Saia’s tonnage turns negative after 22-month run
Less-than-truckload carrier Saia reported a decline in tonnage for the first time since Yellow Corp. closed.
Less-than-truckload carrier Saia reported a decline in tonnage for the first time since Yellow Corp. closed.
Less-than-truckload carrier XPO saw a volume decline in May that was in line with its previous guidance.
Old Dominion Freight Line said in a Wednesday update that the soft trends experienced so far in 2025 continued through May.
Less-than-truckload carrier Averitt announced it has inked a partnership with Western carrier Best Overnite Express.
Activist investor Ancora is doubling down on efforts at Forward Air to shake up the board and force the company to sell.
Less-than-truckload carrier Pitt Ohio has opened a terminal near the Port of Norfolk.
FedEx Corp. has announced the new leaders for less-than-truckload carrier FedEx Freight following a 2026 spinoff.
Forward Air’s first-quarter update provides investors with little insight into an ongoing strategic review of the company.
Activist investor Ancora Holdings Group is asking Forward Air’s shareholders to vote against three board members at the upcoming annual meeting.
Returning bidder Saia headlines a list of mostly newcomers vying for Yellow’s terminals.
Forward Air is seeking shareholder approval to reincorporate in Delaware, where it may be easier to sell the company or seek other strategic alternatives.
Less-than-truckload carrier XPO reiterated its outlook for margin improvement in 2025 even if the economy doesn’t cooperate.
Less-than-truckload carrier XPO is one of the few transportation companies to report better-than-expected results for the first quarter.
ArcBest said it’s still seeing a rational less-than-truckload pricing environment and expects a normal seasonal uptick in demand during the second quarter.
ArcBest reported a miss for the first quarter as it balances keeping its network full with finding decently margined freight.
Saia’s shares are getting punished as the company’s ambitious growth efforts have been derailed by a trade war.
Less-than-truckload carrier Saia’s first quarter was much worse than analysts feared.
Knight-Swift Transportation said some customers are delaying decision making and others are drawing down inventories as the market awaits some resolution on U.S. trade policy.
Knight-Swift Transportation lowered its second-quarter outlook and didn’t provide third-quarter guidance due to a “fluid trade policy,” which is weighing on customer decision making.
Old Dominion Freight Line is only modestly altering near-term plans as it looks to take market share during the next less-than-truckload upswing.