LTL

YRC Worldwide’s stock value plunged today after shareholders approved the issue of more than 2 billion new shares as part of a debt-for-equity swap with bondholders.

YRC Worldwide's shareholders approved the company's debt-for-equity swap Wednesday, clearing $550 million in debt from the company's books and giving the country's largest trucking company a new lease

YRC Worldwide shareholders meet Wednesday to decide whether to accept a $550 debt-for-equity swap with bondholders that was completed Dec. 31.

UPS Freight is speeding freight across the Canadian border by stretching its two-day delivery network from Toronto and Montreal as far south as St. Louis, Mo., and Atlanta.

YRC Worldwide is even getting money from the federal government these days, but what the country’s largest trucking operator really needs is more revenue from shippers.

YRC Worldwide is using everything from online advertising on The Wall Street Journal’s Web site to offering coupons for return customers to win shippers.

Cash flowed more slowly through supply chains in January, reflecting longer payment periods among suppliers, transporters and customers in the first weeks of 2010, according to the latest Supply Chain

YRC Worldwide cleared a financial hurdle Thursday by eliminating $70 million in debt not included in its $464 million debt-for-equity swap in December, giving the carrier still greater stability in th

Logistics and trucking business The Dependable Companies acquired West Coast trucking company Matheson Fast Freight, expanding its stake in the California less-than-truckload market.

The second major snowstorm to hit the Mid-Atlantic region in a week is paralyzing traffic in Pennsylvania, a hub state for freight moving to and from the Northeast and Mid-Atlantic states.

Air freight and expedited less-than-truckload carrier Forward Air earned a profit of $6.4 million on revenue of $118 million in the quarter ended Dec. 31, the company reported.

Cross-border trucking company Vitran drove close to break-even in 2009, narrowing its net loss more than 94 percent to $4 million.

Schneider National will expand its pool of regional truckload drivers more than 600 percent this year, hiring an additional 2,100 drivers to fuel its short-haul business.

Truckload demand climbed in the first week of February, with flatbed and refrigerated trucking showing the most strength, Morgan Stanley Research reports.

YRC Worldwide’s liquidity should be sufficient to see it through 2010 and into 2011, absent a “downturn in industry or company fundamentals,” said Jon A.

YRC Worldwide’s liquidity fell steeply throughout the year, as the company’s cash and cash equivalents plummeted by two-thirds throughout 2009.

YRC Worldwide narrowed its losses last year and in the fourth quarter, but fierce competition and insecurity over its debt-for-equity swap hurt its business, company officials said today.

Trucking and logistics giant Con-way reported losses both for the fourth quarter and the full year, as overcapacity and aggressive pricing cut into its trucking income.

Pressure on prices drove profit down 32 percent in 2009 for trucking, brokerage and intermodal transportation provider J.B. Hunt.

It used to be that simply picking up and delivering freight was enough to keep every “motor carrier of property” in the land fat and happy.

ABF Freight System is holding a "dialogue" with the Teamsters union over pension liabilities and labor costs, the company's top executive said yesterday.

Arkansas Best's ABF Freight System lost $32.4 million in the fourth quarter, battered by a weak economy and fierce price competition among less-than-truckload carriers.

Old Dominion Freight Line rolled out of 2009 with a few scratches, dings and dents but with a profit margin that's still the envy of the less-than-truckload industry.

Truck tonnage hit its highest peak since the depths of the recession in December, but may be more moderate in coming months, the American Trucking Associations said.

Battling for shippers, YRC Worldwide is offering a no-fee, money-back standard service guarantee promising a 100 percent refund if goods don’t arrive on the scheduled day.

Trucking companies and their customers, parched by a three-year decline in freight shipping followed by a recession that amounted to a depression in consumer demand, are eager for any sign that econom

YRC Worldwide will release fourth-quarter financial results Feb.

Arkansas Best will take a $64 million charge in the fourth quarter because of impairment to the value of goodwill at its less-than-truckload subsidiary, ABF Freight System.

YRC Worldwide regional subsidiary Holland reduced transit times on cross-border lanes linking Toronto and the U.S. Midwest, cutting a day from transit times in some lanes.

Con-way Freight is speeding service by a full day in some lanes by cutting transit times to 460 U.S. destinations.

FedEx Freight will raise its base rates 5.9 percent Feb. 1, signaling its retreat from a less-than-truckload price war that cut into profits in the second half of last year.

YRC Worldwide is engaging its competitors -- and the media -- in a fierce battle for freight and customer confidence after squelching fears of a near-term bankruptcy.

Roadrunner Transportation Services this month closed on the acquisition of Bullet Freight Systems.

In what may be the first acquisition in trucking of 2010, Henderson Transport, a truckload carrier in Bensenville, Ill., bought Towns Transportation, Birmingham, Ala.

YRC Worldwide clinched a deal with reluctant bondholders last month with a lot of help from its good friends, the Teamsters.

Forget Times Square.

Detroit billionaire and bridge-owner Manuel "Matty" Maroun may oppose a government-owned span linking the Michigan city and Canada, but that won't stop him from setting up trucking operation

Old Dominion Freight Line will raise its rates an average of 4.4 percent, effective Jan. 18, the regional less-than-truckload carrier said Friday.

YRC Worldwide paid one of its top executives $400,000 this week as part of a non-competition and confidentially agreement that includes an additional $400,000 in incentive pay if he stays with the com

Less-than-truckload pricing, which took a sharp turn downward toward the end of the 2009, will begin to firm by the second half of 2010 regardless of whether YRC Worldwide is still in business, invest