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AFS Logistics

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uuid0007nrb

Namestring
AFS Logistics
Legal namestring
AFS Logistics, LLC
Websiteurl
afs.net
Company typeenum
Private
Founded yearint
1982
Descriptiontext

AFS Logistics, founded in 1982 in Shreveport, Louisiana, is a privately held third-party logistics (3PL) provider serving over 1,800 mid-market and enterprise B2B shippers across North America. The company organizes its offering around four service pillars — Freight Audit and Payment, Parcel Services, LTL Services, and Transportation Management — and operates from eight locations in the United States and Canada, with retained-brand subsidiaries including Berman Blake Associates (freight management), Software Solutions Unlimited/SSUI (technology solutions), and DTA Service (logistics services). AFS manages approximately $39 billion in annual transportation spend on behalf of its clients, with case-study outcomes citing savings of $1.2M (Rexel USA), 10%+ transportation spend reduction (Musco Family Olive Company), 16% LTL cost reduction (Cavender's), and 22% parcel cost reduction (Mann Lake Bee & Ag Supply).

The company's technology stack includes a proprietary Transportation Management System (TMS), freight audit systems, API integrations for client and carrier data exchange, and an AI-powered network design capability for transportation network optimization. AFS also co-publishes the TD Cowen/AFS Freight Index with TD Cowen — a quarterly predictive analytics product covering truckload, LTL, express parcel, and ground parcel derived from its $39 billion spend dataset. Differentiated sub-brands include VLTL Shield (volume LTL with embedded cargo coverage) and OptimaLTL (special-delivery LTL optimization). Leadership includes a Chief Analytics Officer (ex-FedEx parcel pricing), a CIO (ex-Werner Enterprises, Ports America), and a CEO (ex-XPO Logistics).

AFS generates revenue through three primary streams: managed services contracts for ongoing freight auditing, parcel optimization, and transportation management; transaction-based freight brokerage connecting shippers with a network of 100,000+ carriers; and professional services for transportation network design and consulting. Pricing is custom and quote-based, billed annually, with no public pricing tiers. Distribution is primarily direct, with enterprise field sales targeting major accounts and inside sales serving the mid-market segment, supported by content marketing, SEO, webinars, podcasts, industry events, and PR. AFS has expanded through 22 acquisitions over its 40+ year history and serves clients across distribution, food and beverage, retail, and agricultural supply verticals.

Short descriptiontext

AFS Logistics is a privately held third-party logistics provider offering freight audit, parcel optimization, LTL, and managed transportation services to over 1,800 mid-market and enterprise B2B shippers, managing $39 billion in annual transportation spend across eight North American locations.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
251–500
akta.pro rankint
HeadquartersShreveport, United States
HQ citystring
Shreveport
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices4 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
freight audit services, parcel cost optimization, less-than-truckload shipping, managed transportation services, third-party logistics
Industry3 codes
1Integrated 3PL Contract Logistics (Multi-Service)
CodeTLAIAAAAPrimaryYes
2Transportation Management & Managed Freight (Dedicated Transport, Brokerage-Managed)
CodeTLAIAAAEPrimaryNo
3Transportation Management Services (TMS-as-a-Service / Managed Transportation)
CodeTLAIANABPrimaryNo
NAICS code1 code
  • Freight Transportation Arrangement488510
SIC code1 code
  • Arrangement Of Transportation Of Freight & Cargo4731
Product category
Third-Party Logistics Services
GTM motion2 records

Each record includes

Type, Description, Source

Revenue model3 records
1Managed Services Contracts
TypeManaged Services
Description

Recurring managed services revenue from freight auditing, parcel optimization, and transportation management services. Clients pay for ongoing cost optimization and visibility services.

2Freight Brokerage / Transaction Fees
TypeTransaction Fee
Description

Transaction-based revenue from freight brokerage services, connecting shippers with carriers. Fees earned on freight moved through the network.

