The Headline Number: Spot Rates Hit an All-Time Record Craig Fuller set the tone in the opening minutes, and the data backed it up at the close. The SONAR National Truckload Index, which tracks daily spot rates inclusive of fuel, hit 383, an all-time record. Fuller, a self-described rate nerd from a trucking asset background, […]
FedEx is investing $54 million to add capacity at its Netherlands trucking hub to keep up with growing transport demand in Europe and enable easier connections to its air cargo network.
LTL rates are experiencing their strongest upward move since the Yellow exit in 2023.
Re-rates are now a significant cost driver for LTL shipments, and Old Dominion Freight Line is focused on identifying gaps and providing better data for shippers.
XGS is poised to compete in a world where carpet no longer dominates.
Southeastern Freight Lines is expanding Mexico connectivity through a new partnership with Fletes México Carga Express.
FedEx has named more executives to lead the divestment of the Freight subsidiary and run it as an independent company.
One of the thorniest processes in trucking logistics may have been solved.
In this edition: Breaking down what to expect for earnings season and APM Terminals makes big moves at the Panama Canal.
Turvo said Thursday that SMC3’s less-than-truckload freight management tools can now be accessed through its TMS.
In this edition: Reviewing ‘Never Split the Difference’ and Amazon maybe tries to break into the LTL game.
Logistics firm Freight Essentials filed a federal lawsuit against WWEX Group and its affiliates, alleging that the company is engaging in fraudulent business practices with hidden fees.
Less-than-truckload booking platform MyCarrier announced Wednesday it has acquired supply chain payments platform Curant.
Less-than-truckload carrier Tony’s Express of Fontana, California, has filed for bankruptcy protection, nearly three months after it terminated 200 truck drivers, dock and warehouse workers, and office personnel via text message.
Parcel analyst Satish Jindel predicts FedEx will opt later this year to spin off the Freight unit to the public market.
LTL executives highlight shippers moving spillover LTL freight to full truckload amid market weakness and low rates.
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.
Historically, companies have had two shipping options: less-than-truckload or truckload. Both tend to require some level of sacrifice from the shipper.
Echo’s Frank Hurst spoke with FreightWaves about how the recent Roadtex acquisition has changed reefer LTL.
XPO’s Anthony Hoereth discussed the company’s strategic plan and investments that are driving a historic surge in LTL service levels.
It is crucial for shippers to build flexibility into their transportation plans. This ongoing volatile environment has created an opportunity — and a necessity — for companies to take another look at how they move freight.
Shippers and logistics service providers want and need to proactively manage their customers’ shipments, ensuring they keep cadence in line with delivery expectations. When something goes wrong in transit, this demands quick, timely notification from carriers so they can proactively reset expectations or enact contingency plans.
Reliance Partners brings per-load Shipper’s Interest coverage to freight brokers and carriers to their TMS, providing protection on cross-border, international, LTL and high-value shipments.
Online marketplace uShip has been investing in technology, sales and partnerships in anticipation of when the freight economy surges again.
The Yellow bankruptcy represents one of the biggest industry shakeups of the past two decades. Remaining less-than-truckload carriers and shippers alike continue to feel the impacts of the company’s shutdown.
The market is still depressed, but recent layoffs and closures have fueled enough uncertainty to make some players wonder about changing market tides.
Since the closure of the third-largest LTL carrier, Averitt Express has seen an influx of 2,000 daily shipments — and hasn’t missed a beat.
Cold chain failures lead to the same profit losses and headaches as other supply chain mishaps, but on a much greater scale.
What’s behind Paccar’s stunning Q2 profits? Inflation is part of the answer. So is a burgeoning parts footprint.
The less-than-truckload sector has been disrupted by a very public dispute between Yellow and the Teamsters. Rates have already seemingly responded and may continue to see support.
LTL contract rates and tender rejections in select markets will tell us if transportation networks can handle a sudden Yellow exit.
While carriers are usually responsible for paying for claims, claim disputes burden freight brokers with more work — and they might end up footing the bill due to coverage gaps. Reliance Partners can help.
