Financial Ports

US LTL Market Hits 15% Growth—Is the Freight Slump Over?

CLAVE 1 / 415% year-over-year tonnage increase last week for Estes Express Lines, marking its second consecutive record.

CLAVE 2 / 413% surge in Q3 next-day shipments, outpacing the rest of the network’s 2.5% growth.

CLAVE 3 / 4Driver turnover at 7.5%—the lowest in company history for employees with at least one year of tenure.

CLAVE 4 / 4Webb Estes calls current conditions a "Goldilocks market" for contracted carriers.

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