Filed in LTL
Saturday, August 01, 2015
As we roll deeper into 2015, the longer-haul less-than-truckload (LTL) sector remains solidly profitable overall. Carriers in this category are seeing capacity closely aligned with demand, and with significant barriers to entry in the sector, little additional capacity is expected in the near future.
While still facing many of the regulatory and driver recruitment challenges facing their longer-haul less-than-truckload (LTL) brethren, our reporting over the past year indicates that the Regional LTL sector has found its footing in terms of capacity alignment and revenue growth.
While there’s adequate capacity in what’s viewed as a less chaotic market than last year, carriers have regained a position of strength as the supply/demand equation rests comfortably in their favor. As a result, truckers are seeking “shippers of choice” as looming capacity worries continue to mount.
Wednesday, July 08, 2015
The company said standard service times for service into and out of Louisville will be 1-to-2 days in most parts of its direct service area, adding that shipper customers with freight in Pitt Ohio’s current direct coverage area destined for Louisville will be able to begin scheduling pickups on Friday, August 14.
Posted on 07/08 at 09:32 AM
PITT OHIO •
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 •
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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