Shippers take note: concerning US less-than-truckload trucking companies’ pricing power in contract talks, it’s not the end. It’s not even the beginning of the end.
XPO Logistics.
08 Aug 2018
Fresh from Amazon’s transportation shop, Kenny Wagers sees technology and integration within XPO as the keys to accelerating less-than-truckload growth.
Uber Freight.
07 Aug 2018
That upgrade for Uber Freight could lead to expanded, pro-active opportunities for shippers.
XPO Logistics.
02 Aug 2018
“We do expect a big peak this year because the economy is so good,” Bradley S. Jacobs, chairman and CEO, said in an interview. “...We’ve started staffing up already. That’s one of the reasons we began adding all the technology we’ve been developing.”
A truck travels on a US highway.
03 Jul 2018
It’s a stronger US truck market than even 2004/2005, drivers are aware that they are in short supply, and there is no end in sight — hence there is an obvious reason why both shippers and trucking companies should keep those market conditions in mind.
An Amazon fulfillment center in Washington state, United States.
06 Jun 2018
All key fundamentals point to another strong revenue growth year in 2018 for the third-party logistics provider sector, absent a trade war.
Uber Freight.
04 Jun 2018
The inclusion of carriers with up to 10 trucks in Uber’s capacity pool will help build density and increase the value of its app-based service to shippers.
A truck travels on a US road.
01 May 2018
Trucking companies at the NASSTRAC Shippers Conference say they aren’t having an easy time finding capacity either, citing rising labor costs and a shrinking labor pool. And there are other sector issues they are dealing with that shippers never see.
XPO Logistics.
24 Apr 2018
Some said it could not be done, but Bradley Jacobs is forging new shipper services by integrating assets and resources from across XPO Logistics’ diverse operating network.
XPO Logistics truck arrives at a port.
10 Apr 2018
XPO Connect will help shippers find and monitor fluctuating capacity across the logistics firm’s transportation modes.
Truck on a US road.
09 Apr 2018
Full enforcement of the electronic logging device mandate began April 1, but inspectors issued a slew of violations in early 2018, federal data show.
A truck travels on a US road.
30 Mar 2018
Freight brokers with less than $16 million in annual revenue saw shipments jump 20.5 percent in the fourth quarter, but higher truck rates put pressure on margins.
Trucks travel on an Oregon, US road.
08 Mar 2018
While 59 percent of the 258 truckers in the survey were satisfied with traditional brokers, 50 percent also said communication has been poor and 53 percent said the information about the load was lacking or incorrect.
XPO Logstics.
07 Feb 2018
Technology investments in the warehouse, at LTL docks, and in the last-mile delivery business are in the works at XPO Logistics, which expects consumer and business demand to propel technology in 2018.
20 Dec 2017
Despite the dip, the freight market is strong, as are the sectors that feed into freight — factory output, construction, and business investment.
07 Nov 2017
A survey of shippers and logistics service providers (LSPs) shows broad agreement truck capacity is getting tighter, but the LSPs expect rates to rise higher next year than shippers anticipate. Electronic logging devices may be a reason.
02 Nov 2017
E-commerce is accelerating, underpinning an uptick in global trade and US economic growth, XPO's Jacobs said.
01 Nov 2017
Purchased transportation costs rose steadily in the third quarter.
30 Oct 2017
More complex supply chains and faster fulfillment demands create opportunity for logistics "insourcing" among shippers, Haversack Logistics founder says.
27 Oct 2017
Third-quarter earnings reports reveal across-the-board increases in transportation rates, with little sign pressure will ease soon.
20 Oct 2017
"Relentless" investment in equipment, higher driver pay help boost capacity, revenue, profit for Werner.