Trucking Sector Weakness Looms Over Q3 Results
The trucking industry continued to bounce along the bottom of the freight cycle with third-quarter earnings being generally weak, according to analysts.
November 14, 2024What's That? Less-Than-Truckload (LTL)
Less-than-truckload shipping is used to transport freight that doesn’t require a full truckload trailer. In general, most LTL shipments weigh between 500 and 15,000 pounds, and are shipped on pallets and only require a portion of a trailer. Since LTL shipments don’t use an entire truck, free space on the truck is often shared by other shipments from other shippers or carriers.
June 18, 2024Census Bureau: Two Trucking Sectors Prospered During Pandemic
Freight forwarding and longhaul trucking for truckload experienced the highest business booms for revenue during the pandemic, a new U.S. Census Bureau transportation analysis shows.
September 29, 2023NMFTA Developing API Road Map for LTL Shipment Data
The Digital LTL Council is developing a set of application programming interface standards covering the full life cycle of less-than-truckload shipments, from quote to cash.
September 18, 2023Flock Freight Scores $215 Million for Tech That Finds Available Space on Trucks
Flock Freight, an Encinitas, Calif., trucking logistics firm that aims to revolutionize the way freight moves across the country, has landed another $215 million in venture capital.
October 20, 2021TFI Buys Normandin Transit
TFI International purchased Normandin Transit, a provider of less-than-truckload and truckload freight services in the United States and Canada.
April 6, 2018Saia Continues Rapid Expansion With New Terminal in St. Louis Market
Saia Inc. opened a new terminal in St. Peters, Mo., about 35 miles west of St. Louis, the less-than-truckload carrier’s latest in a wave of expansion across the Midwest, Mid-Atlantic and Northeast in 2017.
October 21, 2017LTL Sector Enjoys Fruitful 2017
Indications are that the truckload market is bouncing back from some rough conditions earlier this year, according to industry analysts at Stifel, Nicolaus & Co.
September 12, 2017LTLs Report Sizable Quarterly Profit Gains on Improved Rates, Rising Tonnage Levels
Four of the largest U.S. less-than-truckload operators improved profitability by 25% or more in the third quarter, powered by improved rates, carriers’ earnings reports showed last week.
November 3, 2014Higher LTL Profits Expected in 4Q, But Slower Growth in TL, Logistics
Most publicly traded less-than-truckload operators are likely to report improved results when fourth-quarter earnings reports begin this week, but profit growth in other sectors is expected to be slower, analysts predict.
January 20, 2014