Trucking revenue broke records in 2021, riding on a wave of mergers and acquisitions as well as swelling rates and unrelenting demand, and analysts forecast that 2022 will continue the positive trend.
UPS Freight news and analysis. Get the latest news about UPS Freight and the trucking industry.
29 Oct 2021
With less-than-truckload demand high and capacity tight, TFI International is clawing back its US LTL network to improve freight and lane density and profitability.
21 Apr 2021
The 50 largest US trucking operators increased combined revenue 7.4 percent in a recession as consumers drove frenzied freight demand.
25 Jan 2021
The sale of its $3.1 billion less-than-truckload (LTL) subsidiary narrows UPS’s focus and gives TFI International a much bigger presence in the North American LTL market, from Canada to Mexico.
20 Aug 2020
With record parcel volumes expected to continue into the holiday peak season, carriers are implementing surcharges to manage demand while shippers struggle to secure capacity and mitigate costs.
28 Apr 2020
The COVID-19 pandemic has flipped UPS’s business, with nearly 70 percent of package volume now residential. That means more mileage, more stops, and more costs.
30 Jan 2020
As its US network gets faster and more automated and e-commerce demand keeps growing, UPS is taking aim at small to mid-sized businesses in 2020.
27 Dec 2019
Less-than-truckload (LTL) carriers maintained pricing discipline and focusing on their bottom lines in 2019, but the overall outlook for the sector in 2020 still depends largely on a flagging US manufacturing industry.
07 May 2019
Trucking companies say a proposal by New York Governor Andrew Cuomo to charge a fee for vehicles entering a “congestion pricing” zone in Manhattan would drive up costs that would then be passed on to shippers.
22 Apr 2019
The 50 largest US trucking operators grabbed a larger share of the market, while smaller carriers raised the bar in terms of revenue growth last year thanks to the strongest freight market since the 2009 recession.
01 Apr 2019
The largest 50 US trucking firms saw their share of for-hire revenue jump by double digits last year compared with pre-recession levels, as shippers give bigger carriers more business.
12 Nov 2018
UPS Freight resumed pickups and began accepting freight shortly after Teamsters employees approved a second and 'last, best, final' contract proposal Sunday.
09 Nov 2018
Shippers search for alternate carriers as rank-and-file union members vote on ‘last, best’ offer from LTL carriers.
01 Nov 2018
Less-than-truckload (LTL) shippers must scramble to find alternatives and anticipate higher pricing, as UPS Freight stops taking freight ahead of a Teamster vote on its ‘last, best, final’ contract offer. Freight is unlikely to be stranded, but it will probably move at a premium, as LTL carriers prioritize freight from existing customers.
09 Oct 2018
For shippers, the results of the latest vote on a Teamsters union contract at UPS were nothing if not confusing. But don’t panic. There’s little chance the wheels will stop turning at UPS or UPS Freight.
27 Oct 2017
Third-quarter earnings reports reveal across-the-board increases in transportation rates, with little sign pressure will ease soon.
01 Aug 2017
A steady increase in freight volumes and e-commerce demand is fueling an expansion of LTL networks, with YRC Freight planning eight distribution centers.
09 Feb 2017
Large less-than-truckload carriers are rolling into 2017 on a firmer foundation and look to boost pricing.
27 Oct 2016
As e-commerce volumes rise, UPS is adding more capacity.
13 Sep 2016
Many of the largest less-than-truckload carriers are seeking increases in non-contract rates despite the weak freight market.
01 Aug 2016
Despite lower volumes, many LTL carriers say they are still winning contractual rate increases.
26 Jul 2016
US trucking industry pioneer built one of the largest LTL carriers, now UPS Freight.
19 Feb 2016
Third-party logistics providers already control about 25 percent of the less-than-truckload freight market, and that share is growing, as shippers look for 3PLs with assets and broad portfolios.
11 Feb 2016
Jack Holmes, the career UPS executive who became president of UPS Freight in 2007, will retire in June. Rich McArdle, another UPS veteran, will take his place.
15 Jan 2016
Thanks partly to its acquisition of non-asset truckload specialist Coyote Logistics, UPS is opening new routes into shippers' cross-border supply chains.
30 Apr 2015
UPS Freight is adding liquefied natural gas-powered tractors to its less-than-truckload fleet, cutting emissions and, hopefully, long-term term fuel costs. Shippers still want trucking partners to help them reach sustainability goals.
16 Mar 2015
Truck drivers at the Stockton, California terminal of FedEx Freight, the largest U.S. trucking company, voted to join the Teamsters union, making Stockton the fourth terminal to go union since the start of an organizing campaign last fall. However, six terminals have rejected the union, and the Teamsters have withdrawn six election petitions.
12 Jan 2015
Larger international shippers increasingly use UPS's expedited freight service as a strategic "cushion" or aid in supply chain planning, as well as for urgent shipments.
12 Dec 2014
Con-way Freight workers in Miami Lakes, Florida, voted to join the Teamsters union, making their facility the third in Con-way's LTL network to go union. Three other terminals have rejected the Teamsters.
01 Dec 2014
Pricing power and advances in technology are spurring innovation in LTL pricing, encouraging carriers to test out dimensional-weight pricing and other alternatives to class-based tariff rates as they seek more dynamic, flexible pricing models.
13 Nov 2014
Road and city drivers at a FedEx Freight terminal in Newark, N.J., voted against joining the Teamsters union — the second victory for FedEx Freight in four elections.
28 Oct 2014
Employees at two Con-way Freight terminals in Southern California rejected the Teamsters while those at another voted for the union. The company could face more elections.
21 Oct 2014
UPS will raise freight rates for air and ground packages, domestic and international shipments and less-than-truckload freight by 4.9 percent on average Dec. 29, the company said Monday.
15 Oct 2014
The Teamsters union is intensifying efforts to organize truck drivers and other workers at FedEx Freight and Con-way Freight, the two largest U.S. less-than-truckload trucking companies.
14 Oct 2014
Dimensional weight pricing is now available to all UPS Freight customers on an optional basis, a spokeswoman fo
02 Sep 2014
UPS is making some major moves to tap growing domestic freight in Mexico, driven by the manufacturing sector and fueled by export demand and a burgeoning middle class.
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