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Tag: ltl
LTL sector could be poised for big gains
2015-07-14 21:22:24| Trucking - Topix.net
The return of manufacturing into North America , the evolution of e-commerce delivery needs , and a TL industry projected to suffer the " mother of all capacity shortages " by 2017 are trends poised to give a huge boost to the U.S. LTL sector in the coming years a boost that should significantly fatten LTL profit margins as well. "It's really all about putting more volume through the network to gain density, pickup and delivery density, economies of load factor in the LTL business," noted John Larkin, head of the transportation and logistics equity research group at Wall Street investment firm Stifel, Nicolaus & Co.
Us LTL trucking companies report increased 2Q volume
2015-06-16 03:24:55| Trucking - Topix.net
Two of the largest publicly owned less-than-truckload carriers, Old Dominion Freight Line and ABF Freight System, reported stronger than expected freight demand in the early second quarter, echoing the mid-quarter report of truckload company Landstar System.
Tags: report
companies
volume
increased
Old Dominion Riding High as LTL Evolves
2015-04-17 11:25:36| Trucking - Topix.net
How has the less-than-truckload business changed over the past decade? Stifel Transportation & Logistics Research Group decided to explore that topic in a recent note to investors. "There has certainly been a changing of the guard at the top, as Old Dominion has replaced FedEx Freight/Con-way Freight as the most profitable carrier in the industry," reports David Ross, managing director at Stifel.
Tags: high
riding
dominion
evolves
ODFL to raise LTL tariff rates 4.5 percent on average
2014-12-16 02:25:26| Trucking - Topix.net
Encouraged by strong manufacturing activity and freight demand, less-than-truckload carriers are raising their non-contract and contract rates.
Tags: average
rates
percent
raise
Old Dominion LTL Expands in Two Locations
2014-12-13 02:55:13| Trucking - Topix.net
Old Dominion Freight Line has expanded its less-than-truckload services in Portland, Ore., and Chattanooga, Tenn. The company opened a brand new facility in Portland and renovated an existing service center in Chattanooga.
Tags: two
locations
expands
dominion