LTL

Additional acquisitions will fuel growth for both XPO’s transportation and contract logistics businesses, soon to be separate companies, chairman and CEO Bradley S. Jacobs said.

The sale of its $3.1 billion less-than-truckload (LTL) subsidiary narrows UPS’s focus and gives TFI International a much bigger presence in the North American LTL market, from Canada to Mexico.

After a sharp rebound in freight demand in the second half of 2020, US less-than-truckload (LTL) operators are operating more profitably and seeking higher rates for 2021, while shippers are prioritizing capacity and on-time performance.

Shippers have used the spot trucking market to account for volume surges in 2020, but they can use data to better calibrate their contracts, including short-term deals, freight procurement expert Heather Mueller tells JOC Uncharted.

Trucking’s peak season extended well into December, blunting a seasonal decline in actual trucking employment numbers and boosting seasonally adjusted job gains, according to data released Friday.

CEO Tom Schmitt says better pricing and targeted expansions beyond its air freight footprint will help Forward Air provide the shareholder value sought by activist investors.

An $89.5 million stock purchase at Forward Air aimed at increasing shareholder value should be a “wake-up call” for other less-than-truckload providers that likewise may not be as profitable as activist investors think they should be.

The truck driver turnover rate is rising at truckload carriers as they compete for employees; that is spurring a new round of pay hikes for drivers.

Pandemic-related LTL service issues that include long delays and missed deliveries have not gone away and may be resurfacing as COVID-19 surges and container volumes soar

As the US Treasury Secretary defended the $700 billion CARES Act loan that saved one of the largest US trucking firms, a GAO report criticized the Treasury’s handling of the application.

A tighter focus on transportation and technology following a corporate split will improve the service and experience XPO offers to shippers globally, the company and transportation analysts say

Although trucking employment is rising, the year-over-year gap is still large enough to throttle back capacity and keep pricing pressure on shippers.

LTL freight volumes and tonnage are increasing year over year in the fourth quarter, but the pandemic’s latest waves could slow growth until COVID-19 vaccines become available.

Flock Freight, which uses software to aggregate less-than-truckload (LTL) shipments into multi-stop truckloads, has received more than $100 million to expand its alternative to the hub-and-spoke model.

Automation, self-invoicing bolster traditional third-party payment audit model

The 95-year-old founder of A-P-A Transport helped define LTL trucking in the regulatory era, before establishing NY Waterway.

Shippers will need to look not just at multiple transportation modes, but across modes, to secure capacity in 2021, digital broker Loadsmart said.

Higher pay is just a starting point for the solution to a resurgent driver shortage, J.B. Hunt’s Shelley Simpson tells the JOC Inland Distribution Webcast. Greater efficiencies, more shipper cooperation are key to improving driver jobs.

An ‘insatiable demand’ for truck capacity and a US loan are helping LTL operator YRC Worldwide expand capacity and intermodal services in the Central-South.

More large goods are being sold online and delivered by LTL carriers such as Southeastern Freight Lines, as retailers seek multiple capacity options to reach consumers

The long run-up in spot market truckload rates and truck freight demand may be reaching its peak, but don’t expect a quick descent, speakers at the Transplace Shipper Symposium said Wednesday.

As capacity tightens at the US-Mexico border, truckload carrier CFI is building a series of consolidation centers to expand its efforts to capture Mexico-bound less-than-truckload freight and provide shippers with more capacity.

The purchase of Value Logistics gives Forward a bigger intermodal presence in the South-Central distribution hub as freight volumes of all types rise, said CEO Tom Schmitt.

The new rate differential tracked by DAT chief scientist Chris Caplice is rising at a faster pace, a sign that shippers will see a greater increase in truckload contract rates.

Rising local trucking employment in the US and higher pricing highlights a shifting balance in transportation networks accelerated by double-digit growth in e-commerce sales.

US shippers are returning to the ‘shipper of choice’ model as a peak season unlike any other looms ahead, trucking executives told the virtual CSCMP 2020 Edge conference this week.

A new integrated distribution center just outside Hagerstown, Maryland, will position regional LTL carrier A. Duie Pyle for greater growth in Virginia and along the I-70 and I-81 corridors as freight demand approaches 2019 levels.

The acquisition of CLW Delivery gives expedited trucking operator Forward Air custom final-mile delivery services and new territory, as its LTL and final-mile businesses converge.

US for-hire trucking companies are rehiring truck drivers at a rate slower than the acceleration of freight demand, contributing to rising pressure on truck rates and US shippers.

The flood of imports to Los Angeles and Long Beach this summer is squeezing truckload and LTL capacity on inland truck routes, more than doubling spot rates to Chicago, as intermodal capacity and e-commerce deadlines remain tight.

Less-than-truckload shipments and tonnage at Saia in August were about where they were a year ago, when the carrier already was growing faster than its LTL competitors. That underscores broader LTL growth.

After selling its last remaining non-LTL subsidiaries, Roadrunner Transportation plans to shorten transit times on more lanes, improve service, and win over LTL shippers and drivers.

The largest US and Canadian truckload and LTL carriers have grown substantially over the last decade, despite short-term economic woes, according to data from SJ Consulting Group.

With a new integrated distribution center in Massachusetts and another under construction in Pennsylvania, northeastern regional LTL carrier A. Duie Pyle is resuming expansion plans interrupted by COVID-19.

With volume returning, less-than-truckload operators are putting more pressure on shippers to raise rates.

Supply chain disruption and the spread of COVID-19 may have limited carrier ability to add drivers and other employees last month, despite heightened demand.

The disruption and dislocation caused by the COVID-19 pandemic puts a premium on shipper visibility into LTL networks via digitization, as well as “touchless” pickups and deliveries.

The less-than-truckload (LTL) industry is catching the wave of digitization transforming supply chains, as e-commerce heightens shipper demand for improved service and visibility.

Uber Freight and CH Robinson announced links with accounting and ad hoc project software providers, a sign they need to extend their range of services to reach pools of small shippers.

Amid reports of tightening LTL capacity, ODFL, ArcBest’s ABF Freight, and XPO look to put more distance between their businesses and April’s steep decline in volume.