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Hot market creating a war for freight brokerage talent | Hellenic Shipping News Worldwide

Hot market creating a ‘war’ for freight brokerage talent Last Monday, Amit Mehrotra, an analyst at Deutsche Bank, stated that due to customer demand, low inventory levels, housing demand and federal stimulus, the current market constraints on trucking and international container capacity are likely to continue into 2023. Shippers are moving to a “stronger for longer” pricing cycle, he said, pointing to many retailers increasing their transportation cost projections and retailers already beginning to increase prices by 10% to 20%. This hot market continues to impact truckload carriers, who must order new trucks and focus attention on driver recruitment and retention to keep up with customer demand.

United statesAmit mehrotraKevin mcmasterBradley jacobsAndrew silverBrent orsugaMeghan savelCharlie saffroEcho global logisticsDeutsche bankMolo solutionsPinnacle growth strategiesFlock freightMorning dispatchஒன்றுபட்டது மாநிலங்களில்அமித் மெஹ்ரோத்ரா

Hot Market Creating A War For Freight Brokerage Talent

Share: On Monday, Amit Mehrotra, an analyst at Deutsche Bank, stated that due to customer demand, low inventory levels, housing demand and federal stimulus, the current market constraints on trucking and international container capacity are likely to continue into 2023. Shippers are moving to a stronger for longer pricing cycle, he said, pointing to many retailers increasing their transportation cost projections and retailers already beginning to increase prices by 10% to 20%. This hot market continues to impact truckload carriers, who must order new trucks and focus attention on driver recruitment and retention to keep up with customer demand. But these issues are beginning to trickle down to another supply-chain actor as well: the freight broker.

United statesAmit mehrotraKevin mcmasterBradley jacobsAndrew silverBrent orsugaMeghan savelCharlie saffroEcho global logisticsDeutsche bankPinnacle growth strategiesFlock freightMolo logisticsMorning dispatchஒன்றுபட்டது மாநிலங்களில்அமித் மெஹ்ரோத்ரா

A tremendous first quarter : Greenwich-based XPO Logistics posts record revenues

A tremendous first quarter : Greenwich-based XPO Logistics posts record revenues FacebookTwitterEmail 1of5 XPO Logistics recorded company-record revenues of about $4.8 billion in the first quarter of 2021, increasing 24 percent from the first quarter of 2020.File photoShow MoreShow Less 2of5 XPO Logistics recorded company-record revenues of about $4.8 billion in the first quarter of 2021, increasing 24 percent from the first quarter of 2020.Alexander Soule / Hearst Connecticut MediaShow MoreShow Less 3of5 4of5 XPO Logistics CEO and Chairman Bradley Jacobs, left, and President Troy Cooper stand outside the XPO Logistics headquarters at 5 American Lane in Greenwich, Conn., on July 25, 2017.Tyler Sizemore / Hearst Connecticut MediaShow MoreShow Less 5of5

United statesCity ofUnited kingdomNorth havenJosephine berishaBradley jacobsDepartment of laborChairman bradley jacobsNorth americanNorth americaஒன்றுபட்டது மாநிலங்களில்நகரம் ஆஃப்ஒன்றுபட்டது கிஂக்டம்வடக்கு புகலிடம்பிராட்லி ஜாகோப்ஸ்துறை ஆஃப் தொழிலாளர்

XPO Logistics, Greenwich s largest publicly traded company, plans to stick around

XPO Logistics, Greenwich’s largest publicly traded company, plans to stick around FacebookTwitterEmailLinkedInRedditPinterest Photo: Tyler Sizemore / Hearst Connecticut Media GREENWICH XPO Logistics is committing to keeping the remainder of its organization headquartered in Greenwich after it spins off its logistics business a plan that highlights the Fortune 500 company’s confidence in its hometown. The pledge will retain the largest publicly traded company headquartered in Greenwich. XPO posted 2020 revenues of about $16 billion and employs about 45,000 people in the U.S. About 600 are based in Connecticut, including approximately 75 at 5 American Lane in Greenwich’s northwest corner, its headquarters since 2017. Back to Gallery

United statesCity ofUnited kingdomNorth havenFred camilloJosephine berishaBradley jacobsBlue skyInteractive brokers groupPeople united bankNmt bankBlue sky studiosDepartment of laborGreenwich first selectman fredChairman bradley jacobsNorth america

XPO Logistics, Greenwich s largest publicly traded company, plans to stick around

XPO Logistics, Greenwich s largest publicly traded company, plans to stick around
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United kingdomUnited statesCity ofNorth havenFred camilloJosephine berishaBradley jacobsBlue skyInteractive brokers groupPeople united bankNmt bankBlue sky studiosDepartment of laborGreenwich first selectman fredChairman bradley jacobsNorth america