LTL

By Jeff Berman · September 27, 2012
FedEx Freight the less-than-truckload subsidiary of transportation and logistics bellwether FedEx said this week that it has upgraded its FedEx Freight Priority services by making improvements to its transit standards.
By Jeff Berman · September 19, 2012
While the fiscal year 2013 first earnings forecast for FedEx was lowered due to concern about the global economy on the company’s fiscal first quarter earnings call this week, FedEx Freight, the company’s market-leading less-than-truckload subsidiary had a strong quarterly performance.
By John D. Schulz · September 17, 2012
ABF Freight System going to negotiate its next agreement with the Teamsters union separately on behalf of its 7,000 unionized workers. Hundreds of thousands of ABF shippers should be watching closely as it will affect rates they pay for truck services.
By Jeff Berman · September 6, 2012
Company officials said this new 14-door service center will serve shippers in West Virginia and Ohio
By John Schulz · September 4, 2012
This follows an early August decision by a U.S. District Court to dismiss ABF’s lawsuit against those parties.
By John D. Schulz · August 22, 2012
Abandoning its longstanding commitment to a collective approach in bargaining with the Teamsters, financially ailing ABF Freight System has informed the union it is pulling out of the National Master Freight Agreement and will negotiate a separate contract.
By Jeff Berman · August 3, 2012
Based on today’s second quarter earnings announcement from less-than-truckload (LTL) transportation services provider YRC Worldwide, business conditions are continuing to gradually improve for the Overland Park, Kan.-based carrier.
By Jeff Berman · August 2, 2012
A U.S. District Court this week elected to dismiss a lawsuit by less-than-truckload (LTL) carrier ABF Freight System Inc. against the International Brotherhood of Teamsters, YRC Inc. and other related entities.
By Michael Levans · August 1, 2012
While the recession left the national less-than-truck (LTL) carriers reeling, we’re happy to report that this sector is more “in balance” than in past years, with capacity now aligning with demand. For the first time in at least five years, the sector is showing positive operating margins—albeit scant—while rates have started to clearly reflect that equilibrium.
By Michael Levans · August 1, 2012
Being nimble, quick, and responsive to constantly changing customer demands has kept many of the nation’s top regional LTL’s alive over the past four years. But this year’s story revolves around the improved scores cross the entire regional category, signaling that this year’s Quest for Quality winners have come out of the Great Recession with a full head of steam.
SPECIAL REPORT
By John D. Schulz · August 1, 2012
With pricing power back in the hands of the rejuvenated LTL sector, carriers are now laser focused on margins while concentrating on profitable freight.
By Jeff Berman · August 1, 2012
Net income of $41.8 million—or $0.74 per share—was up 30 percent annually. And operating income—at $80.1 million—saw a 33.2 percent annual improvement, with revenue—at $1.45 billion—seeing a 7.2 percent improvement.
By Peter Moore · August 1, 2012
Shippers are increasingly telling me that the number of options in the less-than-500-pound shipment market confuses them. The one thing that many can understand is that costs continue to climb despite the deregulation of rates. However, enormous savings can be achieved by knowing your shipment weight and distance, direction, and cube as well as the capabilities of your carrier.
By Jeff Berman · July 31, 2012
Much has been written and said about the less-than-truckload (LTL) sector on this Web site and in the pages of this magazine. Make no mistake, though, the sector these days is in a much better place than where it was not all that long ago.
By Jeff Berman · July 24, 2012
Effective August 6, ODFL said its base rates will increase 4.9 percent.

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