US CLIENTS SCRAMBLE TO FIND LTL CAPACITY

2021-12-28

Customers of the LTL carrier were probably expecting seasonal greetings from their salesperson, but the
message is starkly different. The sudden collapse of Texas-based CFL removes a sizable carrier from the LTL market at a busy time. Its network of 65 terminals fully covers 14 states in the south and another three partially.
US CLIENTS SCRAMBLE TO FIND LTL CAPACITY
The LTL market has been going strong, with significant year-on-year pricing gains, thanks to robust demand
from its traditional client base, boosted by users of truckload as well as final-mile services. Large retailers, which have traditionally relied on truckload carriers to feed their distribution centers, are increasingly using
LTL operators to move cargo to fulfilment centers, which have a smaller footprint. Observers have blamed an expansion plan that piled up debt and a pricing policy below market rates. And more upward price momentum is on the horizon for next year. Bloomberg has predicted rate hikes in the high single-digit range in the LTL market.

Customers of the LTL carrier were probably expecting seasonal greetings from their salesperson, but the
message is starkly different. The sudden collapse of Texas-based CFL removes a sizable carrier from the LTL market at a busy time. Its network of 65 terminals fully covers 14 states in the south and another three partially.

Customers of the LTL carrier were probably expecting seasonal greetings from their salesperson, but the
message is starkly different. The sudden collapse of Texas-based CFL removes a sizable carrier from the LTL market at a busy time. Its network of 65 terminals fully covers 14 states in the south and another three partially.

Customers of the LTL carrier were probably expecting seasonal greetings from their salesperson, but the
message is starkly different. The sudden collapse of Texas-based CFL removes a sizable carrier from the LTL market at a busy time. Its network of 65 terminals fully covers 14 states in the south and another three partially.

Via: The Load Star