Ryder System Inc. is developing an Airbnb-like marketplace for transportation assets that puts idle commercial vehicles in the hands of users looking to affordably expand capacity.
Uber Technologies Inc. is facing a problem trying to break into the freight market that’s rarely an issue in its ride-hailing expansion: a shortage of drivers.
Trucking companies newly flush with cash are stepping up strategies to grow through acquisitions, but they’re finding new challenges in financial reporting along the road.
General Mills Inc. suffered the worst plunge since mid-2015 after shipping costs and other expenses squeezed profit margins to their thinnest point in years.
The ability to reduce risk for companies that use 3PLs can be narrowed down to the type of relationship that exists between the two parties. Typically, companies opt for a "vendorship," in which they simply purchase a service at an optimal price. Ideally, they should have a partnership with their 3PL providing them a seat at the table where the company's strategy is developed. -Daniel Sears, Senior Consultant, Tompkins International
Deutsche Post AG’s DHL business is tiptoeing back into the domestic parcel delivery in the U.S., drawn in by the strong growth in e-commerce to bring new competition to a market that’s been dominated by United Parcel Service Inc. and FedEx Corp. for a decade.
Three years ago, Ford Motor made a daring gamble when it started selling a new version of its F-150 pickup truck made mainly of aluminum rather than steel.
The latest news, analysis, services and systems regarding truckload and less-than-truckload (LTL) services and their impact on supply chains. Today’s companies are transporting and delivering perishables and manufactured goods in a more timely and efficient manner than ever before through truckload and LTL solutions. New technologies that provide information during ground shipments are transforming the way companies do business - and allowing them to stay ahead of the competition in their industries. As these services continue to evolve, businesses are discovering new ways to increase efficiency and cut costs. Learn how companies are using truckload and LTL solutions to power their supply chains.
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