2017’s Top 25 Less Than Truckload Companies

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Growth and Profitability for Nearly all Members of Logistics Management’s Top 50 It’s this combination of growth and profitability that nearly all members of Logistics Management’s Top 50 strive for in the dog-eat-dog, pennies-on-the-dollar, deregulated trucking environment. All the Right Moves After years of delaying capital expenditures or minimizing expansion plans, top trucking companies are loosening their purse strings in …

2017’s Top 25 Full Trailer Trucking Companies

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Full Trailer Trucking Sector at Risk from Shortage of 50,000 Drivers Until last year, LTL carriers were largely immune from the driver shortage that’s plaguing growth in the truckload (TL) sector. The American Trucking Associations (ATA) estimated that the industry is short about 50,000 drivers right now, with some of those shortages in the LTL sphere. In the TL sector, sign-on …

Will Trump’s New Tariff Strategy Send Ripples to the Ocean Carriers?

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When assessing the current and future state of United States-bound retailer container shipments, there is a short-term outlook and a long-term outlook, based on the findings and takeaways of the Port Tracker report issued by the National Retail Federation (NRF) The short-term: focus has to do with the timing of the Lunar New Year, which ran from February 16 to …

Is the Truck Load Industry Looking at More Merges, Like Ocean Freight?

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The biggest truckload carrier in the United States is growing by 400 trucks with a tuck-in acquisition that it says will immediately add $100 million in revenue and, just as importantly, 400 drivers to its fleet operations. Phoenix-based Knight-Swift Transportation says it is buying Richmond, Va.-based Abilene Motor Express for an undisclosed amount. It’s the first expansion since Knight Transportation …

Is There a New US Based Parcel Service Being Born in Front of Our Eyes?

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Pitney Bowes Inc. took a big leap into the U.S. parcel shipping market by acquiring privately held Newgistics Inc., a provider of reverse and forward parcel shipping services, for about $475 million. The transaction, which has been the subject of industry rumors for several months, will merge Pitney’s formidable IT capabilities with Newgistics’ physical distribution network, which processes 100 million …

Is Nearshoring the Best Option for Your Company?

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Offshoring – Outsourcing was the trend at the turn of the century. However, recent trending is pointing to a more close to home solution – Nearshoring. So, which one of these two options is a better choice for your business? Each solution is not as cut and dry as you may think and should be carefully considered depending on your …

Is the CSX Announcement to Impose Hefty Fees on some Rail Customers in 2018 Justifiable?

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Reuters reported that CSX Corp will charge new fees for freight shipments to Mexico and hike charges for customers that fail to load or discharge railcars by agreed deadlines or ship unsafely loaded or overweight railcars as of Jan. 1, the company said. Is this justifiable? Is this just another carrier imposing rate hikes? CSX wants to change shipper behavior …

CPC Predictions for 2018

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Predictions for US Trucking, Parcel, Ocean Freight, and Air Freight Overall: The economy and the stock market are high flying in 2017. Also, there is global unrest as we end this year. US Truck drivers are aging, but some trucking companies are addressing this head on with their own truck driving academies vocational professions to costly 4 year degrees. Amazon …

Will there be Major Changes with the LTL Market?

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The LTL market has regained its health. Carriers are applying pricing discipline and resist the urge to expand capacity beyond fulfilling immediate shipper needs.The top three spots include FedEx Fright, XPO Logistics and Old Dominion, all non-unionized carriers. All three have seen a slight improvement in Operating Revenue ratios and increased earnings. The three carriers have forecasted improved forward earnings, …

2018 UPS, FedEx Parcel Rates Increase

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How much more will you pay? Rates rising anywhere from 2% to 13% FedEx and UPS announced their 2018 parcel rates effective January 1, 2018.  The range of increases within weight breaks and zones rose anywhere from 2% to 13%.  CPC has analyzed the impacts of the 2018 UPS rates and Fedex rates and has developed a tool to analyze any …