Topic
ltl
Logistics LTL's All-In Rate Hits Multi-Year High, but Fuel Surcharge Masks Base Rate Cuts
LTL all-in revenue per hundredweight has reached its highest level in five years, but the gain is entirely driven by fuel surcharges. Base rates remain flat to negative, with carriers cutting rates across freight classes to compete for volume. The Yellow liquidation in mid-2023 created a floor for LTL pricing, while the recent recovery in truckload contract rates signals a broader freight cycle turn.
Amazon's LTL Gap: Buying Forward Air Could Solve Expedited Tier
Amazon launched a national economy LTL network, but lacks a premium expedited tier. FreightWaves argues that acquiring Forward Air — which operates a scheduled, airport-centric road feeder network — would instantly fill that gap and create a formidable competitor to incumbents like Old Dominion and FedEx Freight.
Logistics Amazon's LTL Entry Unlikely to Disrupt Market
Amazon's expansion into the less-than-truckload (LTL) market is not expected to significantly disrupt existing carriers, according to analysts. Despite Amazon's asset-light model and extensive network, the market's high barriers to entry and established players' strong service offerings limit immediate impact.
Logistics Old Dominion's May Update Shows LTL Market Recovery
Old Dominion Freight Line reports a 12.3% year-over-year increase in revenue per day for May, reflecting an improving less-than-truckload (LTL) market. Despite a slight decline in tonnage, the company benefits from rising diesel prices and heavier shipment weights.
Logistics FedEx Freight's New Path as Standalone LTL Carrier
FedEx Freight has officially become a standalone less-than-truckload (LTL) carrier, trading under the ticker FDXF. This strategic move allows FedEx Freight to focus on LTL services, aiming for growth in revenue and operating income.