Daylight Transport and Old Dominion Freight Line garnered the top rankings in consulting and research firm Mastio’s 2024 survey of shippers.
Saia announced plans to open three more terminals in September, which is part of a larger plan to open 18 to 21 this year.
Susquehanna Financial Group analyst Bascome Majors cut his earnings forecasts for less-than-truckload carriers following a soft August.
Some less-than-truckload carriers reported weaker tonnage trends in August but continued to capture increases in yields.
Less-than-truckload carrier Saia is still recording volume growth even though a year has passed since Yellow Corp. closed and the comparisons have gotten tougher.
Less-than-truckload carrier Saia is adding six locations acquired from Yellow Corp. in Montana, South Dakota and Wyoming in August.
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Growth-related costs and a less favorable freight profile led to Saia’s second-quarter results coming up short of expectations.
A first look at less-than-truckload carrier Saia’s second-quarter earnings report.
Less-than-truckload carrier Saia announced two new terminal openings on Monday and said it will now open 18 to 21 terminals this year versus a prior expectation of 16.
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Less-than-truckload carrier Saia continues to open terminals acquired from bankrupt Yellow Corp.
Less-than-truckload carrier XPO reported a modest increase in volumes during May, but yields took a notable step higher.
Old Dominion’s volume metrics continue to lag peers, largely by design.
Less-than-truckload carrier Saia reported an acceleration in its volume metrics for May, sending its share price up 14% on Tuesday.
Less-than-truckload carrier Saia has tapped Matthew Batteh, vice president of finance, as its new chief financial officer.
LTL executives highlight shippers moving spillover LTL freight to full truckload amid market weakness and low rates.
TFI CEO Alain Bedard thinks the company’s U.S. LTL operations are booking too much light freight.
Saia and other less-than-truckload stocks sink for a second time in a week as quarterly reports disappoint.
Five auto haulers are combining to launch an initial public offering on the Nasdaq.
