Logistics real estate operator Prologis beat first-quarter estimates and raised its outlook for the year. The company sees no near-term loosening in warehousing markets.

Logistics real estate heavyweight Prologis beat first-quarter expectations and raised full-year 2022 guidance on Tuesday.

On its first-quarter call with analysts, management from J.B. Hunt said demand indications from customers have been strong. The path is likely not as easy for smaller players in the space.

J.B. Hunt Transport Services reported first-quarter results well ahead of analysts’ forecasts Monday after the market closed.

El primer trimestre supera con creces las previsiones

Cowen analyst lowers earnings estimates for truckers as data showing a loosening market mounts.

La adquisición de la unidad intermodal completa el puzzle de la empresa de logística en contenedores de Chicago

STG Logistics has made nearly a dozen acquisitions over the last five-plus years. However, its latest deal for XPO’s intermodal unit is its most transformative yet.

Daniel Schilling, VP at carrier Fraley & Schilling, talks with FreightWaves’ Joe Antoshak about flatbed driver recruiting at the Enterprise Fleet Summit.

March data from Cass shows a deceleration in shipment growth and a higher chance of a freight recession, although “it is too early to call.”

Concerns on declining demand and falling freight rates prompted Bank of America to issue ratings downgrades for multiple transportation stocks.

More inventory requires more space. Real estate services firm JLL sees space in short supply alongside heightened rents through 2023.

Old Dominion said Tuesday it has already added capacity at seven locations in its network. The recent expansions trend ahead of its 2022 guidance, which called for growth at eight to 10 terminals.

Se ha completado el primer paso para crear un LTL puro

XPO Logistics announced it has sold its intermodal business to STG Logistics for $710 million in cash. This was a crucial first step on the path to becoming a stand-alone less-than-truckload company.

Financial technology platform Outgo emerges from stealth with a vertical banking solution that automates bookkeeping functions for carriers.

AskWaves looks at dynamic pricing and how it fits into an increasingly automated LTL complex.

Reports link Prologis as a suitor of Blackstone’s last-mile network in Europe.

Higher diesel prices also mean higher costs for empty miles.

FreightWaves’ Kevin Hill joins author and sales guru David Hoffeld to chat winning sales strategies at FreightWaves’ 3PL Summit.

J.B. Hunt announced plans to expand its intermodal container count to 150,000 units in efforts “to substantially improve capacity” as part of a joint initiative with BNSF Railway.

Less-than-truckload carrier Roadrunner announced new incentives and an increased pay package for drivers.

Less-than-truckload carrier A. Duie Pyle announced Tuesday that its Northeast and Mid-Atlantic footprint now stretches south to Virginia.

The Cass Freight Index recovered some of the January volume decline tied to omicron absenteeism throughout the supply chain.

Cold storage operator Lineage Logistics announced the acquisition of MTC Logistics and its four facilities Thursday.

Yellow Corp. announced it has reached a settlement with the Defense Department, which claimed it was overcharged by the less-than-truckload carrier for years.

A Wednesday update from less-than-truckload carrier Yellow Corp. showed volume trends worsened in February on what was supposed to be an easy year-over-year comp.

El descenso del 27% se agrava respecto a enero; otros transportistas registran ganancias

AFS Logistics announced Tuesday the acquisition of DTA Services.

A report from logistics real estate operator Prologis downplays the number of office buildings that can be repurposed to industrial use.

ArcBest reported Friday that the favorable revenue trends logged in the fourth quarter have continued through the first two months of the first quarter.

Los resultados impresionan incluso después de eliminar los
vientos de cola

First-quarter updates from Old Dominion and Saia show LTL carriers are off to another strong start.

A group of carriers and logistics providers has formed to raise money for the people of Ukraine.

Profesionales del transporte y la logística para Ucrania aportan 300.000 dólares en 72 horas

Growing e-commerce demand is likely to require higher inventories for timely fulfillment. That means a congested supply chain could become the new norm.

Less-than-truckload carrier Dayton Freight Lines announced plans to acquire Valley Companies’ cartage operations.

Contract logistics giant GXO announced Monday it has officially made a bid for Clipper Logistics.

Contract logistics giant GXO sees numerous growth opportunities for years to come.

Management from cold storage warehouse operator Americold addresses concerns about decelerating trends and a soft 2022 outlook.

Truckload carriers continue to pay up for drivers. Dry van carrier Cargo Transporters announced another increase to its pay package.

Temperature- and time-sensitive 3PLs join forces in the brokerage industry’s latest deal. Direct Connect Logistix announced Monday it has acquired Performance Logistics.

GXO Logistics announced it has worked out the details of a $1.3 billion acquisition of Clipper Logistics.

AskWaves looks into the growing amount of shipment detail needed when submitting an RFP.

El acuerdo forma uno de los mayores transportistas
frigoríficos de Estados Unidos

Refrigerated carrier Hirschbach announced the acquisition of John Christner Trucking. The combination will form one of the nation’s largest temperature-controlled fleets.

Hedge fund manager Seth Holm chats with FreightWaves’ Kevin Hill about the outlook for transportation stocks during Global Supply Chain Week.

U.S. Xpress expects freight demand to stay strong in the first half of 2022. The trajectory from there could hinge on inflation.

Digital broker Transfix posted record results for 2021. The company’s public listing is on track for the second quarter.

Logistics real estate owner and operator Prologis Inc. announced the retirement of its CFO effective April 1.

Management from Radiant Logistics said it has several levers at its disposal to boost the company’s valuation.

