Less-than-truckload

FedEx has named more executives to lead the divestment of the Freight subsidiary and run it as an independent company.

Turvo said Thursday that SMC3’s less-than-truckload freight management tools can now be accessed through its TMS.

Chicago and Dallas tender rejections still exceed 7%.

Less-than-truckload booking platform MyCarrier announced Wednesday it has acquired supply chain payments platform Curant.

Newly-formed Jack Cooper LTL is rumored to be in talks to purchase less-than-truckload carrier Standard Forwarding.

MyCarrier asked a Delaware judge to stop project44 from cutting off visibility data to MyCarrier.

Parcel analyst Satish Jindel predicts FedEx will opt later this year to spin off the Freight unit to the public market.

Industry expert Satish Jindel offers perspective on Forward Air’s controversial merger with Omni Logistics.

Saia is partnering with one of Mexico’s largest carriers, Fletes Mexico, to provide cross-border less-than-truckload services.

FedEx Express has parked more freighters, reduced aircraft capex and is integrating its daytime freighter network with the Freight segment’s less-than-truckload operation to provide linehaul connecting the U.S. and Europe to boost efficiency.

Fleets waited two years for back-ordered Class 8 trucks. Now largely met, demand has shifted to replacement needs.

At least two Yellow teams were given a prepared statement that “the company continues to prepare for a range of contingencies.”

Industry watchers believe a Yellow bankruptcy is inevitable. Some of the company’s 30,000 employees are starting to feel nervous too.

LTL contract rates and tender rejections in select markets will tell us if transportation networks can handle a sudden Yellow exit.

7L Freight is making truck procurement more convenient for logistics companies by combining dynamic rate management with electronic booking.

“We understand that the transition from Kuebix to MyCarrier may seem stressful for some of our shippers, but Estes, Trimble and MyCarrier are committed to simplifying the process,” said President and CEO Rob Estes.

AskWaves looks at some of the challenges in the long-haul segment of an LTL network.

FedEx Freight’s gains won’t make investors forget about FedEx Ground’s issues, but they help.

AskWaves looks at application programming interfaces in the less-than-truckload industry and how far the evolution can go.

Forward Air beat first-quarter expectations and pulled forward 2023 financial targets by a full year.

El transportador desvía los envíos urgentes de carga a la red
de camiones

The omicron variant is depleting aircrews at FedEx just as it has among passenger airlines, resulting in customer delays for both industries.

Less-than-truckload carrier Yellow Corp reports the weakest revenue trends out of the public carriers providing fourth-quarter updates.

Forward Air’s initiative to upgrade its freight mix to a heavier class of premium cargo was evident in November results.

General rate increases for less-than-truckload shipments not under contract are rolling in ahead of schedule and are a little higher than normal.

Forward Air took an aggressive step Thursday, issuing sizable earnings growth guidance through 2023. Upgrading the freight mix has management confident in the extended outlook.

Kriska Transportation Group strengthens its cross-border LTL business with the acquisition of Ontario-based Transport N Service.

More M&A isn’t on the immediate horizon but final-mile delivery is.

FedEx Freight is pointing the finger at less-than-truckload competitors for denying service to customers, which it says flooded its network and forced it to cancel certain accounts.

Forward Air announced Friday that VP and Controller Rebecca Garbrick has been named the company’s new CFO, a role that had been vacant for three months.

Customer backlash against FedEx Freight’s decision to terminate trucking service has forced the carrier to reconsider.

Hundreds of shippers, including ones that supply big-box retailers like Home Depot and Lowe’s, are scrambling for transportation after FedEx Freight (NYSE: FDX) on Monday abruptly stopped truck pickups at many locations to help overwhelmed terminals restore productivity levels. The snap decision to jettison thousands of customer sites from its network was an aggressive response […]

FedEx Freight has more business in some regions than it can manage, so it is freeing up capacity by telling hundreds of customers it won’t pick up their shipments starting Monday, June 14.

Less-than-truckload carrier Saia reports a big year-over-year increase in earnings during the first quarter even as weather negatively impacted one-third of its network.

As the number of places where product flows increases, naturally, smaller, more frequent inventory replenishment runs are created. Whether it’s middle-mile solutions from DC to store or DC to DC or it’s home delivery, the location of endpoints is dispersing and the size of shipments is decreasing.

MyCarrier is scaling a white-labeled LTL TMS with a unique distribution model.

With the need for qualified drivers on the rise, less-than-truckload carrier Yellow Corp. announces plans to hire 1,500 drivers and open new academies in 12 locations across the country.

Forward Air is the latest transportation provider to implement general rate increases amid a tight capacity environment. The company’s 6% GRI will apply to all shipments.

Could DB Schenker be the next TFI International? TFI just agreed to buy UPS Freight. DB Schenker is ready to become a pure play trucker in the U.S. and will be looking for sellers.

Forward Air adds to non-airport less-than-truckload service by opening a facility in Bethlehem, Pennsylvania.

Managing for yield, Robinson shuns truckload volume growth to take a double-digit price increase.

Teamsters and YRC Worldwide agree to implement $7,500 hiring bonuses to new drivers. YRC will select the regions for the new bonus pay but the local unions have the autonomy to decline them.

Forward Air announces another acquisition as it advances its no-wait growth plan. The Greeneville, Tennessee-based trucking company adds intermodal drayage provider Value Logistics to its roster.

Forward Air adds traditional LTL service to more of its facilities as carriers put more assets to work in the space.

Shared truckload offers shippers the opportunity to utilize truckload services to deliver partial shipments – without leaving part of the trailer empty.

ArcBest, Crane Worldwide, Fullen Dock & Warehouse, Grupo TMM, Premier Manufacturing, Southeastern Freight and United Airlines announce promotions and hires.

Triten Real Estate Partners acquires less-than-truckload terminal in sale-leaseback arrangement with XPO Logistics.

NEXT Trucking, Fuel Ox, Bendix and Southeastern Freight make strategic employee moves.

YRC Worldwide expands regional next-day service throughout the South. The announcement follows similar expansion plans from competitors.

Forward Air is expanding again. The company plans to offer traditional less-than-truckload service for the first time.

No one is talking as YRC’s already extended healthcare benefits are nearing expiration. Coverage is set to expire in early July.

French 3PL FM Logistic reports strong organic growth in its recent fiscal year as European expansion progresses. The company didn’t issue annual guidance due to COVID-19 uncertainty.

YRC Worldwide’s midquarter report was worse than that of its peers and adds to industry speculation that some shippers could be avoiding the carrier.

ArcBest joins other less-than-truckload carriers seeing a May rebound from April lows. A 10% stock bump from a rating upgrade holds into the second trading session.

Expeditors International sees digital platform acquisition as key to advancing its less-than-truckload shipping platform.