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Filed in LTL

Friday, January 24, 2014

Air cargo transportation services provider Forward Air Inc. said it inked a definitive agreement to acquire the stock of Central States Trucking Company and Central States Logistics.
Posted on 01/24 at 07:30 AM
NewsAir CargoLTLForward AirPermalink


Thursday, January 23, 2014

Company officials said this new service enables LTL carriers publish real-time, dynamically-priced rates to––and work directly with––small to midsize shippers posting freight to the uShip freight marketplace, which, in turn, helps LTL carriers optimize their highest yield profit segment.
Posted on 01/23 at 05:59 AM
NewsLTLSpot MarketPermalink


Wednesday, January 22, 2014

Following a tentative agreement announced late last week between less-than-truckload (LTL) transportation services provider YRC Worldwide and the International Brotherhood of Teamsters on an extension of the collective bargaining agreement of YRC’s 26,000 Teamsters employees to March 2019, details of the agreement emerged yesterday at a “two-person” meeting of local union officials.
Posted on 01/22 at 04:11 AM
NewsLTLYRC WorldwideYRCPermalink


Monday, January 20, 2014

For YRC Worldwide, it’s onto Plan B in the wake of the stunning rejection of a five-year deal to continue 15 percent wage and benefit cuts by its 26,000 Teamsters workers.
Posted on 01/20 at 04:36 AM
NewsLTLYRC WorldwideTeamstersYRC FreightPermalink


Wednesday, January 15, 2014

After YRC's Teamsters shoot down management's proposal for further wage and benefits cuts, stakeholders wonder if and when customer defections could begin.
Posted on 01/15 at 05:00 AM
BlogsLTLYRC WorldwideYRCTeamstersPermalink


Friday, January 10, 2014

For YRC Worldwide, it’s onto Plan B in the wake of the stunning rejection of a five-year deal to continue 15 percent wage and benefit cuts by its 26,000 Teamsters workers.
Posted on 01/10 at 05:02 AM
NewsLTLYRC WorldwideYRC FreightPermalink


Wednesday, January 08, 2014

In an effort to restore its financial footing and refinance its debt load, less-than-truckload (LTL) transportation services provider YRC Worldwide is looking to collect $1.15 billion in loans, according to a Bloomberg report published yesterday.
Posted on 01/08 at 03:15 AM
NewsLTLYRC WorldwideYRCPermalink


Monday, December 23, 2013

Clearing a significant hurdle in its latest financial restructuring, YRC Worldwide says it has reached a debt-for-equity deal with lenders and other institutional investors to reduce its debt by about $300 million.
Posted on 12/23 at 05:49 AM
NewsLTLYRCPermalink


Tuesday, December 10, 2013

Toronto-based less-than-truckload carrier and transportation services provider Vitran Corporation Inc. announced this week that it has entered into a definitive agreement to be acquired by Manitoulin Transport Inc., a Pembroke, Ontario-based provider of LTL transportation services.
Posted on 12/10 at 11:40 AM
NewsLTLVitran CorporationPermalink


Monday, December 09, 2013

Ballots are going out Tuesday to about 26,000 Teamsters on continuation of a wage and pension concession package that will save the ailing carrier about $100 million annually. Results of the rank-and-file vote will be announced Jan. 8 and could go a long way in determining the future of 80-year-old YRC, which has lost in excess of $2.6 billion in the last decade.
Posted on 12/09 at 12:41 PM
NewsLTLYRC WorldwideYRC FreightPermalink



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