3Professional Services
TypeProfessional Services
Description

Implementation and consulting services for transportation network optimization, carrier negotiations, and supply chain analysis.

Marketing channels9 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels3 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Pricing details1 tier
1Custom enterprise pricing based on transportation volume and service scope
ModelOtherBilling cadenceAnnual
Notes

Quote-based pricing tailored to individual client needs. No standard pricing tiers publicly available.

GTM typeB2B
B2B
Offering typeServices
Services
Brand1 of 2 records shown
1VLTL Shield
Description

Smarter, risk-reduced volume LTL service combining dynamic spot-quote pricing with embedded cargo coverage.

afs.net
+1 more record
Core offering1 text field

AFS Logistics is a third-party logistics (3PL) provider that delivers four core service pillars: Freight Audit and Payment, Parcel Services, LTL Services, and Transportation Management. These offerings include invoice auditing, parcel cost management and negotiation, less-than-truckload shipping, managed transportation, freight brokerage, freight forwarding, and AI-powered network design, supported by a proprietary TMS and the TD Cowen/AFS Freight Index analytics product.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 3 values shown
  • $183 million in client savings achieved
+2 more records
Product overview1 text field

AFS Logistics operates as a 3PL provider offering a comprehensive suite of logistics services organized around four core pillars: Freight Audit and Payment, Parcel Services, LTL Services, and Transportation Management. The company provides these services through a combination of proprietary technology platforms (including the TD Cowen/AFS Freight Index for market analytics) and managed service delivery. The service architecture includes multiple sub-modules for specific logistics functions such as VLTL Shield for volume LTL, OptimaLTL for special deliveries, and specialized audit services across parcel, LTL, freight, and ocean modes. AFS manages approximately $39 billion in transportation spend annually and delivers its services through a network of TMS integrations, automated processes, and logistics experts across eight global locations.

Product and service5 records
1Freight Audit and Payment
CategoryThird-Party Logistics Services
Description

Core 3PL service providing data-driven audit and payment expertise to identify invoice inaccuracies and reclaim lost profits across parcel, LTL, freight, and ocean shipping modes for shippers.

2Parcel Services
CategoryThird-Party Logistics Services
Description

Suite of parcel shipping solutions including cost management, contract negotiation, G/L coding, and value management to align parcel charges and improve bottom-line profitability for B2B shippers.

3LTL Services
CategoryThird-Party Logistics Services
Description

Less-than-truckload freight services including cost management, volume LTL, OptimaLTL for special deliveries, freight audit, and overage/short/damaged claims handling for B2B shippers.

4Transportation Management
CategoryThird-Party Logistics Services
Description

Comprehensive transportation management including managed transportation, freight brokerage, freight forwarding, and network design services to optimize logistics operations for B2B shippers.

5TD Cowen/AFS Freight Index
CategoryMarket Intelligence & Analytics
Description

Quarterly freight rate index and predictive analytics report covering truckload, LTL, express parcel, and ground parcel sectors, derived from nearly $39 billion in transportation spend data and co-published with TD Cowen.

Scale indicator6 records

Each record includes

Type, Value, Description, Source

Partnership1 partner
Strategic tierCoreTypeGTM or Marketing Partner
Description

TD Cowen is a financial services firm that co-publishes the AFS Freight Index with AFS Logistics. This partnership positions AFS as an industry thought leader by providing comprehensive freight market data and insights to the industry. The AFS Freight Index provides benchmarking data on freight costs and trends that is distributed through TD Cowen's research channels.

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight6 records

Each record includes

Type, Description

Peers10 records
TypeBroad incumbent
Description

Public less-than-truckload carrier with a large brokerage and managed transportation arm. XPO competes with AFS in LTL and managed transportation and is also an alumni employer of AFS's CEO Andy Dyer.

TypeBroad incumbent
Description

Freight forwarding, supply chain, and customs brokerage arm of FedEx. Competes with AFS in ocean, air, and ground freight forwarding and in freight audit services for large shippers.

