# LTL vs. Truckload: Who emerged stronger from Q3 earnings reports?

> 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.

- Date: 2026-11-02 · published 2026-11-02T21:09:48.840Z
- Category: logistics · region US · magnitude low
- Page: https://feedsoft.ai/events/75860-ltl-vs-truckload-who-emerged-stronger-from-q3-earnings-reports
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

Trucking capacity and cost trends shape how quickly US grain and feed can move to market, but the effect on commodity prices is limited.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DIESEL | 2017-03-09 | [Spot Truckload Rates And Loads Up \| Go By Truck Global News](https://feedsoft.ai/events/72187-spot-truckload-rates-and-loads-up-go-by-truck-global-news.md) | -2.7% | +2.9% |
| DIESEL | 2023-03-24 | [Another rail strike in Germany to add to European freight troubles - The Loadstar](https://feedsoft.ai/events/36877-another-rail-strike-in-germany-to-add-to-european-freight-troubles-the-loadstar.md) | -1.9% | -7.1% |
| DIESEL | 2026-05-08 | [Grain transportation demand strong despite fuel costs \| Feed & Grain](https://feedsoft.ai/events/16365-grain-transportation-demand-strong-despite-fuel-costs-feed-and-grain.md) | +2.2% | -7.2% |
| DIESEL | 2024-06-21 | [Trafigura Charters Supertanker to Load Gasoil from Mideast](https://feedsoft.ai/events/29978-trafigura-charters-supertanker-to-load-gasoil-from-mideast.md) | +1.3% | -4.0% |
| DIESEL | 2022-02-25 | [Shippers prepare as Ukraine crisis prompts emergency fuel surcharges - The Loadstar](https://feedsoft.ai/events/12932-shippers-prepare-as-ukraine-crisis-prompts-emergency-fuel-surcharges-the.md) | +23.0% | +46.1% |

## Sources

- freightwaves.com: https://www.freightwaves.com/news/ltl-vs-truckload-who-emerged-stronger-from-q3-earnings-reports

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.