LTL

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

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.

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

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

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

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

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.

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

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.

YRC Worldwide, the country’s largest less-than-truckload carrier, lost $309 million in the quarter ending June 30 as shippers apparently abandoned the troubled company in large numbers, sending

As YRC Worldwide readies its second quarter results, analysts, investors and YRC’s competitors are eager to gauge whether the trucking giant will survive the recession and emerge a leaner, more

UPS on July 13 launched ground service for small packages from Mexico to the United States.

Truck tonnage in the United States fell at its sharpest year-over-year rate yet in the economic downturn, plunging 13.6 percent, and the American Trucking Associations issued a pessimistic outlook for

Saia lost $1.7 million in the second quarter on revenue of $218 million, which was 21 percent lower than in the prior year quarter.

Trucking and logistics company Con-way returned to profitability in the second quarter, reporting $31.5 million in net income on $1.1 billion in revenue.

The global recession took a 25 percent bite out of revenue for Ryder System, and growing expenses pulled profit down a whopping 64 percent in the second quarter.

Canadian trucker and supply chain manager Vitran returned to profitability in the second quarter, led by its less-than-truckload and logistics businesses.

Canadian trucking and logistics operator TransForce earned a $16.6 million profit in the second quarter on revenue of $418.2 million.

YRC Worldwide Chairman, President and CEO apologized not once but twice to Teamsters General President James P. Hoffa and union employees.

Old Dominion Freight Line earned a profit of $10.7 million in the second quarter, down 55 percent from a year ago, as tonnage declined and competitive pricing drove the operating ratio up.

Less-than-truckload carrier ABF Freight System lost $15.4 million in the second quarter, the company said July 21, on steep declines in volume and pricing in the trucking business.

YRC Worldwide’s financial troubles haven’t stopped its efforts to seek new business and expand and fine-tune its services.

FedEx converted 92 standard FedEx delivery trucks to hybrid-electric trucks.