LTL Trucking Logistics

LTL Trucking Logistics

News pertaining to the transportation and logistics services provided by LTL (Less than truckload shipping or less than load (LTL) carriers, which transport relatively small freight. The alternatives to LTL carriers are parcel carriers or full truckload carriers. Parcel carriers usually handle small packages and freight that can be broken down into units less than 150 pounds (68 kg). Full truckload carriers move freight that is loaded into a semi-trailer. Semi-trailers are typically between 26 and 53 feet (7.92 and 16.15 m) and require a substantial amount of freight to make such transportation economical

Finally, the most commonly referenced LTL are shipments via “common” carriers that handle freight above what would normally ship via FedEx Ground, or UPS or U.S. Mail parcel services (about 150 pounds), to just under what would usually be considered a Truck Load at about 20,000 pounds or more than 14 pallets. LTL common carriers are also more likely to accept loose (non-palletized) cargo than the other two. The biggest of the LTL “Common” Carriers are the Freight divisions of FedEx and UPS, and YRC Freight (Formerly Yellow Freight and Roadway). Other large national carriers include YRC, FedEx Freight, or UPS Freight, such as: Old Dominion Freight Lines, Saia, or Estes-Express to name a few.

Top 25 LTL Trucking Companies

Commentary

Pricing from the National Motor Freight Classification still works and with some low-cost tweaks, it can work even better.

News & Analysis

28 Apr 2021
Freight broker and forwarder C.H. Robinson is growing LTL volume "faster than the marketplace” as US shippers scramble to find available capacity for shipments.
22 Apr 2021
The second-largest standalone US LTL carrier says it will build four to six additional terminals this year, as demand for retail and industrial freight pushes LTL carriers to expand.
21 Apr 2021
The 50 largest US trucking operators increased combined revenue 7.4 percent in a recession as consumers drove frenzied freight demand.
20 Apr 2021
Unadjusted US tonnage data from the American Trucking Associations shows freight returned to the highways after a frozen February, propelling truck spot pricing to a new ceiling.
19 Apr 2021
The asset-light, long-haul LTL carrier Roadrunner Freight is pursuing 'enterprise’ shippers as well as 3PLs as it re-engineers its network while focusing on service quality and operating margins.
13 Apr 2021
Darrel Harris joined the former YRC Worldwide in November and will now lead efforts to transform Yellow into a profitable multi-regional less-than-truckload carrier.
05 Apr 2021
US trucking companies reversed a three-month decline in jobs in March, but they haven’t escaped the employment crater created by the COVID-19 pandemic and recession.
01 Apr 2021
US trucking companies already running at full capacity will soon be receiving even more freight as manufacturing activity expands.
30 Mar 2021
Truck driver pay is improving, and that may be keeping more drivers behind the wheel, rather than jumping from job to job.
23 Mar 2021
A veteran of freight broker GlobalTranz has landed an $8 million funding round to enhance a multi-carrier marketplace and transportation management system for less-than-truckload shippers.
16 Mar 2021
Tight truck capacity is a prime reason for the growth of dedicated trucking, but not the only one. Shippers are using dedicated as a tool to influence customers and reshape supply chains.
16 Mar 2021
Although the less-than-truckload sector is experiencing unprecedented growth thanks to changes in the e-commerce supply chain, it is still operating with the shackles of decades past and has largely been shielded from new entrants.
11 Mar 2021
US freight demand is “through the roof” after supply chains broke down during February’s winter storms, trucking companies say. More freight may be shifting from spot markets to contractual partners as networks are restored.
11 Mar 2021
Small regional or localized LTL carriers may also be riding the e-commerce wave, providing capacity for local fulfillment and delivery, while their larger competitors carve out middle-mile business.
05 Mar 2021
The transportation and warehousing sector lost fewer jobs than anticipated in February, but trucking companies saw deeper than expected job losses in a storm-wracked month.
03 Mar 2021
To secure capacity, truck shippers must offer freight that ‘fits’ a carrier’s network of lanes, vehicles, and drivers, speakers at a virtual TPM21 panel said.
02 Mar 2021
Old Dominion Freight Line in February handled more and heavier LTL shipments than a year ago as shippers hit hard by winter storms searched for truck capacity.
25 Feb 2021
COVID-related dock bans on truck drivers and greater use of digital receipts are leading to more clashes over short or damaged shipments, according to speakers at a T&LC webinar.
22 Feb 2021
Less-than-truckload carrier Yellow is opening 12 driver training schools as operators across the US trucking industry are struggling to find enough experienced drivers to satisfy growing industrial and retail freight demand.
17 Feb 2021
Texas is the epicenter of supply-chain damage caused by Winter Storm Uri, but the disruption is being felt nationwide. Mexican imports by truck may be delayed for days.
12 Feb 2021
Old Dominion Freight Line is closely following big box retail customers, adding new service centers as e-commerce spurs construction of new distribution centers.
08 Feb 2021
The loss of 84,300 trucking and warehousing jobs in January -- actual numbers before seasonal adjustment -- makes prospects for tighter capacity and higher rates for US shippers in the months ahead more certain.
Transplace urges shippers to actively manage routing guides and optimize networks now, rather than attempt to “time the market.” Photo credit: Shutterstock.com.
03 Feb 2021
Fewer trucking companies are responding to shipper bids, as contract truckload pricing rises by high single-digit percentage rates, Transplace executives said Tuesday.
26 Jan 2021
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.
25 Jan 2021
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.
19 Jan 2021
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.
14 Jan 2021
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.
08 Jan 2021
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.
05 Jan 2021
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.
30 Dec 2020
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.
17 Dec 2020
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.
11 Dec 2020
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
10 Dec 2020
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.
07 Dec 2020
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
04 Dec 2020
Although trucking employment is rising, the year-over-year gap is still large enough to throttle back capacity and keep pricing pressure on shippers.