News / LTL price hikes by US carriers expected to stick, despite softer market

© Mohamed Ahmed Soliman |

Although demand has declined slightly, general rate increases announced by major LTL carriers in the US are likely going to stick – unlike price hikes in the parcel sector, which have been largely neutralised by discounts designed to retain customers. 

Two major carriers – FedEx Freight and ABF Freight – have announced increases of 5.9%. Saia is an outlier at the top end with a 7.9% rate hike, while Old Dominion is raising prices by 4.9% starting 2 December. 

Supposedly, these increases ...