LTL

In a move designed to expand its services in the Midwest, less-than-truckload (LTL) transportation services provider New England Motor Freight (NEMF) said this week it has opened up a new terminal in Toledo, Ohio.

Many trucking executives believe that we’re on the cusp of a steady, prolonged recovery with solid price increases to match. Analysts aren’t so sure. But nearly all agree that shippers should expect rate increases when their contracts expire, some in the 3-percent to 5-percent range. Here are the four issues that are now in the driver’s seat.