TD Cowen

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

Reducing waste, manual touches ‘big opportunity’ for C.H. Robinson

With the fall season for investment conferences kicking off within the first days after Labor Day, it also means that new C.H. Robinson CEO Dave Bozeman is taking to the road to make his case about how to engineer a rebound at the country’s largest 3PL.

At the TD Cowen conference in Boston Thursday, Bozeman returned to many of the same themes that he addressed during his first quarterly earnings call with analysts in August, though with another month of experience under his belt. Bozeman took...

https://www.freightwaves.com/news/reducing-waste-manual-touches-big-opportunity-for-c-h-robinson