Reported 17 days ago
The LTL pricing index reached a new high in Q3, with rates-per-pound standing 65.1% above the January 2018 baseline, and forecasted to slightly dip to 64.8% in Q4. Despite challenges in the manufacturing sector, LTL carriers continue to exhibit pricing power, emphasizing yield management rather than volume. The upcoming earnings reports from major carriers such as Old Dominion Freight Line and J.B. Hunt are keenly anticipated amidst a continued focus on profitability in a challenging freight environment.
Source: YAHOO