Better operating margins are finally on the horizon for the less-than-truckload industry. LTL profitability has been dismal for years, with most large carriers reporting operating ratios above 95.
News pertaining to less than truckload shippers, small freight, parcel carriers and more.
News & Analysis
26 Aug 2014
An increase in U.S. manufacturing activity and imports is driving business to third-party logistics companies as shippers turn to 3PLs for freight capacity on highways and rails.
25 Aug 2014
YRC Freight upgraded three terminals to distribution centers to help better manage higher freight volumes, completing a process begun in June in time for the fall peak shipping season.
22 Aug 2014
After five years with Roadrunner Transportation Systems, Donald R. Foust returned to YRC Worldwide as president of New Penn, the $4.9 billion trucking operator’s Northeastern subsidiary.
16 Aug 2014
Drug Transport, a 55-year-old trucking company also known as DTI, is joining the growing list of smaller carriers filing for bankruptcy protection as trucking costs rise in the U.S.
11 Aug 2014
Roadrunner Transportation has entered into a definitive deal to acquire Active Aero Group for $115 million.
08 Aug 2014
Troubles in the Pacific Northwest dominated the news this week.
04 Aug 2014
ArcBest’s net profit tripled year-over-year to $17.2 million as revenue rose 14 percent to $658.6 million in the second quarter.
Weekly wrap-up for Aug. 2, 2014: Vancouver penalties cutting truck turn times; congestion worsens at North European ports
02 Aug 2014
Port Metro Vancouver’s penalty system for terminals is cutting truck turn times and drawing attention from other North American ports struggling with drayage challenges. And congestion seen earlier this year at Rotterdam has continued, prompting diversions and surcharges, and the congestion is spreading to other ports in the North Europe range.
01 Aug 2014
At times, there can be such a thing as too much freight. When total shipments per day at YRC Freight rose 4.8 percent in the second quarter, and freight tonnage was up 5.9 percent year-over-year, the increase meant more hiring, more handling and higher operating costs.
01 Aug 2014
The first half of 2014 saw the start of several stories that JOC.com will most likely be covering for the next year and perhaps beyond.