Yellow Transportation, which has about 10% market share in the less-than-truckload (LTL) environment, paid the price for slackening demand in the overall trucking market in the fourth quarter. But Yellow executives say they are buoyed about the LTL market based on contract renewals coming in last month with 5-to-6% rate increases.
Source: logistics Mgmt
Yellow CEO Hawkins says he’s ‘bullish on America’ despite tougher LTL environment
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