Less-than-truckload (LTL) News, Information
Find news, information related to less-than-truckload (LTL), including service providers such as FedEx, UPS and other truckload (less than, LTL) industry topics
Latest Less-Than Truckload (LTL) News, Information
Truckload group hears good news-- tempered with cautious optimism
Motor carriers and supplier executives from across the U.S. and Canada who gathered here this week for the 72nd annual convention of the Truckload Carriers Association shared stories, mourned industry losses and expressed a cautious optimism that the worst is over and better economic times are ahead...
Freight recovery trends strengthen
Key data continues to indicate that truck freight volumes are building with improvements in rates not far behind – though analysts still remain cautious about the long-term potential of both these trends...
Earnings reflect tough ’09-- but an improving ‘10
Earnings reports are confirming that 2009 was indeed a very bad year for trucking. Yet truckload and less-than-truckload carriers along with analysts see signs of improvement in those very same numbers for 2010. However, any bump ups in freight volumes, rates, revenues and profits are likely to remain modest at best...
YRC struggles reflect changing LTL dynamic
Though YRC Worldwide secured enough participation in its debt-for-equity exchange last week to postpone a $19 million interest and fee payment as well as to secure a lifeline of sorts via a $159.8 million line of credit, its struggles – and those of the LTL industry as a whole – are far from over...
Daylight speeds up deliveries
Expedited LTL provider Daylight Transport is boosting its transit times on long haul routes, in part via a multi-million dollar investment in operations systems...
Truck freight might be seeing bottom
NEW YORK. Truck freight may be showing the first signs of a turnaround after 39 months of depressed freight volumes including sharp declines since last October, according to truckload executives addressing an audience of financial analysts here. Major LTL carriers, however, reported no changes in freight levels, which have been consistently dropping since December...
Con-way Freight named Wal-Mart LTL Carrier of the Year
Con-way Freight has been named Wal-Mart Stores LTL Carrier of the Year for the second year in a row...
Western carrier expands with new terminal
Less-than-truckload carrier Mountain Valley Express is adding a facility to its eight-terminal network...
Recession rocks trucking earnings
It's not much of a surprise that the ongoing economic turmoil – globally and domestically – is hurting both the revenues and earnings of a wide variety of freight transportation companies. What is interesting is that many are managing to stay in the black, albeit by making large cost cuts in operations, capital spending, and a myriad of other areas...
Midwestern trucking firm ends 20-yr. run
Mid-States Express, an Aurora- IL, based regional carrier, has closed its doors after 20 years in business...
Con-way Freight, TNT form international venture
A new multi-modal joint venture for expediting heavy intercontinental shipments between Europe and the U.S. is being rolled out by LTL carrier Con-way Freight and TNT...
Averitt keeps LTL prices steady
Averitt Express has announced it will not take a general LTL rate increase in 2009, citing building customer loyalty as the reason to keep rates steady...
LTL hard-hit by recession
The freight market will not recover until the end of the year at the earliest, with LTL carriers in the most dire straits because of overcapacity and weaker demand, according to Longbow Research analyst Lee Klaskow...
Con-way Freight slims down
LTL carrier Con-way Freight plans to close terminals and reduce miles within its network to reduce operating costs...
ATA to manage LTL group
Industry trade group American Trucking Assns. (ATA) has assumed management of the Distribution and LTL Carriers Association, a Kansas City, MO-based organization...
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