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Freight carriers offer inspiration for survival

from Material Flows

It's getting harder for carriers to find drivers, and it's getting harder for shippers to find capacity. These two trends have set off a feeding frenzy in the transportation sector in which little guys are being acquired by the big freight carriers. The first half of 2012 saw robust transportation and logistics M&A activity — up 80 percent from $1.4 billion in the first half of 2011, according to Harris Williams & Co.'s Transportation & Logistic Group, subsidiary of The PNC Financial Services Group. more

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