LTL

It took months of bargaining-table wrangling and two rounds of voting, but ABF Freight System finally has its own national master freight agreement. The less-than-truckload carrier and the Teamsters sealed the deal on a five-year agreement in late October when a lone holdout region rejected a strike authorization.

YRC Worldwide has asked its International Brotherhood of Teamsters employees to engage in formal negotiations for a contract extension...

YRC Worldwide is asking its Teamster employees to extend their current wage concessions beyond 2015 to help secure restructured financing from its lenders.

Vitran is putting a buffer between its profitable Canadian trucking operations and any unwelcome suitors, adopting a “shareholder rights plan” designed to slow or ward off any unsolicited bids.

John R. “Jack” Congdon Sr., a longtime member of the board of directors at Old Dominion Freight Line, has died at the age of 80 following a battle with cancer.

Saia reported its profit in the third quarter of 2013 was $12.9 million, jumping 39.5 percent year-over-year from $9.3 million.

Con-way increased net profit 21 percent year-over-year in the third quarter to $30.6 million, despite a slight drop in overall revenue from a year ago to $1.4 billion.

After months of difficult negotiations over regional supplements, ABF Freight Systems has a new five-year contract with the Teamsters and a 7 percent wage cut, effective Nov. 3.

Roadrunner reported its net income available to common stockholders in the third quarter of 2013 was $13.2 million, jumping 34.0 percent year-over-year from $9.9 million.

TransForce reported its profit in third quarter of 2013 was C$44.0 million (about US$42.0 million), down 18.2 percent year-over-year.

Fresh from a network restructuring and leadership changes, YRC Worldwide will sit down with the Teamsters next month to discuss the LTL operator's future, including its debt obligations.

Old Dominion Freight Line reported its profit in the third quarter of 2013 increased 17.8 percent to $60.1 million, from $51.0 million in the third quarter of 2012.

A battle may be brewing for the Canadian business of trucking operator Vitran, which this month sold its ailing U.S. less-than-truckload business.

Matthew Moroun just may have made the trucking deal of the decade, if not the new century. For only $2 million and the assumption of about $30 million in debt, the vice chairman of CenTra and son of trucking magnate Manuel “Matty” Moroun hopes to pick up the U.S. operations of $703 million Toronto-based Vitran.

TransForce, through its subsidiary Dynamex Canada, has acquired all of the shares of Total Delivery Systems, a British Columbia-based courier and distribution services company.

Vitran will review an offer for its Canadian business from trucking giant TransForce. Will there be a bidding war for the company?

TransForce, the $3.1 billion Canadian trucking operator, is bidding to acquire the Canadian operations of less-than-truckload carrier Vitran, less than a week after Toronto-based Vitran announced the sale of its U.S. business.

Trucking company Vitran is on a route back to Canada across Detroit's Ambassador Bridge.

James Welch, CEO of YRC Worldwide, is taking charge at YRC Freight, replacing President Jeff Rogers, who left the less-than-truckload carrier abruptly.

Roadrunner Transportation Systems has acquired substantially all of the assets of YES Trans, a refrigerated truckload service provider based in Salisbury, Mass.

Despite the lackluster economy, FTR sees potential for a 'modest' peak shipping season this fall for truckers.

A federal court in late August left ABF Freight System with a clear choice: the less-than-truckload carrier could drop its struggle to wring $750 million in damages from the Teamsters union and YRC Worldwide, or try to appeal again after having its lawsuit challenging three rounds of union concessions at its competitor dismissed three times in as many years.

Roadrunner Transportation Systems has acquired all of the outstanding equity of G.W. Palmer Logistics for about $2.5 million, plus an earn-out capped at $2.8 million.

ABF Freight System’s $750 million lawsuit against the International Brotherhood of Teamsters and YRC Worldwide has again been rejected by a federal court.

Teamster employees at ABF Freight System approved five regional supplements, but two side agreements are still on the table.

Shippers face “significant” rate increases in the U.S. over the next few years unless they build more multimodal supply chains for domestic and inbound shipments, an investment analyst warns.

A recent industry survey shows third-party logistics companies and freight brokers are increasing the amount of business they do with LTL carriers significantly as shippers widen their search for capacity beyond the truckload business, and are making a bigger profit in the LTL business than the traditional truckload market.

J. Harwood Cochrane, 100, founder of Overnite Transportation, and Jack Holmes, president of UPS Freight, discuss less-than-truckload’s origins and the trucking industry's multimodal future.

Old Dominion Freight Line has opened a 100-door facility southwest of Chicago.

The U.S. economy marked a milestone in June: the beginning of a fifth straight year of recovery as measured by growth in gross domestic product. Don’t worry, you didn’t miss the ticker-tape parade. With GDP increasing 1.1 percent and 1.7 percent in the first and second quarters of 2013, no one’s in much of a mood to celebrate.

Roadrunner Transportation Systems has acquired certain assets of the U.S. Southeast drayage division of Transport Corp. of America, an intermodal transportation provider in the Southeast, for about $1.2 million.

YRC Worldwide's stock has been on a wild ride the past few months, but the trucking operator is steadily narrowing losses and striving to make long-term improvements in LTL operations.

Roadrunner Transportation Systems has commenced a public offering of 4.3 million shares of its common stock, at a price of $27.00 per share to the public.

UPS Freight will open a facility in Indianapolis on Monday, Aug. 12.

Old Dominion Freight Line has expanded its facility in Manassas, Va., and opened a new facility in Rapid City, S.D., continuing its nationwide expansion program.

YRC Worldwide today reported a net loss of $15.1 million in the second quarter of 2013, compared with a net loss of $22.6 million in the second quarter of 2012.

Two years into a reorganization that has sharply reduced net losses and led to operating profit, YRC Worldwide is confident enough to consider its first major public stock offering in years as a means of cutting long-term debt from its books.

Roadrunner Transportation Systems today reported its net income available to common stockholders in the second quarter of 2013 was $14.0 million, jumping 37.0 percent from $10.2 million in the second quarter of 2012.

Apex Freight Services has acquired Timberline Freight Services, a Colorado-based, full and less-than-truckload transportation company specializing in the movement of temperature-sensitive goods.