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Freight Market Update and Q2 Trucking Outlook

Zipline Logistics

Following an unprecedented downturn, the freight market has posted an almost full calendar year of impressive growth spurred by demand from a few sectors of the domestic economy. The second half of the past quarter was highly atypical and posted freight volumes that vastly exceeded those generally seen during peak season.

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This Week in Logistics News (April 22 – 28)

Logistics Viewpoints

And now on to this week’s logistics news. US homes 8 retailers keeping Earth Day alive through a commitment to sustainability Ground parcel delivery costs reached a record high in Q1, although pricing discounts from carriers softened the blow, according to the TD Cowen/AFS Freight Index. percent for Q4. percent by 2030. million U.S.

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Hub Group acquires Exel Transportation Services

Supply Chain Network

NASDAQ: HUBG), one of the nation’s leading freight transportation management companies, announced today that it purchased Exel Transportation Services (ETS) for $83 million before post closing adjustments. SOURCE Hub Group, Inc. Hub Group, Inc. “This is an important day in the history of Hub. Back to top. RELATED LINKS.

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Top 25 3PL warehousing companies in 2020 (by revenue)

6 River Systems

Third-party logistics companies ( 3PLs ) specialize in distribution, warehousing and fulfillment services. The core competency of these companies is logistics , and they do it well. Even Amazon used third-party logistics companies when the company first started, until reaching sufficient scale to have a logistics arm of its own.