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According to Cass Information Systems, truckload linehaul rates paid in January increased 2.9% year over year, resulting in the largest year-over-year increase in linehaul rates since last February. Recent spot market data, combined with increasing demand and a high number of trucking companies exiting the market, all seem to indicate that rates – both contracted […]
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XPO Logistics has announced plans to acquire Pacer International, the third largest provider of intermodal transportation services in North America. The combined company will continue to trade on the New York Stock Exchange under the symbol XPO. Pacer is also the largest provider of intermodal services in the fast-growing cross-border Mexico market. A few specifics of […]
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