Transportation Intermediaries Association News & Resources
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New TIA Q4 Market Report sees declines amid some positive trends
March 14, 2024
Challenging market conditions on various fronts, for freight transportation brokers and intermediaries, were the main themes of the new edition of the “3PL Market Report Fourth Quarter 2023, which was issued this week by the Alexandria, Va.-based Transportation Intermediaries Association (TIA).
New TIA report highlights positive Q3 trends against challenging annual comparisons
December 6, 2023
A key takeaway of the report highlighted how the GDP Goods Transport Sector reading saw a 6.5% increase, from the second quarter to the third quarter, which snapped a five-quarter stretch of negative or nearly negative sequential quarter growth. And TIA noted that this was in line with the U.S. third quarter advance estimate reading of 4.9%.
FMCSA issues final rule requiring $75,000 bond for brokers for claims
November 28, 2023
The Federal Motor Carrier Safety Administration (FMCSA) late last month published a final rule titled "Broker and Freight Forwarder Financial Responsibility," which establishes procedures and requirements for the immediate suspension of broker and freight forwarder operating authority registration if the available financial security falls below $75,000.
TIA Q2 3PL Market Report sees modest shipment gains
August 24, 2023
Truckload was the only segment to see a gain for shipment volumes, up 1.9% sequentially, and down 1.4% annually. LTL was off 2.8% sequentially and 5.8% annually, with intermodal down 2.4% sequentially and 16.4% annually. Other modes were down 0.2% sequentially and 11.5% annually.
New TIA 3PL Market Report shows ongoing solid market conditions
December 8, 2021
Total quarterly shipments increased 6.8%, from the second quarter to the third quarter, and saw a 10.6% annual gain, and total revenue saw a 10.3% increase, from the second quarter to the third quarter, while seeing a 36.1% annual gain.
TIA quarterly report shows strong shipment and revenue gains
August 25, 2021
Total quarterly shipments increased 11.3%, from the first quarter to the second quarter, and were up 21.7% annually, and total revenue rose 21%, from the first quarter to the second quarter, and was up 59.1% annually. Gross margin percentage was off 110 basis points, from the first quarter to the second quarter, and was off 460 basis points on an annual basis.
TIA executive makes the case for the Motor Carrier Safety Selection Standard
June 30, 2021
Chris Burroughs, TIA vice president of government affairs, said at the SMC3 virtual Connections conference this week that passing the Motor Carrier Safety Selection Standard would clear up a lot of the confusion that exists out there in the motor carrier population, given that the FMCSA safety rating process is still done by a physical audit.
TIA and OOIDA are at odds over perceived price-gouging
May 20, 2020
When President Trump recently spoke on Fox & Friends, he was asked about American truck drivers being “price gouged” by transportation brokers and what the White House would do to address that. His response indicated he felt that was the case, saying “Oh they are price gouged…all they want is to be treated fairly and we’re going to treat them fairly.” It is fair to say that the Alexandria, Va.-based Transportation Intermediaries Association (TIA), which is the largest...
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