Old Dominion sees tonnage plummet again in May
Less-than-truckload carrier Old Dominion reported no seasonal inflection in volumes during May but continued to push yields higher.
Less-than-truckload carrier Old Dominion reported no seasonal inflection in volumes during May but continued to push yields higher.
Less-than-truckload carrier Saia reported second-quarter volume metrics on Friday that imply a high-single-digit sequential increase in tonnage from the first quarter.
Saia’s revenue trends in April are much better than its less-than-truckload peers.
Old Dominion said Wednesday that volumes have stagnated and some of its customers are pushing back on pricing.
XPO fills vacant chief operating officer role with an Old Dominion veteran.
Less-than-truckload carrier XPO said it added 30-year industry veteran Wes Frye to its board as it pursues a six-year financial improvement plan.
Less-than-truckload carrier Old Dominion sees volumes drop again in February but notes the worst of it may be behind them.
Amid falling tonnage throughout the less-than-truckload complex, Old Dominion posts another large earnings beat.
Less-than-truckload carrier Old Dominion moved forward with a long-term succession plan Tuesday, announcing that its chief operating officer will replace its CEO in July.
El director de operaciones Marty Freeman sucederá a Greg Gantt
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Less-than-truckload carriers are hopeful a recent round of general rate increases stick on the downside of the cycle.
Less-than-truckload tonnage declined at an accelerated pace through November.
The unit’s “space and pace” program will bypass the class-rates formula in favor of pricing based on dimensions and weight.
Old Dominion said Wednesday that it’s likely more than half way through this volume downturn.
Less-than-truckload carrier Yellow Corp. sees tonnage fall by mid-teen percentages in the first two months of the third quarter as it implements the first phase of its restructuring.
Third-quarter updates from less-than-truckload carriers highlight a freight market that continues to slow.
Old Dominion Freight Line’s 69.5% operating ratio during the second quarter was not only a company best but a best-ever result for a public carrier.
Old Dominion’s latest offering is designed to provide a single rate with no surprises.
Dock-to-driver programs can be a steppingstone for someone who can’t afford truck driving school.