News / Softer industrial demand pushes LTL onto a bumpy road

Compared with operators in the truckload and parcel sectors, less-than-truckload (LTL) carriers have been caught in the trough that followed the  stronger 2021/22 market.

Still, several LTL executives have recently expressed discomfort over the balance of their traffic, which is tilted to the retail freight side, and economic indicators suggest their discomfort will continue.

Like their peers in the truckload and parcel sectors, LTL carriers are still struggling with headwinds. Tonnage growth has continued to shrink since the ...