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原文传递 State of LTL 2021: Bull market
题名: State of LTL 2021: Bull market
正文语种: eng
作者: JOHN D. SCHULZ
摘要: This is a great time to be a less-than-truckload (LTL) carrier. Unlike their truckload (TL) competitors where pricing discipline is scant because of ease of market entry, the top 10 LTL carriers control about 75% of their total $43.6 billion market. And these top players are a "who's who" of technology giants such as FedEx Freight and newly rechristened TForce Freight, the $3.1 billion former UPS Freight that was recently sold to Canada-based conglomerate TFI International for $800 million. They're all following market profitability leader in Old Dominion Freight Line (ODFL), and a savvy multi-dimensional player like XPO Logistics as well as a revitalized Yellow Corp. That latter giant, Yellow, has been salvaged into profitability by a $700 million loan from the federal government under the Coronavirus Aid, Relief and Economic Security (CARES) Act. Finally, throw in a bunch of highly competitive, well-run private carriers such as Pitt Ohio, Estes Express, Southeastern, Saia, and Averitt Express among others, and it's a well-positioned market-for carriers, at least.
出版年: 2021
期刊名称: Logistics Management
卷: 60
期: 3
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