TypeBroad incumbent
Description

Logistics arm of UPS offering freight forwarding, contract logistics, and supply chain services globally. Competes with AFS in parcel and freight forwarding for enterprise shipper relationships.

TypeDirect peer
Description

Global freight audit, payment, and managed transportation provider serving enterprise shippers. Overlaps with AFS in freight audit and payment, parcel optimization, and managed transportation services.

TypeDirect peer
Description

Private non-asset 3PL providing managed transportation, freight brokerage, and parcel/LTL optimization to mid-market and enterprise shippers. Directly comparable to AFS in customer base, service mix, and emphasis on multi-modal cost reduction.

TypeBroad incumbent
Description

Public contract logistics provider offering warehousing, reverse logistics, and supply chain services at scale. A much larger incumbent than AFS but competes for the same enterprise transportation management RFPs.

TypeDirect peer
Description

Parcel cost optimization and freight audit specialist focused on parcel contract negotiation and invoice auditing. Comparable to AFS's parcel audit and parcel cost management service modules.

TypeBroad incumbent
Description

Asset-light freight brokerage owned by UPS. Highly comparable in business model to AFS's freight brokerage and managed transportation services but operates with substantially greater scale and carrier capacity.

TypeDirect peer
Description

Tech-enabled 3PL offering managed transportation, freight brokerage, and truckload services to mid-market and enterprise shippers. Echo's managed transportation and TMS-led offering closely mirrors AFS's integrated 3PL service model.

10RXO
TypeDirect peer
Description

Public freight brokerage and managed transportation provider formed around the legacy Coyote Logistics business. RXO competes directly with AFS on truckload brokerage, managed transportation, and last-mile services for enterprise and mid-market shippers.

Market position
Strengths4 records

Each record includes

Headline, Details, Source

Weaknesses4 records

Each record includes

Headline, Details, Source

Competitive moat6 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers3 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment2 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile2 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature4 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles7 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries3 records

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

AFS Logistics

Third-Party Logistics Servicesafs.net

AFS Logistics is a privately held third-party logistics provider offering freight audit, parcel optimization, LTL, and managed transportation services to over 1,800 mid-market and enterprise B2B shippers, managing $39 billion in annual transportation spend across eight North American locations.

What AFS Logistics does

AFS Logistics, founded in 1982 in Shreveport, Louisiana, is a privately held third-party logistics (3PL) provider serving over 1,800 mid-market and enterprise B2B shippers across North America. The company organizes its offering around four service pillars — Freight Audit and Payment, Parcel Services, LTL Services, and Transportation Management — and operates from eight locations in the United States and Canada, with retained-brand subsidiaries including Berman Blake Associates (freight management), Software Solutions Unlimited/SSUI (technology solutions), and DTA Service (logistics services). AFS manages approximately $39 billion in annual transportation spend on behalf of its clients, with case-study outcomes citing savings of $1.2M (Rexel USA), 10%+ transportation spend reduction (Musco Family Olive Company), 16% LTL cost reduction (Cavender's), and 22% parcel cost reduction (Mann Lake Bee & Ag Supply).

The company's technology stack includes a proprietary Transportation Management System (TMS), freight audit systems, API integrations for client and carrier data exchange, and an AI-powered network design capability for transportation network optimization. AFS also co-publishes the TD Cowen/AFS Freight Index with TD Cowen — a quarterly predictive analytics product covering truckload, LTL, express parcel, and ground parcel derived from its $39 billion spend dataset. Differentiated sub-brands include VLTL Shield (volume LTL with embedded cargo coverage) and OptimaLTL (special-delivery LTL optimization). Leadership includes a Chief Analytics Officer (ex-FedEx parcel pricing), a CIO (ex-Werner Enterprises, Ports America), and a CEO (ex-XPO Logistics).

