LTL carriers

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.

In its third pay hike of 2021, Forward Air rolls out its biggest pay package for independent contractors ever.

Old Dominion Freight Line was the latest less-than-truckload carrier to implement a general rate increase ahead of schedule. The 4.9% adjustment is in line with the rate hike it announced earlier in the year.

Central Freight Lines shuts down, U.S. Xpress fires truckload exec and ACT releases driver hiring data Central Freight Lines to shut down after 96 years Central Freight Lines to shut down after 96 years Central Freight Lines is shutting down after 96 years in operation. The LTL carrier based in Waco, Texas, has over 2,100 […]

A look at the end of Central Freight Lines, the port congestion blame game between drivers and officials, and investments no one asked for.

Less-than-truckload carrier Yellow Corp reports the weakest revenue trends out of the public carriers providing fourth-quarter updates.

Forward Air’s initiative to upgrade its freight mix to a heavier class of premium cargo was evident in November results.

Less-than-truckload carrier Old Dominion said share-taking efforts led to revenue growth ahead of its peers during November.

Knight-Swift adds to its less-than-truckload offering with the acquisition of Midwest Motor Express. Investors continue to see the value in owning LTL assets.

Intraquarter updates from less-than-truckload carriers show record third-quarter operating conditions have continued through the first two months of the fourth quarter.

General rate increases for less-than-truckload shipments not under contract are rolling in ahead of schedule and are a little higher than normal.

Yellow Corp. President Darrel Harris has filled the company’s vacant chief operating officer role.

Less-than-truckload carriers report strong October results. But one analyst questions if the stocks have run too far ahead of results.

A rule requiring vaccines for employees, or weekly testing for workers declining vaccination, at companies with staff of 100 or more gets emergency stay.

ArcBest reported record quarterly results on Tuesday, and management sees the possibility of incremental improvement moving forward.

ArcBest posted record quarterly results for the third time this year on Tuesday. Each of its segments reported double-digit top-line growth.

Old Dominion expects the costs of growing at such a fast pace will linger for a while. The company beat third-quarter estimates and doubled down on its share-taking strategy.

A Democrat-led committee investigating Yellow’s $700 million Treasury loan suggests the Trump administration was involved in the approval process.

Morgan Stanley analyst Ravi Shanker believes rate expectations of truckload management teams haven’t been reflected in 2022 earnings estimates yet.

ArcBest’s acquisition of truckload broker MoLo Solutions accompanies an announcement of strong third-quarter results for its LTL segment.

More M&A isn’t on the immediate horizon but final-mile delivery is.

Less-than-truckload carrier Yellow reported tonnage declines worse than its peers for the first two months of the third quarter. The carrier said it currently remains focused on driving yields higher in lieu of volume growth.

ArcBest said Wednesday an August tonnage decline in its asset-based segment was done intentionally so that it could better service its core less-than-truckload customers.

Less-than-truckload carrier Old Dominion reported strong operating trends for the first two months of the third quarter. The carrier said it will continue to reinvest in its network to achieve further market share wins.

Yellow Corp. announced that its interim CFO, Dan Olivier, will assume the role permanently. The change comes as the company navigates a financial and operational transformation.

The large year-over-year revenue increases recorded by less-than-truckload carriers in the second quarter continued with Yellow on Monday after the close. However, the carrier’s operating metrics lagged some of its competitors as it continues to execute a companywide overhaul.

Less-than-truckload carrier Old Dominion reported further acceleration in tonnage and yields in the first two months of the second quarter on Thursday.

Less-than-truckload carriers ArcBest and Saia report continued strength in demand through the first two months of the second quarter.

The company’s new facility in Grand Prairie follows the opening of new facilities in Atlanta and Port Houston, and an expansion in Laredo, Texas.

Carriers continue to push driver pay higher amid a capacity-constrained market to keep their equipment seated and on the road.

The Teamsters union is seeking executive compensation reform at XPO.

Less-than-truckload carrier Yellow Corp. reported a sizable first-quarter loss Wednesday as weather, increased purchased transportation expense and a lack of gains on real estate sales weighed on the period.

Less-than-truckload carrier Saia announced Tuesday it was hiring more than 500 drivers and 300 dockworkers.

