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Less-than-truckload carriers such as Old Dominion, XPO and Saia beat expectations on tonnage and pricing in the third quarter. Truckload operators faced rising costs that squeezed margins even as revenues increased.
All the LTL carriers guided to seasonal margin declines in the fourth quarter.
Trucking capacity and cost trends shape how quickly US grain and feed can move to market, but the effect on commodity prices is limited.
freightwaves.comFreightWaves StaffNov 2, 2026After 153 past logistics events, ULSD / Diesel moved a median +0.4% over 5 sessions (52% higher; middle half -2.7% to +4.0%), and +0.2% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