AFS generates revenue through three primary streams: managed services contracts for ongoing freight auditing, parcel optimization, and transportation management; transaction-based freight brokerage connecting shippers with a network of 100,000+ carriers; and professional services for transportation network design and consulting. Pricing is custom and quote-based, billed annually, with no public pricing tiers. Distribution is primarily direct, with enterprise field sales targeting major accounts and inside sales serving the mid-market segment, supported by content marketing, SEO, webinars, podcasts, industry events, and PR. AFS has expanded through 22 acquisitions over its 40+ year history and serves clients across distribution, food and beverage, retail, and agricultural supply verticals.

AFS Logistics firmographics

Firmographics
Name
AFS Logistics
Legal name
AFS Logistics, LLC
Website
https://afs.net
Company type
Private
Founded year
1982
Operating status
Operating
Headcount range
251–500 employees
Short description
AFS Logistics is a privately held third-party logistics provider offering freight audit, parcel optimization, LTL, and managed transportation services to over 1,800 mid-market and enterprise B2B shippers, managing $39 billion in annual transportation spend across eight North American locations.
Ownership category
akta.pro rank

AFS Logistics industry classification

Industry
Product category
Third-Party Logistics Services
NAICS
Freight Transportation Arrangement (488510)
SIC
Arrangement Of Transportation Of Freight & Cargo (4731)
akta.pro primary industry
Integrated 3PL Contract Logistics (Multi-Service) (TLAIAAAA)
akta.pro secondary industries
Transportation Management & Managed Freight (Dedicated Transport, Brokerage-Managed) (TLAIAAAE), Transportation Management Services (TMS-as-a-Service / Managed Transportation) (TLAIANAB)

Keywords

  • Freight audit services
  • Parcel cost optimization
  • Less-than-truckload shipping
  • Managed transportation services
  • Third-party logistics

Where AFS Logistics is headquartered

Location

Headquarters

HQ city
Shreveport
HQ country
United States
HQ region
North America

Offices4 records

Markets served

AFS Logistics business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

  1. Managed Services Contracts: Recurring managed services revenue from freight auditing, parcel optimization, and transportation management services. Clients pay for ongoing cost optimization and visibility services.
  2. Freight Brokerage / Transaction Fees: Transaction-based revenue from freight brokerage services, connecting shippers with carriers. Fees earned on freight moved through the network.
  3. Professional Services: Implementation and consulting services for transportation network optimization, carrier negotiations, and supply chain analysis.

Pricing tiers

ModelBillingPrice
OtherAnnualCustom enterprise pricing based on transportation volume and service scope

Go-to-market motion2 records

Distribution channels3 records

Marketing channels9 records

AFS Logistics product offering

Product offering

Core offering

AFS Logistics is a third-party logistics (3PL) provider that delivers four core service pillars: Freight Audit and Payment, Parcel Services, LTL Services, and Transportation Management. These offerings include invoice auditing, parcel cost management and negotiation, less-than-truckload shipping, managed transportation, freight brokerage, freight forwarding, and AI-powered network design, supported by a proprietary TMS and the TD Cowen/AFS Freight Index analytics product.

Product overview

AFS Logistics operates as a 3PL provider offering a comprehensive suite of logistics services organized around four core pillars: Freight Audit and Payment, Parcel Services, LTL Services, and Transportation Management. The company provides these services through a combination of proprietary technology platforms (including the TD Cowen/AFS Freight Index for market analytics) and managed service delivery. The service architecture includes multiple sub-modules for specific logistics functions such as VLTL Shield for volume LTL, OptimaLTL for special deliveries, and specialized audit services across parcel, LTL, freight, and ocean modes. AFS manages approximately $39 billion in transportation spend annually and delivers its services through a network of TMS integrations, automated processes, and logistics experts across eight global locations.

