Truck brokers

A drop in daily tonnage after price hikes in 2011 and "unusual" workers compensation costs contributed to

Landstar System increased its net profit 30 percent to $26.8 million as truck transportation revenue rose 15.8 percent to $600.2 million in the first quarter.

The economic recovery, tenuous on Main Street and shaky on Wall Street, is surprisingly strong on the open road, where trucking companies are accelerating faster than the general economy and generatin

A 21.9 percent jump in freight brokerage propelled Echo Global Logistics' profit in the first quarter to $3.1 million, up 42.9 percent year-over-year.

When the gavel finally came down on convicted scam artist Kulwant Singh Gill on March 28, it came down hard.

Echo Global Logistics is expanding its offices in Arizona to accommodate the addition of employees through the acquisition of Advantage Transport.

A California man who pleaded guilty to a scheme that defrauded truckers and freight brokers was sentenced to more than 10 years in federal prison Tuesday.

More transportation services and a bigger agent network helped logistics operator AutoInfo increase gross revenue 14.4 percent to $320 million

XPO Logistics raised $136.7 million through a public stock offering, exceeding its initial expectations as it secured funds for acquisitions and expansion.

Trailer Bridge has emerged from Chapter 11 bankruptcy reorganization with a federal judge’s approval of the Puerto Rico carrier’s financial restructuring agreement.

XPO Logistics, a third-party logistics company with plans to expand by acquisition, will sell 6 million shares of common stock in a public offering.

New customers, higher truck freight volumes and significant rate hikes pushed revenue at Echo Global Logistics up 41 percent last year to $602.8 million.

Landstar System’s fourth quarter revenue rose 22.1 percent to $717.5 million, powered by a significant increase in freight volume and an “extra” week.

Trucking operator Arkansas Best returned to profit in 2011, reporting a $6.8 million net profit for the full year, compared with a $32.6 million loss in 2010.

C.H.

Sheila Taylor, the former chief financial officer who helped troubled trucking giant YRC Worldwide steer clear of bankruptcy, joined Menlo Worldwide Logistics.

Starting Feb. 27, 2012:

Canadian trucking operator Contrans Group purchased Wilburn Archer Trucking, adding the dry bulk trucker to its transportation and logistics subsidiaries.

The parent of Concert Group Logistics said Wednesday the U.S.

DB Schenker is in talks with less-than-truckload operator Estes Express Lines to turn over management of the forwarder’s U.S.

Panalpina will create three regional CEO positions, with one chief position each for the divisions of Europe and the Middle East, the Asia-Pacific and the Americas, as the Swiss logistics group works

A federal judge sentenced the former transportation director for SC Johnson to eight years in jail this month for his role in a shipping scheme that defrauded the company of tens of millions of dollar

A 30 percent increase in shipments pushed third-quarter gross revenue up 40 percent year-over-year to $159 million at Echo Global Logistics.

Profits tightened at XPO Logistics, formerly Express-1Expedited Solutions, as operating revenue rose 6.6 percent in the third quarter to $47.4 million.

Increases in truck and intermodal volume and pricing pushed C.H.

Logistics services company Transplace is expanding from its trucking base into intermodal rail by merging with intermodal marketer Celtic International.

C.H. Robinson Worldwide acquired Timco Worldwide, one of the largest melon sourcing and distribution companies in North America and Latin America, for an undisclosed sum.

Truck freight broker Total Quality Logistics said it expects sales to top $1 billion this year as it opened a satellite office in Dayton, Ohio.

The shareholders of Express-1 Expedited Solutions approved a $150 million private equity investment and a change in management and name for the company.

Roadrunner Transportation Systems said will buy freight Prime Logistics for $97.5 million, as one the fastest gro

Greater reliance on high volume customers paying lower rates drove second quarter profit down 39.2 percent year-over-year at Express-1 Expedited Solutions, despite higher revenue.

John Simone, former president and chief operating officer of Greatwide Logistics Services, joined regional truckload and logistics company LinkAmerica as president and CEO.

AutoInfo, the parent of non-asset trucking and logistics firm Sunteck Transport, increased its net profit 24.3 percent in the second quarter to $905,000.

Old Dominion Freight Line on Monday combined several existing business units to launch a carrier “neutral” third-party logistics provider, Vault Logistics.

A 56 percent increase in individual truck brokerage sales shot second quarter revenue at Echo Global Logistics 38 percent higher than a year ago to $151.5 million.

Greatwide Logistics tapped John P. Tague, the former president of United Airlines, as chief executive officer, succeeding veteran trucking executive Leo Suggs.

Spot market truckload rates rose 4.5 percent in June from May, according to TransCore Freight Solutions, as truckload capacity dropped 7 percent.

Freight brokers increased their revenue 17.1 percent in the first quarter from the same period a year ago as the third-party logistics companies expanded fastest in business beyond their cor

A new cross-border trucking program with Mexico could be in place within two months, Federal Motor Carrier Safety Administrator Anne S. Ferro said.

Less-than-truckload carriers are broadly dissatisfied with LTL pricing models, but not at all optimistic about changing to a new method for matching prices to freight.