LTL

By John D. Schulz · July 1, 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.
By Jeff Berman · 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.
By Jeff Berman · 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.
By Mike Regan · 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.
By Jeff Berman · 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.
By Jeff Berman · May 5, 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.
By John D. Schulz · May 2, 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.
By John D. Schulz · May 1, 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.
By Jeff Berman · May 1, 2014
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.
By John D. Schulz · 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?
By Jeff Berman · April 2, 2014
FedEx Freight, the less-than-truckload (LTL) subsidiary of FedEx, opened up a new container freight station at its facility in Chicago Summit, Ill. This facility will consolidate and sort freight heading to Puerto Rico.
SPECIAL REPORT
By John D. Schulz · April 1, 2014
Common denominators of our 2014 Top 50 include strong leadership, a growing list of diversified service offerings, and the desire to partner with their shipper customers—all essential characteristics for continued success in the new era of tightened capacity.
By LM Staff · March 27, 2014
Toronto-based less-than-truckload (LTL) carrier and transportation services provider Vitran Corporation has officially been acquired by TransForce, a provider of transportation and logistics services for $6.50 per share.
By Jeff Berman · March 27, 2014
The Ann Arbor, Michigan-based carrier said earlier this month that effective March 31 a 5.4 percent GRI will take effect.
By Jeff Berman · March 24, 2014
The freight brokerage market has another behemoth in the mix, with the recently announced definitive merger agreement of two non asset-based third-party logistics (3PL) service providers Chicago-based Coyote Logistics and Access America Transport (AAT), which is out of Chattanooga, Tenn.

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