Roadrunner has reduced transit times five times over the last 21 months, according to Roadrunner Vice President of Longhaul Operations Shari Leon.
“We think about these investments as long term. We’re not making them for the next few quarters, we’re making them for the next few years and beyond,” said XPO’s Ali Faghri.
The startup, led by veterans of last-mile delivery platform AxleHire, rolled out a new solution for perishable shippers.
Just as the name suggests, Get It There Faster helps shippers easily move LTL ground and air freight, instantly bringing expedited rates to their TMS platforms.
Less-than-truckload booking platform MyCarrier is automating insurance coverage for the 10,000 shipments it is booking daily.
Deliberate perfectly describes Paccar’s approach to trucking electrification. The company offers nine commercial electric trucks but skips the hype.
An online auction on Tuesday will sell the assets of family-owned Art Mulder & Sons Trucking of Holland, Michigan, two months after the refrigerated LTL carrier ceased operations after 50 years.
La empresa familiar Art Mulder & Sons cesó sus operaciones en noviembre
Operating a successful business requires pinpointing — and meeting — customer expectations. XPO services thousands of customers daily, and doing that well means finding out what each of those customers needs.
7LFreight is a Freightos company that gives freight forwarders the ability to compare less-than-truckload prices by lane and execute a move.
7L Freight is making truck procurement more convenient for logistics companies by combining dynamic rate management with electronic booking.
The truckload market is already experiencing a rapid deterioration in pricing. How long until the LTL market recognizes this inevitability?
R2’s LTL service is designed specifically to service small-medium-sized shippers – bringing well-rounded expertise in one platform that gives shippers the same advantages of a large shipper.
MyCarrier, a freight shipping platform for small and midsize shippers, has raised $22 million in a Series B funding round.
NASA launch delayed; how LTL works; Yelp for carriers; Trevor Milton buys Nikola stock; animal attacks and more on demand on WHAT THE TRUCK?!?
La startup tiene un enfoque único de distribución y monetización
The startup will hit an $11 million annual run rate in September.
Piece-level tracking gives XPO employees and customers real-time visibility for tracking LTL shipments.
Saia es la última en prohibir los envíos de armas de fuego montadas o desmontadas
Carriers should be able to price freight based on the trailer space it occupies. A machine to capture a shipment’s dimensions is one answer.
Visit MyBlueGrace.com/shippers/less-than-truckload to learn more
Banyan Technology has introduced a new first/final mile software offering for fleets, helping shippers and 3PLs connect with providers.
To learn more visit Tai-Software.com
This swift rise in online shoppers has stressed an already-taxed industry, increasing the demands on less-than-truckload (LTL) carriers significantly.
Modern Shipper spoke with Daniel Sokolovsky, founder and former CEO of AxleHire, about his newest delivery venture, Warp.
On-demand training and live sessions cover every aspect of today’s LTL sector to help share valuable supply chain industry expertise and insights.
By gathering this information at pickup, DDC Sync is enabling near-time logistics planning and cross-team communication that can be made before a truck ever makes it back to the terminal.
One of the more underserved segments in a decidedly underserved industry, LTL is getting a boost from Relay Payments.
SMC³ has fully embraced the FreightTech age and plans to continue innovating its LTL pricing and bidding tools in 2022.
If shopping in 2021 could be summed up in one word, it would be e-commerce. Online shopping has had profound effects on the global economy.
Many LTL carriers have lowered caps from 16 linear feet to 12 linear feet, either denying freight that exceeds those limits or instituting punitive pricing measures that make moving it unaffordable.
