Filed in LTL
Wednesday, July 01, 2015
In the best year for the freight transportation industry since the Great Recession, logistics managers chalk up efficiencies that drive further U.S. economic growth. However, capacity issues persist, causing shippers to worry about rate hikes as carriers continue to be meticulous in their partnerships.
As we roll deep into 2015, the $37 billion less-than-truckload (LTL) sector remains solidly profitable overall. LTL capacity is closely aligned with demand, and with significant barriers to entry in the sector, little additional capacity is expected in the near future.
Despite the prevailing challenges, the less-than-truckload (LTL) market is seeing steady volume growth and solid profits. Our top sector analysts offer their take on this now vital mode as shippers work to obtain the capacity they need at a rate that works for both parties.
LTL rate structures have started to morph from static, classification-based rate tables that have been in place since the 1930s through to the dimensional pricing experiments of the past few years. I say “through” because dimensional pricing is not an end, but a step toward dynamic pricing models that enable collaboration in real time for smart, connected shippers and carriers.
Tuesday, June 30, 2015
LM Group News Editor Jeff Berman caught up with UPS Freight President Jack Holmes at the National Shippers Strategic Transportation Council’s (NASSTRAC) Annual Conference and Exhibition. Berman and Holmes spoke about various aspects of the less-than-truckload sector (LTL), as well as related freight transportation news and trends.
Posted on 06/30 at 08:43 AM
UPS Freight •
Tuesday, June 02, 2015
SHIFT Freight, a less-than-truckload (LTL) carrier that moves freight from California, Nevada, and Arizona to the Eastern half of the United States, said this week that it is now serving 1,400 new direct points in Michigan and Ohio.
Posted on 06/02 at 10:37 AM
Less-than-truckload (LTL) bellwether Old Dominion Freight Line (ODFL) said this week that it has updated its second quarter expectations for growth in LTL tons per day, and year-over-year growth in LTL revenue per hundredweight, excluding fuel surcharges.
Posted on 06/02 at 09:04 AM
Monday, May 04, 2015
Led by perennial earnings champ Old Dominion Freight Line, the nation’s LTL carriers as a group are enjoying a particularly strong earnings season—especially when one considers the first quarter usually is the slowest period for trucking in general with harsh winter weather bearing down on earnings.
Posted on 05/04 at 08:21 AM
Wednesday, April 01, 2015
Analysts say our annual listing reflects the management teams that are willing to get their hands dirty in order to compete in the cutthroat world of deregulated trucking. Here are the carriers that are leverage rolling assets and technology to post the most impressive financial numbers.
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Sunday, March 01, 2015
Our panel of trucking analysts takes a deep dive into the federal regulations that are driving increased cost pressures on carriers—and, in turn, driving up rates on shippers.