Express Carriers Association

I recently returned from my sixth trip to the Express Carriers Association (ECA) annual marketplace.  This year, the marketplace was conducted in Chicago and attendance was up.  I don’t know if it is because the economy is doing better, or if …

LTL Carrier Rate Myths Exposed – Myth #1

I get to talk with a lot of shippers all over the country about their transportation and am stunned by some of the misconceptions I hear about LTL carrier rates. So… I decided to take a week and expose 5 …

What the C-Suite Really Needs to Know About Shipping

I continue to ask carrier sales representatives about the various job titles they call upon.  My instincts tell me that the days of the Traffic Manager or Transportation Manager have all but disappeared.  I do engage with Logistics Managers from …

Old Dominion Reports Financial Results for 2011

Old Dominion Freight Line reported an 84.4% increase in profit during 2011 while revenues increased a whopping 27.1%  Old Dominion’s profit was $139.5 million while revenue during the 4th Quarter almost equaled revenues during the 3rd Quarter.

 Furthermore, …

Saia Tops $1 Billion Mark

Saia reported vastly better financial results for 2011 than it did in 2010.  An overall 11 percent increase in yield drove the company above the $1 billion revenue mark for the first time and higher profitability.

 Saia’s President attributed the …

YRC Changes Name of Carrier

 One day after announcing an exit from next day service, YRC Worldwide changed the name of its largest subsidiary from YRC to YRC Freight.  YRC Worldwide stated that they wanted to have a brand similar to the other big carriers …

YRC Exits Next Day Business

YRC announced a proposed change of operations to restructure its network that effectively will remove them from servicing next day points via normal ground service.  YRC stated they wanted to be the premier carrier servicing shipments in the 2-5 day …

2012 Shipping Forecast

If you are making, buying or selling durable goods, you are involved in the volatile shipping world.  Judging by things I read, people I talk to and general observations, shippers are in for both good and bad news.  On the …