The last two years have been anything but normal, and when considering the state of the less-than-truckload (LTL) market that fact couldn’t be truer for shippers and carriers. And while things appear to be improving on the pandemic front, a host of issues continue to linger over the LTL sector, including inflation, continued capacity issues… Continue reading 2022 Less Than Truckload Study: Trials and tribulations of rising rates
Tag: Less-than-Truckload
Transplace’s OptiPro focuses on shipment collaboration and LTL pooling
Earlier this month, Frisco, Texas-based Transplace, a non-asset-based third-party logistics services provider and subsidiary of Uber Freight, rolled out a new addition to its Transplace Network Services offerings, with a new tech-enabled service—entitled OptiPro—that identifies cross-customer opportunities for both LTL (Less-than-Truckload) and partial truckload freight. Transplace officials said that OptiPro is comprised of what it… Continue reading Transplace’s OptiPro focuses on shipment collaboration and LTL pooling
Cowen/AFS Freight Index points to fuel-driven rate gains, for LTL and parcel, in Q2
By Jeff Berman, Group News Editor · April 20, 2022 The new edition of the Cowen/AFS Freight Index, which was recently released by New York-based investment firm Cowen Inc. and Shreveport, La.-based 3PL and freight audit and payment company AFS Logistics LLC, highlighted how rising fuel prices are having a significant impact on both parcel… Continue reading Cowen/AFS Freight Index points to fuel-driven rate gains, for LTL and parcel, in Q2
XPO Logistics announces plan to add more LTL dock doors
Greenwich, Conn.-based freight transportation services provider XPO Logistics said today it is opening up two new less-than-truckload (LTL) terminals in the second quarter, which are located in Adelanto, Calif. and Conley Ga. A company spokesperson told LM that with these new terminals, XPO is adding capacity in two strategically important areas, as well as moving XPO… Continue reading XPO Logistics announces plan to add more LTL dock doors
Yellow CEO Hawkins predicts ‘great year’ as it transforms into ‘super regional’ carrier
Darren Hawkins, CEO of Yellow Corp., which controls about 10% of the $50 billion LTL market, said recently he is “very pleased” with his company’s transformation from a national carrier with three separate regional trucking companies and a logistics arm into a unified “super regional” carrier with integrated services across the country. “It’s important for… Continue reading Yellow CEO Hawkins predicts ‘great year’ as it transforms into ‘super regional’ carrier
XPO rolls out plan to spin-off LTL and brokerage businesses into two separate companies
Taking further steps to “unlock value” for its stakeholders, Greenwich, Conn.-based truckload and less-than-truckload (LTL) services provider XPO Logistics said yesterday it plans to spin off its North American truck brokerage from its less-than-truckload business, as well as its related asset-light businesses. What’s more, XPO also announced it plans to divest its XPO Europe business… Continue reading XPO rolls out plan to spin-off LTL and brokerage businesses into two separate companies
New Transportation Insight platform offers single ‘port to porch’ access point
Earlier this week, Atlanta-based Transportation Insight Holding Company, a provider of non-asset, tech-enabled logistics and brokerage solutions in North America, rolled out a new digital logistics platform. Entitled Beon, TI said that this new platform gives shippers and carriers a single point of access to access both TI’s and Atlanta-based Nolan Transportation Group’s (NTG) logistics network… Continue reading New Transportation Insight platform offers single ‘port to porch’ access point
Less-Than-Truckload (LTL) Transportation Market Update 2022: Carriers flex muscles
The $46 billion less-than-truckload (LTL) market, plagued by high fixed costs and sometimes awkward labor relations, has rebounded to become a cash cow over the past two years. “Customers are afraid to change carriers today for fear of not having enough capacity,” says Chuck Hammel, president of LTL mainstay Pitt Ohio. “In fact, they’re all… Continue reading Less-Than-Truckload (LTL) Transportation Market Update 2022: Carriers flex muscles
Yellow adds two new driving academies, plans to train 1,000 new drivers in 2022
Yellow Corp., which controls 10% of the nation’s less-than-truckload (LTL) capacity as one of longest-operating trucking companies in America, is addressing the nation’s shortage of truck drivers head on and in house. Yellow is adding two new driving academies to its stable of 14 schools to prepare the next generation of professional truck drivers for… Continue reading Yellow adds two new driving academies, plans to train 1,000 new drivers in 2022
Roadrunner heralds transit time reductions in more than 30 U.S. markets
Downers Grove, Ill.-based Roadrunner, a national less-than-truckload (LTL) services provider, with a focus on long-haul metro-to-metro shipping, recently announced a reduction in transit times throughout its network driven by what the company called “transformational improvements to its operations over the past year.” Roadrunner said that these improvements have led to transit time reductions, for… Continue reading Roadrunner heralds transit time reductions in more than 30 U.S. markets