August year-over-year tonnage growth accelerated for less-than-truckload carrier Saia, aided by a softer prior-year comparison than in July.
Old Dominion Freight Line’s August update showed an acceleration in yield growth, with volumes closing in on positive territory.
July’s manufacturing data showed strength not seen in the past four years, a trend that bodes well for less-than-truckload carriers.
Trucking analysts are raising estimates ahead of the second-quarter earnings season, which begins next week.
Old Dominion Freight Line’s sixteen consecutive years as the #1 National LTL Carrier for Quality reflect a deliberate strategy built on proactive fleet maintenance, advanced load planning, and a workforce development model that fills most job openings from within.
Old Dominion Freight Line’s May operating results saw a meaningful improvement from April, as less-than-truckload demand appears to be firming.
Old Dominion Freight Line said the less-than-truckload demand picture is improving.
Re-rates are now a significant cost driver for LTL shipments, and Old Dominion Freight Line is focused on identifying gaps and providing better data for shippers.
Old Dominion Freight Line exceeded first-quarter estimates, noting freight demand improved as the quarter progressed.
Prime Inc. and Old Dominion Freight Line are expanding U.S. terminal networks with new hubs in Georgia and Washington.
An update from Old Dominion Freight Line showed volume and revenue declines slowed in February.
Less-than-truckload carrier Old Dominion voiced optimism about a potential demand inflection but cautioned that this cycle has been full of false starts.
Old Dominion Freight Line beat fourth-quarter expectations as cost management and yield hikes helped offset volume declines.
The next upturn in the trucking industry could be driven by the supply side, a pattern observed in the past three upcycles, according to a report released Monday by Morgan Stanley.
Old Dominion Freight Line’s November update showed modest improvement from October.
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.
Old Dominion Freight Line is the latest less-than-truckload carrier to implement a general rate increase ahead of schedule.
Old Dominion Freight Line was named as the top national carrier for a 16th straight year by Mastio & Co.
Old Dominion Freight Line reported Thursday that tonnage declines accelerated in August.
