Documents revealed late Monday show Yellow Corp. has missed required contributions for June and plans to withhold July payments.
Canada and Mexico are seeing tremendous growth as a result of nearshoring efforts. This has generated significant interest in cross-border capabilities.
Earnings estimates for truckload and less-than-truckload carriers get a notable negative revision at Morgan Stanley.
Shares of Yellow Corp. plummeted Tuesday as a lawsuit against Teamsters revealed the company’s options are dwindling and it will be out of cash in a few weeks.
The National Motor Freight Traffic Association said less-than-truckload industry participants are seeing benefits from using electronic bills of lading.
XPO announced the completion of a capacity expansion project in the Western part of its network.
Roadrunner has announced more long-haul, direct service lanes.
The latest exchange between the Teamsters union and Yellow Corp. suggests the carrier is running out of time and money.
ArcBest holds on to tonnage growth in the April-May period but yields take a notable step lower.
Yellow and the Teamsters appear to be moving further apart on reaching a deal anytime soon.
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Less-than-truckload carrier Old Dominion reported no seasonal inflection in volumes during May but continued to push yields higher.
RIST Transport acquired less-than-truckload peer AMA Transportation in a deal that creates a major regional player in the Northeast, according to an industry insider.
The Teamsters union has authorized a strike at ABF Freight.
Roadrunner announced Wednesday further enhancements in many of the less-than-truckload lanes it operates.
Less-than-truckload carrier Yellow Corp. sees its credit ratings fall further as it attempts to hash out a deal with the Teamsters.
AskWaves looks at how cross-border LTL demand may change as supply chain maps are redrawn.
Less-than-truckload carrier Yellow Corp. recorded a net loss during the first quarter as it attempts to overhaul its network.
Forward Air noted some optimism in its lowered outlook on Tuesday, saying recent customer conversations have been promising.
ArcBest on Friday stood by its strategy to take on lower-margin business.
Old Dominion said Wednesday that volumes have stagnated and some of its customers are pushing back on pricing.
Yellow confirms that it has asked the Teamsters to open up the National Master Freight Agreement a year early as talks around proposed network changes have stalled.
XPO fills vacant chief operating officer role with an Old Dominion veteran.
ArcBest announced Thursday that Treasurer Matt Beasley will assume the role of chief financial officer in May.
Yellow Corp. calls out Teamsters union officials for negotiating in bad faith and says it has the votes to push through its proposed operational changes.
AskWaves takes a look at the trade group that sets freight classifications for the less-than-truckload industry and where it’s headed.
Knight-Swift Transportation said it’s not backing away from M&A opportunities following its $808 million purchase of truckload carrier U.S. Xpress.
After culling underperforming freight for the better part of two years, less-than-truckload carrier Yellow sees volumes inflect positively.
The startup, led by veterans of last-mile delivery platform AxleHire, rolled out a new solution for perishable shippers.
Forward Air said Tuesday that low-teens tonnage declines over the past few months have calmed in early March.
Less-than-truckload carrier Old Dominion sees volumes drop again in February but notes the worst of it may be behind them.
Less-than-truckload carrier Saia reported January and February tonnage declines that were in line with fourth-quarter declines when adjusting for weather.
Less-than-truckload carrier Saia announced it has added more next-day lanes to its network.
The Teamsters union says it wants more details before agreeing to any of less-than-truckload carrier Yellow’s operational changes.
Less-than-truckload carrier Pitt Ohio announced a minority investment in national final-mile platform Aria Logistics.
The Teamsters union promises a fight heading into contract renewals with less-than-truckload carriers.
AskWaves looks at what shippers, carriers, 3PLs and receivers can do to improve less-than-truckload transportation in the grocery space.
XPO takes share in the fourth quarter, posting adjusted earnings ahead of consensus.
Less-than-truckload booking platform MyCarrier is automating insurance coverage for the 10,000 shipments it is booking daily.
ArcBest’s fourth-quarter was worse than expected as the carrier manages through the downside of the less-than-truckload cycle.
Less-than-truckload carrier Old Dominion moved forward with a long-term succession plan Tuesday, announcing that its chief operating officer will replace its CEO in July.
Less-than-truckload carrier Saia implements a 6.5% general rate to offset cost inflation and advance network investment.
Less-than-truckload carrier Pitt Ohio announced it has sped up service on numerous lanes in and out of the state of New York.
Bank of America analyst Ken Hoexter now has a buy rating on most of the truckload carriers he follows.
XPO announced Tuesday it has hired Wall Street analyst Ali Faghri to head its strategy initiatives.
Estes Express Lines announced Tuesday that Webb Estes has been named president and chief operating officer.
Less-than-truckload provider Roadrunner has announced its “biggest-ever transit improvements.”
Forward Air announced it will buy fellow expedited less-than-truckload provider Land Air Express in a $56.5 million transaction.
Even though the final piece of XPO’s breakup has been put on hold, the company’s bullish growth ambitions for less-than-truckload have not changed.
XPO announced it will retain its European business as capital markets abroad have weakened.
AskWaves looks at how carriers are better communicating rules tariffs to customers.
XPO becomes the latest less-than-truckload carrier to announce voluntary furloughs.
Less-than-truckload carrier Yellow Corp. navigates second year of volume declines amid network overhaul.
