The combination of relatively stable market conditions and the gap left by the demise of Yellow is turbo-charging the expansion drives of a rising number of US LTL carriers.
After XPO and Knight-Swift signalled aggressive expansion after their buying sprees of Yellow terminals and leases, Saia has unveiled plans to spend $1bn in capex this year, including buying 17 Yellow terminals outright and acquiring leases on a further 11.
This outlay will …
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