Stay Up to Date on the LTL Industry, brought to you by Old Dominion Freight Line.
Less than truckload (LTL) refers to shipping services for relatively small loads of freight (typically between 150 and 15,000 pounds). One of the main benefits of the LTL industry is cost efficiency. LTL trucking allows shippers to combine several loads going to the same facility into one truck, creating economies of scale, with each shipper only paying for the space they use. On the flip side, LTL shipping can take longer to plan and organize. Shipments may also take longer since the truck has to be filled before it leaves and may have to make multiple stops or transfers on the way to a given destination.
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FedEx Freight outlined financial targets and operational initiatives ahead of a June separation from parent FedEx Corp.
FedEx Freight was again a drag on FedEx Corp.’s consolidated results, which came in ahead of expectations.
Shares of Forward Air moved sharply lower on Wednesday after a stock market news site reported a full-company sale is “unlikely.”
ArcBest’s February update displayed stable results for its less-than-truckload segment, while its outlook for asset-light operations improved.
An update from Old Dominion Freight Line showed volume and revenue declines slowed in February.
Full ACT Expo 2026 speaker lineup announced: Incoming FedEx Freight CEO John Smith opens May 4 in Las Vegas. Nearly 400 executives include Rivian, Mack Trucks, Tesla, Waabi, Aurora and Amazon.
Less-than-truckload carrier Saia’s tonnage declines moderated in February, with volumes remaining higher on a two-year-stacked comparison.
XPO sees tonnage return to positive territory in February.
Forward Air said it is “nearing the conclusion” of a strategic review, which investors called for following the company’s controversial merger with Omni Logistics.
Less-than-truckload carrier Averitt announces expansion plans to its terminal network.
TFI International’s estimate for first quarter earnings is reflecting a difficult ongoing quarter.
The US LTL operations at TFI International showed some signs of improvement.
Less-than-truckload carrier Saia missed fourth-quarter expectations on Tuesday but said the recent period could mark the trough for margins.
Less-than-truckload carrier Saia missed fourth-quarter expectations ahead of the market open on Tuesday.
XPO’s less-than-truckload tonnage was flat in January, breaking an 18-month stretch of declines.
XPO beat fourth-quarter expectations on Thursday.
Less-than-truckload carrier Old Dominion voiced optimism about a potential demand inflection but cautioned that this cycle has been full of false starts.
Old Dominion Freight Line beat fourth-quarter expectations as cost management and yield hikes helped offset volume declines.
Amazon is starting to curry favor with potential customers of an LTL offering.
ArcBest is cutting costs and improving processes as the market looks to shake off a prolonged downturn.
Transportation and logistics provider ArcBest missed fourth-quarter consensus expectations.
FedEx Freight has its first rating from a credit agency and it’s less than FedEx.
Missed pickups have long been an accepted cost of doing business in less-than-truckload shipping. They’re frustrating, inefficient and expensive, but for an industry built on shared capacity and tight scheduling, they’ve often felt unavoidable. C.H. Robinson is betting that doesn’t have to be the case. The logistics provider has rolled out a new set of […]
A regional LTL carrier is adding a surcharge to compensate for costs created by Pacific Northwest regulations.
Knight-Swift Transportation outlines a path to margin recovery in 2026 following a fourth quarter that was worse than expected.
Knight-Swift Transportation misses fourth-quarter expectations.
A. Duie Pyle is expanding near the Port of Virginia with an integrated LTL and warehousing facility.
Abilene Motor Express, owned by Knight Swift, will no longer be standalone in the company.
Less-than-truckload rates hit a new high in the fourth quarter while the truckload market displayed “tentative signs of recovery.”
Southeastern Freight Lines is expanding Mexico connectivity through a new partnership with Fletes México Carga Express.
Large carriers didn’t have the appetite for big M&A in 2025, instead focusing on cost cutting and doing more with less.
Struggling Midwest regional less-than-truckload carrier Standard Forwarding Freight is shutting down operations while it evaluates its options.
A strike against a West Coast LTL carrier in 2008 began a long legal battle that may be coming to an end.
Weak shipment counts have pushed profit expectations lower at FedEx Freight.
A federal bankruptcy court in Delaware has approved the sale of three Yellow Corp. terminals for $4 million.
Brad Jacobs is stepping down as executive chairman of XPO and RXO.
California pilot delivers 500-mile Range, cuts emissions by 50 metric tons yearly
Old Dominion Freight Line’s November update showed modest improvement from October.
Less-than-truckload carrier Saia reports tonnage improvement in November.
ArcBest reported improvement in revenue trends during November but reiterated its expectation for margin erosion in the fourth quarter.
XPO’s fourth-quarter update showed less-than-truckload trends largely in line with the company’s prior guidance.
Bankrupt Yellow Corp. has settled its withdrawal liabilities with 14 multiemployer pension plans.
A final plan for distributing bankrupt Yellow Corp.’s remaining assets, valued at over $600 million, received approval on Monday.
Freight shipment declines widened in October, Thursday data from Cass Information Systems showed.
Bankrupt Yellow Corp.’s estate is nearing a final distribution plan.
Specialized less-than-truckload carrier XGS has been acquired by LRT Group.
Yellow Corp.’s breach-of-contract lawsuit against the International Brotherhood of Teamsters has been reinstated by a federal appeals court.
Management at Forward Air announced on Wednesday, in conjunction with its quarterly report, that a strategic review, which could include the sale of the company, remains ongoing.
ArcBest flagged margin concerns heading into the seasonally weakest part of the year.
