Freight revenue and volume grew single digits year-over-year in the second quarter, but margins shrunk during the same period because spot market rates were higher than mid-2016, according to the Transportation Intermediaries Association’s quarterly 3PL Market Report.
September 20, 2017Business, Logistics
Brokers Move More Truckload Freight in Second Quarter
Government, Business, Technology, Equipment
Technology, ELDs Present Opportunities for 3PLs to Grow, Voltmann Says
Embracing technology is the next natural step in the evolution of third-party logistic companies, according to Robert Voltmann, president of the Transportation Intermediaries Association.
September 19, 2017Business
1Q Shipments Up, Margins Shrink; Contract Rates Weaken, TIA Says
Freight brokers reported that shipments and revenue increased in the first quarter compared with a year ago, but margins declined due to a tight pricing environment, according to the Transportation Intermediaries Association.
May 29, 2017Business
3PLs Tout Technology as Tool to Build Relationships in Supply Chain
LAS VEGAS — As technology makes communication easier and provides real-time data quickly, third-party logistics providers are emphasizing the need to use the information to build stronger relationships with shippers and motor carriers, according to panelists at the 2017 Transportation Intermediaries Association Capital Ideas Conference.
April 11, 2017Business
England Logistics President Beardall Begins Tenure as TIA Chairman
LAS VEGAS — England Logistics President Jason Beardall has officially begun his tenure as chairman of the Transportation Intermediaries Association, following the 2017 TIA Capital Ideas Conference.
April 11, 2017Business
TIA Honors Five for Industry Contribution
LAS VEGAS — The Transportation Intermediaries Association honored five people for their contributions to transportation and logistics and the larger community at its conference on April 7.
April 10, 2017Business
TIA Says Loads, Revenue Up on Truckload, Intermodal Strength
Freight shipments increased 9.2% in the fourth quarter year-over-year, and 3.7% sequentially, as truckload capacity tightened, intermodal activity picked up and less-than-truckload business remained flat, according to the Transportation Intermediaries Association and industry executives.
March 6, 2017Business
Profit Margins Improve Year-Over-Year in Second Quarter, TIA Report Shows
The Transportation Intermediaries Association has released a second-quarter report that shows improved profit margins year-over-year and a slight decline from the quarter.
August 26, 2016Business
Use of Technology, Faster Deliveries Offer 3PLs Path to Grow, TIA Says
SAN ANTONIO — Despite a number of continued regulatory concerns, freight brokers and logistics companies have the ability to expand their businesses through better use of technology and by participating in the growing demand for faster delivery of goods purchased online, officials of the Transportation Intermediaries Association said.
April 18, 2016Business
Technology, Speed Key to Business Growth, Say TIA Leaders
SAN ANTONIO — Despite a number of continued regulatory concerns, freight brokers and logistics companies have the ability to expand their businesses through better use of technology and by participating in the growing demand for faster delivery of goods purchased online, said officials of the Transportation Intermediaries Association.
April 13, 2016