Filed in LTL
Monday, August 12, 2013
Last week, Rotunda Capital Partners, a middle market private equity firm, announced it sold off global logistics services provider Worldwide Express to an investment group, which included a significant investment from Worldwide’s management team.
Wednesday, August 07, 2013
YRC Worldwide, the largest Teamsters-covered LTL carrier, continued its financial improvement in the second quarter.
Posted on 08/07 at 10:16 AM
News and Analysis •
Thursday, August 01, 2013
Foodservice equipment and supply company leverages its technology partnership to secure capacity, simplify rates, and cut 12 percent from its transportation spending. Here’s how they did it.
While the national LTL market had been slowly, but surely, pulling itself out of its recession-induced slump, the sector now seems to have hit a bit of a leveling-off period in terms of growth.
While revenue numbers have flattened a bit, the Regional LTL category continues to represent some of the most forward-thinking carriers in trucking.
LM Group News Editor Jeff Berman recently spoke with Roadrunner Transportation Systems Inc. President and CEO Mark DiBlasi about the company's acquisition strategy and market trends.
Posted on 08/01 at 10:45 AM
In the past months, ABF Freight System and UPS Freight announced 5.9 percent general rate increases, effective May 28 and June 10, respectively. Con-way Freight will raise its LTL rates 5.9 percent on June 24. On June 10, FedEx Freight announced a 4.5 percent GRI in non-contract base rates effective July 1, and other large carriers are expected to follow suit over the next several weeks.
Wednesday, July 31, 2013
ABF Freight System, the seventh-largest less-than-truckload (LTL) carrier by revenue, said this week that it has reached an agreement with the International Brotherhood of Teamsters for a contract extension through August 31 that it said will “allow for the conclusion of the voting process for the remaining six supplemental agreements to the ABF National Master Freight Agreement.
Posted on 07/31 at 11:14 AM
ABF Freight •
Monday, July 01, 2013
New state of logistics translates into new opportunities for shrewd managers who can leverage their unique skills and solid transportation relationships into value for their companies.
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