AFS Logistics

LTL rates projected to keep rising y/y in Q2, TL rates to stay ‘at the bottom’

Amid soft demand and trade uncertainty, less-than-truckload pricing remained resilient during the first quarter while truckload rates stayed depressed. The trends are expected to continue through the second quarter, a Tuesday report from 3PL AFS Logistics and financial services firm TD Cowen showed.

The LTL rate-per-pound component of the TD Cowen/AFS Freight Index stood 63.8% higher in the 2025 first quarter than its January 2018 baseline. That was a 280-basis-point increase year over year and...

https://www.freightwaves.com/news/ltl-rates-projected-to-keep-rising-y-y-in-q2-tl-rates-to-stay-at-the-bottom

LTL pricing discipline may not hold, report says

Less-than-truckload pricing appears in need of the next catalyst, according to a report from 3PL AFS Logistics and financial services firm TD Cowen. The update classified LTL rates as steady but noted “some indication carrier pricing discipline may start to crack” as demand remains tepid.

The industry got a reprieve from the freight recession in the summer of 2023 when the nation’s third-largest LTL carrier, Yellow Corp. (OTC: YELLQ), shut down. With the industrial economy in its third year of a...

https://www.freightwaves.com/news/ltl-pricing-discipline-may-not-hold-report-says

AFS Logistics names Andy Dyer new CEO

Freight payments and audit company AFS Logistics announced Wednesday that Andy Dyer is its new CEO. Dyer has been the 3PL’s head of transportation management the past four years. The news release made no reference to former CEO Tom Nightingale.

Nightingale was a vocal leader of the company, appearing at industry events discussing the company’s quarterly dataset for truckload, less-than-truckload and parcel rates. Nightingale was named AFS’ CEO in 2020.

“We have focused on building the AFS brand...

https://www.freightwaves.com/news/afs-logistics-names-andy-dyer-new-ceo

AFS Logistics acquires DTA Services, combines freight auditing platforms

AFS Logistics announced Tuesday the acquisition of DTA Services.

Freight audit, payments and consulting company AFS Logistics announced Tuesday the acquisition of Canadian peer DTA Services.

Based in Toronto, 102-year-old DTA is the second-biggest freight bill auditing, cost management and analytics outfit in Canada. The company primarily advises manufacturers, retailers and consumer packaged goods companies on managing their transportation spend. In addition to growing AFS’ Canadian footprint, the deal will add parcel, less-than-truckload, freight brokerage...

https://www.freightwaves.com/news/afs-logistics-acquires-dta-services-combines-freight-auditing-platforms

LaserShip names Mike Roth, top Amazon logistics executive, interim CEO: Source

Regional parcel delivery carrier LaserShip, which is poised to acquire fellow regional carrier OnTrac for about $1.3 billion, has named Mike Roth, a longtime Amazon.com Inc. operations executive, as its interim CEO, according to a person familiar with the matter.

Barring an unforeseen event, Roth will steer the integration of the two companies, which is expected to lead to the development of the first national parcel delivery network built from regional players. Roth succeeds Brett Bissell, who...

https://www.freightwaves.com/news/lasership-names-mike-roth-top-amazon-logistics-executive-interim-ceo-source