C.H. Robinson smashes estimates, takes advantage of constrained environment
Biesterfeld expects the capacity-constrained environment to continue.
Want to know more about a specific logistics company? Find the latest news written by our award winning FreightWaves editorial staff.
Biesterfeld expects the capacity-constrained environment to continue.
SPS Commerce is collaborating with C.H. Robinson to open up new LTL capacity to retailers in need of space to move goods this holiday season.
ArcBest’s acquisition of truckload broker MoLo Solutions accompanies an announcement of strong third-quarter results for its LTL segment.
ArcBest announced after the close Wednesday it has entered into an agreement to acquire Chicago-based truckload broker MoLo.
Since we compete, as a policy, we no longer cover anything (good or bad) about DAT. They only get a passing comment if they are involved in an external news item where they are not directly related.
ArcBest said Wednesday an August tonnage decline in its asset-based segment was done intentionally so that it could better service its core less-than-truckload customers.
C.H. Robinson announces a drayage surcharge at most of the nation’s biggest container ports as international drayage carriers have implemented congestion fees.
Temperature-controlled warehouse operator Americold pulled in its 2021 outlook, citing labor-related food manufacturing limitations within its customer base.
The company’s earnings per share tripled the prior-year results due to strong demand, favorable comparisons with 2020’s second quarter.
Robinson CEO Bob Biesterfeld said the truckload market will stay hot through 2021.
Navigating the logistics of time-sensitive, specialized renewable energy projects is no walk in the park when capacity constraints and port congestion are at play.
The broker seeks relief in a preemption battle by casting the 9th U.S. Circuit Court of Appeals in a rogue light.
Danny Loe makes a return appearance on Point of Sale with Andrew Cox to talk about the current freight market.
Cold storage facility operator Americold said food manufacturers are “failing to meet the needs of retailers” as COVID-related production shutdowns have drawn down food stocks. The impacts from lower inventories and throughput were seen in the company’s first-quarter report.
ArcBest points to the current “robust demand” environment as supportive of raising equipment spending in 2022.
Logistics provider ArcBest Corp. posted first-quarter results well ahead of analysts’ expectations Tuesday.
Robinson highlighted improving productivity metrics.
Logistics provider ArcBest Corp. reported that the positive trends in its asset-based segment during January were derailed by poor weather in February. Overall, less-than-truckload fundamentals “remain generally positive,” according to one analyst.
Cold storage operator Americold saw occupancy dip year-over-year during the fourth quarter as food manufacturers struggled to keep proteins in stock.
A Canadian National freight train derailed at an intersection with a West Chicago commuter line. Service remained disrupted early Monday afternoon.