Latest News for LTL
OGDEN, Utah, June 16, 2026 (GLOBE NEWSWIRE) -- TAB Bank closed an $8 million working capital facility for Optimum Foods, a Veteran-Owned Small Business with primary operations in Texas that provides and distributes shelf-stable meal solutions nationwide through parcel, less-than-truckload (LTL), and full truckload shipping. The financing will support increased production capacity, inventory purchases, and working…
Shares of major less-than-truckload (LTL) transportation companies fell on Wednesday. The decline came after Amazon unveiled a broader expansion of its freight business, raising concerns that the e-commerce giant could become a stronger competitor in the freight and logistics market.
Businesses of all sizes can now use Amazon's less-than-truckload (LTL) service to move freight into their own warehouses, between their own facilities, and to their retail partners and distributors.
Old Dominion Freight Line and FedEx Freight shares are falling Wednesday.
ODFL's May LTL revenue per day rose 12.3% as revenue per hundredweight climbed, though shipments and tons per day fell.
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