ArcBest beat expectations for the third quarter but flagged significant margin deterioration in its asset-based unit in the fourth quarter.
TFI’s positive outlook amid revenue challenges with a focus on LTL operations and future growth.
AUSTIN–If you’re a red-blooded male who just got hired at LTL carrier Estes Express, and on your first day you go looking to find the company’s beautiful Director of Operations whose picture you saw on LinkedIn, here’s a news flash: she doesn’t work there. Not only that, she doesn’t exist, at least not by the […]
XPO once again reported significant margin improvement in the third quarter, despite a soft less-than-truckload market.
A first look at TFI’s earnings.
Less-than-truckload carrier Saia guided to a fourth-quarter operating ratio that would equal its worst since the pandemic.
XPO beat third-quarter expectations as yield and operating efficiency initiatives offset a soft demand environment.
The financial performance of C.H. Robinson (NASDAQ: CHRW) continued to rip higher in the third quarter, with various levels of profitability and performance improved even as there was no sign of a market turnaround as measured by some of the company’s data. Wall Street, which already has made C.H. Robinson an investment darling–up about 30% […]
Explore NMFTA’s freight classification overhaul and its impact on LTL shipping efficiency.
Old Dominion Freight Line remains focused on yield management and controlling costs as it awaits a reprieve from tonnage declines.
Belt tightening and higher yields helped Old Dominion Freight Line limit margin degradation in the third quarter.
Yellow Corp. has entered agreements to sell four terminals for $6.1 million as its liquidation process nears its end.
Knight-Swift Transportation’s third-quarter results and fourth-quarter outlook came in light of expectations on Wednesday.
Forward Air’s stock fell sharply on Monday following a report that it hasn’t yet received a satisfactory takeover offer.
Old Dominion Freight Line is the latest less-than-truckload carrier to implement a general rate increase ahead of schedule.
Less-than-truckload rates maintain record levels despite softness across the manufacturing complex.
The truckload market took share for a second straight month in September, but overall freight fundamentals remain weak, according to a report from Cass Information Systems.
This week in Borderlands: A. Duie Pyle expands into cross-border LTL market; Mexico’s heavy-duty truck industry braces for slowdown and Maersk opens new Dallas-Fort Worth freight hub.
Old Dominion Freight Line was named as the top national carrier for a 16th straight year by Mastio & Co.
Morgan Stanley lowered earnings expectations for publicly traded truckload and less-than-truckload carriers on Monday.
FedEx Corp. has completed the formation of the leadership team for a standalone FedEx Freight.
ArcBest talks up numbers at its first investor day since 2015.
H5 transport, a North Dakota-based truckload and LTL carrier, has filed for bankruptcy protection under chapter 11 of the Federal Bankruptcy Code. It continues to operate, according to the court documents filed with the U.S. Bankruptcy Court for North Dakota. According to the company’s data available through the Federal Motor Carrier Safety Administration, H5 is […]
Less-than-truckload carrier Dayton Freight Lines announced it has doubled capacity at a terminal serving the Salem, Illinois market.
Moody’s held XPO’s debt rating steady but improved its outlook.
FedEx Freight’s spinoff is on track to be completed by June of next year.
The Cass Freight Index showed year-over-year shipment declines widened in August.
Yellow Corp. lost an appeal to circumvent the 2021 pension bailout regulations used to calculate its withdrawal liabilities.
Yellow Corp. has reached a deal to sell a Baltimore terminal, leaving only 11 locations remaining for sale.
ArcBest lowered third-quarter margin expectations for its asset-based unit, which includes less-than-truckload operations.
Less-than-truckload carrier Dayton Freight reaches further east with its latest terminal opening.
Less-than-truckload carrier Saia saw tonnage move back into negative territory in August as the manufacturing complex nears a third full year of contraction.
Old Dominion Freight Line reported Thursday that tonnage declines accelerated in August.
Less-than-truckload carrier XPO’s third-quarter update showed a notable moderation in tonnage declines during August.
Yellow’s equipment auctions conclude after nearly two years.
A second round of buyout bids for Forward Air are due next month, according to an M&A blog.
Yellow Corp. has asked a federal bankruptcy court to approve the sale of three terminals valued at $16 million.
Forward Air’s second quarter came in slightly ahead of analysts’ EBITDA expectations as investors await an update on a strategic review process that could result in the company changing hands.
Second quarter earnings at RXO showed the growing importance of LTL activity at the brokerage.
Less-than-truckload carrier XPO sees “a massive runway ahead” for its self-help initiatives even if the broader economy doesn’t cooperate.
Less-than-truckload carrier XPO continued a streak of earnings beats on Thursday, reporting revenue and net income ahead of consensus estimates.
Transportation and logistics provider ArcBest is relying on cost and efficiency initiatives to get through the downturn.
Less-than-truckload carrier Old Dominion Freight Line is sticking with its playbook as the freight downturn enters a fourth year.
An announced pay increase at Averitt might signal some acceleration in driver pay levels.
Old Dominion Freight Line reported a modest earnings miss for the second quarter on Wednesday as volume declines were only partially offset by higher yields.
ArcBest missed analysts’ expectations for the second quarter.
Key metrics are down at TFI but Bedard, in earnings call, touts higher margin.
Less-than-truckload carrier Saia reported better-than-expected results for the second quarter and outlined a path to improved margins.
Less-than-truckload carrier Saia saw a step in the right direction during the second quarter.
Roadrunner announced the addition of over 100 lanes to its long-haul, less-than-truckload network, designating Kansas City as a key hub.
Knight-Swift is controlling the controllable as it awaits a more meaningful market turn.
