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A freight market recession, compressed broker margins and major acquisitions in 2023 have markedly altered the landscape of North America’s largest third-party logistics providers.

Stubbornly weak freight market conditions have placed financial strain on 3PLs in recent years with an oversupply of truck capacity driving down rates and squeezing brokers’ margins.

Wallenius Wilhelmsen ASA, one of the largest car shipping companies, said it expects a $5 million to $10 million hit to its earnings from the Baltimore bridge disaster.

U.S. ports experienced overall increases in container volumes year-over-year in February to extend a strong start to the year.

Ontario has opened a new commercial vehicle inspection station for trucks traveling westbound on Highway 11/17, a primary Trans-Canada Highway route, into the Port of Thunder Bay.

Uber Freight has scaled up its drop-and-hook capacity solution nationally with new freight network optimization capabilities, the company announced March 21.

WASHINGTON — A new report compiled for the American Association of Port Authorities shows that ports and the maritime industry played a critical role in economic growth last year.

When the next shipment of Lime electric bikes or scooters arrives at the Port of Los Angeles this month, it will be delivered to a distribution center on an electric truck.

Texas Trucking Association has been helping firefighters get truck tires to battle wildfires that have burned more than 1 million acres in the rural Panhandle.

Self-driving vehicle company Forterra and cargo-handling equipment manufacturer Kalmar have signed an agreement to jointly develop autonomous terminal tractors.