Truck brokers

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.

A private investment group is spending $150 million to take over ownership of freight broker Express-1 Expedited Solutions and installing lead investor Bradley S. Jacobs as the chairman and CEO.

Geodis Wilson strengthened its position in the U.S.

The Ceridian-UCLA Pulse of Commerce Index fell 0.5 percent in April after rising 2.7 percent in March, underscoring what the index sponsors called a “fitful” recovery.

Truck rates and volume outpaced first-quarter cost increases at C.H. Robinson Worldwide, bolstering the non-asset transportation giant's revenue and profit.

Yusen Logistics (Americas) hired Doug Granger as director of capacity procurement and intermodal equipment management.

Rising freight demand is spilling across borders, sending spot market truck freight volume in Canada up 35 percent year-over-year in March, said TransCore.

Choptank Transport, an asset-based third-party logistics company in Preston, Md., opened a regional office in Atlanta, expanding its footprint in the Southeast.

Online marketplace uShip, which is doing for shipping what eBay did for sales, is moving deeper into the world of industrial transportation.

Truck freight brokers moved 10 percent more loads per month in 2010 than in 2009, underscoring growing use of brokers by shippers, according to TransCore.

Online transportation marketplace uShip is opening its doors to freight brokers, allowing brokers to offer loads to truckers on the Web-based auction site.

Freight shipments jumped 6.9 percent in March, with tonnage increasing across transportation modes, according to the Cass Freight In

Canadian third-party logistics company Kelron Logistics is expanding into intermodal rail, launching a North American intermod

Kuehne+Nagel reported 2010 net profit grew 28.7 percent from the previous year on sharply higher ocean and air freight volumes and gave an upbeat assessment of prospects for 2011.

Universal Truckload Services increased its operating revenue 20.4 percent to $605.9 million last year, aided b

New customers and higher shipping volume pushed total revenue to $426.4 million at Echo Global Logistics in 2010, a 64.3 percent increase over the previous year.

New business from acquisitions and market share gains pumped up revenue and earnings at hybrid trucker Roadrunner Transportation Services last year.

Higher shipment volume helped boost C.H. Robinson's profit 17.6 percent in the fourth quarter to $103.2 million as revenue rose 15.8 percent to $2.3 billion.

The massive winter storm hitting a broad swath of the U.S. is delaying or stopping truck and train transport, as states shut icy highways or impose truck limits.

Transportation Secretary Ray LaHood said he expects to have an agreement to revive cross-border trucking between the U.S. and Mexico by the middle of the year after sending U.S.

Third-party logistics provider Greatwide Logistics Services acquired trucking operator Overton Transportation from Sysco. Terms of the deal were not disclosed.

Ryder System completed its acquisition of Total Logistics Control, a third-party logistics provider, for approximately $200 million.