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Less than Truckload (LTL)

Stay Up to Date on the LTL Industry
Less than truckload (LTL) refers to shipping services for relatively small loads of freight (typically between 150 and 15,000 pounds). One of the main benefits of the LTL industry is cost efficiency. LTL trucking allows shippers to combine several loads going to the same facility into one truck, creating economies of scale, with each shipper only paying for the space they use. On the flip side, LTL shipping can take longer to plan and organize. Shipments may also take longer since the truck has to be filled before it leaves and may have to make multiple stops or transfers on the way to a given destination .

 

The explosion in online shopping sparked by the pandemic has made a marked impact on the LTL industry. As online shopping grows, demand for LTL trucking has increased significantly, putting stress on an already-burdened industry. To better understand the state of the LTL industry, we teamed up with BlueGrace Logistics to survey shippers about their approaches to LTL trucking in today’s environment.

 

Download our report to learn more: Evolution of LTL

Craig Fuller, CEO at FreightWaves Thursday, January 23, 2020

Online Haul of Fame: Con-way Freight

Earlier this month, the CEO of XPO (NYSE:XPO), Brad Jacobs, announced that he intended divest operating units of XPO in an effort to maximize shareholder value. One thing was clear, however. Jacobs intended to hold onto the less-than-truckload (LTL) operations of XPO that were formerly known as Con-way. As part of our Online Haul of Fame Series, here is a look back at the history of Con-way.

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Craig Fuller, CEO at FreightWaves Thursday, January 16, 2020

Haul of Fame: Jevic Transportation

Jevic Transportation was founded in 1981 in Delano, New Jersey by Karen and Harry Muhlschlegel. The Jevic name was a combination of the names of the three Muhlschlegel children. Founding a trucking company just one year after deregulation was ambitious, but the gamble proved profitable. Jevic enjoyed prosperity throughout the 1980s and the early 1990s.

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