Less-than-truckload carriers remained profitable during the fourth quarter but had a tougher time operating compared with earlier periods in 2015 as well as the final quarter of 2014, recent earnings statements show. 聽 聽
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September 3, 2015Business
Most LTL Profits Rise in 2Q, Lifted by Higher Freight Rates
Second-quarter earnings in the less-than-truckload sector mostly trended upward, fleets said last week, although profitability at the third-largest LTL carrier, Con-way Freight, declined by 16%.
August 3, 2015Business
Profits Jump Sharply for LTL Carriers as Shipment Volumes Increase in 4Q
Fourth-quarter profits rose sharply at five publicly traded less-than-truckload carriers, buoyed by strong shipment growth across the sector.
February 9, 2015Business
LTLs Report Higher Second-Quarter Profits as Business Conditions Continue to Improve
All but one publicly traded less-than-truckload operation capitalized on improving industry conditions to help companies to achieve higher second-quarter profits.
August 4, 2014Business
Con-way, ODFL, YRC Freight Join uShip LTL Marketplace
Online freight marketplace uShip announced聽April 16 that three national less-than-truckload carriers have committed to join uShip鈥檚 shipper-direct LTL spot rate marketplace.
April 16, 2014Business
Apex Freight Acquires Colorado Logistics Firm
Apex Freight Services said it has acquired Evergreen, Colo.-based third-party logistics firm Timberline Freight Services. Terms were not disclosed.
August 6, 2013Business
Roadrunner Buys Expedited Freight Systems Inc.
Roadrunner Transportation Systems said Monday it has acquired less-than-truckload provider Expedited Freight Systems Inc. for about $10 million.
August 14, 2012Business
LTL Fleets Boost Profits on Higher Tonnage, Price Gains
Tonnage and pricing improvements in the second quarter helped many less-than-truckload fleets boost their profits significantly in the quarter.
August 6, 2012