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

23 May 2022
US Labor Department data that includes contract rates shows no drop in overall truck pricing in April, despite a truckload spot market rate plunge.
18 May 2022
Increases in industrial production and retail sales in April suggest continuing strength in overall freight demand, despite tumbling truckload spot rates.
13 May 2022
The debate over whether a freight recession is starting in US trucking is getting hotter as spot rates decline but other demand and pricing indicators stay positive.
11 May 2022
Demand for LTL capacity is rising even faster than carriers can add terminals and doors, pushing rates higher still.
10 May 2022
Forward Air is acquiring a Seattle-based drayage company as part of its strategy to direct more transloaded international container freight to its expedited LTL network.
22 Apr 2022
Knight-Swift now gets 13 percent of its revenue from its regional less-than-truckload subsidiaries, as it adds terminals and expands from a “super-regional” to a national footprint.
20 Apr 2022
Carrier executives say US transportation markets are stabilizing, with spot rates falling as freight shifts to contract carriers, but new approaches to contracting and planning are needed to control costs.
18 Apr 2022
Recent gains in manufacturing activity, including consumer goods production, suggest continued expansion of US freight demand while dampening worries about retail spending.
15 Apr 2022
Trucking revenue broke records in 2021, riding on a wave of mergers and acquisitions as well as swelling rates and unrelenting demand, and analysts forecast that 2022 will continue the positive trend.
14 Apr 2022
Truckload spot rates have cooled considerably in the last 45 days, but a larger freight recession may not be on the horizon given demand remains strong in other modes of commercial transportation.
07 Apr 2022
Forwarding software provider Magaya is wading into the less-than-truckload technology market with an automated pricing tool meant to help its customers quote faster to shippers.
16 Mar 2022
Growing e-commerce and import-export business is pulling Northeast regional LTL carrier A. Duie Pyle south to Virginia, where it plans to open three terminals and connect to ports.
14 Mar 2022
The sudden increase in fuel-related shipping costs caused by the war in Ukraine is already changing how shippers plan to move goods within the US, forcing them to consolidate shipments and even change modes.
11 Mar 2022
Less-than-truckload provider Yellow denied liability but agreed to settle a longstanding allegation that it charged the US Department of Defense too much for certain shipments before 2013.
09 Mar 2022
The truckload and less-than-truckload markets are closer than ever, as retail demand and inventory replenishment put pressure on capacity, Knight-Swift CEO David Jackson says.
08 Mar 2022
XPO Logistics is spinning off its North American truckload brokerage business and looking to sell off its intermodal group.
08 Mar 2022
Combined revenues among the 25 largest US LTL trucking companies jumped more than 20 percent in 2021, and the market conditions that allowed for that record-setting revenue growth remain firmly in place in early 2022.
07 Mar 2022
Double-digit increases in tonnage and volume at two of the largest less-than-truckload carriers in February reflect strong overall demand from US retail and industrial shippers.
02 Mar 2022
As container lines pull back on inland point intermodal (IPI), US importers are rethinking their landside delivery plans and containerized freight is moving further inland before being deconsolidated.
28 Feb 2022
On-dock automation and better analytical tools are helping linehaul LTL carrier Roadrunner cut transit times in 120 lanes as LTL shippers increase demand for speed, especially from ports.
23 Feb 2022
Higher rates and accessorial charges helped the largest US less-than-truckload carriers add revenue at an unprecedented pace last year, with the five fastest-growing companies increasing their top line between 30 and 40 percent.
18 Feb 2022
Trucks are no longer blocking the US-Canada border, but spot truckload rates in cross-border lanes remain high, and shippers have been warned of the threat of additional disruption.
10 Feb 2022
Visibility software company FourKites is tracking a drop in cargo volumes and on-time performance in northbound shipments as protesting Canadian truck drivers bring more disruption to the US-Canadian border.
09 Feb 2022
The $1.6 billion acquisition of Pilot Freight Services gives Maersk greater power to integrate ocean, air, and land-based services from the first to last mile.
08 Feb 2022
With delays and port congestion common, and transload capacity tight, less-than-truckload carriers are playing a bigger role in moving containerized freight inland.
04 Feb 2022
The pipeline of freight feeding less-than-truckload carriers is getting bigger, expanded by growth from traditional industrial sources and imports moving into LTL trucking networks.
02 Feb 2022
A trucker blockade at a small US-Canada border crossing will bring big cost increases for cross-border shippers, as US carriers begin to embargo or reroute freight hundreds of miles.
01 Feb 2022
Changes in shipper needs accelerated by the pandemic added more than $1 billion in revenue to ArcBest’s topline last year, driving growth in its asset- and asset-light services.
26 Jan 2022
Proactive steps taken by US and Canadian motor carriers and shippers ahead of vaccine mandates for truck drivers are keeping cross-border freight flowing despite earlier fears of disruption and delays.
25 Jan 2022
High freight demand, driven by US imports and e-commerce, will keep pressure on less-than-truckload capacity and pricing in 2022, speakers said at the annual SMC3 JumpStart conference.
18 Jan 2022
XPO is adding new facilities and technology to its less-than-truckload network, reducing reliance on third parties.
13 Jan 2022
Shippers “will have to be innovative” to avoid delays caused by COVID-19 vaccine mandates for truck drivers crossing the US-Canadian border.
11 Jan 2022
E-commerce demand, inventory restocking, and increased manufacturing output will keep LTL carriers in flux and LTL pricing high in 2022.
07 Jan 2022
Seasonality was behind the large increases in courier and delivery employment and a drop in trucking employment last month; beneath the surface, there’s tooth-and-nail competition for labor.
06 Jan 2022
The fast-spreading variant of COVID-19 likely won’t affect trucking as much as warehousing and aviation, but its indirect impact will put more pressure on already high trucking costs.