less-than-truckload News Updates

John E. Wren, who made an enduring impact on the industry in Minnesota and nationwide, died June 16. He was 80.

It's clear the market has turned and the longest freight downturn in industry memory is at an ending, but unrelenting uncertainty is here to stay, researchers say.

Costs for carriers continue to increase, and spot rates across all segments of the North American freight market jumped in the first five months of 2026.

The announcement follows ASCS’ Amazon Freight unit stepping out of the shadows May 4 after months of rumor. The company already has LTL experience.

The carrier opened terminals in Washington and Indiana, as the Johns Creek, Ga.-based company looks to build density into its nationwide LTL network.

The Plain City, Utah, native was CEO of Knight Transportation from 1994 to 2014. He was one of four founders of the company in 1990.

Carriers and shippers can expect a few bumps on the freight market’s road to recovery even as rates continue to climb, FedEx Freight CEO John Smith says.

“Data, predictive analytics and AI-driven logistics are reshaping how we manage capacity and deliver more reliable service,” FedEx Freight's John Smith said.

Saia's operating revenue increased 2.4% to $806.2 million from $787.6 million. The operating ratio ticked up, increasing 60 basis points to 91.7 from 91.1.

XPO’s North American LTL adjusted OR improved 200 basis points year over year to 83.9. Total revenue increased 7.3% to $2.1 billion from $1.95 billion.