LTL

SPECIAL REPORT
By John D. Schulz · April 3, 2018
The top trucking companies planning big investments and more strategic operations geared to serve shippers in a roaring freight environment—one that’s being driven by a booming economy and a tight labor market. Trucking top 50 2017, Top Motor Carriers by revenue, Highest grossing trucking companies 2017, Fedex Freight Revenues 2017

By Jeff Berman · April 3, 2018
Total third quarter invoice revenue for all TIA member study participants—at around $2.8 billion—was up 17% percent annually, and total shipments—at 1,439,237—increased 7.8%. The average invoice per shipment of $1,951 rose 8.5%, with profit margin percentage down 100 basis points to 14.6 percent. Key fourth quarter metrics by mode included:Truckload: shipments up 7% annually at 989,255, with invoice amount per load up 9.7% at $1,679, profit margin per load up 14.5% at $248, and profit margin

By John D. Schulz · March 9, 2018
Effective May 16, Greg C. Gantt is succeeding David S. Congdon, who has served as Chief Executive Officer since January 2008 and Vice Chairman of the Board of Directors since May 2015. Gantt, who will also retain his current title of president, originally joined ODFL as a Regional Vice President in 1994 and has assumed ever-increasing roles and responsibilities over the past 24 years.

By Jeff Berman · March 2, 2018
Our experts offer their insight into what’s driving market trends and share practical advice for how logistics operations need to re-adjust to ever-shifting conditions—especially as business booms and new entrants loom.

By John Schulz · February 16, 2018
In an era of cutthroat competition and profit measured in pennies on the dollar, if a trucking company lasts ten years it’s worth celebrating. Only a handful of carriers operating today have ever logged 50 years in existence. Then there is Elizabeth, N.J.-based New England Motor Freight. NEMF, whose maroon colored trucks and trailers are ubiquitous in the Boston-New York-Washington “Acela Corridor,” hits the century mark this year as the company celebrates 100 years of operating during its year-long centennial celebration.

By Jeff Berman · February 8, 2018
Fourth quarter revenue was up 12.2% annually at $4.19 billion, and net income for the quarter came in at $188.5 million, or $1.42 per share, which was well ahead of net income of $27.3 million, or $0.22 per share, a year ago.

By John Schulz · January 30, 2018
Buoyed by surging demand, less-than-truckload (LTL) carriers are revving up for 2018, warning that tightening capacity means sharply higher rates in a new era of pricing.

By Jeff Berman · January 25, 2018
Given the myriad moving parts-such as economic, regulatory, or trade-based ones, among others, the current supply chain, freight transportation, and logistics markets, are moving at a rapid pace, with more than a lot going on at any given time.That was made clear in a CEO panel featuring YRC CEO James Welch and Jason Hess, vice president and general manager premium at Union Pacific.

By John Schulz · January 15, 2018
Less-than-truckload (LTL) shippers are facing what top trucking executives are calling a “new era” in LTL pricing because of a combination of pent-up demand, surging e-commerce deliveries and a tightening capacity due to increased government regulations and a shortage of qualified drives.

By Jeff Berman · January 4, 2018
With winter weather conditions harsh and another big storm hitting today in various pockets of the Northeastern and Mid-Atlantic United States, myriad motor carriers are gearing up for the most recent batch of bad weather.

By John D. Schulz · November 6, 2017
A late, unexpected victim of Hurricanes Harvey and Irma that slammed the southeastern United States was YRC Worldwide’s bottom line.

By Peter Moore · October 31, 2017
For shippers, the lack of pricing regulation in the various modes they’re dependent upon is causing an increasingly worrisome financial squeeze.

By Mike Levans · October 31, 2017
We tend to take it for granted, and it’s not until you stop and really digest some of the numbers that you realize just how dominant trucking is as a mode of freight transportation in the United States.

By John D. Schulz · August 30, 2017
In an award-winning collaboration effort with a 3PL and TL partner, this global performance nutrition company has drastically reduced costs—all while improving service through and innovative “embedded” arrangement.

By Jeff Berman · August 15, 2017
Chicago-based project44, a technology services provider offering standardized, secure Web service API (application programming interfaces) integrations enabling 3PLs and shippers to connect with carriers in real time, and 3GTMS, a Shelton, Conn.-based provider of Tier 1 transportation management software, said today they have partnered up to provide real-time full lifecycle LTL (less-than-truckload) and Volume automation services through 3GTMS’s technology platform.