Estes to open at least 20 terminals this year
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 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.