LTL

By Jeff Berman · May 21, 2013
The Teamsters Freight Division last night said that leaders from about 160 union local unions representing ABF approved the tentative master contract, with the next step in the process being a vote by ABF’s 7,500 union drivers, dockworkers, mechanics, and clerical staffers.
By John D. Schulz · May 16, 2013
ABF Freight System, the nation’s sixth-largest LTL carrier, has a framework for a new five-year labor agreement with the Teamsters union. Neither side is discussing details of the deal, which still must be ratified by between 6,000 and 7,500 ABF workers.
By Jeff Berman · May 9, 2013
ABF says it is focused on its ongoing labor negotiations and other strategic and operational initiatives and that a transaction with YRC is not appropriate at this time.
By Jeff Berman · May 7, 2013
Even though the economy is clearly not running on all cylinders, things are better than they were just a few years ago, especially in related supply chain, freight transportation and logistics sectors. And as things slowly get better, pricing has returned to the forefront as a balancing act between shipper and carrier relations. That was a main takeaway at the CEO Panel of the recently-concluded NASSTRAC Annual Conference in Orlando, Fla.
By John Schulz · May 6, 2013
A little more than a month after ABF Freight System, the seventh-largest less-than-truckload (LTL) carrier by revenue, and the International Brotherhood of Teamsters said they secured a 30-day extension for the National Master Freight Agreement, ABF said on Friday that the ABF and Teamsters negotiating teams have reached a tentative agreement on a contract for the next five years.
By Jeff Berman · May 3, 2013
Following February’s announcement that it had achieved a positive annual operating income in 2012 for the first time in six years, the Overland Park, Kan.-based carrier said today it had a positive first quarter operating income—also for the first time in six years.
By Jeff Berman · April 29, 2013
LM Group News Editor interview James Welch, CEO of YRC Worldwide, about the LTL market, the company’s recently approved change of operations for YRC Freight, its national LTL entity, regional LTL, and YRCW’s plans to continue improving its bottom line, among other topics.
By Jeff Berman · April 25, 2013
YRCW officials said that that the network optimization is a key component of YRC Freight's strategy to continuously improve customer service by reducing the handling of shipments and excess time in transit.
By Jeff Berman · April 4, 2013
Toronto-based less-than-truckload (LTL) carrier Vitran Corporation Inc. said today that its Board of Directors has appointed board member Bill Deluce as interim president and CEO. Deluce replaces Rick Gaetz, whom resigned as president and CEO and a Director of the Company.
SPECIAL REPORT
By John D. Schulz · April 1, 2013
Analysts and top trucking executives agree that a sharp focus on a durable business plan and dependable operations are vital to remaining profitable in one of the most challenging trucking environments in history.
By John Schulz · March 28, 2013
ABF Freight System said today that it has made inroads on its hotly-contested contract with the International Brotherhood of Teamsters that was scheduled to expire on March 31, which has led to a 30-day extension for the National Master Freight Agreement.
PREMIUM
By LM Staff · March 27, 2013
It's no secret that shippers are coping with a new era of tighter capacity, higher rates, and tougher carrier negotiations. With this in mind, we offer this custom issue designed to help shippers get closer to their carriers. After being battered by three years of recession that decimated profits, LTL carriers, not surprisingly, are now laser-focused on improving yields and profitability in order to make decent enough returns to recapitalize their businesses and rolling stock. However, smart carriers are also focused on strengthening the relationship they have with their customers.
By Jeff Berman · March 25, 2013
Revenue at FedEx Freight, the company's less-than-truckload unit, at $1.24 billion was up 0.8 percent from $1.23 billion last year, with an operating margin of 0.3 percent compared to -0.1 percent a year ago.
By Jeff Berman · March 20, 2013
Con-way released an update on first quarter trends at Con-way Freight, its less-than-truckload unit, which it said could collectively reduce Freight’s quarterly operating income by roughly $14 million.
By Jeff Berman · March 13, 2013
Company officials said that the move to a new facility, which will serve shippers in Ohio, Indiana, and Kentucky, will better help ODFL meet its growth in this region.

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