Differentiator

Problem solved

Functional benefit

Brands

  • VLTL Shield: Smarter, risk-reduced volume LTL service combining dynamic spot-quote pricing with embedded cargo coverage.
  • OptimaLTL

Products and services

  • Freight Audit and Payment Core 3PL service providing data-driven audit and payment expertise to identify invoice inaccuracies and reclaim lost profits across parcel, LTL, freight, and ocean shipping modes for shippers.
  • Parcel Services Suite of parcel shipping solutions including cost management, contract negotiation, G/L coding, and value management to align parcel charges and improve bottom-line profitability for B2B shippers.
  • LTL Services Less-than-truckload freight services including cost management, volume LTL, OptimaLTL for special deliveries, freight audit, and overage/short/damaged claims handling for B2B shippers.
  • Transportation Management Comprehensive transportation management including managed transportation, freight brokerage, freight forwarding, and network design services to optimize logistics operations for B2B shippers.
  • TD Cowen/AFS Freight Index Quarterly freight rate index and predictive analytics report covering truckload, LTL, express parcel, and ground parcel sectors, derived from nearly $39 billion in transportation spend data and co-published with TD Cowen.

Quantifiable outcome

  • $183 million in client savings achieved
  • +2 more outcomes

Companies that use AFS Logistics

Customer profile

Named customers3 records

Segments2 records

Ideal customer profiles2 records

AFS Logistics technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature4 records

AFS Logistics partnerships and signals

Strategic signal

Partnerships

One partnership is on record.

  • TD CowencoreGTM or Marketing PartnerTD Cowen is a financial services firm that co-publishes the AFS Freight Index with AFS Logistics. This partnership positions AFS as an industry thought leader by providing comprehensive freight market data and insights to the industry. The AFS Freight Index provides benchmarking data on freight costs and trends that is distributed through TD Cowen's research channels.

Scale indicators6 records

Recent moves6 records

Expansion highlights6 records

AFS Logistics competitors and assessment

Company assessment

Broad incumbents

  • XPO Logistics: Public less-than-truckload carrier with a large brokerage and managed transportation arm. XPO competes with AFS in LTL and managed transportation and is also an alumni employer of AFS's CEO Andy Dyer.
  • FedEx Logistics: Freight forwarding, supply chain, and customs brokerage arm of FedEx. Competes with AFS in ocean, air, and ground freight forwarding and in freight audit services for large shippers.
  • UPS Supply Chain Solutions: Logistics arm of UPS offering freight forwarding, contract logistics, and supply chain services globally. Competes with AFS in parcel and freight forwarding for enterprise shipper relationships.
  • GXO Logistics: Public contract logistics provider offering warehousing, reverse logistics, and supply chain services at scale. A much larger incumbent than AFS but competes for the same enterprise transportation management RFPs.
  • Coyote Logistics (UPS subsidiary): Asset-light freight brokerage owned by UPS. Highly comparable in business model to AFS's freight brokerage and managed transportation services but operates with substantially greater scale and carrier capacity.

Direct peers

  • nVision Global: Global freight audit, payment, and managed transportation provider serving enterprise shippers. Overlaps with AFS in freight audit and payment, parcel optimization, and managed transportation services.
  • Transportation Insight: Private non-asset 3PL providing managed transportation, freight brokerage, and parcel/LTL optimization to mid-market and enterprise shippers. Directly comparable to AFS in customer base, service mix, and emphasis on multi-modal cost reduction.
  • Shipware: Parcel cost optimization and freight audit specialist focused on parcel contract negotiation and invoice auditing. Comparable to AFS's parcel audit and parcel cost management service modules.
  • Echo Global Logistics: Tech-enabled 3PL offering managed transportation, freight brokerage, and truckload services to mid-market and enterprise shippers. Echo's managed transportation and TMS-led offering closely mirrors AFS's integrated 3PL service model.
  • RXO: Public freight brokerage and managed transportation provider formed around the legacy Coyote Logistics business. RXO competes directly with AFS on truckload brokerage, managed transportation, and last-mile services for enterprise and mid-market shippers.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat6 records

Key risks5 records

Key highlights7 records

Customer concentration

AFS Logistics social profiles

Digital presence

AFS Logistics financial estimates

Financial estimate

Revenue estimate

Valuation estimate

AFS Logistics leadership team

Management profile

Number of profiles

Profiles7 records

AFS Logistics subsidiaries and ownership

Company hierarchy

Subsidiaries3 records

AFS Logistics funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

AFS Logistics M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about AFS Logistics

What does AFS Logistics do?

