LTL

Truckload carrier CRST International expanded its capacity, revenue base and diversified its business by acquiring Specialized Transportation for an undisclosed sum.

Old Dominion Freight Line increased its profit 83.1 percent to $39.4 million in the second quarter, as revenue rose 30.4 percent from a year ago to $480.3 million.

YRC Worldwide named Jamie G. Pierson, a managing director with Alvarez & Marsal North America, interim chief financial officer while it seeks a permanent CFO.

Multiregional less-than-truckload carrier Saia increased its year-over-year profit 41 percent to $8.3 million in the second quarter, as its revenue rose 15 percent to $266 million.

Third-party logistics and brokerage giant C.H.

UPS Freight increased its revenue 19 percent to $660 million in the second quarter, improving its revenue per hundredweight and profitability, the company said.

MultiPack, formally Servicios Nacionales Mupa, has trucking, express package and warehousing operations across Mexico.

Canadian less-than-truckload operator Vitran lost $2.3 million in the second quarter, despite a 23.1 percent increase in revenue to $208.9 million.

YRC Worldwide must demonstrate its value to shippers, logistics providers and its own employees to survive and succeed, new CEO James L. Welch said.

Canadian logistics provider and package carrier Purolator International opened a facility in Minneapolis as it rolls out an “aggressive” expansion in the U.S.

There may be a strong case to be made for using natural gas to fuel the country’s heavy-duty trucks, but for years that case has been ruled by inarguable logic: Truckers don’t buy natural

YRC Worldwide on Friday named James L. Welch, a former president of Yellow Transportation who spent 29 years with the trucking company, as its new CEO.

Troubled trucking giant YRC Worldwide completed its $500 million financial restructuring Friday, cementing long-term credit terms and labor concessions that will save the company more than $1 billion

When YRC Worldwide’s new board of directors meets for the first time today, job number one will be naming a new CEO. Job number two: a new CFO.

Long-haul less-than-truckload operator YRC National rolled back into the black in the second quarter, reporting an operating profit of $10.6 million.

YRC Worldwide hiked its contract rates about 4 percent in the second quarter as the less-than-truckload carrier hauled more long-haul and regional freight.

YRC Worldwide, in the midst of a restructuring aimed at stabilizing the trucking company's finances, reported a $39 million loss for the second quarter on Friday but said overall revenue grew 12.3 per

James L. Welch is resigning as CEO of Dynamex, leaving the former YRC executive free to rejoin the trucking company in place of retiring chief William D. Zollars.

Averitt Express is shortening transit times between the Southern U.S. and Western Canada with a service that speeds freight across the border over weekends.

YRC Inc., the long-haul subsidiary of YRC Worldwide is hiking its rates 6.9 percent, matching rate hikes announced by many of its

Con-way Freight will hike its tariff rates 6.9 percent Aug. 1, matching general rate increases announced this month by UPS Freight and ABF Freight System.

Total Transportation Services, a Long-Beach, Calif-based port drayage company, plans to buy 100 hydrogen fuel cell plug-in e

FTR Associates’ monthly Shippers Condition Index rose this month, indicating that market influences affectin

For a quick gauge of where truck pricing is headed, check tire prices.

After securing a $400 million asset-based loan, the last remaining step is the sale of $100 million worth of convertible preferred securities to its lenders, a company official said.

YRC Worldwide expects its revenue to rise about $600 million this year to $4.9 billion and to report an operating profit of $4.2 million in the second half.

FedEx will increase capital spending 24 percent over the next year, adding $800 million as it replenishes its fleets with new aircraft, trucks and tractors.

The backlog of Class 8 trucks on order to be built is getting bigger, as demand for new trucks remains strong despite a slowing economy, ACT Research said.

Truckload shipping volumes increased 2 to 3 percent in June from the previous month, with rates rising 4 to 5 percent, according to Longbow Research.

YRC Worldwide expects to draw $255 million from its new $400 million asset-based loan to help repay its existing asset-based loan and set up an escrow account.

The Ceridian-UCLA Pulse of Commerce index pulled out of its two-month slide with a 1 percent increase in June, though it remains lower than it was in March.

A major natural gas company is investing $150 million in a venture that would build 150 liquid natural gas fueling stations for heavy trucks at truck stops nationwide.

Trucking giant YRC Worldwide secured a $400 million asset-based loan facility from its lenders, a key step toward completing its

YRC Worldwide is one step away from completing its financial restructuring by a July 22 deadline, a key official at th

YRC Worldwide named financial executive Christopher C. Wren senior vice president and treasurer of the $4.3 billion trucking enterprise.

The for-hire trucking industry is adding workers to company payrolls while the national unemployment rate continues to rise.

Freight brokers increased their revenue 17.1 percent in the first quarter from the same period a year ago as the third-party logistics companies expanded fastest in business beyond their cor

ABF Freight System won an important victory in its challenge to wage and benefits concessions the Teamsters union granted YRC Worldwide and its subsidiaries.

Trucking company ABF Freight System will raise general less-than-truckload rates 6.9 percent July 25, the company said Wednesday.

UPS Freight’s Aug. 1 rate hike is likely to set off a round of early general rate increases in the less-than-truckload market, key financial analysts said.