LTL price hikes by US carriers expected to stick, despite softer market
Although demand has declined slightly, general rate increases announced by major LTL carriers in the ...
PRESS RELEASE
Saia Provides Fourth Quarter LTL Operating Data
JOHNS CREEK, Ga., Dec. 03, 2024 (GLOBE NEWSWIRE) — Saia, Inc. (Nasdaq: SAIA), a leading transportation provider offering national less-than-truckload (LTL), non-asset truckload, expedited and logistics services, is providing LTL shipment and tonnage data for the first two months of the fourth quarter. In October 2024, LTL shipments per workday increased 4.4%, LTL tonnage per workday increased 6.9% and LTL weight per shipment increased 2.4% to 1,352 pounds compared to 1,321 pounds in October 2023. In November 2024, LTL shipments per workday increased 2.3%, LTL tonnage per workday increased 5.7% and LTL weight per shipment increased 3.3% to 1,357 pounds compared to 1,313 pounds in November 2023.
The full release can be read here
On the same day, XPO released ia preliminary trading update – read: ‘XPO Provides North American LTL Operating Data for November 2024‘ – that was in line trend-wise with the figures disclosed by Old Dominion here.
Mixed at best…
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