Government, Business, Logistics

Intermodal, 3PL Outlook Remains Strong

A container is loaded onto a Road One truck RoadOne

LONG BEACH, Calif. — The intermodal and third-party logistics industries are experiencing growth that is running parallel to the strength of the economy.

Mindy Long | Special to Transport Topics
September 20, 2018

3PLs Enjoy Solid 4Q Revenues

Third-party logistics firms saw total shipments rise in the fourth quarter of 2017, sending revenue and invoice amount-per shipment values jumping, but not enough to improve profits, according to the 3PL Market Report from the Transportation Intermediaries Association.

Burney Simpson | Staff Reporter
April 11, 2018

Sunset Transportation Buys Snowland

St. Louis-based Sunset Transportation purchased Snowland Freight Services, adding Snowland’s branches in Green Bay, Wis., and St. Paul, Minn., to its four locations.

Dan Ronan | Senior Reporter
February 12, 2018
Business, Logistics

Retailers Balance Post-Holiday Returns Between In-Store and 3PL Options

Returns Gunnar Rathbun/AP Images

In November and December, online shoppers surfed their favorite websites and sent holiday gifts to the front doors of homes nationwide. In January, the last-mile supply chain shifts in reverse as Americans return the items they don’t like.

Ari Ashe | Staff Reporter
December 26, 2017
Business, Logistics

Revenues Rise in 3Q for 3PLs as Shipments Jump

The third quarter saw a rise in freight shipments and revenues for logistics brokers compared with the same period a year ago, but profit margins fell 40 basis points due to cost increases in the spot market for trucks, according to the Transportation Intermediaries Association’s quarterly 3PL Market Report.

Burney Simpson | Staff Reporter
December 6, 2017
Business, Logistics

Becker Logistics Buys Savage Logistics

Third-party logistics firm Becker Logistics purchased Savage Logistics, the freight brokerage division of Savage Cos., with the goal of expanding Becker’s geographic reach, building its core product services, and growing annual revenue.

November 27, 2017
Business, Technology, Logistics, Autonomous, Perspective

Opinion: Emerging Evolution of Freight Brokerage

Freight and logistics always have depended on the human touch, but technology is getting smarter and many brokers wonder if their efforts will become unnecessary.

Brent Hollingsead | Marketing Director, Aljex Software Inc.
November 3, 2017
Business, Logistics

Surveys Continue to Find Gaps in Logistics Technology and Service Capabilities

TT File Photo

New studies show that while progress is being made by third-party logistics providers to meet shippers’ desire for increased visibility of shipments, greater automation and faster response to supply chain disruptions, major gaps still exist in how technology is used and the extent to which shippers and 3PLs collaborate with transportation service providers to extract benefits from data analysis.

September 27, 2017
Business, Logistics

Brokers Move More Truckload Freight in Second Quarter

Cowan Logistics brokerage office Cowan Logistics brokerage office (Ari Ashe/Transport Topics)

Freight revenue and volume grew single digits year-over-year in the second quarter, but margins shrunk during the same period because spot market rates were higher than mid-2016, according to the Transportation Intermediaries Association’s quarterly 3PL Market Report.

Ari Ashe | Staff Reporter
September 20, 2017
Business, Logistics

LTL Sector Enjoys Fruitful 2017

Stifel John Larkin Stifel analyst Larkin (Roger W. Gilroy/Ttransport Topics)

Indications are that the truckload market is bouncing back from some rough conditions earlier this year, according to industry analysts at Stifel, Nicolaus & Co.

Ari Ashe | Staff Reporter
September 12, 2017