Filed in Less-Than-Truckload
Monday, October 29, 2012
Less-than-truckload (LTL) transportation services provider Old Dominion Freight Line (ODFL) recently announced it has expanded its service into Canada with the relocation and expansion of its Detroit Service Center in Troy, Michigan.
Posted on 10/29 at 01:10 PM
Monday, October 01, 2012
The big-box retailer’s flexible logistics model has enabled an innovative store remodel strategy—and helped cut price per shipment by just over 30 percent in its first year in service.
Wednesday, 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.
Posted on 09/19 at 10:01 AM
Monday, 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.
Posted on 09/17 at 08:17 AM
Wednesday, September 12, 2012
The American Trucking Associations (ATA) reported today in its quarterly Trucking Activity Report that the annualized turnover rate for linehaul truckload fleets of all sizes increased in the second quarter
Wednesday, 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.
Wednesday, August 01, 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.
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.
With pricing power back in the hands of the rejuvenated LTL sector, carriers are now laser focused on margins while concentrating on profitable freight.
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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.