XPO provides favorable February update
Less-than-truckload carrier XPO is seeing some of the strongest volume growth in the industry.
Less-than-truckload carrier XPO is seeing some of the strongest volume growth in the industry.
Old Dominion Freight Line reported modestly better trends in February compared to January but noted the market remains soft.
XPO’s fourth quarter exceeded expectations, and the company provided robust pricing guidance for 2024.
ArcBest continued to swap out spot freight for higher-margin shipments from core accounts during the fourth quarter.
ArcBest leveraged cost initiatives to beat the fourth-quarter consensus estimate.
Less-than-truckload carrier Saia will spend roughly 30% of its annual revenue buying terminals and trucks as it looks to take market share again in 2024.
Third-quarter earnings reports show how Yellow Corp.’s market share was redistributed across the less-than-truckload industry.
Less-than-truckload carrier Saia will implement a 7.5% general rate increase in early December.
ArcBest holds on to tonnage growth in the April-May period but yields take a notable step lower.
ArcBest announced Thursday that its chief yield officer is stepping down and will be replaced internally.
Less-than-truckload carrier XPO reported better-than-expected first-quarter results and said it remains on track to achieve long-term profitability targets.
Less-than-truckload carrier Yellow Corp. recorded a net loss during the first quarter as it attempts to overhaul its network.
Saia’s revenue trends in April are much better than its less-than-truckload peers.
ArcBest on Friday stood by its strategy to take on lower-margin business.
Old Dominion said Wednesday that volumes have stagnated and some of its customers are pushing back on pricing.
Truckload rates will continue falling at a steep rate in the second quarter while less-than-truckload rates level, a report from a large 3PL asserts.
After culling underperforming freight for the better part of two years, less-than-truckload carrier Yellow sees volumes inflect positively.
Forward Air said Tuesday that low-teens tonnage declines over the past few months have calmed in early March.
ArcBest’s first-quarter update bucks the less-than-truckload industry trend as tonnage increases and yields moderate.
Less-than-truckload carrier Old Dominion sees volumes drop again in February but notes the worst of it may be behind them.