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Filed in LTL

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


Wednesday, December 04, 2013

LM Group News Editor Jeff Berman recently spoke with Bill Logue, president and CEO of FedEx Freight, the less-than-truckload subsidiary of FedEx, at the NITL/IANA Transcomp event in Houston about various industry topics, including rates, regulation, and infrastructure, among others.
Posted on 12/04 at 11:29 AM
NewsFedExLTLFedEx FreightPermalink


Tuesday, December 03, 2013

ODFL is calling for an annual increase tons per day in the 9.5 percent-to-ten percent range, which is ahead of a previous forecast of 9 percent-to-ten percent growth
Posted on 12/03 at 12:51 PM
NewsLTLODFLPermalink


Thursday, November 21, 2013

Financially ailing YRC Corp., parent of the second-largest group of LTL carriers, is asking its 26,000 Teamsters employees to continue working at a 15 percent wage reduction and benefits cuts through 2018 in a labor proposal company officials have describe as vital to the future of the 87-year-old company.
Posted on 11/21 at 11:11 AM
NewsLTLYRC WorldwideYRCPermalink


Wednesday, November 13, 2013

The company reported late yesterday that consolidated operating revenue for the quarter—at $1.253 billion—was up 1.3 percent annually, while consolidated operating income fell from $27.3 million to $5.8 million year-over-year.
Posted on 11/13 at 09:57 AM
NewsLTLYRC WorldwideYRCYRC FreightPermalink


Thursday, November 07, 2013

Financially struggling YRC Worldwide Inc., parent of the second-largest LTL carrier in the nation that has lost more than $2.6 billion in the last six years, has initiated discussions with the International Brotherhood of Teamsters in seeking another round of wage and benefit concessions.
Posted on 11/07 at 12:00 PM
NewsLTLYRC WorldwideTeamstersPermalink


Friday, November 01, 2013

LTL executives are looking to drive relentless cost increases out of their operations—and they’re telling shippers to prepare for rate increases in the 3 percent to 5 percent range. Here’s why rates are rising and what shippers should expect in 2014.
Posted on 11/01 at 03:00 PM
Special ReportsNovember 2013TransportationLTLLess than TruckloadPermalink


Thursday, October 31, 2013

ABF Freight System, the nation’s sixth-largest LTL carrier, has finalized a five-year deal with the Teamsters union that is projected to save the nation’s sixth-largest LTL carrier between $55 and $65 million annually.
Posted on 10/31 at 02:06 PM
NewsLTLABF FreightTeamstersPermalink


Wednesday, October 30, 2013

Teamsters employees at ABF Freight System covered by the Central Region Local Cartage supplement to the ABF National Master Freight Agreement (NMFA), the sixth-largest less-than-truckload (LTL) carrier in the country, told ABF on October 29 that they have voted to reject a strike authorization.
Posted on 10/30 at 02:45 PM
NewsLTLABF FreightPermalink


Tuesday, October 08, 2013

Toronto-based less-than-truckload (LTL) carrier and transportation services provider Vitran Corporation Inc. said today it has completed the sale of its United States-based less-than-truckload business, which was initially announced in late September.
Posted on 10/08 at 10:50 AM
NewsLTLVitran CorporationPermalink



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