Less-than-truckload carrier Saia slightly missed third-quarter expectations and noted volumes softened as the quarter progressed.
Forward Air highlights several growth opportunities that will push results higher again in 2023 even if the economy slows further.
XPO Logistics issued long-term financial targets for its less-than-truckload segment and its brokerage unit, which will be spun off next month.
A highly regarded survey of less-than-truckload shippers showed Peninsula Truck Lines was the top overall provider based on value and loyalty.
Less-than-truckload carrier Yellow Corp. sees tonnage fall by mid-teen percentages in the first two months of the third quarter as it implements the first phase of its restructuring.
Less-than-truckload provider Forward Air continues to register notable revenue growth more than one year into freight swap.
More signs of slowing in the less-than-truckload industry appeared Thursday when ArcBest provided a third-quarter update.
Third-quarter updates from less-than-truckload carriers highlight a freight market that continues to slow.
Report shows pay also increased 11% just last year — and looks like it’s still rising
Pitt Ohio initiates direct service into and out of New York state.
Knight-Swift Transportation rode higher revenues and better margins in all of its divisions to a beat-and-raise second quarter.
AskWaves chats with an industry insider about the work the less-than-truckload industry is doing to close the automation gap.
Less-than-truckload carrier Pitt Ohio announced the acquisition of assets from Teal’s Express, which will provide it coverage in New York.
Less-than-truckload carrier Saia continues to grow its terminal map at an industry-leading pace.
Roadrunner said Thursday it has completed the second phase of service enhancements in its metro-to-metro, less-than-truckload network.
Less-than-truckload carrier Yellow Corp. reported another drop in tonnage during May as its terminal rationalization continues.
A couple of less-than-truckload carriers reported positive demand trends for the first two months of the second quarter.
The high-flying darlings of 2021, less-than-truckload stocks are finding their way back to earth quickly this year.
AskWaves looks at application programming interfaces in the less-than-truckload industry and how far the evolution can go.
Visit MyBlueGrace.com/shippers/less-than-truckload to learn more
Less-than-truckload carrier Yellow Corp. has begun the next phase of its multiyear transformation. A recent proposal seeks to consolidate and close terminals in the West.
ArcBest easily beat first-quarter expectations Friday. The positive revenue trends have carried through April.
Forward Air beat first-quarter expectations and pulled forward 2023 financial targets by a full year.
A congressional report alleges then-President Donald Trump may have pushed the Defense Department to approve a pandemic loan to help gain Teamsters support in the 2020 election.
Less-than-truckload carrier Old Dominion beat first-quarter expectations Wednesday. The company moved one step closer to doing “something that they said couldn’t be done.”
Knight-Swift Transportation lays out a thesis showing how large carriers will navigate a potential downturn considerably better than small fleets.
Old Dominion said Tuesday it has already added capacity at seven locations in its network. The recent expansions trend ahead of its 2022 guidance, which called for growth at eight to 10 terminals.
AskWaves looks at dynamic pricing and how it fits into an increasingly automated LTL complex.
Less-than-truckload carrier Roadrunner announced new incentives and an increased pay package for drivers.
Less-than-truckload carrier A. Duie Pyle announced Tuesday that its Northeast and Mid-Atlantic footprint now stretches south to Virginia.
Yellow Corp. announced it has reached a settlement with the Defense Department, which claimed it was overcharged by the less-than-truckload carrier for years.
ArcBest reported Friday that the favorable revenue trends logged in the fourth quarter have continued through the first two months of the first quarter.
First-quarter updates from Old Dominion and Saia show LTL carriers are off to another strong start.
Less-than-truckload carrier Dayton Freight Lines announced plans to acquire Valley Companies’ cartage operations.
Modern Shipper spoke with Daniel Sokolovsky, founder and former CEO of AxleHire, about his newest delivery venture, Warp.
AskWaves looks into the growing amount of shipment detail needed when submitting an RFP.
Less-than-truckload carrier Yellow Corp. adds two driver academies as part of a plan to train 1,000 drivers in 2022.
TForce Freight pickup and delivery drivers will be driving less and taking on more freight as TFI International pushes efficiency in its U.S. LTL operation, says TFI’s CEO.
Less-than-truckload carrier Yellow Corp. reported better-than-expected adjusted fourth-quarter results Wednesday after the market closed.
Less-than-truckload carrier Old Dominion raised its long-term margin target when it released better-than-expected fourth-quarter earnings Wednesday.
ArcBest raised long-term expectations Tuesday in conjunction with its fourth-quarter results, which were better than expected. The company now eyes doubling its size by 2025.
ArcBest on Tuesday reported fourth-quarter results, which once again outpaced analysts’ expectations.
Knight-Swift Transportation reported another big quarterly result Wednesday. However, it appears the stretch of rapid growth will moderate as the comps have stiffened.
One of the more underserved segments in a decidedly underserved industry, LTL is getting a boost from Relay Payments.
AskWaves looks at the impact general rate increases have on less-than-truckload rates.
TForce Freight has rolled back the speed reductions for some trucks based in Houston after drivers complained about running out of hours.
Many LTL carriers have lowered caps from 16 linear feet to 12 linear feet, either denying freight that exceeds those limits or instituting punitive pricing measures that make moving it unaffordable.
