FreightWaves’ Mary O’Connell and ArcBest’s Steven Leonard sit down to cover all things LTL and how to avoid unnecessary charges
AskWaves looks into the growing amount of shipment detail needed when submitting an RFP.
Less-than-truckload carrier Saia announced a 7.5% general rate increase Tuesday. The carrier was the latest to announce rate hikes greater than the normal mid-single-digit increases.
Mary O’Connell and Bill Morrisroe of iShared sit down to talk about shared truckload and how to get away from LTL overlength fees.
Less-than-truckload carrier Yellow Corp., like other LTLs, reports a weather-related falloff in February trends. However, industrial data continues to suggest this LTL freight recovery has legs.
Less-than-truckload carrier Saia reported a small decline in volumes during February, reversing the more than 5% increase recorded in January. Excluding inclement weather, the carrier said trends remain consistent with January.
Less-than-truckload carrier Old Dominion reported Tuesday that February results were impacted as inclement weather took hold on parts of its network during the month. However, the carrier noted that the deceleration from January’s robust growth rate lasted for only one week.
Logistics provider ArcBest Corp. reported that the positive trends in its asset-based segment during January were derailed by poor weather in February. Overall, less-than-truckload fundamentals “remain generally positive,” according to one analyst.
Most less-than-truckload carriers have implemented general rate increases for 2021. The average increase is in the mid-single digits, ahead of some increases issued in the past and likely indicative of a firm LTL market.
Amid heightened scrutiny over the direction of the company, Forward Air’s management team defends its current strategy. Fourth-quarter results were negatively impacted by a December cyberattack.
