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Filed in LTL

Friday, July 22, 2011

There is new optimism, fresh capital and a familiar face at the wheel of financially ailing LTL giant YRC Worldwide as it hopes to end a five-year slump in which it has lost in excess of $2.6 billion, and tries to shed its infamous title of biggest money-loser in the history of trucking.
Posted on 07/22 at 09:41 AM
NewsTruckingTruckLTLYRC WorldwideYRCLess-Than-TruckloadPermalink


Wednesday, July 20, 2011

The company yesterday rolled out an average GRI of 6.9 percent which will cover non-contractual shipments in the United States, Canada, and Mexico, with increases varying by lane and shipment type, according to company officials.
Posted on 07/20 at 09:26 AM
NewsTruckingLTLYRC WorldwideYRCLess-Than-TruckloadPermalink


Tuesday, July 19, 2011

FedEx subsidiary FedEx Trade Networks, the company’s global trade arm, is taking steps to augment its ocean freight forwarding services in the form of a new Ocean Choices portfolio the company introduced today.
Posted on 07/19 at 02:21 PM
NewsGlobal LogisticsFedExLTLOcean ShippingLCLFCLPermalink


It appears to be the season for less-than-truckload rate hikes, with Con-way Freight, the LTL subsidiary of freight transportation and logistics services provider Con-way Inc., announcing it is raising its rates by 6.9 percent, effective August 1.
Posted on 07/19 at 08:45 AM
NewsTruckingLTLCon-wayCon-way FreightLess-Than-TruckloadPermalink


Monday, July 11, 2011

YRC Worldwide has obtained commitments for a three-year, $400 million asset-based loan (ABL) facility that will replace its current asset-backed securitization (ABS) facility.
Posted on 07/11 at 10:06 AM
NewsLTLYRC WorldwideLess-Than-TruckloadPermalink


Wednesday, July 06, 2011

ABF received a dose of good news earlier today, when the United States Court of Appeals for the Eighth District changed course on a previous dismissal made by a lower court regarding ABF’s lawsuit against the International Brotherhood of Teamsters, YRC, Inc., Trucking Management, Inc. and other related entities.
Posted on 07/06 at 12:20 PM
NewsTruckingLTLABF FreightYRCLess-Than-TruckloadPermalink


Following the lead of UPS Freight, ABF Freight System announced today it will raise its rates by roughly 6.9 percent, effective July 25.
Posted on 07/06 at 11:25 AM
NewsTruckingUPSLTLABF FreightLess-Than-TruckloadPermalink


Tuesday, July 05, 2011

Crowley Maritime Corporation, a provider of ocean cargo transportation services, recently announced it has acquired the business and assets of Puerto Rico Freight Systems (PRFS), a provider of freight consolidation and less-than-container load (LCL) transportation services in the Caribbean.
Posted on 07/05 at 10:10 AM
NewsGlobal LogisticsLogisticsTransportationLTLLCLCrowleyFCLCrowley Maritime CorporationPermalink


Friday, July 01, 2011

The cost of the U.S. business logistics system jumped up 10.4 percent in 2010, making up more than half of the preceding year’s decline. But don’t expect gains like this to continue as the economy begins to slow and all four transportation modes scramble to make adjustments during this period of unprecedented volatility.
Posted on 07/01 at 09:33 PM
FeaturesAir FreightTruckingTruckloadRailroadJuly 2011Ocean CargoTransportationLTLPermalink


By setting reasonable goals, the converter and packager of cheese products upgraded its antiquated TMS, reduced its LTL shipments by nearly 30 percent, and brought its carrier relations into the 21st century.


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