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ltl
LTL
The latest LTL News & Analysis
YRC Worldwide: Rogers Moves Up
JOC Staff |
YRC Worldwide hopes to emulate the recent success of its regional carrier Holland on a broader scale by naming Jeff Rogers president of national carrier YRC.
LTL
Trucking News
LTL Carriers Clear the Slate
William B. Cassidy |
Two years ago, the nation’s largest trucking companies were locked in a no-discount-barred price war that slashed less-than-truckload rates across the industry and cut into the bottom lines at F
LTL
Trucking News
Con-Way 'Recovering Margin'
JOC Staff |
In some ways, Con-way Freight, with $3.1 billion in revenue last year, fared better over the past two years than its largest competitors, YRC and FedEx Freight.
LTL
Trucking News
FedEx Freight: Merging to Profit
JOC Staff |
LTL
Trucking News
Con-Way Freight Names Clark Executive VP
William B. Cassidy, Senior Editor |
New Con-way Freight President W. Gregory Lehmkuhl chose Thomas W. Clark, a 26-year Con-way veteran, as his executive vice president of operations.
LTL
FedEx Freight Expands in Montana
William B. Cassidy, Senior Editor |
FedEx Freight expanded its service center in Butte, Mont., to a 65-door facility to make it a less-than-truckload hub in the Northwest.
LTL
Trucking News
ODFL’s Congdon Sees Slow Growth Ahead
William B. Cassidy, Senior Editor |
Less-than-truckload freight demand remains healthy despite fears of a return to economic recession, the head of Old Domi
LTL
Trucking News
Schneider Dedicated to Sharing
William B. Cassidy |
Shippers looking to lock down capacity are turning not just to carriers, but to each other, and logistics providers are bringing the assets they need to the dock.
Trucking News
LTL
FedEx Freight Priced for Profit
William B. Cassidy |
The FedEx trucking division, and the largest U.S. less-than-truckload carrier, reported a $42 million operating profit in the fiscal quarter ending Aug.
Trucking News
LTL
Truck Tonnage Index Points to Higher Demand
William B. Cassidy |
The month-to-month decline in for-hire truck tonnage slowed in August, and tonnage levels rose more strongly from a year ago compared with July.
Truckload
Trucking News
LTL
Holland’s Rogers Named President of YRC National
William B. Cassidy |
YRC Worldwide named Jeff Rogers president of long-haul less-than-truckload carrier YRC and Mike Naatz president of regional LTL subsidiary Holland.
LTL
Trucking News
YRC Worldwide Cuts Two Executives
William B. Cassidy |
YRC Worldwide’s new CEO James L. Welch eliminated two executive positions at the trucking giant as he reorganizes its management team and functions.
LTL
Trucking News
Con-way Freight Names Lehmkuhl President
William B. Cassidy |
Con-way named W. Gregory Lehmkuhl president of less-than-truckload carrier Con-way Freight, replacing John Labrie, who left the company in August 2010.
LTL
Trucking News
FedEx Makes Big Gains on Ground
William B. Cassidy |
Strong performances by its package delivery and industrial trucking divisions gave FedEx lift lacking i
Air Cargo Forwarder News
Trucking News
LTL
FedEx Cuts Forecast, Warns of 'Sluggish Growth'
Joseph Bonney |
FedEx’s net profit rose 22 percent to $464 million in its June-August quarter, but the world’s largest air cargo carrier lowered its earnings expectations for the rest of the year, citing
Air Cargo Forwarder News
Trucking News
Air Cargo
LTL
ABF Freight President Kemp to Retire
William B. Cassidy |
Wesley B. Kemp, the president and CEO of ABF Freight System, will retire Dec. 31 after more than 40 years with the less-than-truckload carrier, the company said Wednesday.
LTL
Trucking News
Trucking labor
Schneider Logistics Offers LTL Shippers ‘Shared Ride’
William B. Cassidy |
Schneider Logistics is offering shippers an integrated delivery service that it says can cut transportation costs for certain types of freight 7 to 20 percent.
LTL
Trucking News
ODFL Adds Central Pennsylvania Terminal
William B. Cassidy |
Old Dominion Freight Line extended its $120 million expansion this year into Pennsylvania, opening a terminal in Altoona and hiring 14 employees.
Transport, Trade and Regulation News
Trucking News
LTL
Trucker CTS Emerges From Bankruptcy Protection
William B. Cassidy |
Trucking and logistics company Cargo Transportation Services emerged from bankruptcy last week after reorganizing and attracting a new equity partner.
Truckload
Trucking News
LTL
YRC Worldwide Stock Plummets 77 Percent
William B. Cassidy |
YRC Worldwide’s stock plunged 77 percent Friday to 7 cents a share — its lowest price ever — after shareholders approved the trucking giant’s restructuring.
