- LTL demand dip impacts rates as carriers focus on operations
Demand for less-than-truckload (LTL) service saw a definite decline in late 2006, leading carriers to focus on streamlining operations to keep costs low while buyers are taking the opportunity to negotiate better rates with LTL providers. The drop in demand for all trucking was clear when the American Trucking Associations’ ......
- Power to the shippers?
Is this the year that will mark the end of truckload carriers' control over pricing? Will shippers be able to return to the days of low-single-digit price hikes, even as they battle fuel surcharges that can approach 20 percent of overall freight rates? Will it finally be a good time ......
- Life after CF equals higher rates, less competition for shippers
The less-than-truckload (LTL) market took a drastic turn in late 2002 after the third largest LTL provider, Consolidated Freightways (CF), declared bankruptcy in September leaving its 15% market share ripe for the picking. But freight buyers want to know how much the demise of one of the most price competitive ......
- Truckload rates kick into high gear
Prepare to dig deeper into your wallet. A combination of factors, including new government regulations, carrier consolidation, higher fuel prices, and labor and equipment shortages are all coming together to push truckload rates to some of the highest levels seen in a decade. And be forewarned: The underlying factors behind ......
- Briefs
Trucking firm Con-Way Transportation Services, a subsidiary of CNF best known for its less-than-truckload (LTL) service, has begun operation of its truckload business. Con-Way Truckload began operations in the first quarter of 2005. Since the mid-2004 announcement that it was opening a truckload business, Con-Way has purchased 46 new tractors ......
- Price Trends
Less-Than-Truckload Shippers of less-than-truckload (LTL) freight were hit by a cumulative 3.9% price increase between May and September 2003. With Consolidated Freightways out of the picture, there was less pressure on the remaining LTL carriers to offer aggressive discounts. As a result, we expect LTL price inflation will continue to ......
- LTL carriers experience slower growth
Just before announcing it was being acquired by UPS, Overnite Transportation announced its general rate increase, following a trend among less-than-truckload (LTL) carriers in 2005 to make such announcements earlier than in years past. Overnite's 5.6% general rate increase went into effect May 2, a full month ahead of last ......