Filed in LTL

Friday, April 22, 2011

The ATA reported that during the fourth quarter of 2010, truckload (TL) and less-than-truckload (LTL) carriers bumped up their payrolls, with small truckload carriers boosting employment by 0.8 percent within their driver pool and large TL carriers adding 0.3 percent to payroll by adding linehaul drivers and reducing local driver pools.

Monday, April 04, 2011

Freight transportation services provider Hub Group Inc. said today it has acquired asset-light transportation company Exel Transportation Services, a subsidiary of Deutsche Post World Net.

Thursday, March 17, 2011

Net income for the quarter—at $231 million—was down 3 percent from last year’s $239 million, but quarterly revenue at $9.66 billion was up 11 percent from last year’s $8.70 billion. Operating income—at $393 million—was down 6 percent year-over-year.

Tuesday, March 01, 2011

Less-than-truckload (LTL) transportation services provider YRC Worldwide (YRCW) said yesterday that it has reached an agreement in principle with key stakeholders for a comprehensive restructuring plan.

Monday, February 07, 2011

Following a decline in December freight shipments, the first month of 2011 continued that trend, according to the most recent edition of the Cass Information Systems Freight Index.

Friday, February 04, 2011

Less-than-truckload (LTL) transportation services provider YRC Worldwide (YRCW) reported net income of $23.1 million—of $0.49 per share—for the fourth quarter of 2010.

There is a not-so-subtle change in pricing power away from shippers and toward carriers in the (less-than-truckload) LTL sector. Shippers may have already noticed discounts are falling, and rates are rising.

Monday, January 31, 2011

When FedEx announced it was redesigning its network structure for its less-than-truckload (LTL) network, FedEx Freight, last September, which officially went live today, there was one small detail regarding this news that flew somewhat under the radar. That detail was that the company said it planned to be more active on the intermodal side.

FedEx Freight, the market leader in the LTL (less-than-truckload) sector, is changing the way shippers move freight in the $28.5 billion LTL sector.

Thursday, January 27, 2011

Earlier this week, less-than-truckload (LTL) transportation services provider Con-way Freight announced it has introduced a new advanced load management and cargo protection system for its 16,800 freight trailer fleet in North America.