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Filed in LTL

Tuesday, November 02, 2010

Coming on the heels of the ratified labor agreement by Teamsters employees at less-than-truckload (LTL) transportation services provider YRC Worldwide (YRCW), LTL player ABF Freight Systems announced it is taking legal action against the International Brotherhood of Teamsters and various YRCW subsidiaries, as well as other entities.
Posted on 11/02 at 09:42 AM
NewsLTLYRC WorldwideABF FreightTeamstersSatish JindelPermalink


Monday, November 01, 2010

Less-than-truckload (LTL) transportation services provider YRC Worldwide Inc. (YRCW) took a significant step forward in its recovery plan, announcing that more than 60 percent of its roughly 40,000 Teamsters members voted to ratify a modified labor agreement.
Posted on 11/01 at 09:10 AM
NewsLTLYRC WorldwideTeamstersPermalink


Monday, October 18, 2010

YRCW expects third quarter positive adjusted EBITDA with a range of $42 million to $46 million, and for the second and third quarters YRCW expects cumulative adjusted EBITDA within a range of $82 million-to-$86 million, topping the $50 million covenant level required as part of its credit agreement.
Posted on 10/18 at 09:46 AM
NewsLTLYRC WorldwidePermalink


Friday, October 01, 2010

Soon after less-than-truckload (LTL) transportation service providers YRC Worldwide and ABF Freight System announced matching 5.9 percent general rate increases, FedEx Freight said this week it is upping its GRI a bit higher at 6.9 percent, effective November 1.
Posted on 10/01 at 09:58 AM
NewsFedExLTLPermalink


Thursday, September 30, 2010

Following news earlier this week that less-than-truckload transportation services provider YRC Worldwide (YRCW) won another round of concessions from the Teamsters Union, the company announced on September 29 that its board of directors has approved a tentative agreement with the Teamsters.
Posted on 09/30 at 02:01 PM
NewsLTLYRCPermalink


Tuesday, September 28, 2010

Financially ailing YRC Worldwide, which controls nearly 20 percent of the $26 billion LTL market, has won another round of concessions from the Teamsters union, pending a rank-and-file vote.
Posted on 09/28 at 06:44 AM
TruckingLTLYRCTeamstersPermalink


Thursday, September 23, 2010

During the depths of the recession, the trucking industry found itself in a situation where shippers clearly had the upper hand when it came to pricing. This was true in both the truckload (TL) and less-than-truckload (LTL) sectors. But since that time the economy has shown some gradual signs of a recovery, which subsequently led to a rate recovery of sorts on the TL side. Now, it appears, the LTL sector is catching up.
Posted on 09/23 at 11:24 AM
NewsLTLLess-Than-TruckloadPermalink


Wednesday, September 22, 2010

Less-than-truckload carrier Old Dominion Freight Line (ODFL) announced it has opened up new service centers in South Houston, Texas and Kalamazoo, Michigan in an effort to better serve shippers in these locales.
Posted on 09/22 at 09:28 AM
NewsLTLODFLOld Dominion Freight LinePermalink


Friday, September 17, 2010

Global third-party logistics services provider OHL announced it has opened up new locations in Sparks, Nevada and Dallas and is also moving its existing location in Gainesville, Georgia to a larger facility.
Posted on 09/17 at 05:17 AM
News3PLLTLTLOHLPermalink


Thursday, September 16, 2010

On its fiscal first quarter earnings call earlier today, FedEx announced some significant changes for FedEx Freight, its less-than-truckload (LTL) unit
Posted on 09/16 at 09:45 AM
NewsFedExLTLPermalink



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