LTL

<p>With process automation comes opportunities to share operational strengths that will build stronger networks at optimized costs. Shippers and carriers will have to understand the other’s capabilities through transparent reporting and joint planning.</p> By Peter Moore · March 1, 2014
New systems and management techniques are providing the infrastructure needed to revolutionize the LTL market. Now, shippers and carriers need to sit down and re-engineer their relationships from scratch to improve margins for both. Here’s how it’s done.
By Michael Levans · March 1, 2014
We’ve certainly been reading and hearing more about the benefits of improved communication and collaboration in logistics management—be it with our carriers, third party-logistics (3PL) providers, suppliers, and even competitors.
By Jeff Berman · February 27, 2014
In a year that was replete with labor-related and financing issues, less-than-truckload (LTL) transportation services provider YRC Worldwide reported relatively solid earnings for the fourth quarter and 2013 year-end.
By Jeff Berman · February 17, 2014
Freight transportation and logistics services provider Averitt Express recently announced it has added climate-controlled services for shippers in the form of self-powered, less-than-truckload (LTL) shipping units.
By John D. Schulz · February 17, 2014
YRC Worldwide, in a major refinancing aimed at lowering its annual interest payments and increasing liquidity for badly needed recapitalization, has refinanced approximately $1.1 billion in debt under much more favorable terms for the 90-year-old trucking company.
By Mike Regan · February 10, 2014
The freight market is starting to heat up, and smart shippers need to evaluate their supply chain strategies if they are going to control their costs before it’s too late.
By Peter Moore · February 1, 2014
By now you’ve surely heard a U.S. Postal Service spokesperson talk about a parcel deal that they call “If it fits, it ships” with a simple form of capacity pricing.
By John D. Schulz · January 27, 2014
YRC Worldwide was given a badly needed financial lifetime when continuation of a five-year wage and pension concession agreement was ratified by a 2-to-1 margin of its Teamsters-covered employees.
By LM Staff · 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.
By Jeff Berman · 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.
By LM Staff · 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.
By John D. Schulz · 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.
By Jeff Berman · 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.
By John D. Schulz · 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.
By LM Staff · January 8, 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.

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