less-than-truckload News Updates

The Jacksonville, Fla.-based motor carrier posted net income of $39.4 million, or $1.16 a diluted share, for the three months ending March 31.

TFI International posted a stronger first quarter than expected, aided by acquisitions made during the freight downturn that grew its industrial customer base.

Saia opened its newest terminal in York, Pa., to enhance its network in the Northeast, the Johns Creek, Ga., carrier announced April 20.

The carrier’s post-market announcement April 16 is intended to reset expectations ahead of the release of earnings for the first quarter on April 22.

Echo Global Logistics expanded its consolidated refrigerated less-than-truckload service with a new facility in Sacramento, Calif., the company said April 14.

FedEx Freight plans to target improved market share among four segments of the less-than-truckload market as a stand-alone entity, according to top executives.

Canada-based carrier Kriska Transportation Group has acquired temperature-controlled trucking company Sharp Transportation Systems.

Averitt Express is expanding its core less-than-truckload business to get ahead of what it sees as an emerging upturn in the freight market.

Currently, Maersk operates 65 ground freight facilities in the U.S. The next terminals to open will be smaller than the Fontana site, the spokeswoman said.

Saia posted record quarterly revenue even as market challenges continued to weigh on earnings in the fourth quarter of 2025, the company reported Feb. 10.