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

LTL capacity will continue to be tight and rates will keep rising in 2022, but shippers can minimize the impact of this challenging market by modifying their shipping practices to be more carrier-friendly.

News & Analysis

02 Dec 2022
Hiring expectations fell short across many transportation sectors in November, with real trucking employment dropping while warehousing firms and couriers added workers.
02 Dec 2022
Stubbornly strong industrial output and pent-up demand are expected to keep pressure on trailer manufacturers to increase supply, even during a US economic slowdown.
15 Nov 2022
The US producer price indexes for long-distance truckload and less-than-truckload took separate routes in October, with LTL pricing essentially unchanged and the truckload index falling.
14 Nov 2022
Freight volumes are dropping month to month but remain higher than a year ago, buoyed by inventory repositioning and easing supply constraints for manufacturers, according to the latest Cass Freight Index.
04 Nov 2022
US truckload capacity isn’t so much declining as it is shifting, according to data, and that will pose challenges to shippers and carriers trying to access trucks, trailers, and drivers.
04 Nov 2022
For-hire trucking companies added almost 20,000 jobs last month, erasing September’s payroll cut as capacity shifts between trucking sectors.
02 Nov 2022
Tonnage began increasing year over year at XPO late in the third quarter and continued to rise in October as the less-than-truckload carrier expands capacity.
02 Nov 2022
Shippers affected by the closure of a free less-than-truckload transportation management system in October have been given a pathway to migrate to another system connected to 15 LTL carriers.
26 Oct 2022
Less demand for its customers’ goods is cutting into tonnage and shipments at Old Dominion Freight Line, but not the company’s revenue or profit.
25 Oct 2022
Freight congestion, now at inland distribution sites such as warehouses and intermodal rail terminals, and on-time delivery continue to be problems for shippers despite falling trucking costs.
24 Oct 2022
More than two years in development, a standard electronic bill of lading for less-than-truckload shipments promises to streamline the flow of data, providing greater visibility to shippers.
24 Oct 2022
US shippers will find LTL savings in 2023, but the biggest savings will go to those who can accurately forecast demand and fit freight to carrier networks, according to BlueGrace Logistics.
18 Oct 2022
An increase in US manufacturing output is putting more freight in trucks this fall, contributing to an increase in truck tonnage as measured by the American Trucking Association and others.
12 Oct 2022
LTL costs to shippers rose 0.3 percent in September and were up 15 percent year over year while truckload costs declined more slowly, according to the latest US producer price index.
07 Oct 2022
Real, unadjusted jobs in trucking dropped by 21,200 in September, an unusually high number, as contract and spot truckload rates declined.
05 Oct 2022
The less-than-truckload industry is reaching its technology inflection point, which it will need to capture rising demand from shippers seeking operators that are easy to do business with.
22 Sep 2022
A US court ruling that declared Rhode Island’s truck-only tolls unconstitutional will save tens of millions of dollars in operating and shipping costs yearly for truckers and their customers.
21 Sep 2022
US for-hire truck tonnage jumped 2.8 percent in August from July, according to the American Trucking Associations, as consumers and the US economy remained resilient despite inflation.
15 Sep 2022
The US producer price indexes (PPIs) for trucking dropped in August as contract pricing cooled and fuel prices and surcharges came down.
13 Sep 2022
MyCarrier has created automation partnerships with 15 less-than-truckload (LTL) carriers and will handle more than $1 billion in shipper freight spend, factors that induced venture firms to invest $22 million in the company.
12 Sep 2022
The average manufacturing shipping volume rose 1 percent in August year over year, while other industries saw their truck shipments drop 4.6 percent, according to FourKites.
07 Sep 2022
LTL shipments at Old Dominion Freight Line fell about 3 percent year over year in August, following a more seasonal pattern than August 2021 when shipments jumped 17 percent.
30 Aug 2022
The incoming CEO of XPO Logistics is intent on adding capacity in the form of terminals, trailers, and drivers to meet long-term demand for less-than-truckload services.
23 Aug 2022
The American Trucking Associations reports truck tonnage levels were still high in July, running counter to reports that trucking demand is weakening ahead of the fourth quarter.
16 Aug 2022
It is “highly probable” US shippers will recover at least some of last year’s truckload rate hikes, as the Cass Freight Index shows a sequential drop in truckload linehaul costs.
12 Aug 2022
Declines in the producer price indexes for various sectors of trucking reflect falling fuel surcharge revenue and lower rates in new contracts, but don’t point to a large-scale pricing rollback.
11 Aug 2022
Some of the largest US less-than-truckload carriers, including FedEx Freight, are adding terminals and doors to their networks as LTL freight demand defies the threat of economic recession.
10 Aug 2022
Strong trucking demand beyond the truckload spot market is to keep pressure on truck pricing, and will do so into 2023, speakers at a JOC webcast said Wednesday.
02 Aug 2022
The US trucking market is reinventing itself after a significant spot market correction, with larger contract carriers expecting steady freight demand through 2022 despite economic fears.
27 Jul 2022
The gap between truckload and LTL grows wider as LTL carriers maintain pricing discipline and focus on network density to drive revenue and profit growth.
20 Jul 2022
A shift of freight to contract trucking providers and rising fuel prices boosted shipper spending on trucking across the US in the second quarter, even though volumes fluctuated by region.
15 Jul 2022
A 2.4 percent drop in the long-haul truckload producer price index for June shows contract truckload rates are softening, but prices shippers pay for LTL and specialized trucking continue to rise.
14 Jul 2022
The Cass Freight Index shows volatility in shipment volumes, rates, and modal mix with the US economy in a “soft patch” in June.
12 Jul 2022
The US economy likely contracted in the second quarter, but analysts see signs of growing freight activity ahead.
08 Jul 2022
For-hire US trucking companies have added more than 62,000 real jobs since April, a record number for the period fueled by continuing strong contract freight demand.