The Cass Freight Index sags in January on a rise in COVID cases, but the dataset appears poised again for strong growth in 2022.

Lars Jensen talks about headwinds facing global shipping in 2022 with FreightWaves’ Kevin Hill at Global Supply Chain Week.

Universal Logistics inks a record year despite challenges. Implied 2022 earnings guidance surprises to the upside by 20%.

A Thursday report from logistics real estate investment trust Prologis shows market rents grew at the fastest pace recorded during 2021.

Forward Air head Tom Schmitt was bullish about the company’s prospects on a call with analysts Thursday. Forward is already on track to achieve recently issued 2023 targets ahead of schedule.

A.P. Moller – Maersk announced the $1.8 billion acquisition of U.S. forwarder Pilot Freight Services. The deal is the company’s latest move in building out a land-based logistics network.

Less-than-truckload carrier Yellow Corp. adds two driver academies as part of a plan to train 1,000 drivers in 2022.

Werner Enterprises beat fourth-quarter expectations and announced plans to grow revenue by 10% on average over the next five years.

Midwest Carriers y CFI son los últimos en subir el sueldo

Nearly a year and a half into a tight truck market and carriers continue to raise driver wages. Midwest Carriers and CFI are the latest to announce increases.

Schneider provided a better-than-expected earnings outlook for 2022 on Thursday. The company also raised margin targets in two key segments.

Truckload carriers have been raising pay for 18 months now to meet heightened demand. But when this trucking cycle cools, don’t expect wages to follow in lockstep.

Less-than-truckload carrier Yellow Corp. reported better-than-expected adjusted fourth-quarter results Wednesday after the market closed.

RLS Logistics builds out its national cold storage network with two acquisitions.

Less-than-truckload carrier Old Dominion raised its long-term margin target when it released better-than-expected fourth-quarter earnings Wednesday.

Bottlenecks and a lack of transportation capacity led many retailers to order extra merchandise in the fall. Inventories are now piling up at points along the supply chain for some companies because they still can’t find the transportation to move the goods, a supply chain survey finds.

ArcBest raised long-term expectations Tuesday in conjunction with its fourth-quarter results, which were better than expected. The company now eyes doubling its size by 2025.

ArcBest on Tuesday reported fourth-quarter results, which once again outpaced analysts’ expectations.

La última adquisición en la recta final acerca a la división a 1 billón de dólares de ganancias

J.B. Hunt Transport acquires less-than-truckload furniture carrier Zenith Freight Lines from Bassett Furniture.

Freight broker Landstar closes 2021 with another beat-and-raise quarter. Demand has yet to buck normal seasonal trends, indicating the first quarter will be strong as well.

Knight-Swift Transportation reported another big quarterly result Wednesday. However, it appears the stretch of rapid growth will moderate as the comps have stiffened.

Less-than-truckload carrier Saia announced a 7.5% general rate increase Tuesday. The carrier was the latest to announce rate hikes greater than the normal mid-single-digit increases.

Management from the nation’s largest flatbed operator, Daseke, says the demand backlog extends for “the foreseeable future.”

Heartland Express announced 2021 was its best year since going public. Fourth-quarter results were in line with consensus.

P.A.M. Transportation Services finished 2021 on a high note, posting another large earnings beat during the fourth quarter.

Los retrasos en la entrega de equipos aumentan la edad de la flota

Prologis provided better-than-expected 2022 guidance on Wednesday, citing the expectation that demand will continue to outpace logistics real estate additions during the year.

FreightWaves’ Kevin Hill chats with SandTable founder Michael Fullam about his recent brokerage launch during the Sales & Marketing Summit.

ArcBest announced a $25 million investment in a software company that provides remote operation of forklifts and trucks.

Logistics real estate investment trust Prologis issued 2022 guidance ahead of expectations on Wednesday.

J.B. Hunt Transport Services beat fourth-quarter expectations. Visibility into 2022 remains murky but management is calling for continued growth.

J.B. Hunt’s fourth quarter comes in ahead of consensus as the intermodal, brokerage and truckload divisions see notable year-over-year improvements.

Hasta un 33% de aumento por milla para los conductores de la compañía en carretera

KLLM Transport Services is the latest carrier to announce a historic pay increase for drivers.

Los expertos opinan sobre sus predicciones para el nuevo año

December data from Cass Information Systems shows freight shipments and expenditures continued a surge to close 2021.

Following numerous transportation and logistics deals in 2021, industry insiders discuss lofty expectations for 2022.

Port X Logistics adds warehousing and transportation provider Denver Express to its portfolio.

La última adquisición amplía la presencia en el Medio Oriente y añade más de 1.000 tráilers

Intermodal trucking company RoadOne adds dedicated carrier EHS Trucking to its network. The deal marks its ninth acquisition in the last five years.

Supply chain visibility provider project44 sees record top-line growth during the fourth quarter, with bookings, account wins and retention coming in better than expected.

Los conductores de camiones de plataforma y de carretera
verán 70 centavos por milla

Lawrence Freight said its latest pay hike for company drivers will move annual wages to roughly $90,000 in 2022.

December supply chain numbers again show “significant expansion.” The Logistics Managers’ Index report questions whether retailers ordered too much for the holidays.

Schneider became the latest truckload carrier to bolt on a fleet. The company announced Tuesday the $263 million acquisition of dedicated carrier Midwest Logistics Systems.

Freight broker Trinity Logistics announced Monday it has acquired Team Eagle Logistics.

AskWaves looks at the impact general rate increases have on less-than-truckload rates.

Los transportadores que modificaron su identidad a través de fusiones y adquisiciones en el último año