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LTL
The latest LTL News & Analysis
YRC Reports $23 Million Fourth Quarter Profit
William B. Cassidy | Feb 4, 2011, 9:29 AM EST
YRC Worldwide broke into the black in the fourth quarter, reporting a $23 million net profit on $1.09 billion in revenue, and cut its full-year loss to $322 million.
Trucking News
LTL
ABF Freight Posts $58 Million Loss for 2010
William B. Cassidy | Feb 3, 2011, 3:28 PM EST
ABF Freight System lost $7.4 million in the fourth quarter and $58.1 million in 2010 as it struggled to raise pricing, control costs and get back to profitability.
Trucking News
LTL
Con-way Reports Slim Profit for 2010
William B. Cassidy | Feb 2, 2011, 6:35 PM EST
Transportation and logistics operator Con-way returned to the black in 2010, reporting a $4 million profit for the year compared with a $110.9 million loss in 2009.
LTL
Trucking News
C.H. Robinson Revenue Hits $9.3 Billion in 2010
William B. Cassidy | Feb 2, 2011, 4:51 PM EST
Higher shipment volume helped boost C.H. Robinson's profit 17.6 percent in the fourth quarter to $103.2 million as revenue rose 15.8 percent to $2.3 billion.
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LTL
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A. Duie Pyle Plans Routes with Descartes System
Thomas L. Gallagher | Feb 2, 2011, 4:28 PM EST
Less-than-truckload carrier A.
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J.B. Hunt Tracks Storm-Bound Drivers on Facebook
William B. Cassidy | Feb 2, 2011, 2:41 PM EST
J.B.
Trucking News
LTL
Appellate Court to Expedite ABF-YRC Lawsuit
William B. Cassidy | Feb 2, 2011, 1:26 PM EST
ABF Freight System's lawsuit challenging Teamster wage and pension concessions at YRC Worldwide is on a fast track toward a hearing in a federal appeals court.
Trucking News
LTL
UPS Freight Passes $2 Billion Revenue Mark
William B. Cassidy | Feb 2, 2011, 1:21 PM EST
UPS Freight didn't increase less-than-truckload shipment volume much in 2010, but its LTL revenue leaped 10.9 percent to $2 billion, a sign higher rates are sticking.
Trucking News
LTL
ODFL Profit Jumps to $76 Million on Rate Gains
William B. Cassidy | Feb 2, 2011, 12:17 PM EST
Old Dominion Freight Line more than doubled its profit for the full year and fourth quarter, as a 19.9 percent increase in shipments boosted revenue in late 2010.
Trucking News
LTL
Winter Storms Disrupt Trucking, Rail Traffic
William B. Cassidy | Feb 2, 2011, 10:58 AM EST
The massive winter storm hitting a broad swath of the U.S. is delaying or stopping truck and train transport, as states shut icy highways or impose truck limits.
Trucking News
LTL
Truck brokers
3PL Jacobson Expands into Europe with Rhenus
Thomas L. Gallagher | Feb 1, 2011, 4:25 PM EST
Jacobson Companies, a global 3PL headquartered in Des Moines, Iowa, is expanding into Europe with the help of a strategic partnership with Rhenus Logistics, a $3.7 billion logistics service provider b
Transport, Trade and Regulation News
Forwarding
LTL
FedEx Freight Launches Priority, Economy Service
William B. Cassidy | Feb 1, 2011, 11:43 AM EST
A streamlined FedEx Freight launched enhanced services Monday after cutting and reorganizing its terminals, taking some cues from its express parent.
Trucking News
LTL
FedEx Freight Gets an Overhaul
William B. Cassidy | Jan 31, 2011, 12:00 AM EST
Bill Logue will launch a new trucking company Jan. 31 — FedEx Freight. It will look much the same as the old FedEx Freight. Its rates won’t change.
Trucking News
LTL
Trucking labor
Simpler Pricing No Priority
JOC Staff | Jan 31, 2011, 12:00 AM EST
There’s one area where FedEx Freight will stick to the LTL playbook: pricing.
Trucking News
LTL
Canadian Freight Index Drops 2.8 Percent
William B. Cassidy | Jan 28, 2011, 3:23 PM EST
Canadian shipping costs dropped for the second straight month in November, as freight demand cooled in the fall, according to the Canadian General Freight Index.
Trucking News
LTL
YRC to Cut 80 Jobs in Akron, Ohio
William B. Cassidy | Jan 27, 2011, 11:41 AM EST
YRC Worldwide will cut 80 jobs in Akron, Ohio, and is looking for a buyer for the former headquarters of Roadway Express there, the Akron Beacon Journal reported.
Trucking News
LTL
Trucking labor
Truck Tonnage Index Hits Highest Point Since 2008
William B. Cassidy | Jan 26, 2011, 2:04 PM EST
Truck tonnage rose 5.7 percent last year compared with 2009, helping tonnage to recovery from an 8.7 percent plunge, the American Trucking Associations said.
Trucking News
LTL
Traffic Down, Delays Up
Courtney Tower | Jan 24, 2011, 12:00 AM EST
Why should anyone worry about improving bridges between the U.S. and Canada? U.S. imports plummeted 33 percent between from 2008 to 2009, and U.S. exports slid 21 percent.
Trucking News
Forwarding
LTL
Burning Bridges
Courtney Tower | Jan 24, 2011, 12:00 AM EST
Sometime in the next few months, President Obama and Canadian Prime Minister Stephen Harper will unveil a broad, new vision for the border separating the world’s two largest trading partners, re
Trucking News
Transport, Trade and Regulation News
LTL
Drivers Drive Truck Safety Rules
William B. Cassidy | Jan 24, 2011, 12:00 AM EST
Truck safety regulators are focusing increasingly not on the truck but on the driver who operates it.
