Old Dominion Freight Line Names Kevin Freeman As New CEO

Old Dominion Freight Line Names Kevin Freeman As New CEO

ODFL, a leading LTL carrier in the US, announced a leadership change with Kevin M. Freeman succeeding Greg C. Gantt as President and CEO. Gantt will remain on the Board of Directors, ensuring a smooth strategic transition and continued growth. This announcement coincides with ODFL's strong Q4 earnings report, demonstrating solid revenue and profit growth. These results highlight ODFL's exceptional operational capabilities and commitment to customer service. The leadership change is designed to maintain the company's momentum and build upon its established success in the competitive LTL market.

01/16/2026 Logistics
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Chinavietnam Trucking Service Expands with Secure Doortodoor Option

Chinavietnam Trucking Service Expands with Secure Doortodoor Option

Audtons International Freight offers full truckload transportation services from Beijing to Ho Chi Minh City, specializing in efficient and secure door-to-door cross-border logistics solutions. With 8 years of industry experience, we provide one-stop services including bilateral formal customs declaration and DDP (Delivered Duty Paid) terms. We offer nationwide cargo pick-up and delivery throughout Vietnam, committed to creating a convenient and worry-free cross-border transportation experience for our customers.

08/21/2025 Logistics
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Old Dominion Sees Opportunity in Amazons LTL Market Entry

Old Dominion Sees Opportunity in Amazons LTL Market Entry

ODFL views Amazon's entry into the LTL market as an opportunity, benefiting from e-commerce growth. Retail is a key growth engine for ODFL. Despite a performance decline, revenue is improving, indicating significant future growth potential. The company believes that the increasing demand for e-commerce fulfillment and last-mile delivery will drive further expansion and market share gains, even amidst heightened industry competition. ODFL is positioned to capitalize on these trends and maintain its competitive edge.

01/08/2026 Logistics Industry Insights
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Freight Market Braces for Weak Peak Season TD Cowen

Freight Market Braces for Weak Peak Season TD Cowen

The Cowen/AFS Freight Index indicates a slight increase in LTL rates in Q3, driven by factors like Yellow's bankruptcy and soft demand. Parcel rates decreased. A muted peak season is anticipated for Q4, with limited TL freight growth. The index reflects the current complex and volatile freight market, along with a trend of shippers actively optimizing their logistics networks. The impact of Yellow's exit and ongoing economic uncertainty are key factors shaping the near-term outlook for the industry.

01/15/2026 Logistics Industry Insights
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PITT OHIO Expands Nextday Delivery in New York

PITT OHIO Expands Nextday Delivery in New York

PITT OHIO has significantly improved logistics efficiency to and from New York State by adding 32 new next-day delivery lanes. This expansion not only optimizes transportation times but also reflects PITT OHIO's customer-centric approach, integrating resources and leveraging technology to become a regional logistics leader. The move demonstrates their strategic commitment to meeting customer demands and solidifying their position in the market.

01/16/2026 Logistics
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XPO Logistics Spinoff RXO Boosts LTL Market Value

XPO Logistics Spinoff RXO Boosts LTL Market Value

XPO Logistics announced preliminary Q3 results and long-term targets, highlighting strong performance in its North American LTL business with significant revenue growth. The company plans to spin off its North American truck brokerage business, RXO, aiming to improve operational efficiency and shareholder value. RXO will focus on technology-driven freight services, while XPO will become a pure-play LTL transportation leader. Both companies are expected to achieve greater development in their respective fields. The strategic split is intended to unlock value and allow each entity to pursue independent growth strategies.

01/16/2026 Logistics
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Chinas LTL Freight Sector Faces Growth and Hurdles

Chinas LTL Freight Sector Faces Growth and Hurdles

This paper delves into the concept, business scope, operational norms, opportunities, and challenges of LTL logistics. As a crucial component of road freight, LTL logistics is characterized by frequent loading/unloading and potential for cargo damage. The future trends for LTL logistics include intelligentization and standardization. Companies need to continuously innovate and improve service levels to remain competitive. The paper highlights the importance of adapting to these changes for sustainable growth in the evolving logistics landscape.

08/21/2025 Logistics Encyclopedia
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Syfan Logistics Enhances Allsource Supplys LTL Delivery Efficiency

Syfan Logistics Enhances Allsource Supplys LTL Delivery Efficiency

Syfan Logistics helped Allsource Supply achieve its 'same-day delivery' promise by optimizing LTL shipping processes, resulting in significant improvements in cost control, efficiency, and customer satisfaction. This strategic partnership demonstrates how streamlined operations, reduced manual handling, and optimized freight can create a competitive advantage in a demanding market. By focusing on efficiency and leveraging optimized logistics, Allsource Supply was able to meet customer demands and improve overall supply chain performance.

01/15/2026 Logistics Industry Insights
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International Shipping Fee Inquiry: A Comprehensive Understanding of Ocean Freight Prices and FCL Rates

International Shipping Fee Inquiry: A Comprehensive Understanding of Ocean Freight Prices and FCL Rates

This article provides a comprehensive overview of international sea freight inquiry, covering aspects such as shipping quotes, full container rates, and key port information. It explores the components of sea freight, offers methods for checking shipping quotes, and discusses the differences and advantages of full container shipping versus less-than-container-load (LCL) shipping.

07/18/2025 Logistics Encyclopedia
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