La industria menos que la carga de la carga puede enfrentar un cambio sísmico a medida que circulan los rumores de que el gigante de comercio electrónico Amazon se está preparando para expandir las operaciones como un operador LTL de alquiler. Los mercados LTL, que ya están lidiando con tibias...
https://fullavantenews.com/amazon-esta-en-curso-para-volcarse-la-industria-ltl/?lang=es
The less-than-truckload industry may face a seismic shift as rumors circulate that e-commerce behemoth Amazon is preparing to expand operations as a for-hire LTL carrier.
LTL markets — already grappling with tepid demand and pricing pressures — now confront the specter of a formidable new entrant. Recent data suggests that the industry is approaching an inflection point where carrier pricing discipline could begin to erode.
Amazon’s strategic maneuvering toward LTL capabilities is evidenced by...
https://www.freightwaves.com/news/is-amazon-on-course-to-upend-ltl-industry
Less-than-truckload carrier XPO reported another strong financial performance at the bottom of the cycle. Shares of the company’s stock surged 8.8% in early trading Thursday after stepping higher on Wednesday following a better-than-expected report from a competitor.
XPO (NYSE: XPO) recorded 260 basis points of operating ratio (inverse of operating margin) improvement during 2024 while the rest of the industry saw margin deterioration. XPO also guided to 150 bps of year-over-year OR improvement...
https://www.freightwaves.com/news/xpo-shares-up-on-strong-q4-financial-performance
Old Dominion Freight Line is fairly hopeful about the new year. It has shouldered the cost burden of carrying more than 30% excess capacity while awaiting a market turn. However, once more volume is poured into the relatively high fixed-cost network, margins will start to meaningfully grow again.
“I’m cautiously optimistic that we’re going to have at least a good second half of 2025, President and CEO Marty Freeman told FreightWaves.
Freeman said he was encouraged by some recent trends, noting...
https://www.freightwaves.com/news/old-dominion-poised-to-take-share-when-market-turns
Less-than-truckload carrier Saia took market share again in the fourth quarter, but margins slid as new business wins and terminals came online. The company is at the tail end of an intense network growth initiative that has catapulted it to a national carrier serving all 48 contiguous states. The focus will now shift to pricing and margin opportunities.
Saia (NASDAQ: SAIA) beat fourth-quarter expectations Monday, reporting earnings per share of $2.84, 7 cents higher than the consensus estimate...
https://www.freightwaves.com/news/saia-excited-about-pricing-opportunities-across-expanded-network
Financial results across the less-than-truckload industry remain constrained as the industrial economy enters the third year of a downturn. ArcBest has been working to improve profitability by revamping its freight mix and focusing on efficiency and cost-cutting initiatives, but at some point, it needs more volume to bear fruit.
The Fort Smith, Arkansas-based transportation and logistics provider reported fourth-quarter adjusted earnings per share of $1.33 on Friday, 28 cents better than the...
https://www.freightwaves.com/news/arcbest-ltl-industry-short-on-volume
Transportation and logistics provider ArcBest (NASDAQ: ARCB) reported fourth-quarter adjusted earnings per share of $1.33 on Friday, 28 cents better than the consensus estimate but $1.14 lower year over year.
The adjusted result excluded 9 cents per share in items considered one-offs, like expenses tied to past acquisitions, costs from technology pilot programs, equipment and software write-downs, and a reduction in the expected earnout at truck broker MoLo, which was acquired three years ago.
“Th...
https://www.freightwaves.com/news/first-look-arcbest-q4-earnings
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
Less-than-truckload carriers are still seeing negative tonnage results at what is likely the bottom of the cycle. XPO and Old Dominion Freight Line are the latest to provide November results after updates from a pair of carriers sent shares for the group lower on Tuesday.
XPO eyeing Q4 margin improvementXPO (NYSE: XPO) reported a 4% y/y decline in tonnage per day during November, which followed an 8% decline in October. October was up against a tough comp due to a cyberattack at Estes last year...
https://www.freightwaves.com/news/xpo-old-dominion-waiting-for-market-turn
Shares of less-than-truckload carriers were lower Tuesday after two companies provided fourth-quarter updates. The updates likely reflect the bottom of the cycle, the point where carriers are in need of more volume, or an improved freight mix, moving through their high fixed-cost networks.
ArcBest (NASDAQ: ARCB) was down 1.6% at 11:19 a.m. EST while shares of Saia (NASDAQ: SAIA) were down 2.7%. The S&P 500 was down just 0.1% at the time.
ArcBest’s network needs more freightArcBest’s asset-based...
https://www.freightwaves.com/news/ltl-stocks-sag-on-q4-updates