The less-than-truckload industry saw some resurgence in 2014 with carriers’ ability to dig out of suboptimal returns from low-single-digit operating margins. Third-quarter results for publicly traded LTL carriers show a collective operating ratio of 92, a significant improvement from 94 a year ago. This should give LTL carriers optimism about achieving a much-needed 10 percent operating margin by the third quarter of 2015.
News pertaining to less than truckload shippers, small freight, parcel carriers and more.
News & Analysis
24 Feb 2015
Increase shows momentum of U.S. economic recovery keeping pace, as American Trucking Associations tonnage index rises to highest level on record.
24 Feb 2015
Don't be fooled by a seasonal drop in net trailer orders in January — a stronger economy and changing equipment strategies are contributing to a "vibrant" trailer market in the U.S., as FTR sales data show.
23 Feb 2015
The five largest U.S. border crossings by truck increased truck volume 4 percent in 2014, with Laredo, the largest truck crossing point, processing 5.5 percent more trucks than in 2014.
20 Feb 2015
The publicly owned trucking companies tracked by JOC.com finished 2014 with $41.5 billion in combined revenue, a 10.9 percent improvement over 2013 attributed to growing industrial output, imports, exports and consumer confidence.
18 Feb 2015
Shippers could see truck pricing 'skyrocket' as they scramble to move containers inland once the labor situation at U.S. West Coast ports is resolved, BB&T Capital Markets said.
11 Feb 2015
Last-mile logistics services are rapidly evolving as consumers increasingly by goods online, including bigger, heavier goods. XPO Logistics acquired its fourth last-mile company, UX Specialized Logistics, this week.
06 Feb 2015
Expedited business is up 10 percent year-over-year at regional Western trucking company Reddaway, thanks in part to extreme delays at West Coast ports.
04 Feb 2015
Saia's $25 million purchase of LinkEx, an intermodal logistics firm with international and domestic U.S. business, reflects growing interest in global freight among U.S. LTL carriers.
04 Feb 2015
Regional less-than-truckload carrier Reddaway is the latest trucker to offer an accelerated service option as port congestion and tight truck capacity challenge time-definite supply chains.
02 Feb 2015
LTL trucker Saia increased revenue and profit for 2014 and the fourth quarter. New equipment that captures the cubic dimension and weight of shipments helped.