Less-than-truckload carrier FedEx Freight named Mike Rodgers as chief commercial and technology officer, following the recent termination of an executive.
ArcBest saw a modest acceleration in year-over-year tonnage growth during August as shipment weights surged.
Less-than-truckload carrier XPO remains positioned to hit its third-quarter guidance after releasing its August operating metrics Thursday after the market closed.
August year-over-year tonnage growth accelerated for less-than-truckload carrier Saia, aided by a softer prior-year comparison than in July.
Old Dominion Freight Line’s August update showed an acceleration in yield growth, with volumes closing in on positive territory.
FedEx Freight announced that it has terminated Chief Specialized Services and Commercial Officer Mike Lyons, who was appointed to the role ahead of the company’s spinoff from FedEx Corp.
Bankrupt Yellow Corp. has reached a deal to settle outstanding claims from pension funds, bringing an end to a three-year legal battle and clearing the path for creditors and former employees to get paid.
Manufacturing activity remained expansionary for an eighth straight month in August, with a continued slowing in delivery times.
Following other recent network investments, less-than-truckload carrier Averitt announced Thursday the opening of a 100,000-square-foot distribution and fulfillment facility in Jackson, Mississippi.
Less-than-truckload carrier TP Freight Lines failed to make payroll and has suspended operations, a memo from the Teamsters said.
Forward Air reported its best quarterly performance since its early 2024 acquisition of Omni Logistics.
July’s manufacturing data showed strength not seen in the past four years, a trend that bodes well for less-than-truckload carriers.
Shares of less-than-truckload carrier Saia fell on Thursday as a weaker-than-expected third-quarter margin outlook overshadowed a second-quarter report that surpassed expectations.
Less-than-truckload carrier XPO is seeing the fruits from several initiatives focused on improving freight selection, raising yields and streamlining workflows.
ArcBest’s second quarter highlighted improvements in operations across its business units.
Knight-Swift Transportation noted considerable acceleration in truckload fundamentals during the second quarter.
Forward Air announced Tuesday that it will keep at least half of an account representing 10% of its annual revenue.
Transportation and logistics provider ArcBest announced it is cutting 2% of its workforce and closing 10 less-than-truckload terminals.
Trucking rate indexes jumped during the second quarter and are expected to reach new highs in the third quarter.
Knight-Swift Transportation’s less-than-truckload unit, AAA Cooper, has opened four new locations in recent weeks.
