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

02 Dec 2021
The ninth-largest LTL carrier is in a race to build out its network capacity as more freight and heavier shipments hit its docks.
19 Nov 2021
Teamsters rank-and-file members have elected critics of outgoing General President James P. Hoffa to lead the union in a more militant direction.
12 Nov 2021
Southeastern Freight Lines is working with Relay Payments to automate accessorial payment processes such as “lumper fees” as LTL firms look to digitize more aspects of their business.
05 Nov 2021
Bigger than expected gains in warehousing and trucking in October are welcome amid ongoing reports of labor shortages.
05 Nov 2021
The Biden administration’s COVID-19 vaccination and testing mandate for large employers will affect truck capacity and pricing, but questions about the extent of its impact remain.
04 Nov 2021
A survey of independent truckers and small trucking firms by Truckstop.com and Bloomberg Intelligence found them optimistic about the potential for higher contract and spot rates next year.
03 Nov 2021
A truck driver survey underscores the threat of potential service disruptions from an upcoming US vaccine mandate for large employers, with 36 percent of drivers showing no interest in vaccination.
02 Nov 2021
Trucking companies are seeking an exemption to the COVID-19 vaccine mandate being implemented by the US government for large employers, which they say would further disrupt already tight US trucking capacity.
29 Oct 2021
With less-than-truckload demand high and capacity tight, TFI International is clawing back its US LTL network to improve freight and lane density and profitability.
28 Oct 2021
Tight LTL capacity and rates that have climbed by double digits are creating opportunities for more dynamic LTL pricing, if it can be shown to benefit shippers and carriers.
21 Oct 2021
C.H. Robinson Worldwide is linking its less-than-truckload carrier network to the retail platform offered by SPS Commerce to help shippers get retail goods onto shelves and avoid holiday stockouts.
20 Oct 2021
Flock Freight is the latest logistics technology company to reach so-called unicorn status after landing a $215 million funding round led by SoftBank to expand its pooled truckload model.
13 Oct 2021
A reallocation of assets and workers across the transportation landscape, combined with inventory rebuilding, complicates the outlook for US shippers in 2022, speakers told the JOC Inland Distribution webcast.
08 Oct 2021
The for-hire trucking industry lost 1,600 jobs last month, but the Labor Department expected a bigger drop, as transit, warehousing and courier employment surged.
08 Oct 2021
LTL carriers including Old Dominion Freight Line are turning to surcharges to keep over-sized, unwieldy shipments from clogging their networks, taking a page from parcel carriers.
05 Oct 2021
Recent merger and acquisition activity, such as the ArcBest-Molo deal, proves many investors believe opportunity lies in third-party logistics providers.
29 Sep 2021
The $235 million acquisition of MoLo Solutions will double ArcBest’s available capacity and reflects an industrywide drive to access capacity across modes and networks.
27 Sep 2021
Trucking equipment manufacturers are raking in new orders for trailers and tractors, but it may be well into 2022 before they roll off production lines ready to move freight.
22 Sep 2021
The largest US trucking company, FedEx Freight, is improving profits while handling more cargo, as sister division FedEx Ground deals with congestion blamed partly on labor shortages.
21 Sep 2021
Demand fueled tonnage growth at for-hire contract carriers in August, according to the American Trucking Associations, but supply chain disruption and shortages still constrain overall capacity.
07 Sep 2021
Less-than-truckload carrier Old Dominion Freight Line hopes to counter the threat of COVID-19 to its own employees and its customers with a financial vaccination incentive.
03 Sep 2021
A stronger than expected round of hiring in August brought transportation and warehousing payrolls back to pre-pandemic levels, but new employees aren’t distributed evenly.
03 Sep 2021
Rather than adding terminals, XPO says it is deploying technology to better utilize existing space in its trailers and speed trucks, effectively expanding the capacity it can offer customers.
29 Aug 2021
Instead of waiting for autonomous trucks, shippers starving for capacity should automate processes starting with freight pickup and delivery to save drivers time, says MIT FreightLab’s co-director.
24 Aug 2021
A rising tide of late shipments in the trans-Pacific trade is tying knots in US surface transportation networks and increasing the need for safety stock.
20 Aug 2021
As supply chain disruption increases, tracking technology and higher detention charges are two methods LTL carriers are using to combat trailer detention and encourage shippers to speed turns
12 Aug 2021
Forget the fall, the peak US truck shipping season is under way now, trucking analysts say, with spot truckload rates elevated and contract rates still climbing.
11 Aug 2021
Trucking rates may be nearing their high point, but there’s little sign they will drop anytime soon in a market still dealing with chaos caused by COVID-19 disruption, high demand, and constrained capacity.
10 Aug 2021
Old Dominion Freight Line, the second-largest US LTL carrier, is accelerating a $275 million expansion plan as surging LTL becomes more central to the consumer economy.
22 Jul 2021
The acquisition of third-party logistics provider Transplace will transform Uber Freight, providing greater access to shippers, as it builds a “fully-scaled” logistics platform.
15 Jul 2021
Digital broker Uber Freight is expanding its truckload platform to encompass LTL, as strapped US shippers turn to LTL carriers and 3PLs such as BlueGrace for capacity.
14 Jul 2021
An ‘unprecedented’ number of new motor carriers is hitting US roads, but they represent a shift in capacity, not an expansion, according to experts.
12 Jul 2021
Shortages of trailers, containers, chassis, and drivers helped draw down volumes 3 percent in June from May, but the rates measured by the Cass Freight Index shot up 11 percent month to month.
09 Jul 2021
More buyouts, big and small, are likely in trucking as carriers battle for assets and especially truck drivers. But they’re also responding to opportunities created by shifts in freight demand.
07 Jul 2021
US shippers need to rethink how they move goods across the US-Mexico border, experts say, as supply chain disruption tightens truck capacity and amplifies an imbalance in north-south trade.