Stephens investment conference trucking equipment highlights Supply chain challenges were the main focus at the Stephens annual investment conference earlier this month in Nashville, Tennessee. Executives said driver recruiting and broader supply chain bottlenecks were slightly easing, but purchasing and procuring equipment has gotten notably tougher. Lack of trailers becoming new driver shortage: Derek Leathers, […]
Private trucking fleets expand amid soaring spot rates According to a recent National Private Truck Council Report, private fleets continue to expand due to high spot market rates and dwindling capacity in the market. Less capacity equals less service, and service metrics remain a big driver for in-house transportation. For large common carriers (they haul […]
Written by Steve Keppler, Co-Director, Scopelitis Transportation Consulting One of the nation’s most pressing challenges of today is the condition of the supply chain. The pandemic has stretched its ability to serve the evolving needs of today’s global marketplace. This issue is front and center for government and private sector leaders alike and has become front page news. It also has come home to roost for many households as they […]
SPS Commerce is collaborating with C.H. Robinson to open up new LTL capacity to retailers in need of space to move goods this holiday season.
If there’s one immutable truth in the world of logistics, it’s this: LTL is an inherently complex form of transportation. Tariffs, rates, DIM weights, transit times — it’s enough to confuse even seasoned logistics professionals. The solution to this knowledge gap has historically been on-the-job training or university supply chain education, but for a variety […]
“With all the difficulty with hiring, technology is an obvious answer,” said Zach Strickland.
More M&A isn’t on the immediate horizon but final-mile delivery is.
Understanding the differences among truckloads
It will take assassins accuracy, but Amazon has all the data to make aiming an afterthought.
Instead of dimensional pricing, iShared’s shared truckload solution charges the shipper a simple per-pallet fee.
Sustainability has garnered a reputation as cutting edge and costly. There are ways to embrace environmentalism without breaking the bank. In fact, becoming more sustainable can actually drive profits higher.
A strong consolidation program extends the reach of logistics savings beyond just trailer loads and multi-stop loads by converting LTL suppliers to customer pickup.
A federal jury found former Roadrunner Transportation Systems CFO Peter R. Armbruster guilty on four counts of violating federal securities laws in a $245 million securities and accounting fraud scheme. It acquitted two former controllers of Roadrunner’s truckload division.
TFI International beats analysts in the second quarter as its U.S. LTL division left its days as UPS Freight in the dust.
For one global healthcare company seeking to avoid unexpected costs and shipping inefficiencies, while simultaneously unlocking the benefits of multiple countries and business units under one RFP, powerful automation proved to be the missing piece to the RFP puzzle. Let’s take a look at four reasons why automated LTL RFP processes, like SMC³ BidSense®, are equipped to help save the day.
“We will learn how our customers use the product, learn their pain points and inject those solutions into the product as we go, really changing the user experience.”
The successor of UPS’ struggling LTL operation is set to post an operating ratio below 95%, TFI International says in an unusual preannouncement.
Faster, safer, better — these consumer expectations for e-commerce delivery are driving a speed-focused freight market.
Every company aims for maximum profitability. For less-than-truckload carriers, that has meant lowering linear-foot caps from 16 linear feet to 12 linear feet and turning away freight that exceeds those caps.
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.
The transaction, arranged by CVC Capital Partners, is set to close in the third quarter.
Hunker down once more; things appear to be heating up for LTL demand heading into the summer months.
Scientists and government leaders are pushing for a more sustainable supply chain. Consumers are paying attention.
Schneider, a premier provider of trucking, intermodal and logistics services, has expanded its digital marketplace – Schneider FreightPower® – to shippers of all sizes.
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.
On this episode of stackd, hostAdam Robinsondetails how one freight company is using shared truckload technology to map out the future for sustainable freight.
Certified B Corporation Flock Freight raises the bar with a commitment to offset carbon emissions from FlockDirect shipments for customers.
Industry expectations surrounding information access and transparency have grown. Qualified IT professionals are required to meet these new demands.
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.
New 25-driver subcommittee will give FMCSA direct feedback on safety issues.
In today’s edition of The Daily Dash, the U.S. DOT has laid out its strategic plan for safely deploying autonomous trucks and passenger vehicles. Plus, LTL volumes stayed strong in December, and XPO names the head of its logistics spinoff.
Forward Air adds to non-airport less-than-truckload service by opening a facility in Bethlehem, Pennsylvania.
FlockFreight pools together LTL freight and ships it via shared truckloads in full truckload containers instead.
Flock Freight has added 50 new team members since June.
