Trucking industry - Articles - Page 4

Coyote Logistics to Become UPS Asset

August 4, 2015

UPS has entered into a definitive purchase agreement to acquire Coyote Logistics, a technology-driven, non-asset based truckload freight brokerage company for $1.8bn from Warburg Pincus.

Canadian Ground Transportation Increases in Cost Between April and May

July 31, 2015

Nulogx

Results published by the Canadian General Freight Index (CGFI) indicate that the total cost of ground transportation for Canadian shippers increased by 0.3 percent in May when compared with April results.

Natural Gas Stations Predicted to Reach Almost 39,000 Over Next 10 Years

July 30, 2015

Navigant Research

The total number of global natural gas refueling stations is expected to grow from 23,001 in 2015 to 38,887 in 2025, according to a Navigant Research report.

May Shippers Index Reflects Manageable Capacity Utilization

July 27, 2015

FTR

FTR's Shippers Conditions Index (SCI) for May, at -3.1, reflects the current manageable capacity utilization, which is expected to remain in place through 2015. As a result of improved capacity and low fuel prices, shippers are getting a welcome respite from rate increases. This environment should be maintained throughout the year. However, conditions affecting shippers will deteriorate in 2016 as the pressure from expected new regulations will put a significant drag on capacity.

The World Relies on Trade - and Trade Relies on Transportation Management

July 23, 2015

ChainLink Research

The Transportation Software market is a large and varied market. Most researchers understate the size of this market since they focus on a few big and well-defined companies. However, there are hundreds of software and content firms in the transportation market. And amazingly, more entrants all the time.

Transportation Industry Triples Its Use of TMS

July 22, 2015

InMotion Global

Use of transportation management systems has more than tripled in the last 10 years, according to a survey of 1000 transportation professionals by InMotion Global, provider of the AscendTMS.

UK Logistics Network Requires Much More Government Investment, Trade Group Says

July 10, 2015

BIFA

The British International Freight Association is calling for greater investment in the UK's logistics network.

Business Continues to Grow for Third-party Logistics Companies

July 1, 2015

Wall Street Journal

Revenues for U.S. 3PLs, which provide services ranging from booking truck drivers to managing warehouses, rose 7.4 percent to $157.2bn last year, faster than the 2.8 percent growth in logistics spending overall, according to the Council of Supply Chain Management Professionals, which recently released its annual State of Logistics report.

Supply Chain, Logistics World Found 2014 Best Year Since the Great Recession, Report Says

June 29, 2015

CSCMP, Penske Logistics

In 2014, the supply chain industry experienced its best year since the Great Recession, according to the State of the Logistics Report issued annually by the Council of Supply Chain Management Professionals and sponsored by Penske Logistics.

Heavy-Medium-duty Truck Market in China Lags in Sales Compared to Those a Year Ago

June 26, 2015

ACT Research

China's heavy and medium truck and tractor markets remained soft in the first quarter of 2015. Total sales (domestic and export) were just over 135,000 heavy trucks and tractors in Q1'15, compared to approximately 162,000 units sold in Q4'14, a decline of more than 33 percent year over year and 16 percent quarter over quarter. This was reported in the most recent China Commercial Vehicle Outlook, jointly published quarterly by ACT and China's State Information Center (SIC). The Outlook includes an overview of the China economy and a review and forecast of China's heavy and medium-duty truck and bus markets, as well as analysis of OEM market shares within China.