Third-party logistics firms capitalized on stronger demand to transport freight this summer but spent more to purchase trucks, resulting in what Wall Street analysts predict will be a mixed-earnings season.
Category: News
New Report Projects $1.1 Trillion Market for Global Logistics Services in 2022
Global spending on third-party logistics services is projected to top $1.1 trillion in 2022 from $802 billion in 2016, according to new estimates by Armstrong & Associates Inc.
VW to Roll Out Electric Trucks, Buses in $1.7 Billion Project
Volkswagen AG is flanking its push into electric cars with plans to roll out battery-powered commercial vehicles targeted at urban areas as growing public concerns about air quality boost demand.
Ryder acquires Dallas Service Center
Ryder noted acquisition expands fleet maintenance network and adds new body repair capabilities.
Ryder System announced it has completed the acquisition of all outstanding…
Ryder acquires Dallas Service Center
Ryder noted acquisition expands fleet maintenance network and adds new body repair capabilities.
Ryder System announced it has completed the acquisition of all outstanding…
VIDEO: XPO Logistics Rings the Opening Bell
Watch the No. 3 carrier in the for-hire TT100 ring the opening bell at the New York Stock Exchange.
PacLease: Truck rental market shows 20% growth
Upward trend over past 4 months spurred by economic confidence, PacLease notes.
The heavy and medium-duty truck rental market is running on all cylinders with rental utili…
PacLease: Truck rental market shows 20% growth
Upward trend over past 4 months spurred by economic confidence, PacLease notes.
The heavy and medium-duty truck rental market is running on all cylinders with rental utili…
Allison unveils xFE models for its 1000 Series and 2000 Series
Allison Transmission announced availability of its latest fuel economy technology for its 1000 Series and 2000 Series. Referred to as xFE, designating extra fuel economy, the fully automatic bus and truck transmissions have demonstrated improvements …
Allison unveils xFE models for its 1000 Series and 2000 Series
Allison Transmission announced availability of its latest fuel economy technology for its 1000 Series and 2000 Series. Referred to as xFE, designating extra fuel economy, the fully automatic bus and truck transmissions have demonstrated improvements …