LTL

With an Oct. 13 liquidity deadline approaching, YRC Worldwide is cutting deeper into its work force and seeking new leeway from lenders.

YRC Worldwide is continuing an executive restructuring alongside “workforce adjustments” as it attempts to stave off bankruptcy and return to profitability.

Trucking giant YRC Worldwide is cutting deeper into its workforce and winning new leeway from lenders as it strives to avoid bankruptcy.

Truck tonnage climbed for the second month in a row in August, boosting the American Trucking Associations’ advance seasonally adjusted For-Hire Truck Tonnage Index another 2.1 percent over a si

Estes Express Lines is picking up the pace of competition by slicing a day from transit times for freight moving from 26 terminals in its less-than-truckload network.

Douglas G. Duncan, the executive who has led FedEx Freight from its inception, will retire next February, the company announced.

In its race to avoid bankruptcy, YRC Worldwide is jumping hurdles like a horse running a steeplechase.

FedEx reported a $181 million profit Thursday for its fiscal quarter ending Aug.

Same-day delivery and logistics provider Dynamex cut back operations and administrative staff and built its sales force to hang on to profits in its fourth fiscal quarter.

The Teamsters union, already fighting legal and legislative battles to organize FedEx workers in the United States, said Monday it is launching a “large-scale campaign” to bring FedEx work

FedEx issued an upbeat new view of the economy Friday, saying its earnings could end up nearly double earlier projections in part because of gains in international express shipping.

Unionized drivers at less-than-truckload carrier New Penn Motor Express, facing possible shutdown, approved concessions sought by financially troubled parent company YRC Worldwide, the Teamsters union

The antitrust division of the U.S. Department of Justice said it would not challenge the joint venture of seven U.S.

As YRC scrambles to regain market share, its sales efforts this week focused on high value delivery options with an enhancement to the carrier’s Expedited Precision service.

Trucking giant YRC Worldwide struck a new amendment to a $950 million credit line, the company said in its latest move to maintain financial footing and stay out of bankruptcy protection.

In preparation for the peak fall season and extra demands on retailers, YRC Worldwide is expanding its window delivery capabilities across all of its transportation companies.

YRC Worldwide named Richard Williamson, a management consultant who’s worked with the less-than-truckload operator on its financial restructuring, chief strategy officer, a

Tonnage actually hauled by trucks decreased in July, whether compared with June’s dismal contraction or with July of a year ago.

Credit ratings firm Standard & Poor’s removed both YRC Worldwide and Con-way from its CreditWatch list this month, but maintained a “negative outlook” for the trucking companies

Regional less-than-truckload carrier New England Motor Freight will reach across the border and deep into Canada through a partnership with Manitoulin Transport, a Toronto-based LTL carrier with 66 Ca

A “deep and DARK RECESSION” may have slowed Manitoulin Transport, but it hasn’t stopped the Canadian company’s expansion, President and CEO Gord Smith says.

Less-than-truckload carrier New Penn Motor Express may be merged into long-haul operator YRC unless union employees reverse course and accept wage and benefit cuts they rejected earlier this mont

The fate of the nation’s largest trucking company lies in the hands of its bankers — and customers.

Chances are you’re pinching pennies these days. You’ve whittled all the fat out of your transportation budget and are running lean and mean.

The state of the trucking industry in mid-2009 is, to put it mildly, chaotic.

Northeastern regional LTL carrier New England Motor Freight will reach deep into Canada through a partnership with Toronto-based Manitoulin Transport.

Hundreds of millions of dollars have been wiped from YRC Worldwide’s books as a severe decline in shipping digs the financial hole for the country’s largest less-th

YRC Worldwide will sell $81 million in property to NorthAmerican Terminals Management, leasing back certain facilities, the company said Aug. 7.

Teamsters at two of YRC Worldwide's largest subsidiaries approved wage and benefit concessions that will provide immediate economic relief for the nation's largest less-than-truckload operator.

The volume of freight available for truckers surged 33 percent in June, far outstripping the normal seasonal increase of up to 12 percent, according to TransCore’s Freight Index.

Frozen Food Express Industries lost $5.2 million in the second quarter as the company struggled with lower volume and freight rates. The loss followed a $6.1 million loss in the first quarter.

A top Teamsters union official stressed that all employees of YRC Worldwide will share “equal sacrifice” if proposed wage and benefit cuts are approved this week.

Non asset-based transportation holding company Circumference America consolidated operations and sold its intermodal division, Radius Rail Logistics.

DSV, the largest Scandinavian trucking and logistics company, reported a larger-than-expected decline in second-quarter earnings and lowered its full-year forecast to reflect shrinking ocean, air and

Less-than-truckload carriers are finding it more difficult than their truckload counterparts to reduce excess capacity. They can’t simply park trucks.

Pacer International, the Concord, Calif.-based intermodal and logistics company, took another step toward a transformation of its business model when it agreed to sell its heavy-haul trucking segment

The economic recession is opening new cracks in the road for the trucking industry — and thousands of tractors and trailers are falling through.

Transportation industry analysts said Friday trucking company YRC Worldwide may run out of cash in as little as three months after posting a $309 million net loss in the second quarter.