Averitt Express

The cessation of Yellow continues to have repercussions throughout the $58 billion LTL market. Now, a shuffling of the capacity equation is causing strategic changes, and shippers need to adapt to the new alignment of resources to find operational success.

The company’s expansion in Nashville is part of an ongoing effort to invest in its facility infrastructure and demonstrate its commitment to its customers, its associates and its future, adding that Averitt wants to be on the leading edge when it comes to technology, equipment and facilities.

The survey’s findings were based on feedback from more than 1,400 North American shippers across various sectors and was conducted late last year. Topics covered in the survey included measuring the use of and interest in various supply chain services compared to last year’s survey, if businesses are predicting an increase or decrease in shipments in 2024, how important a carrier’s sustainability program is to a shippers’ decision making, and identifying the biggest challenge with international shipments in 2024.

This expansion allows Averitt to meet increased demand and support the growing volume of cargo in and out of the Port of Charleston. The facility is located at 7749 Palmetto Commerce Parkway in North Charleston.

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The LTL market’s surprising profitability and ability to not only exist, but to become the most lucrative and well-managed niche of the overall $830 billion trucking industry, is astounding to even veteran leaders in the sector. How is this happening?

Company officials said that this facility will be used to handle the flow and distribution of domestic and international freight. And they added that it is in close proximity to the Memphis International Airport and also the Memphis-area rail yard and will be equipped to handle the region’s growing international needs.

Broken, stressed, strained, and out of sync. All have been featured in recent headlines describing the condition of logistics and supply chain operations.

Top trucking executives say their relentless rise in costs for everything from new and used trucks to fuel and driver pay will cause them to continue to ask shippers to pay more for freight services in 2022. How much more? That depends on individual shipper demands, their freight characteristics, and how their tonnage fits into a carrier’s overall freight demand scheme.

ased freight transportation and logistics services provider Averitt Express said it has taken steps to expand its Amarillo, Texas-based operations, in opening up 25,000 square-feet of distribution and fulfillment space.

Cookeville, Tenn.-based freight transportation and logistics services provider Averitt Express said this week that it has opened up a new 400,000 square-feet Dallas area-based distribution and fulfillment center for handling the flow and distribution of domestic and international freight and cargo in close proximity to its Grand Prairie, Texas service center.

Averitt said that this new facility is less than 18 miles from downtown Greensboro and is comprised of a 46,0000 square-foot dock and 102 truck doors, in order to handle the flow and distribution of inbound and outbound freight. Averitt’s presence in Greensboro goes back to 1990, when it opened up its previous facility there.

Innovative technologies will help winners extend their lead.

Through a unique trucking partnership, the extreme discount retailer has streamlined its process, integrated new technology and cut the size of its fleet in half while serving more locations than ever—all while reducing the number of miles driven by 20%.

While new technology has ushered in many improvements, analysts believe that old-fashioned ingenuity, building better relationships with carriers, and an increasing knowledge base of best practices may help shippers ride out the freight management challenges in the long term.