Saia

Five auto haulers are combining to launch an initial public offering on the Nasdaq.

Less-than-truckload carrier Estes plans to add nearly 1,000 doors in 2024 as it brings former Yellow sites online.

Less-than-truckload carrier Saia has opened two terminals as part of a plan to open up to 20 this year.

Saia is partnering with one of Mexico’s largest carriers, Fletes Mexico, to provide cross-border less-than-truckload services.

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.

ArcBest continued to swap out spot freight for higher-margin shipments from core accounts during the fourth quarter.

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.

A Delaware bankruptcy court filing on Wednesday showed the results from a second auction of Yellow’s service centers.

Saia’s fourth-quarter update shows it is retaining the freight it onboarded as a result of Yellow’s collapse.

Old Dominion Freight Line was the latest less-than-truckload carrier to announce an early general rate increase for the new year.

Third-quarter earnings reports show how Yellow Corp.’s market share was redistributed across the less-than-truckload industry.

Saia posted across-the-board gains but its operating ratio worsened as it absorbed higher-than-expected costs.

Less-than-truckload carrier Saia will implement a 7.5% general rate increase in early December.

Averitt Express received the highest overall ranking, with Old Dominion Freight Line voted top national less-than-truckload carrier in a value and loyalty survey.

Equity research analysts are taking less-than-truckload earnings forecasts higher following the industry’s successful absorption of defunct Yellow’s freight.

More than one-third of shippers and brokers polled said they were still searching for a permanent less-than-truckload provider following Yellow’s exit.

Less-than-truckload carrier Saia sees freight surge in the first two weeks of August.

On an earnings call with analysts, Saia’s CEO and CFO tried to address the pending collapse of Yellow without mentioning the company’s name.

Saia’s second-quarter earnings show a decline in volume but by a relatively small amount.

Stock analysts size up less-than-truckload market dynamics following weeks of turmoil at carrier Yellow Corp.

Outgoing Old Dominion CEO Greg Gantt made his final appearance at the UBS conference and looked back on the company’s road to the top of the heap.ODFL

Less-than-truckload carrier XPO reported another modest tonnage decline in May, which was in line with trends at Saia and much better than Old Dominion’s report.

Less-than-truckload carrier Old Dominion reported no seasonal inflection in volumes during May but continued to push yields higher.

Northeast LTL carrier A. Duie Pyle has been growing but is hewing primarily to its existing geographic base.

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.

Less-than-truckload carrier Saia reported January and February tonnage declines that were in line with fourth-quarter declines when adjusting for weather.

Less-than-truckload carrier Saia announced it has added more next-day lanes to its network.

Less-than-truckload carrier Saia implements a 6.5% general rate to offset cost inflation and advance network investment.

The deceleration in less-than-truckload tonnage during the fourth quarter is worse than analysts expected.

Less-than-truckload carrier Saia slightly missed third-quarter expectations and noted volumes softened as the quarter progressed.

More signs of slowing in the less-than-truckload industry appeared Thursday when ArcBest provided a third-quarter update.

Less-than-truckload carrier Saia reports record results for the second quarter and said it has no plans of slowing its growth initiatives.

El transportador LTL añade 2 centros de servicio en Georgia

Less-than-truckload carrier Saia continues to grow its terminal map at an industry-leading pace.

Saia es la última en prohibir los envíos de armas de fuego montadas o desmontadas

A couple of less-than-truckload carriers reported positive demand trends for the first two months of the second quarter.

With first-quarter earnings pretty much all in the book, Todd Fowler of KeyBank discusses how trucking performed in a strong quarter.

El ratio operativo del 84,4% es un récord; las cifras de carga del segundo trimestre hasta ahora son fuertes

LTL trucker Saia set several first-quarter records in its earnings report, and it will add 10 to 15 new terminals this year.

Cowen analyst lowers earnings estimates for truckers as data showing a loosening market mounts.

Old Dominion said Tuesday it has already added capacity at seven locations in its network. The recent expansions trend ahead of its 2022 guidance, which called for growth at eight to 10 terminals.

Less-than-truckload carrier A. Duie Pyle announced Tuesday that its Northeast and Mid-Atlantic footprint now stretches south to Virginia.

Have you ever wondered how much you could make as a truck driver? Or how much you could make driving for someone else?

A Wednesday update from less-than-truckload carrier Yellow Corp. showed volume trends worsened in February on what was supposed to be an easy year-over-year comp.

El descenso del 27% se agrava respecto a enero; otros transportistas registran ganancias

ArcBest reported Friday that the favorable revenue trends logged in the fourth quarter have continued through the first two months of the first quarter.

Los resultados impresionan incluso después de eliminar los
vientos de cola

First-quarter updates from Old Dominion and Saia show LTL carriers are off to another strong start.

The LTL carrier has ambitious plans for growing its footprint over the next two years.

Does a shorter interview and hiring process really help? Canadian truckers and protesters block the border, and Winter Storm Landon assaults the Midwest.

Less-than-truckload carrier Old Dominion raised its long-term margin target when it released better-than-expected fourth-quarter earnings Wednesday.

Saia’s operating ratio was up more than 500 basis points in Q4 2021 compared to the final quarter of 2020.

AskWaves looks at the impact general rate increases have on less-than-truckload rates.

Picking transport stocks in 2022 will not involve a blanket approach, according to Deutsche Bank. However, there are still several companies with significant upside potential.

Less-than-truckload carriers report strong October results. But one analyst questions if the stocks have run too far ahead of results.

