TIA

TIA officials observed that the drop in margin percent is something that has not previously occurred on the approach to recession.

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...

While momentum on a new long-term federal surface transportation authorization has been largely slow, especially during a Presidential election year that has not stopped Democrat members on the House of Representatives Committee on Transportation and Infrastructure whom this week issued a “list of infrastructure principles.”

Total third quarter invoice revenue for all TIA member study participants—at around $2.8 billion—was up 17% percent annually, and total shipments—at 1,439,237—increased 7.8%. The average invoice per shipment of $1,951 rose 8.5%, with profit margin percentage down 100 basis points to 14.6 percent. Key fourth quarter metrics by mode included:Truckload: shipments up 7% annually at 989,255, with invoice amount per load up 9.7% at $1,679, profit margin per load up 14.5% at $248, and profit margin

Total third quarter invoice revenue for all TIA member study participants—at around $2.6 billion—was up 10.9% percent annually, and total shipments—at 1,428,332—increased 10.9%. The average invoice per shipment of $1,801 rose 4.6%, with profit margin percentage down 40 basis points to 15.5 percent.

Total third quarter invoice revenue for all TIA member study participants—at around $2.19 billion—was down 11 percent annually, and total shipments—at 1,272,945—decreased 4.3 percent. The average invoice per shipment of $1,722 fell 7.4 percent, with profit margin percentage up 90 basis points to 15.8 percent.

Despite an annual gain in total brokered freight transportation shipments, total revenue and invoice amount per shipment saw declines, according to the “First Quarter 2016 TIA 3PL Benchmarking Report,” which was recently issued by the Transportation Intermediaries Association (TIA).

Fourth quarter 2014 brokered freight transportation shipments headed up while total revenue headed down, according to the “Fourth Quarter 2015 TIA 3PL Benchmarking Report,” which was released last week by the Transportation Intermediaries Association (TIA).

Growth in brokered freight transportation shipments and total invoice dollars were key themes in the Second Quarter 2015: TIA Benchmarking Report, which was recently issued by the Transportation Intermediaries Association (TIA).

This is the 26th edition of this report, which is based on monthly data from TIA member companies who submit real operating data and respond to questions on business conditions impacting the 3PL sector.

Middlemen comprising the Transportation Intermediaries Association made money last quarter, say researchers.

Third-party logistics (3PL) services providers weathered the harsh impact of the winter weather in the first quarter in solid fashion, according to the 1st Quarter 2014: TIA 3PL Market report released by the Transportation Intermediaries Association this week.

Last week, the Federal Motor Carrier Safety Administration said in a Federal Register notice that guidelines based on the national transportation bill—Moving Ahead for Progress in the 21st Century (MAP-21)—regarding FMCSA jurisdiction for anyone acting as a broker or freight forwarder are set to take effect on October 1.

As a whole, market conditions in the third-party logistics (3PL) sector appear to be holding up well, despite the uneven nature of the economy, according to the 1st Quarter 2012 TIA 3PL Market Report by the Transportation Intermediaries Association (TIA).