less-than-truckload News Updates

CEO Mario Harik cites reduced damages and improved service quality that set company records in 2025 as a reflection of a commitment to enhanced customer experience.

The Jan. 27 four-part offering includes notes maturing in three to 10 years, Bloomberg reported. FedEx said in December 2024 it would separate its freight business as part of a broader effort.

Saia rebranded its LinkEx division as Saia Logistics in mid-January ahead of an expansion outside of the less-than-truckload carrier’s core operations.

Less-than-truckload carrier A. Duie Pyle continues to expand its core mid-Atlantic and Northeast geographical footprint, announcing plans for a service center in Suffolk, Va.

FedEx has filed to spin off its freight division into its own stand-alone business, the company announced Jan. 16. The separation is on schedule to be completed June 1.

One of the biggest reasons for settling the dispute, according to court records, is that continuing to explore legal avenues would take up more of the dwindling funds Yellow has available.

Hedge fund MFN and its affiliate objected to confirmation of the plan because they believe the unsecured creditors will have too much influence on where the funds are dispersed.

The company posted net income of $7.86 million, or 5 cents a diluted share, for the three months ended Sept. 30. That compared with $30.5 million, 19 cents, a year earlier.

The 100,000-square-foot plant is designed to process thousands of shipments weekly, serving the Dallas-Fort Worth metroplex and Maersk’s broader national network.

ArcBest plans to launch a proprietary transportation management system in early 2026 that will be known as “ArcBest View,” top executives said.