Truck brokers

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

Freight volume in trucking’s spot market rose 10 percent in October, said TransCore, which reported the first year-over-year increase this year in the TransCore Freight Index.

Truckload carrier Werner Enterprises earned a profit of $18.99 million on revenue of $429.3 million in the third quarter.

Landstar System suffered a 38.7 percent decline in net profit in the third quarter, to $20.1 million, on a sharp drop in shipping demand across its trucking and brokerage businesses, the truckload ope

The Evans Network of Companies acquired the container drayage, domestic truckload and brokerage assets of two southeastern U.S.

Surface transportation should show modest growth through 2010 and then take off strongly in 2011 with double-digit growth in volume, a Schneider Logistics executive said Tuesday.

Echo Global Logistics, which has grown into a $200 million company in less than five years, launched an initial public offering Friday expected to bring nearly $80 million to the third-party logistics

Truck tonnage climbed for the second month in a row in August, boosting the American Trucking Associations’ advance seasonally adjusted For-Hire Truck Tonnage Index another 2.1 percent over a si

Kenny Nova joined Aljex Software as vice president, corporate development.

A man and his two sons are facing federal fraud charges in Pennsylvania for allegedly setting up a phony truck brokerage scheme that duped companies out of more than $1 million.

Nicholas Lakes and Viacheslav Berkovich used home computers, multiple cell phones, dozens of aliases and a web of false companies to cheat hundreds of victims in the trucking industry out of millions

The case of two Los Angeles-area transportation con men had all the elements of a movie thriller except a Hollywood ending — at least for the scammers.

The second of two California men who used information gleaned from federal Web sites to con trucking companies and brokers out of $2.7 million was sent to prison Aug. 10.

The volume of freight available for truckers surged 33 percent in June, far outstripping the normal seasonal increase of up to 12 percent, according to TransCore’s Freight Index.

Motor carriers doing business with the Defense Department through owner-operators must pass on any fuel surcharges under an interim rule that took effect July 29.

Non asset-based transportation holding company Circumference America consolidated operations and sold its intermodal division, Radius Rail Logistics.

Canadian trucking and oilfield services company the Mullen Group earned a profit of $17.8 million on revenue of $202.7 million in the second quarter.

Truckload carrier Heartland Express defied the economic downturn with a 2 percent boost in net profit in the second quarter, but the carrier said July 14 it sees little improvement in the economy and

Maersk Line will launch a nationwide chassis pool, pushing forward the evolution of the U.S. intermodal industry.

Chicago-based Echo Global Logistics acquired Raytrans Distribution Services in a combination the companies say will merge size with technology.

TNT, providers of express and mail delivery services, launched the first-to-market and only integrated road network across South America, linking Argentina, Brazil and Chile.

The American Trucking Associations will support legislation limiting tolls on federal highways while the Obama administration is keeping tolling on the table as a way to pay for maintaining and upgrad

Truck tonnage in the United States fell at its sharpest rate in 13 years in April as an apparent inventory correction hit in the midst of the lowest point yet for demand during the recession.

Profit at Express-1 Expedited Solutions fell 99 percent to $5,000 in the first quarter as a result of falling surcharge revenue and excess capacity.

Forced to take a large write-down of “goodwill” as business weakened, intermodal provider Pacer International posted a net loss of $177.4 million for the first quarter and warned it might

Hub Group profits in the first quarter plunged 52.6 percent to $6.2 million as volumes decreased and costs remained high.

North American trucking and logistics firm Vitran reported a net loss of $2.4 million on revenue of $139.6 million for the quarter ended March 31, 2009.

C.H. Robinson’s net income decreased 1.1 percent to $85.4 million in the first quarter as its non-asset based business model helped offset weak demand and highly competitive truck rates.

Landstar System's net profit fell 41.4 percent and revenue declined 22.9 percent in the first quarter as slack demand for truck capacity staggered the non-asset based trucking and brokerage comp

Truck brokers tapping the $160 billion 3PL market appear to be adjusting to and recovering from overcapacity and scarce freight faster than their customers.

Third party logistics provider C.H.

Revenue for third-party logistics providers dropped by 6.7 percent during the first quarter of 2009 compared with the first quarter of last year, according to a survey by Armstrong & Associates.

If there's a recession out there it's not taking place in the ballroom of the Grand Hyatt Downtown San Antonio.

Big shippers with plenty of pricing power are favoring third party logistics providers with heavy assets behind their name.

While carriers and shippers see a transportation landscape littered with empty trailers, shuttered carrier offices, parked trucks and idled ships, freight brokers see opportunities.

AutoInfo’s profits increased 38 percent to $2.2 million on revenue of $180.2 million in 2008 despite declining revenue in the fourth quarter due to the weakening economy.

Where some see a transportation landscape littered with empty trailers, shuttered carrier offices and parked trucks and ships, others see opportunities.

Freight tonnage will grow more than 26 percent and freight revenue by 68 percent by 2020, according to a study sponsored by the American Trucking Associations.

North American LTL carrier Estes Express Lines expanded its Mexico service with the launch of a third-party logistics subsidiary, Estes Logística.

Private investment firm Centerbridge Partners completed its purchase of Greatwide Logistics Service in a restructuring that's expected to reduce the debt of the $1 billion logistics company by $478 mi