Kenan Advantage Group Owner Omers Exploring IPO
Omers Private Equity is exploring an initial public offering of Kenan Advantage Group, one of North America’s biggest tank truck transporter and logistics providers, according to sources.
April 12, 2024Infographic: Ryder’s Foundation for a Successful Freight Brokerage
Globally, supply chains are facing unprecedented levels of disruption. As a result, shippers and carriers are challenged more than ever to keep goods moving while remaining profitable. While most brokerages point to technology as the key to achieving success, today’s setbacks have proven that technology alone isn’t enough.
Logistics Market Faces Challenges Across Segments in 2023
Across the major logistics market segments, 2023 brought a spate of challenges including compressed margins, rising labor costs and inflationary pressures, ensuring a down year for many.
April 12, 2024A Year to Forget for Third-Party Logistics Providers
2023 was a generally downtrodden year for 3PLs, with plummeting transportation rates and shippers focused on right-sizing inventories and reducing logistics costs.
April 12, 2024Amazon Takes No. 1 Spot on Top 100 Logistics List
A freight market recession, compressed broker margins and major acquisitions in 2023 have markedly altered the landscape of North America’s largest third-party logistics providers.
April 12, 2024When Will Freight Market Conditions Improve?
Stubbornly weak freight market conditions have placed financial strain on 3PLs in recent years with an oversupply of truck capacity driving down rates and squeezing brokers’ margins.
April 12, 2024About Us: Transport Topics' Top 100 Logistics Companies
The Transport Topics’ Top 100 Logistics Companies is a listing of the largest logistics companies in North America.
April 12, 2024Interactive Map: Where the 2024 Top 100 Logistics Companies Are in North America
Find out where the 2024 Top 100 Logistics Companies are located by regions and by state in North America with our interactive map.
April 12, 20243PLs Persevere Through Down Freight Market, TIA Leaders Say
PHOENIX — Third-party logistics providers have persevered through a tough freight market while taking action to stem a rising tide of fraud, 3PL industry leaders said.
April 12, 2024Update: Norfolk Southern to Pay $600M Settlement Over Derailment
Norfolk Southern has agreed to pay $600 million in a class-action lawsuit settlement related to a fiery train derailment in February 2023.
April 11, 2024Spot Market Rebalance Slows Amid Volatile Capacity
The spot market is struggling to rebalance as the rate of carriers exiting has slowed despite sluggish demand.
April 11, 2024