2022 Less Than Truckload Study: Trials and tribulations of rising rates

The last two years have been anything but normal, and when considering the state of the less-than-truckload (LTL) market that fact couldn‚Äôt 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

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‚ÄĒentitled OptiPro‚ÄĒthat 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‚Äôs 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 ‚Äėgreat year‚Äô as it transforms into ‚Äėsuper regional‚Äô carrier

Darren Hawkins, CEO of Yellow Corp., which controls about 10% of the $50 billion LTL market, said recently he is ‚Äúvery pleased‚ÄĚ with his company‚Äôs transformation from a national carrier with three separate regional trucking companies and a logistics arm into a unified ‚Äúsuper regional‚ÄĚ carrier with integrated services across the country. ‚ÄúIt‚Äôs important for… Continue reading Yellow CEO Hawkins predicts ‚Äėgreat year‚Äô as it transforms into ‚Äėsuper regional‚Äô carrier

XPO rolls out plan to spin-off LTL and brokerage businesses into two separate companies

Taking further steps to ‚Äúunlock value‚ÄĚ 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‚Äôs 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 ‚Äėport to porch‚Äô 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‚Äôs and Atlanta-based Nolan Transportation Group‚Äôs (NTG) logistics network… Continue reading New Transportation Insight platform offers single ‚Äėport to porch‚Äô 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. ‚ÄúCustomers are afraid to change carriers today for fear of not having enough capacity,‚ÄĚ says Chuck Hammel, president of LTL mainstay Pitt Ohio. ‚ÄúIn fact, they‚Äôre 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‚Äôs less-than-truckload (LTL) capacity as one of longest-operating trucking companies in America, is addressing the nation‚Äôs 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 ‚Äútransformational improvements to its operations over the past year.‚ÄĚ ¬† 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