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Industry Insights

Wagers, XPO’s COO, leaves company after position is eliminated

Mark Solomon, Managing Editor, Markets

Transport and logistics provider XPO Logistics, Inc. (NYSE:XPO) said late today that it has parted ways with Kenneth Wagers, its chief operating officer (COO), after eliminating his position. READ MORE

In stunning development, NEMF and 10 related subsidiaries declare bankruptcy

John Schulz

It is another sad day in the trucking industry as another storied, unionized, less-than-truckload (LTL) carrier has gone under and taking tons of capacity away from shippers in the Northeast. READ MORE

Commentary: Don’t be lured by freight payment schemes

Albert Saphir

The IPS Worldwide bankruptcy filing is another critical reminder that shippers need to better manage their accounts payable. We just can’t continue down this same path. Yes, it is terrible to see such bankruptcy again and you would think that... READ MORE

AAR Reports Annual U.S. Carload and Intermodal Gains for 2018

Association of American Railroads (AAR)

2018 U.S. rail carloads increased 1.8%, or by 238,857 carloads, annually to 13,640,641, compared to 2017’s 13,401,784. Intermodal containers and trailers increased 5.5%, or 751,217 units annually to 14,472,849. READ MORE

Gov't lawsuit against YRC shines light on LTL reweighing practices

Mark Solomon, Managing Editor, Markets

In the late 1990s, YRC Worldwide, Inc., (NASDAQ:YRCW) then known as Yellow Corp., was considered by some the gold standard of freight inspection among less-than-truckload carriers. One long-time LTL executive who never worked at YRC recalls it... READ MORE

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Wagers, XPO’s COO, leaves company after position is eliminated

In stunning development, NEMF and 10 related subsidiaries declare bankruptcy

Commentary: Don’t be lured by freight payment schemes

AAR Reports Annual U.S. Carload and Intermodal Gains for 2018

Gov't lawsuit against YRC shines light on LTL reweighing practices

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