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
21 Jan 2015
The Teamsters union suffered a pair of setbacks this week in its drive to organize FedEx Freight, the largest U.S. less-than-truckload carrier.
20 Jan 2015
Asset-light less-than-truckload carrier Shift Freight is expanding from its U.S. West Coast base to the Midwest and Northeast, building out its third-party-based LTL network.
15 Jan 2015
U.S. freight shipments and shipper transport spending both dropped from the previous month in December, but remained close to a post-recession high, according to the Cass Freight Index.
12 Jan 2015
Larger international shippers increasingly use UPS's expedited freight service as a strategic "cushion" or aid in supply chain planning, as well as for urgent shipments.
09 Jan 2015
Con-way Freight drivers and dockworkers in Bakersfield, California, this week voted to not join the Teamsters, marking the fifth time company employees have rejected the union.
09 Jan 2015
For-hire trucking companies tracked by the Labor Department hired 7,300 employees in December, capping a year-end hiring surge.
06 Jan 2015
ABF Logistics, a subsidiary of transportation holding group ArcBest, expanded by acquiring truckload brokerage Smart Lines.
19 Dec 2014
Geoff Mussig, Executive VP and Chief Marketing Officer, Pitt Ohio, responds to questions about the authenticity of the company’s eco-friendly initiatives and approach to sustainability.
17 Dec 2014
Rising volumes propelled FedEx profit up 23 percent year-over-year to $616 million in its second quarter ended Nov. 30, the second-largest U.S. transport operator reported today.
16 Dec 2014
An American Trucking Associations survey of 130 trucking companies places median truck driver pay in a range from $46,000 to $73,000 a year, depending on the type of company they work for and freight they haul.