AFS Logistics is a third-party logistics (3PL) provider that delivers four core service pillars: Freight Audit and Payment, Parcel Services, LTL Services, and Transportation Management. These offerings include invoice auditing, parcel cost management and negotiation, less-than-truckload shipping, managed transportation, freight brokerage, freight forwarding, and AI-powered network design, supported by a proprietary TMS and the TD Cowen/AFS Freight Index analytics product.

Is AFS Logistics a public or private company?

AFS Logistics is a private company. It is classified as founder individual operated bootstrapped and is currently operating.

When was AFS Logistics founded?

AFS Logistics was founded in 1982. It employs 251 to 500 people.

Where is AFS Logistics based?

AFS Logistics is headquartered in Shreveport, United States, in the North America region.

How does AFS Logistics make money?

Three revenue lines are on record. Managed Services Contracts are the primary driver. The others are freight Brokerage / Transaction Fees and professional Services.

Who are AFS Logistics's main competitors?

Broad incumbents on record are XPO Logistics, FedEx Logistics, UPS Supply Chain Solutions, GXO Logistics and Coyote Logistics (UPS subsidiary). Direct peers are nVision Global, Transportation Insight, Shipware, Echo Global Logistics and RXO.

Does AFS Logistics have an API?

No public API is recorded for AFS Logistics.

What industry is AFS Logistics in?

AFS Logistics's product category is Third-Party Logistics Services. Its primary akta.pro industry code is TLAIAAAA, Integrated 3PL Contract Logistics (Multi-Service), with a secondary code of TLAIAAAE, Transportation Management & Managed Freight (Dedicated Transport, Brokerage-Managed). Its NAICS code is 488510 and its SIC code is 4731.

