FedEx said Thursday it will move forward with the separation of its less-than-truckload and legacy package delivery businesses.
Less-than-truckload carrier Pitt Ohio has acquired Midwest carrier Sutton Transport.
Forward Air announced after the market closed Friday the termination “without cause” of its president and chief operating officer.
XPO and Old Dominion reported tonnage declines in November, but both appear to be anticipating a market recovery.
Intraquarter updates from a pair of less-than-truckload carriers pushed shares of the group lower on Tuesday.
Industrial data remains under pressure ahead of intraquarter updates from less-than-truckload carriers.
The Teamsters new labor deal with Standard Forwarding likely clears the path for a Jack Cooper acquisition.
A majority stake in less-than-truckload carrier Roadrunner has changed hands from an activist investor to an investment group led by the company’s CEO.
Less-than-truckload carriers continue to take general rate increases even as the overall demand picture remains murky.
Forward Air lowered full-year earnings guidance on Monday and said it wouldn’t address press reports that it is up for sale following a messy merger.
ArcBest missed third-quarter expectations and is guiding to more than 500 basis points of less-than-truckload operating ratio degradation in the fourth quarter.
ArcBest sees weak trends in both its asset-based and asset-light segments during the third quarter.
Less-than-truckload carrier XPO beat third-quarter expectations and outlined a plan for outsize yield and margin growth.
XPO beats third-quarter expectations, reporting 200 basis points of margin improvement in its less-than-truckload unit.
Moran Transportation announced it has acquired fellow less-than-truckload transportation provider RMX Freight Systems.
A federal bankruptcy judge overseeing Yellow Corp.’s liquidation has corrected a mistake in an earlier opinion, which could significantly alter how much Yellow owes to pension funds.
Less-than-truckload carrier Saia saw a modest backup in financial results during the third quarter but reasserted confidence that it’s on the right path with its terminal growth strategy.
Less-than-truckload carrier Saia’s less favorable freight mix and higher cost structure from a terminal expansion weighed on its third quarter.
Knight-Swift Transportation beat third-quarter expectations and provided some positive anecdotes around recent demand and pricing trends.
Knight-Swift Transportation beat the third-quarter consensus estimate but provided a mixed earnings outlook for the next two quarters.