Trucking News
Transport, Trade and Regulation News
LTL
Trucking labor
ABF Appeals Dismissal of YRC-Teamsters Lawsuit
William B. Cassidy | Jan 19, 2011, 8:37 AM EST
ABF Freight System is taking its legal challenge against concession agreements negotiated by YRC Worldwide and the Teamsters to the U.S. Court of Appeals.
Trucking News
LTL
Trucking labor
US Meets With Mexico on Cross-Border Trucking
JOC Staff | Jan 18, 2011, 4:38 PM EST
Transportation Secretary Ray LaHood said he expects to have an agreement to revive cross-border trucking between the U.S. and Mexico by the middle of the year after sending U.S.
Trucking News
LTL
Truck brokers
Trucker CTS Plans Chapter 11 Reorganization
William B. Cassidy | Jan 18, 2011, 1:06 PM EST
Trucking company Cargo Transportation Services can attempt to reorganize after a U.S. bankruptcy court judge gave the company the cash it needs to keep rolling.
Trucking News
LTL
Spot Truck Demand Soared in December
William B. Cassidy | Jan 17, 2011, 2:57 PM EST
The spot market for truckload freight surged 55 percent year-over-year in December, according to the TransCore North American Freight Index.
Trucking News
LTL
LTL Expands Off Pallet
William B. Cassidy | Jan 17, 2011, 12:00 AM EST
As 2011 gets under way, less-than-truckload carriers increasingly are thinking outside the pallet, expanding and launching non-traditional services in a bid to secure more freight and reach deeper int
Trucking News
LTL
Vitran to Purchase LTL Trucker Milan Express
William B. Cassidy | Jan 14, 2011, 1:26 PM EST
Canadian transportation company Vitran is expanding into the Southeastern U.S. by purchasing the $70 million less-than-truckload division of Milan Express.
Trucking News
LTL
Con-way Says Profit to Fall
William B. Cassidy | Jan 13, 2011, 11:17 AM EST
Con-way Freight says it expects the company's operating profit to fall by nearly a third in the fourth quarter because soaring healthcare costs are offsetting improvements in shipping demand.
Trucking News
LTL
Labor Dept. Data Highlights Trucking Contraction
William B. Cassidy | Jan 11, 2011, 9:55 AM EST
The number of trucking operations tracked by the Bureau of Labor Statistics dropped 7.5 percent from 2007 through early 2010, a sign of significant consolidation among motor carriers over the course o
Trucking News
LTL
Trucking labor
Ryder Completes Total Logistics Acquisition
William B. Cassidy | Jan 6, 2011, 10:56 AM EST
Ryder System completed its acquisition of Total Logistics Control, a third-party logistics provider, for approximately $200 million.
Trucking News
LTL
Truck brokers
NHTSA Eyes Mandatory Truck Speed Limit
William B. Cassidy | Jan 6, 2011, 10:19 AM EST
The federal government will consider limiting the speed of all heavy trucks to 68 mph, a proposal some truckers support and others oppose.
Transport, Trade and Regulation News
LTL
Analyst Downgrades Trucker Con-way
William B. Cassidy | Jan 5, 2011, 3:48 PM EST
Wall Street firm J.P.
Trucking News
LTL
Old Dominion Promotes Key Executives
William B. Cassidy | Jan 5, 2011, 2:48 PM EST
Old Dominion Freight Lines promoted several key executives following the death of John B. Yowell, executive vice president and chief operating officer.
Trucking News
LTL
Southeastern Launches Truckload, Logistics Unit
William B. Cassidy | Jan 5, 2011, 12:35 PM EST
South Carolina-based Southeastern Freight Lines is launching a truckload and logistics subsidiary, moving beyond its regional less-than-truckload market.
Trucking News
LTL
IANA Elects Chairman, Officers, Directors
Thomas L. Gallagher | Jan 5, 2011, 12:20 PM EST
The Intermodal Association of North America elected a chairman, vice chair, treasurer and five directors, the board announced Jan. 5.
Rail News
Forwarding
LTL
Old Dominion Executive John B. Yowell Dies
William B. Cassidy | Jan 4, 2011, 5:24 PM EST
John B. Yowell, a veteran trucking executive who helped build Old Dominion Freight Line into an almost $2 billion company, died Dec. 30. He was 59 years old.
Trucking News
LTL
ABF Freight Expands Service to Dominican Republic
William B. Cassidy | Jan 4, 2011, 12:53 PM EST
Trucking company ABF Freight System is broadening its container service from the U.S. to the Dominican Republic as it expands its global portfolio.
Trucking News
Forwarding
LTL
Teamsters Extend YRC Equity Deadline
William B. Cassidy | Jan 3, 2011, 12:42 PM EST
The Teamsters union gave YRC Worldwide until March 15 to make good on a plan that includes $300 million in new equity investment and debt reduction.
Trucking News
LTL
Trucking labor
Economic Signs Point to Logistics Acquisitions
William B. Cassidy | Jan 3, 2011, 12:41 PM EST
A wave of acquisitions could hit the U.S. trucking and logistics industries in 2011 as the economy slowly improves and cramped companies look to expand.
Trucking News
LTL
Truck brokers
Trucking’s Uphill Climb
Satish Jindel | Jan 3, 2011, 12:00 AM EST
2010 produced mixed results for the truckload, less-than-truckload and domestic parcel segments of the trucking industry.
Trucking News
Rail News
LTL
Separate, Not Equal
William B. Cassidy | Jan 3, 2011, 12:00 AM EST
There used to be some uniformity to the U.S. less-than-truckload industry, at least in the unionized wing of the business.
Trucking News
LTL
Trucking labor
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