XPO defies weak LTL demand with margin gains
XPO once again reported significant margin improvement in the third quarter, despite a soft less-than-truckload market.
XPO once again reported significant margin improvement in the third quarter, despite a soft less-than-truckload market.
Less-than-truckload carrier Saia guided to a fourth-quarter operating ratio that would equal its worst since the pandemic.
XPO beat third-quarter expectations as yield and operating efficiency initiatives offset a soft demand environment.
Old Dominion Freight Line remains focused on yield management and controlling costs as it awaits a reprieve from tonnage declines.
Belt tightening and higher yields helped Old Dominion Freight Line limit margin degradation in the third quarter.
FedEx Freight’s spinoff is on track to be completed by June of next year.
ArcBest lowered third-quarter margin expectations for its asset-based unit, which includes less-than-truckload operations.
Less-than-truckload carrier Saia saw tonnage move back into negative territory in August as the manufacturing complex nears a third full year of contraction.
Old Dominion Freight Line reported Thursday that tonnage declines accelerated in August.
Less-than-truckload carrier XPO’s third-quarter update showed a notable moderation in tonnage declines during August.
Less-than-truckload carrier XPO sees “a massive runway ahead” for its self-help initiatives even if the broader economy doesn’t cooperate.
Transportation and logistics provider ArcBest is relying on cost and efficiency initiatives to get through the downturn.
Less-than-truckload carrier Old Dominion Freight Line is sticking with its playbook as the freight downturn enters a fourth year.
Old Dominion Freight Line reported a modest earnings miss for the second quarter on Wednesday as volume declines were only partially offset by higher yields.
ArcBest missed analysts’ expectations for the second quarter.
Less-than-truckload carrier Saia reported better-than-expected results for the second quarter and outlined a path to improved margins.
Less-than-truckload carrier Saia saw a step in the right direction during the second quarter.
Easy comps and dynamic pricing have ArcBest back in growth mode, but yields are now lagging.
Less-than-truckload carrier Saia reported a decline in tonnage for the first time since Yellow Corp. closed.
Less-than-truckload carrier XPO reiterated its outlook for margin improvement in 2025 even if the economy doesn’t cooperate.