LTL

YRC Worldwide is lowering the bar for its debt-for-equity swap with bondholders, dropping the participation requirement for certain bondholders from 95 percent to 70 percent for notes that come due in

YRC Worldwide's banking group came to the troubled carrier's rescue today, extending its credit agreement until Jan.

YRC Worldwide, trying to extend the clock on its bid to avoid bankruptcy protection, pushed back its deadline for a debt-for-equity swap by another two days on Wednesday.

For the second time in a week, YRC Worldwide faces a midnight deadline for a critical part of its plan to avoid bankruptcy.

Roadrunner Transportation Services is connecting its Midwest markets with the West Coast by acquiring Bullet Freight Systems and its logistics unit, Caliber Logistics.

Already low less-than-truckload rates are falling further as truckers become “incrementally more aggressive," Longbow Research says.

YRC Worldwide faces a fresh challenge from the federal government, which filed a third lawsuit claiming the company's nationwide less-than-truckload carrier, YRC, discriminated against black employees

YRC Worldwide is edging closer to bankruptcy as it struggles to save a debt-equity swap with bondholders and stabilize its finances.

With the global recession pummeling truck traffic, the California Air Resources Board will give motor carriers in the state more flexibility in complying with standards designed to reduce diesel pollu

YRC Worldwide Teamsters in Chicago again rejected wage and benefit cuts approved by the most of the unionized employees at the troubled less-than-truckload company.

YRC Worldwide extended the deadline for the trucking giant’s high-stakes debt-for-equity exchange offer for bondholders Wednesday after it failed to get enough support to put the plan into effec

The NASDAQ stock exchange gave YRC Worldwide a green light to issue millions of shares of new stock without first getting approval from its shareholders.

Dow Jones will drop YRC Worldwide from its index of transportation stocks as the country’s largest trucker faces a deadline today on a major measure aimed at stabilizing the company’s fina

Trucking bankruptcies are beginning to climb again, putting upward pressure on rates just as shippers prepare contracts for bidding in the first quarter of 2010.

FedEx scaled up its earnings projections sharply on Monday, saying it is seeing a steady increase in international express shipping demand and new strength in its domestic ground parcel service.

UPS Freight is ramping up operations in Canada, hiring a former YRC Reimer executive to lead its sales efforts.

FedEx will raise list prices for its ground parcel service an average 4.9 percent in 2010, matching the rate increase announced by competitor UPS.

YRC Worldwide is "very confident" it will complete a debt-to-equity swap that would wipe more than $500 million in debt from its books in return for 95 percent of the trucking operator's com

A Wall Street transportation analyst said market conditions are throwing serious doubt on whether YRC Worldwide’s proposed debt-for-equity exchange can win a vote by bondholders Dec.

YRC Worldwide sold the dedicated contract carriage piece of its logistics business to Greatwide Logistics Services yesterday for $34 million.

Truck tonnage declined in October, but it was the smallest drop in 2009, said the American Trucking Associations.

FedEx Ground, the small-package ground delivery unit of FedEx, this week opened a distribution facility in Medley, Fla.

The trucking industry is still mired in the recession and likely won’t pull out until some time next year, according to a widely accepted index of conditions in the market.

The International Brotherhood of Teamsters said no talks are under way with ABF Freight System that would result in concessions for its members.

Trucking companies that are surviving in today's treacherous economic environment will be well positioned to prosper when traffic begins to rebound next year, according to carrier and shipper executiv

Trucking company A. Duie Pyle is expanding its warehousing operations, opening a 243,000-square-foot warehouse in Westfield, Mass.

Anaheim, Calif. --

FedEx Freight, the less-than-truckload division of FedEx, agreed to a partnership with Vision Industries to test a tractor powered by the hydrogen/electric hybrid Tyrano drive train.

Intermodal marketing companies, middleman firms that arrange either all-highway or combined rail-truck shipments for clients such as factories or retail stores, used trains for a greater share of thei

Shippers and carriers expect there will be sufficient capacity in the domestic transportation system to handle the modest growth in traffic that will occur in the coming year, but eventually there wil

Smaller logistics operators and freight brokers outperformed their larger counterparts in the third quarter, but a less-than-robust recovery is squeezing profit margins at all 3PLs, said the Transport

To fully equip a Bronx, N.Y., station as the company’s first all-hybrid facility, FedEx Express ordered 51 new hybrid vehicles from Azure Dynamics.

Old Dominion Freight Line will speed service through its Northwest gateway into Canada starting Nov. 9, connecting more than 65 Old Dominion service centers to Edmonton and Calgary, Canada.

National Refrigerated Trucking, a truckload and less-than-truckload refrigerated trucking company, opened a new LTL lane to Georgia and Florida.

The United States Bankruptcy Court for the District of Delaware approved Nov. 3 the sale of time definite regional carrier Velocity Express to private investor Comvest Investment Partners.

Less-than-truckload carrier Con-way says it moved toward "more aggressive" price discounting in the third quarter than it normally uses and started hiring back workers to cope with tonnage g

YRC Worldwide stock tanked on Wall Street this week as the company launched a debt-for-equity exchange one analyst compared to a “controlled bankruptcy.”

William J. Logue, a veteran FedEx Express executive, will become president of FedEx Freight, the express giant’s $4.6 billion trucking arm, Dec. 1.

YRC Worldwide will launch a debt-for-equity exchange offer this week that could wipe more than $500 million in debt from the financially-troubled trucker's books.

An Internal Revenue Service decision to reverse a previous assessment that FedEx had misclassified some package delivery drivers marks a strong victory for the carrier and its use of independent contr