LTL carriers

Old Dominion Freight Line reported modestly better trends in February compared to January but noted the market remains soft.

Less-than-truckload carrier Saia said daily shipments were up 19% in February Monday after the market closed.

A Delaware bankruptcy court will decide on March 6 if it will hear pension withdrawal liability litigation against Yellow Corp.

As many as 14,000 former Yellow Teamsters could head back to work if a would-be less-than-truckload startup can persuade creditors to approve their plan.

XPO’s fourth quarter exceeded expectations, and the company provided robust pricing guidance for 2024.

Yellow Corp. said it has paid a total of $851 million to the U.S. Treasury as repayment for a 2020 CARES Act loan.

ArcBest continued to swap out spot freight for higher-margin shipments from core accounts during the fourth quarter.

ArcBest leveraged cost initiatives to beat the fourth-quarter consensus estimate.

Less-than-truckload carrier Saia will spend roughly 30% of its annual revenue buying terminals and trucks as it looks to take market share again in 2024.

Old Dominion’s fourth quarter was largely in line with analysts’ expectations even as it takes on growth-oriented costs ahead of improvement in demand.

Less-than-truckload provider Roadrunner announced the addition of 135 new lanes as well as service to parts of Canada.

Forward Air announced Thursday that it has closed on a merger with Omni Logistics following months of litigation.

C.H. Robinson said 10 of the top less-than-truckload carriers on its platform are now using electronic bills of lading.

Yellow’s estate is roughly halfway through the liquidation of more than 300 terminals, a court order showed Friday.

Less-than-truckload carrier Pitt Ohio announced the expansion of its New England service on Monday.

XPO said Tuesday it’s excited about a “once-in-a-generation” terminal acquisition that will facilitate the next decade of growth.

A Delaware bankruptcy court filing shows several prominent less-than-truckload carriers hold $1.9 billion in winning bids for 130 of Yellow’s terminals.

Third-quarter earnings reports show how Yellow Corp.’s market share was redistributed across the less-than-truckload industry.

ArcBest’s less-than-truckload operation saw a meaningful step up in profitability in the third quarter as it remains selective on market share opportunities.

ArcBest reports a third-quarter earnings beat when adjusting for several one-off items.

Less-than-truckload carrier Saia will implement a 7.5% general rate increase in early December.

Averitt Express received the highest overall ranking, with Old Dominion Freight Line voted top national less-than-truckload carrier in a value and loyalty survey.

Tuesday filings before a Delaware bankruptcy court are asking for the use of professional auction houses in the disposition of Yellow’s trucks and trailers.

Roadrunner announced Tuesday a new service that waives 100% of the freight bill for shipments that don’t arrive on time.

A quarterly survey of shippers suggests the trucking market is still distanced from a material recovery.

Equity research analysts are taking less-than-truckload earnings forecasts higher following the industry’s successful absorption of defunct Yellow’s freight.

More than one-third of shippers and brokers polled said they were still searching for a permanent less-than-truckload provider following Yellow’s exit.

Less-than-truckload provider Forward Air missed second-quarter earnings expectations but management noted it’s seeing a lift from Yellow’s shutdown.

Less-than-truckload carrier Yellow Corp. closed the gates Sunday and ceased all operations.

ArcBest reported an earnings miss Friday but that may not matter as its less-than-truckload unit is quickly taking on volume as a competitor winds down.

Old Dominion reported what will likely be best-in-class results for the second quarter and said recent turmoil at competitor Yellow Corp. hasn’t altered its strategy any.

Stock analysts size up less-than-truckload market dynamics following weeks of turmoil at carrier Yellow Corp.

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.