August year-over-year tonnage growth accelerated for less-than-truckload carrier Saia, aided by a softer prior-year comparison than in July.
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.
Transportation and logistics provider ArcBest announced it is cutting 2% of its workforce and closing 10 less-than-truckload terminals.
Knight-Swift Transportation’s less-than-truckload unit, AAA Cooper, has opened four new locations in recent weeks.
Saia is poised for significant tonnage increases as its prior-year comparisons ease and demand appears to be firming.
Less-than-truckload carrier Saia adds to its national footprint, opening new service centers in Washington and Indiana.
Self-help initiatives at XPO are being met with better demand, pushing the less-than-truckload carrier’s financial results meaningfully higher.
Less-than-truckload carrier Saia’s margins appear to be turning the corner following a multiyear expansion.
Old Dominion Freight Line said the less-than-truckload demand picture is improving.
ArcBest beat first-quarter expectations Tuesday before the market opened.
ArcBest’s February update displayed stable results for its less-than-truckload segment, while its outlook for asset-light operations improved.
Less-than-truckload carrier Averitt announces expansion plans to its terminal network.
Less-than-truckload carrier Saia missed fourth-quarter expectations on Tuesday but said the recent period could mark the trough for margins.
Less-than-truckload carrier Saia missed fourth-quarter expectations ahead of the market open on Tuesday.
Less-than-truckload carrier Estes Express Lines provided an update on recent capital investments on Thursday.
A federal bankruptcy court in Delaware has approved the sale of three Yellow Corp. terminals for $4 million.
A final plan for distributing bankrupt Yellow Corp.’s remaining assets, valued at over $600 million, received approval on Monday.
Bankrupt Yellow Corp.’s estate is nearing a final distribution plan.
Less-than-truckload carrier Saia guided to a fourth-quarter operating ratio that would equal its worst since the pandemic.
Yellow Corp. has entered agreements to sell four terminals for $6.1 million as its liquidation process nears its end.
