Filed in LTL
Friday, August 01, 2014
The challenges faced by its longer-haul less-than-truckload (LTL) brethren are only magnified for carriers in the Regional LTL sector.
Carriers are enjoying a solid 2014, but warn of a pending capacity crunch as driver availability worsens amid tighter federal regulations. Bottom line: Shippers who choose not to collaborate with their carriers and streamline operations will most certainly be hit with higher rates.
YRC Worldwide, whose regional and long-haul units provide the second-largest LTL capacity in the trucking industry, narrowed its second-quarter loss to $4.9 million on $1.32 billion revenue, compared with $15.1 million loss on $1.24 billion revenue in the year-ago quarter.
Posted on 08/01 at 11:38 AM
YRC Freight •
Thursday, July 31, 2014
Even though not all publicly-traded less-than-truckload carriers (LTL) have posted second quarter earnings yet, the early consensus for those that have issued results is looking very good.
Posted on 07/31 at 10:39 AM
Monday, July 28, 2014
Freight transportation and logistics services provider Averitt Express recently announced it has rolled out improved transit times for less-than-truckload (LTL) service from the Midwest to Toronto and other cities.
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
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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