Filed in LTL
Tuesday, July 01, 2014
The $35 billion less-than-truckload (LTL) market, benefitting from a rebound in the U.S. industrial sector, is enjoying a renaissance after five lean years. And leading LTL executives say it’s about time.
Friday, June 20, 2014
As was the case from a company perspective, fiscal fourth quarter output for less-than-truckload market leader FedEx Freight was strong, the company reported in its earnings announcement this week.
Posted on 06/20 at 09:03 AM
FedEx Freight •
Monday, June 16, 2014
As the first half of 2014 is nearly complete, the less-than-truckload (LTL) sector appears to have a fair amount of positives working in its favor, including better-than-expected volumes and decent pricing, among others.
Posted on 06/16 at 10:55 AM
Friday, June 13, 2014
Today, transportation and logistics professionals are being forced to deal with the “Shipper Paradox.” That’s what happens when your senior executives expect you to deliver transportation cost savings, but your carriers are demanding higher rates. Adding fuel to the fire is a transportation environment where capacity is tight and getting tighter, and your job instantly becomes even more difficult.
Posted on 06/13 at 10:22 AM
Thursday, May 29, 2014
The Thomasville, North Carolina-based carrier with the sector’s lowers operating ratio said is revenue per hundredweight, excluding fuel surcharges, for the second quarter, is now in a projected range of 3.0 percent to 3.5 percent over the second quarter of 2013 and from a previous forecast of 2.0 percent to 2.5 percent.
Posted on 05/29 at 11:07 AM
Monday, May 05, 2014
Effective January 1, 2015, FedEx will apply dimensional weight pricing to all shipments moved via FedEx Ground, and at FedEx Freight, the company’s less-than-truckload group, FedEx has updated its fuel surcharges for the U.S. and Canada by 3 percent.
Friday, May 02, 2014
Arkansas Best Corp., parent of 90-year-old ABF Freight System (the nation’s eighth-largest LTL carrier with $1.7 billion in revenue last year) has changed its name to ArcBest Corp., effective May 1. Its stock symbol has changed from ABFS to ARCB.
Posted on 05/02 at 09:55 AM
Thursday, May 01, 2014
YRC swung from consolidated operating income of $9.9 million in the year-ago quarter to a consolidated operating loss of $32.4 million in the 2014 first quarter. That came on operating revenue of $1.211 billion, compared with year-ago revenue of $1.162 billion.
Posted on 05/01 at 10:15 AM
YRC Freight •
Even though the impact of the difficult winter weather could not be overlooked, transportation and logistics services provider Con-way said in its first quarter earnings release today that things are heading in the right direction.
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Sunday, April 13, 2014
They are an annual rite of passage, general rate increases (GRIs) in the less-than-truckload (LTL) sector of the trucking industry. But is anyone paying attention? And more importantly, is anyone actually paying these announced GRIs, this year in the 3.9 to 5.4 percent range?
Posted on 04/13 at 11:19 PM