Truck brokers

Panther Expedited Services, the second largest expedited transportation company in the U.S. by revenue, plans an initial public offering worth up to $100 million.

Trucking and logistics operator Con-way said its net profit fell by more than half in the second quarter to $13.9 million as earnings plunged in the core less-than-truckload operations despite improvi

Echo Global Logistics increased sales 82.3 percent from a year ago, as spot market and contractual brokerage and logistics revenue soared in the second quarter.

Seasonally adjusted truck tonnage declined for the second consecutive month, supporting claims the economy is slowing, the American Trucking Associations said.

Acquisitions and higher freight demand helped Universal Truckload Services increase sales 28.7 percent in the second quarter to $154.3 million, the carrier said Friday.

Third-party logistics operator C.H.

Landstar System expanded its profit 36 percent in the second quarter to $24.4 million with a record number of truckload moves and said it expects to maintain a strong recovery in demand through the th

Truckload capacity is so tight that even a slowing economy is unlikely to dampen rate hikes this summer, according to investment research firm R.W. Baird.

Trucking companies that once kept third-party logistics providers at arm’s length are pulling them in for a closer embrace as they seek new sources of freight.

Struggling less-than-truckload giant YRC Worldwide said it will sell part of its YRC Logistics operation for $37 million to private equity investor Austin Ventures and partner with that firm on some o

Con-way Freight is expanding its work for Caterpillar Logistics Services, the logistics arm of heavy equipment maker Caterpillar, to cover trucking in more than half the United States as well as busin

The nation's largest trucking operator, YRC Worldwide, is forging closer relationships with third-party logistics providers as it tries to rebuild its business.

Truckload carriers are becoming less reliant on brokers as freight volume recovers from the recession, according to a survey by Transport Capital Partners.

A bipartisan Senate bill aimed at defending businesses from fraudulent freight brokering schemes is being backed by independent truckers and freight brokers.

Truckload capacity is tightening in the U.S. Southeast at a greater rate than other portions of the country, according to Longbow Research.

Shippers and freight brokers are facing a “landslide” of lawsuits related to truck accidents, says Tucker Company Worldwide President Jeffrey Tucker.

Pacer International, in the second round of major management changes in the last three months, announced new executive changes as the intermodal and logistics services provider transforms from primari

Truck tonnage climbed to its highest level since September 2008, the brink of the financial crisis that precipitated the recession, a trucking industry index shows.

The pace of recovery is slowing for truckload carriers, as truck capacity stabilizes at a lower level, according to the May 28 Morgan Stanley Truckload Freight Index.

Trucking yield and rates aren't rising as quickly as demand despite a surge in freight volume on highways in the first quarter, according to new figures on the trucking market.

Trucking company Old Dominion Freight Line expanded its international freight forwarding business, opening four regional command centers to guide shipments through its domestic and global networks.

Intermodal marketing companies tilted their traffic share much more toward rail-truck combination moves in the first quarter and away from all-highway loads, according to the Intermodal Association of

Universal Truckload Services earned $2.1 million in net profit in the 13 weeks ended April 30, almost entirely from sales of marketable securities.

The only dispute in the truckload industry over the direction of rates this spring is whether pricing is going up fast or very fast.

Landstar System increased sales 14.4 percent to $548.1 million in the first quarter, increasing the number of truckloads hauled 16.9 percent.

Freight brokers are studying whether they can help correct a steep imbalance in transportation equipment availability that is hurting efforts of U.S. exporters to get goods to overseas markets.

The global logistics chief for Duty Free Shops is calling on freight brokers to straighten out gray areas in liability which he says leave his company too easily exposed to injury claims by independen

Forwarder UTi Worldwide swung to a $1.5 million net profit in its fourth fiscal quarter ended Jan. 31 from an $89.8 million loss in the same period a year earlier.

Turnaround specialist Atlantic Street Capital sold its same-day delivery business, Fleetgistics, to Harbour Group, a St. Louis-based holding company.

Greatwide Logistics aims to recruit mid-tier shippers as it expands its dedicated contract carriage and third-party transportation services in the nascent recovery.

Freight brokerage giant C.H. Robinson says its base of carriers shrank 6 percent, or 3,000 carriers, in 2009 as the recession took a toll on transportation capacity providers.

A 65 percent leap in shipment volume helped Echo Global Logistics increase revenue 47 percent and quadruple its profit in the fourth quarter, despite falling transportation rates.

Surging freight volume in the fourth quarter boosted sales at logistics giant C.H. Robinson Worldwide, but falling rates offset volume increases in many of its transportation services.

Greatwide Logistics Services Chairman Leo Suggs replaced Raymond B. Greer as CEO of the third-party truck brokerage and logistics firm.

Pressure on prices drove profit down 32 percent in 2009 for trucking, brokerage and intermodal transportation provider J.B. Hunt.

The head of the Transportation Intermediaries Association says the group could accept a 10-fold increase in bonds required for licensed freight brokers in exchange for stronger regulation of the licen

The truckload carrier owners of Transplace sold the third-party logistics and technology operator to a New York-based private equity firm, the companies announced Tuesday, saying the deal will allow n

Roadrunner Transportation Services expects to launch its initial public stock offering now that the economy is more stable and the trucking company has withstood the downturn in demand.

Roadrunner Transportation Services is connecting its Midwest markets with the West Coast by acquiring Bullet Freight Systems and its logistics unit, Caliber Logistics.

Smaller logistics operators and freight brokers outperformed their larger counterparts in the third quarter, but a less-than-robust recovery is squeezing profit margins at all 3PLs, said the Transport