LTL

YRC Worldwide fired four top executives as part of a management reorganization the company says will allow it to execute critical decisions throughout the company fast

Estes Express Lines opened a 12-door terminal in Hope, Ark. to help meet growing demand for less-than-truckload freight in the Southwest.

The average retail price of diesel fuel jumped 7.8 cents last week to $2.352 per gallon in the largest increase since March, according to figures released Monday by the U.S.

The New England Teamsters and Trucking Industry Pension Fund is seeking two months worth of pension fund contributions from YRC Worldwide and is threatening to take legal action if not paid.

The Western Conference of Teamsters Pension Trust, one of approximately 20 separate multi-employer pension plans to which YRC contributes, has referred its 10 YRC accounts to its attorneys for collect

FTR Associates is forecasting the economy will stabilize in the third quarter, followed by a moderate recovery in 2010 with GDP growth estimated to rise 2.7 percent, data the firm says suggests the wo

The American Trucking Associations will support legislation limiting tolls on federal highways while the Obama administration is keeping tolling on the table as a way to pay for maintaining and upgrad

Saia cut transit times by a day for freight moving between Atlanta and the Midwest as a result of improved density that allows for more direct moves.

Two of the nation’s largest trucking organizations are at odds over legislation establishing a national database for commercial driver drug and alcohol test results.

Truck tonnage in the United States fell at its sharpest rate in 13 years in April as an apparent inventory correction hit in the midst of the lowest point yet for demand during the recession.

UPS Freight, the less-than-truckload division of UPS, cut transit times between northeast Kansas and more than 70 cities from California to Virginia.

The Virginia Department of Transportation scaled back its plan to close a group of rest stops in one of the heaviest truck routes in the country in a move the American Trucking Associations says will

Reddaway, a subsidiary of YRC Worldwide in the western United States and Canada, this week launched a four-level Guaranteed Window Delivery service.

The Obama administration does not favor raising the federal tax on motor vehicle fuels as a way to bolster highway spending accounts, said Transportation Secretary Ray LaHood.

The trucking industry will have to see a significant freight volume increase before beleaguered carriers return to profitability, a leading trucking executive says.

The top executive of troubled trucking giant YRC Worldwide challenged investment analysts and predicted his company would be profitable again by the end of third quarter.

YRC Worldwide’s intention to request $1 billion in federal aid could provide a check on rising freight rates by keeping a major competitor up and running, says the director of logistics at a lea

The impact of the economy had a multiplied effect on non-asset based transportation services company AutoInfo in the first quarter.

YRC Worldwide’s lenders waived a $45 million second quarter earnings requirement in a move one Wall Street analyst says is evidence banks aren’t interested in shutting down the troubled ca

Transportation giant UPS said it’s studying the issue of federal bailouts for financially ailing trucking companies but wouldn’t comment directly on competitor YRC Worldwide’s reques

YRC is seeking $1 billion from the federal government for relief from its pension obligations in an unprecedented move as it struggles to keep operating under heavy pressure from its lenders.

Trucking industry leader YRC Worldwide’s Chairman and CEO Bill Zollars said the company will seek $1 billion in federal bailout funds to ease pressure from its pension obligations.

Jim Ritchie, CEO of YRC Logistics, will leave the company at the end of May.

YRC Worldwide warned it may not reach its second quarter earnings requirement as the fragile financial standing at the nation’s largest heavy-freight trucking company seems to be getting shakier

After losing freight to competitors for two consecutive quarters, YRC Worldwide is rolling out a customer incentive package in an attempt to rebuild freight flows and density in its struggling long-ha

The National Industrial Transportation League “strongly” opposes attempts to cap federal size and weight limits on heavy trucks and will support raising those limits to 97,000 pounds.

Forced to take a large write-down of “goodwill” as business weakened, intermodal provider Pacer International posted a net loss of $177.4 million for the first quarter and warned it might

Sometime in the past quarter, the wheels came off the less-than-truckload industry.

Canadian trucking company Mullen Group’s profit dipped 38 percent in the first quarter as a result of falling demand for oil and natural gas drilling services in Western Canada and a decrease in

Just as it looked as though trucking was beginning to recover from the recession, tonnage dropped steeply in March.

Standard & Poor's Ratings Services on Friday revised its CreditWatch implications for YRC Worldwide from positive to negative.

Regional trucking specialist Saia announced a new round of cost reductions Friday after reporting a $6.3 million loss in a first quarter marked by declining demand and falling prices.

Trucking giant YRC Worldwide lost $257.4 million in the first quarter as shipment volumes dropped at its carriers and throughout the less-than-truckload industry.

Transportation and logistics giant Con-way lost $154 million in the first quarter, including a goodwill impairment charge of $134.8 million, as a result of intense price competition and plummeting dem

First-quarter profit at Old Dominion Freight Line dropped nearly 62 percent as weakening demand and lower prices took their toll on the multi-regional LTL carrier’s profits.

Profit at UPS Supply Chain and Freight, which includes the express parcel carrier’s heavy package, less-than-truckload division, plunged 64.6 percent to $40 million in the first quarter as trans

YRC Worldwide regional less-than-truckload carrier USF Holland closed terminals, including its Holland, Mich. terminal, due to weak freight demand.

North American trucking and logistics firm Vitran reported a net loss of $2.4 million on revenue of $139.6 million for the quarter ended March 31, 2009.

Less-than-truckload giant Arkansas Best lost $29 million in the first quarter due to plummeting freight demand and falling rates pared down by intense competition.

C.H. Robinson’s net income decreased 1.1 percent to $85.4 million in the first quarter as its non-asset based business model helped offset weak demand and highly competitive truck rates.