LTL
Trucking News
YRC Shareholders Approve Restructuring
William B. Cassidy |
YRC Worldwide shareholders overwhelmingly approved the last step in the trucking giant’s financial restructuring plan Friday, voting in favor of an internal merger that launches a massive releas
LTL
Trucking News
YRC Worldwide Says Directors Took Pay Cut
William B. Cassidy |
Trucking giant YRC Worldwide disputed claims that members of its new board of directors will be paid more than members of its last board.
LTL
Trucking News
Trucking labor
UPS Expects Rising Revenue, Profit Through 2016
William B. Cassidy |
UPS will increase revenue 6 to 8 percent annually through 2016 and raise earnings 10 to 15 percent during that period, company executives said Thursday.
Air Cargo Forwarder News
Air Cargo
LTL
Teamster’s Pope Attacks YRC Board Pay Raise
William B. Cassidy |
A Teamster candidate challenging James P. Hoffa took a swing at YRC Worldwide’s board of directors this week, attacking increases in cash retainers for directors.
Trucking labor
Trucking News
LTL
ABF Freight System Expands In Asia
William B. Cassidy |
Trucking company ABF Freight System opened offices in 12 additional Asian nations, expanding its overseas reach from Japan to India.
LTL
Maritime
Trucking News
Saddle Creek Names DelBovo Transport President
Mark Szakonyi |
Saddle Creek promoted Mike DelBovo, a 14-year company veteran, to the new position of president of transportation at the contract logistics operator.
International ports
Trucking News
LTL
Teamsters Sue to Stop US-Mexico Truck Program
William B. Cassidy |
The Teamsters union filed a lawsuit last week in an attempt to block the Obama administration’s plans for a cross-border trucking pilot project with Mexico.
Truckload
Trucking News
Transport, Trade and Regulation News
LTL
Express-1 Shareholders Approve Investment Plan
William B. Cassidy |
The shareholders of Express-1 Expedited Solutions approved a $150 million private equity investment and a change in management and name for the company.
LTL
Trucking News
Truck brokers
Flooded Roads, Bridges Hamper Trucks
JOC Staff |
Many trucks are still unable to make deliveries in New Jersey, Vermont and New York because numerous bridges and road remain washed out after Hurricane Irene battered the region last weekend.
Transport, Trade and Regulation News
Trucking News
Rail News
LTL
Feds Sue ODFL For Disability Discrimination
William B. Cassidy |
The federal government is suing trucking company Old Dominion Freight Line for allegedly discriminating against an alcoholic truck driver.
LTL
Trucking News
Transport, Trade and Regulation News
Trucking Merger Rate Predicted to Slow
William B. Cassidy |
Trucking’s urge to merge will be dented by an uncertain economy and faltering economic growth, slowing the pace of merger and acquisition activity after a year rife with motor carrier buyouts, s
Truckload
Trucking News
LTL
NAFTA Surface Trade Rises 11 Percent
William B. Cassidy |
The dollar value of U.S. surface trade with Canada and Mexico rose 11 percent in June to $77.5 billion, the Bureau of Transportation Statistics said Tuesday.
Transport, Trade and Regulation News
Trucking News
Rail News
LTL
FedEx Freight Expands in Mexico
William B. Cassidy |
FedEx Freight is expanding in Mexico, adding terminals in Toluca, Puebla and Veracruz through its alliance with Mexican carrier Auto Lineas America.
LTL
Trucking News
Panalpina Starts Intra-Asia Truck Network
JOC Staff |
Freight forwarder Panalpina, looking to capitalize on the growing importance of intra-Asia trade
Truckload
Trucking News
LTL
Diesel Prices Rise First Time In Six Weeks
Mark Szakonyi |
Diesel prices across the United States rose 1 cent in the week ending Aug. 29, increasing for the first time in six weeks as oil prices rose on a report of increased consumer spending.
Truckload
Trucking News
LTL
Clean Energy Fuels Gets $150 Million Boost
William B. Cassidy |
Three global investors will pump $150 million into a U.S. company that plans to build a nationwide network of natural gas fueling stations for heavy trucks.
Truckload
Trucking News
LTL
Court Overturns Onboard Truck Recorder Rule
William B. Cassidy |
A federal appeals court overturned a rule that would require certain trucking companies to use electronic onboard recorders to monitor drivers.
Truckload
Trucking News
LTL
Post-Storm Flooding, Road Debris Slows Trucking
William B. Cassidy |
Major trucking companies along the U.S.
Truckload
Trucking News
LTL
UPS Adds 100 All-Electric Vehicles
Mark Szakonyi |
UPS added 100 all-electric delivery vehicles for deployment in California, bolstering its fleet of more than 2,200 alternative fuel vehicles and tripling its electric transport fleet.
Trucking News
Air Cargo
LTL
Averitt Express Adds Warehouse Capacity
Mark Szakonyi |
Averitt Express added 73,150-square-feet of warehouse space in Georgia, North Carolina and Texas, as it joins other less-than-truckload carriers in
LTL
Trucking News
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