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

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.
27 Dec 2021
Pandemic-born disruption will continue forcing logistics practitioners to rework supply chains in 2022 to deal with ongoing congestion and equipment shortages.
17 Dec 2021
FedEx Freight handled higher freight volumes and helped with the delivery of FedEx Ground packages this fall, relying on price hikes and “judicious” network management.
16 Dec 2021
Once often discounted, general rate increases are going to stick as LTL trucking demand grows faster than capacity.
14 Dec 2021
The diversion of freight from intermodal rail to truck adds miles to import shipments, significantly increasing costs, the Cass Freight Index finds.
13 Dec 2021
LTL shippers that used Central Freight Lanes should expect their transportation costs to rise in a tightening market in the wake of the Texas-based carrier’s sudden closure.
07 Dec 2021
The for-hire trucking industry lost jobs in November, as it typically does, but fewer than anticipated as couriers and warehouses grabbed the most new employees amid strong pre-holiday demand.
06 Dec 2021
The largest US truckload operator acquired its second LTL carrier this year, bringing it closer to a national network and more than $900 million in LTL revenue.
06 Dec 2021
Several factors are diminishing shipper expectations for new truck capacity in 2022, as Class 8 truck production and delivery dates are pushed out more than a year and backlogs build.
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.