The less-than-truckload sector has been disrupted by a very public dispute between Yellow and the Teamsters. Rates have already seemingly responded and may continue to see support.
Estes Forwarding Worldwide and project44 have developed a rating API that provides expedited quotes for LTL shippers.
Less-than-truckload carrier Saia sees tonnage gains carry into the third quarter.
Hunker down once more; things appear to be heating up for LTL demand heading into the summer months.
In today’s edition of The Daily Dash, Old Dominion is the latest LTL carrier to announce a rate increase. Plus, SONAR data shows a freight market moving sideways, and Forward Air reaffirms its direction in spite of activist shareholder pressure.
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.
Logistics provider ArcBest beats third-quarter expectations by 50%. Improved demand and cost management drive the result.
YRC Worldwide announced several changes in its third-quarter report. The biggest was that the carrier has already accessed CARES Act relief money to replenish its fleet.
Less-than-truckload carrier Old Dominion looks to build on its record third-quarter operating ratio in what it expects will be a “robust” 2021.
Shared truckload alleviates LTL pain points
Cost initiatives and spot market freight ease the impacts of a choppy pandemic-impacted freight market. ArcBest’s improving trends lead to reinstated wages and benefits.
Since last year, Banyan Technology has offered LTL carriers a tool to provide special pricing incentives to shippers. Now it is adding data insights to make that tool more effective.
While less-than-truckload volumes may not have rebounded sequentially from April, one sell-side analyst sees acceleration in recent weeks as bullish for the industry.
Saia’s multi-year terminal expansion project drives earnings results well ahead of expectations.
Carriers are hopeful that Q2 will be much less chaotic than last quarter.
ArcBest battens the hatches on coronavirus concerns. The company draws down available credit and implements business continuity plan.
Old Dominion Freight Line announces a 4.9% general rate increase after reporting market stabilization in January.
Rates seem to be recovering from 2019’s downward spiral.
The stories that will keep you in front of the pack.
Recon Logistics President expects LTL rate increases in the new year.
A long-term strategy to maintain pricing discipline has propelled the once-damaged LTL sector to one of its best decades ever.
Industry detail from the Producer Price Index showed rates in trucking increased modestly, though long-distance truckload rates continued to decline.