ArcBest points to the current “robust demand” environment as supportive of raising equipment spending in 2022.

Logistics provider ArcBest Corp. posted first-quarter results well ahead of analysts’ expectations Tuesday.

Hunker down once more; things appear to be heating up for LTL demand heading into the summer months.

Less-than-truckload carrier Saia reports a big year-over-year increase in earnings during the first quarter even as weather negatively impacted one-third of its network.

Old Dominion Freight Line set a first-quarter record even with adverse weather conditions. The second quarter is shaping up to produce a new all-time company record.

Old Dominion Freight Line announced its best first-quarter result in company history on Thursday. Improved density and yields led to a 76.1% operating ratio, 530 basis points better year-over-year.

Less-than-truckload carrier Yellow Corp. announces the departure of its COO and chief network officer. The company announced that its strategic initiatives head, Darrel Harris, will take over as president.

Forward Air announces its “largest-ever” rate increase to capacity providers.

Less-than-truckload carrier Saia announces the addition of its 20th facility in the Northeast in just the last four years. The LTL market continues to garner incremental investment dollars as demand rises.

Two bullish equity research reports this week on transportation stocks both highlight expectations around consumer spending and what that means for freight demand.

While the less-than-truckload market is experiencing a boom, it’s not without growing pains, according to Recon Logistics’ pricing and analytics expert Curtis Garrett.

Old Dominion Freight Line said Thursday it would add 800 drivers and more than 400 dockworkers and clerical personnel to meet “robust freight demand.”

Carrier Averitt Express said it was raising pay for its newly hired regional truckload and flatbed drivers. The company becomes the latest to increase driver pay as the industry struggles to seat tractors.

With the need for qualified drivers on the rise, less-than-truckload carrier Yellow Corp. announces plans to hire 1,500 drivers and open new academies in 12 locations across the country.

The Teamsters’ Central States Pension Fund could be saved through the COVID-19 relief package.

Logistics provider ArcBest reported better-than-expected results for the fourth quarter Tuesday. Less-than-truckload tonnage increased by double-digit percentages as weight per shipment jumped 10%.

ABF Freight head Tim Thorne announces his retirement after a 31-year career with the less-than-truckload carrier. ABF’s current VP of linehaul, Seth Runser, will become the carrier’s new president in July.

A congressional oversight report highlights flaws in the Defense Department’s designation of less-than-truckload carrier YRC Worldwide as a company vital to national security.

Sell-side research analysts have made their bets on trucking in 2021. Some believe a continuation in consumer spending and inventory restocking will benefit truckload carriers while others see less-than-truckload carriers gaining traction as the industrial economy advances.

Less-than-truckload carrier Saia is the first company to provide an update on shipment trends for the fourth quarter, leaving at least one analyst “encouraged.”

A commission hearing regarding concerns over CARES Act loans made to businesses “critical to maintaining national security” will likely shed more light on the rationale behind the $700 million Treasury loan to YRC.

Logistics provider ArcBest is experiencing some of the strongest tonnage trends in the company’s history. The year-over-year comparisons turned positive in August and have continued to climb.

Uncertainty will be the challenge to overcome as 2020 comes to a close. DDC’s Donna Kintop suggests carriers pay close attention to rising freight volumes, the ongoing pandemic and political tensions both domestic and abroad.

Deutsche Bank’s geofencing data shows less-than-truckload terminal activity at XPO accelerated during the third quarter while other carriers saw moderation.

Shared truckload offers shippers the opportunity to utilize truckload services to deliver partial shipments – without leaving part of the trailer empty.

In today’s edition of The Daily Dash, the third-quarter financial report from BMO suggests positive financial momentum for carriers, and a Tennessee freight brokerage continues record growth despite the COVID-19 pandemic.

DDC’s Chad Crotty recommends carriers take a managed approach between tech integration and applying practical knowledge as a workforce planning strategy.

Possible fines range from $13,000 to $130,000.

Volumes are on the rise again. DDC’s Chad Crotty details what carriers should be doing to keep pace with the recovery.

After a surge in freight over the past few weeks, UBS transportation analyst Tom Wadewitz is predicting a rough two months.