FW Desk News
FreightWatch.News
Thursday, October 29, 2026
Less-than-truckload operators are shifting toward higher-margin services as freight volumes strengthen across the sector. XPO reported third-quarter revenue growth of 12%, driven by expanded premium offerings and new verticals including healthcare and grocery consolidation. Competing LTL providers show similar momentum, with tonnage acceleration gaining pace. Rail operators also benefited, as CSX and Norfolk Southern posted Q3 profit gains fueled by higher volumes and rates. Fuel surcharge revenue contributed to rail carrier results. Shippers increasingly turn to specialized freight services, including air transportation for high-value cargo in emerging sectors like AI and data centers. Volume growth and pricing power are reshaping carrier profitability across modes.
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