Filed in LTL
Wednesday, December 22, 2010
Less-than-truckload (LTL) transportation services provider YRC Worldwide (YRCW) said that it has made amendments to its credit agreement and asset-backed securitization facility (ABS) in order to provide additional time to finalize plans to recapitalize its balance sheet.
Posted on 12/22 at 11:01 AM
YRC Worldwide •
Friday, December 17, 2010
A federal judge in the U.S. District Court ruled against ABF Freight Systems in its case against the International Brotherhood of Teamsters, various subsidiaries of YRC Worldwide and other entities following a ratified labor agreement by YRCW Teamsters members.
Posted on 12/17 at 01:50 PM
YRC Worldwide •
Thursday, December 16, 2010
A combination of factors led to net income for the fiscal second quarter at FedEx to drop 18 percent to $283 million, according to the company’s earnings announcement today.
Wednesday, December 15, 2010
National less-than-truckload (LTL) transportation services provider Old Dominion Freight Line (ODFL) said it has opened up a new service center in Casper, Wyoming in an effort to better serve shippers in this area.
Tuesday, December 14, 2010
Con-way Freight, the less-than-truckload (LTL) subsidiary of freight transportation and logistics services provider Con-way, said this week that it has begun construction on a new service center in San Antonio, Texas. The new location will be comprised of 105 doors, 41,500 square feet, and 30 acres
Thursday, December 09, 2010
In case you did not know this, shortly before Thanksgiving, one LTL heavyweight decided to sue, make that counter-sue, another.
The two parties involved here: ABF Freight Systems and YRC Worldwide. As reported on this Website, ABF signaled its intent to take legal action against the International Brotherhood of Teamsters, various subsidiaries of YRC Worldwide and other entities, following a ratified labor agreement by YRCW Teamsters members.
Posted on 12/09 at 02:21 PM
Wednesday, December 08, 2010
The company said it has reduced transit times in more than 500 lanes connecting Toronto and Montreal to dozens of cities and regions in the United States. And it added that these efforts will enable cross-border LTL shippers to achieve various improvements in their supply chains.
Posted on 12/08 at 07:18 AM
Wednesday, December 01, 2010
Freight transportation and logistics services provider Vitran Corporation Inc. said it has sold selected assets of Frontier Transport Corporation, its owner-operator truckload operation, to Indianapolis-based Online Transport.
Thursday, November 18, 2010
UPS Freight, the less-than-truckload (LTL) subsidiary of UPS said this week it has improved transit times between U.S. cities and Calgary and Edmonton, Alberta, Canada.
Posted on 11/18 at 02:56 PM
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Tuesday, November 16, 2010
A confluence of positive economic events is causing trucking industry officials and economists to predict tighter trucking capacity perhaps as soon as the second quarter of 2011, experts are saying. The effects will be most noticeable in the $290 billion truckload sector, which has more severe capacity restraints on drivers and equipment than the $26.5 billion LTL sector, which still has overcapacity stemming from the last recession.
Posted on 11/16 at 05:00 AM