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Live signals
PR NewswireData: Fuel price shocks ripple through freight marketsAFS Logistics and TD Cowen released the Q3 2026 TD Cowen/AFS Freight Index showing that rising fuel prices and supply-side constraints drove freight rates to multi-year highs across truckload, LTL, and parcel modes in Q2 2026. Diesel prices rose approximately 51% compared to January-February levels while jet fuel increased 90% year-over-year, pushing truckload rates to their highest in 15 quarters and LTL fuel surcharges over 60% above June 2025 levels. The index projects continued elevated rates in Q3, though Amazon's entry into LTL and alternative carrier growth are reshaping the competitive landscape for traditional carriers FedEx and UPS.FreightwavesYield discipline, fuel price surge driving LTL rates to new highs in Q2Trucking rate indexes surged in the first quarter driven by diesel fuel price spikes and dwindling truckload capacity, with LTL rate-per-pound standing 66.9% above the January 2018 baseline, according to a quarterly report from 3PL AFS Logistics and TD Cowen. The LTL rate dataset is projected to reach 68.4% above baseline in Q2, marking a new high and 10 consecutive year-over-year increases, while the TL rate-per-mile hit a 13-quarter high of 9% above the 2018 baseline. Higher shipment weights, fuel surcharges, and recovering industrial demand are contributing to elevated LTL carrier margins, though shippers face mounting budget pressures from the sustained freight cost increases.PR NewswireSpiking fuel prices drive record-high freight rates: Q2 TD Cowen/AFS Freight IndexAFS Logistics and TD Cowen released the Q2 2026 TD Cowen/AFS Freight Index projecting record highs across all freight modes as spiking fuel prices and truckload capacity constraints drive a structurally higher-cost transportation environment in the U.S. The truckload rate per mile index is expected to reach 10.1% above the January 2018 baseline — the first quarter above 10% in over three years — while ground parcel costs have risen 41.8% since 2022 compared to cumulative inflation of just 15.1%. Carriers including FedEx and UPS are capitalizing on fuel surcharges, with the U.S. Postal Service proposing such surcharges for the first time in its history, and analysts note these pricing changes tend to be "sticky" with effects that linger even after fuel prices recede.DcvelocityTrucking operators cautious but optimistic 2026The trucking industry is showing cautious signs of recovery in 2026 after entering the fourth year of a persistent freight recession, with positive indicators including an expansion in manufacturing PMI (rising to 52.6 in January 2026 from 47.9 in December 2025), truckload rate increases of 1-3%, and tightening capacity as smaller carriers exit the market. Industry executives and analysts remain divided on the timing and strength of a turnaround, with some carriers like A. Duie Pyle and Estes Express Lines already investing heavily in network expansions while others like AFS Logistics warn that demand remains weak and capacity attrition will be prolonged. Regulatory pressures including English language proficiency rules, FMCSA enforcement on improperly issued CDLs, and tariff uncertainty add complexity to the recovery outlook.FreightwavesLTL pricing index hits new high in Q4Less-than-truckload rates reached a new high in the fourth quarter as carriers maintained pricing power despite limited demand, according to a quarterly report from 3PL AFS Logistics and financial services firm TD Cowen. The LTL rate-per-pound component stood 67.9% above the January 2018 baseline, representing a 490 basis point increase year over year. Rates are expected to cool modestly in the first quarter to 66.1%, though that would still mark nine straight quarters of year-over-year growth.PR NewswireAFS Logistics announces certification as a 2025 Most Loved WorkplaceAFS Logistics announced its certification as a Most Loved Workplace for 2025, marking the second consecutive year the company has received this recognition from Best Practice Institute. The logistics firm highlighted its workplace initiatives including a quarterly impact awards program, a Culture Council spanning all locations, and a promotion rate of approximately 18% of employees annually—nearly double the national average for comparable companies. The company, which manages over $11 billion in transportation spend for more than 1,800 clients across 35 countries, employs over 380 people across the U.S. and Canada.FreightwavesLTL rates projected to keep rising y/y in Q2, TL rates to stay ‘at the bottom’A report by 3PL AFS Logistics and TD Cowen indicates that less-than-truckload (LTL) rates rose 280 basis points year-over-year in Q1 2025 due to carriers prioritizing profitable lanes, while truckload (TL) rates remained depressed for a ninth consecutive quarter. The analysis forecasts continued LTL pricing resilience and TL stagnation through Q2 2025, driven by soft demand and strategic carrier behavior rather than volume growth.PR NewswireAFS Logistics appoints Andy Dyer as new Chief Executive OfficerAFS Logistics has appointed Andy Dyer as its new Chief Executive Officer, effective immediately. Dyer brings more than 25 years of supply chain and transportation experience, including over 20 years at XPO Logistics where he oversaw $2.36 billion in annualized freight under management, and previously served as President at New Age Logistics. Prior to this promotion, Dyer served as President of Transportation Management at AFS since 2020, a tenure during which the company won the 2024 Quest for Quality Award from Logistics Management.Business Wire BlogAFS Logistics recognized as one of the top third-party logistics providers in the USAFS Logistics has been selected as one of America’s 50 Leading 3PLs by Global Trade Magazine, recognized in the less-than-truckload category for its customer service and technology. The company manages more than $1.2 billion in LTL spend and saves customers over $180 million annually, with clients averaging a 12-year tenure. AFS was also named a Top 100 3PL by Inbound Logistics Magazine for the second consecutive year.GlobeNewswireLogistics industry veteran Melissa Somsen joins AFS Logistics as Chief Commercial Officer to power long-term growth across business unitsAFS Logistics appointed Melissa Somsen as Chief Commercial Officer, bringing over 30 years of logistics sales experience, including 28 years at UPS and 15 years at TForce Freight. She will lead nearly 100 teammates and is actively hiring to scale freight audit, parcel, LTL, and transportation management services.