krogragg

Category: Less than Truckload (LTL)

  • Exclusive: Central Freight Lines to shut down after 96 years

    Exclusive: Central Freight Lines to shut down after 96 years Nearly, 2,100 employees will be laid off right before Christmas. Central Freight Lines is the largest trucking company to close since Celadon ceased operations in 2019. Waco, Texas-based Central Freight Lines has notified drivers, employees and customers that the less-than-truckload carrier plans to wind down…

  • LTL rates projected to keep rising y/y in Q2, TL rates to stay ‘at the bottom’

    LTL rates projected to keep rising y/y in Q2, TL rates to stay ‘at the bottom’ Amid soft demand and trade uncertainty, less-than-truckload pricing remained resilient during the first quarter while truckload rates stayed depressed. The trends are expected to continue through the second quarter, a Tuesday report from 3PL AFS Logistics and financial services…