LTL

By Jeff Berman · September 23, 2013
Toronto-based less-than-truckload (LTL) carrier and transportation services provider Vitran Corporation Inc. said today it has entered into an agreement to divest its United States-based LTL business. Company officials said the business will be acquired by Matthew Moroun, an industry veteran associated with various transportation industries, including: LTL, TL, flatbed, 3PL, and warehousing.
By LM Staff · September 23, 2013
Less-than-truckload (LTL) transportation services provider YRC Worldwide announced late last week that Jeff Rogers, President of YRC Freight, its largest group, is no longer with the company. Company officials said Rogers will be replaced by YRCW CEO James Welch.
By John D. Schulz · September 16, 2013
Shippers who find their less-than-truckload (LTL) freight late, misrouted or only partially delivered may find solace in an innovation devised by Central Transport. Through innovative use of technology, the Warrren, Mich.-based LTL carrier is operating “paperless docks” at its 155 terminals.
By John D. Schulz · September 10, 2013
The parent of financially ailing ABF Freight System, the nation’s sixth-largest LTL carrier, is losing several millions of dollars a week because of delays in approval of two “supplemental” agreements to its Teamsters’ National Master Freight Agreement.
By LM Staff · September 3, 2013
Late last week, the United States Court of Appeals for the Eighth Circuit affirmed the lower court’s decision to dismiss a complaint by less-than-truckload carrier ABF Freight System against the International Brotherhood of Teamsters and various subsidiaries of less-than-truckload transportation services provider YRC Worldwide, ABF said today.
By Jeff Berman · August 14, 2013
In a continued effort to improve service and maintain an efficient network through the Midwest, UPS Freight, the less-than-truckload (LTL) subsidiary of transportation and logistics bellwether UPS, opened up a second facility in Indianapolis, Ind. on Monday.
By Jeff Berman · August 12, 2013
Last week, Rotunda Capital Partners, a middle market private equity firm, announced it sold off global logistics services provider Worldwide Express to an investment group, which included a significant investment from Worldwide’s management team.
By John D. Schulz · August 7, 2013
YRC Worldwide, the largest Teamsters-covered LTL carrier, continued its financial improvement in the second quarter.
By John D. Schulz · August 1, 2013
Foodservice equipment and supply company leverages its technology partnership to secure capacity, simplify rates, and cut 12 percent from its transportation spending. Here’s how they did it.
By LM Staff · August 1, 2013
While the national LTL market had been slowly, but surely, pulling itself out of its recession-induced slump, the sector now seems to have hit a bit of a leveling-off period in terms of growth.
By LM Staff · August 1, 2013
While revenue numbers have flattened a bit, the Regional LTL category continues to represent some of the most forward-thinking carriers in trucking.
By Jeff Berman · August 1, 2013
LM Group News Editor Jeff Berman recently spoke with Roadrunner Transportation Systems Inc. President and CEO Mark DiBlasi about the company's acquisition strategy and market trends.
By Peter Moore · August 1, 2013
In the past months, ABF Freight System and UPS Freight announced 5.9 percent general rate increases, effective May 28 and June 10, respectively. Con-way Freight will raise its LTL rates 5.9 percent on June 24. On June 10, FedEx Freight announced a 4.5 percent GRI in non-contract base rates effective July 1, and other large carriers are expected to follow suit over the next several weeks.
By John Schulz · July 31, 2013
ABF Freight System, the seventh-largest less-than-truckload (LTL) carrier by revenue, said this week that it has reached an agreement with the International Brotherhood of Teamsters for a contract extension through August 31 that it said will “allow for the conclusion of the voting process for the remaining six supplemental agreements to the ABF National Master Freight Agreement.
By John D. Schulz · July 1, 2013
New state of logistics translates into new opportunities for shrewd managers who can leverage their unique skills and solid transportation relationships into value for their companies.

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