Forecasting is great, till it isn’t, drivers are not at fault for West Coast port congestion, and Houston didn’t get the homecoming celebration it was hoping for in the World Series.

The LTL carrier plans on opening 10 to 15 terminals in 2022.

Also on the podcast: The investment drought in oil setting the table for higher prices

Wall Street investors liked what they saw in the company’s earnings, pushing the stock up by more than 8%.

Knight-Swift’s acquisition highlights the LTL industry’s sweet spot in the e-commerce supply chain, says a noted consultant.

Less-than-truckload carrier Old Dominion reported further acceleration in tonnage and yields in the first two months of the second quarter on Thursday.

Less-than-truckload carriers ArcBest and Saia report continued strength in demand through the first two months of the second quarter.

As first quarter earnings continue to be announced, FreightWaves takes a look at how truckload and LTL carriers stack up.

Less-than-truckload carrier Saia reported first-quarter earnings ahead of expectations and guided for second-quarter results to outpace normal seasonality.

Less-than-truckload carrier Saia reports a big year-over-year increase in earnings during the first quarter even as weather negatively impacted one-third of its network.

Less-than-truckload carrier Saia announces the addition of its 20th facility in the Northeast in just the last four years. The LTL market continues to garner incremental investment dollars as demand rises.

Less-than-truckload carrier Yellow Corp., like other LTLs, reports a weather-related falloff in February trends. However, industrial data continues to suggest this LTL freight recovery has legs.

Old Dominion Freight Line said Thursday it would add 800 drivers and more than 400 dockworkers and clerical personnel to meet “robust freight demand.”

Most less-than-truckload carriers have implemented general rate increases for 2021. The average increase is in the mid-single digits, ahead of some increases issued in the past and likely indicative of a firm LTL market.

An open letter from activist investor Ancora Advisors says “ineffective capital allocation” and diversification into “margin- and return-dilutive service offerings” have led to inferior results for Forward Air compared to other less-than-truckload carriers.

In today’s edition of The Daily Dash, freight rates jumped 12% to end 2020, and Amazon wants to help truckers build their own businesses. Plus, Knight-Swift acquires a technology company.

Less-than-truckload carrier Saia laid out expansion plans on its fourth-quarter earnings call. The carrier believes door count growth can exceed recent expansion efforts.

Less-than-truckload carrier Saia reported fourth-quarter results well ahead of expectations Monday. The company reported record operating results in a “most unique year.”

Past Forward Air CFO Andy Clarke outlines his outlook for improving returns at his former company. He represents an activist investor group, which includes turnaround investment firm Ancora Advisors and Forward’s founder.

Deutsche Bank’s December geofencing data suggests LTL volumes continued the positive trends seen in the first two months of the fourth quarter.

Former executives at Forward Air along with an activist investor have been acquiring shares since October in efforts to make changes to the management team, board and capital allocation strategy, which may include divesting “non-core assets.”

ArcBest sees asset-based revenue continue positive streak in November. This is the fourth LTL carrier to report improving trends in the quarter.

YRC Worldwide reports 3% year-over-year increase in November revenue, following a modest decline in October. The company’s overall trends are still lagging those of some competitors.

In today’s edition of The Daily Dash, YRC’s loan is facing scrutiny from Congress, plus LTL tonnage is on the rise and prosecutors ask for the reinstatement of the conviction of former Pilot CEO Mark Hazelwood and two others.

CFO Col: ‘We’re not upset when we have to use it’

Operating income up 21.7% while revenue up just 2.7%; performance far better than Wall Street forecasts

Deutsche Bank’s geofencing data shows less-than-truckload terminal activity at XPO accelerated during the third quarter while other carriers saw moderation.

With many data points sitting at cycle highs, several industry participants are calling for the trucking market’s bull rally to last well into 2021.

Numbers for the division were far worse than those of peers like Old Dominion and Saia; Deutsche Bank recommends breakup of the company

In today’s edition of The Daily Dash, second-quarter earnings are coming fast and furious, and if you are looking to them for definitive answers on the economy, you might be disappointed. Plus, how hackable are ELDs and why is diesel engine maker Cummins so interested in hydrogen?

Saia Inc. has a market capitalization of $3.33 billion and has 169 trucking terminals in 44 states.

Deutsche Bank geofencing data shows the less-than-truckload recovery off of an April bottom spills into June.

Zach and Anthony review some of the latest company earnings and a major economic releases which have yet to reveal the full story of the COVID-19 impact on the freight economy.

With the belt tightened at YRC, a covenant waiver and benefits contribution deferral are still required.

Most companies are right near the 25% decline in the market since February 1.

Many freight and logistics providers have reported weak earnings in the past few weeks. Due to the current operating environment, these totals were expected and investors have begun buying into the second half recovery story.

Saia’s q4 EPS comes in light. Operating income, operating ratio hit by higher expenses on multiple fronts

Saia’s CFO leaves after just 8 months to return to reefer warehousing firm Americold

Saia, Old Dominion fourth quarter updates show that one may be gaining at the expense of the other

Saia’s expansion in the Northeast U.S. had its risks but appears to be paying off

But a lot depends on stabilizing global growth and an industrial recovery in the United States.

Saia Inc. (NASDAQ: SAIA) reported that its revenues and operating income were up in the second quarter of 2019. Headquartered in Johns Creek, Georgia, the less-than-truckload (LTL) carrier reported an […]

Saia’s interim report also showed a slowdown in LTL activity.