LTL

When YRC Worldwide’s new board of directors meets for the first time today, job number one will be naming a new CEO. Job number two: a new CFO.

Long-haul less-than-truckload operator YRC National rolled back into the black in the second quarter, reporting an operating profit of $10.6 million.

YRC Worldwide hiked its contract rates about 4 percent in the second quarter as the less-than-truckload carrier hauled more long-haul and regional freight.

YRC Worldwide, in the midst of a restructuring aimed at stabilizing the trucking company's finances, reported a $39 million loss for the second quarter on Friday but said overall revenue grew 12.3 per

James L. Welch is resigning as CEO of Dynamex, leaving the former YRC executive free to rejoin the trucking company in place of retiring chief William D. Zollars.

Averitt Express is shortening transit times between the Southern U.S. and Western Canada with a service that speeds freight across the border over weekends.

YRC Inc., the long-haul subsidiary of YRC Worldwide is hiking its rates 6.9 percent, matching rate hikes announced by many of its

Con-way Freight will hike its tariff rates 6.9 percent Aug. 1, matching general rate increases announced this month by UPS Freight and ABF Freight System.

Total Transportation Services, a Long-Beach, Calif-based port drayage company, plans to buy 100 hydrogen fuel cell plug-in e

FTR Associates’ monthly Shippers Condition Index rose this month, indicating that market influences affectin

For a quick gauge of where truck pricing is headed, check tire prices.

After securing a $400 million asset-based loan, the last remaining step is the sale of $100 million worth of convertible preferred securities to its lenders, a company official said.

YRC Worldwide expects its revenue to rise about $600 million this year to $4.9 billion and to report an operating profit of $4.2 million in the second half.

FedEx will increase capital spending 24 percent over the next year, adding $800 million as it replenishes its fleets with new aircraft, trucks and tractors.

The backlog of Class 8 trucks on order to be built is getting bigger, as demand for new trucks remains strong despite a slowing economy, ACT Research said.

Truckload shipping volumes increased 2 to 3 percent in June from the previous month, with rates rising 4 to 5 percent, according to Longbow Research.

YRC Worldwide expects to draw $255 million from its new $400 million asset-based loan to help repay its existing asset-based loan and set up an escrow account.

The Ceridian-UCLA Pulse of Commerce index pulled out of its two-month slide with a 1 percent increase in June, though it remains lower than it was in March.

A major natural gas company is investing $150 million in a venture that would build 150 liquid natural gas fueling stations for heavy trucks at truck stops nationwide.

Trucking giant YRC Worldwide secured a $400 million asset-based loan facility from its lenders, a key step toward completing its

YRC Worldwide is one step away from completing its financial restructuring by a July 22 deadline, a key official at th

YRC Worldwide named financial executive Christopher C. Wren senior vice president and treasurer of the $4.3 billion trucking enterprise.

The for-hire trucking industry is adding workers to company payrolls while the national unemployment rate continues to rise.

Freight brokers increased their revenue 17.1 percent in the first quarter from the same period a year ago as the third-party logistics companies expanded fastest in business beyond their cor

ABF Freight System won an important victory in its challenge to wage and benefits concessions the Teamsters union granted YRC Worldwide and its subsidiaries.

Trucking company ABF Freight System will raise general less-than-truckload rates 6.9 percent July 25, the company said Wednesday.

UPS Freight’s Aug. 1 rate hike is likely to set off a round of early general rate increases in the less-than-truckload market, key financial analysts said.

The U.S.

UPS Freight will take a 6.9 percent general rate hike Aug. 1, a move that could signal a stronger across-the-board increases in less-than-truckload pricing.

Baird Equity Research is dropping its coverage of YRC Worldwide, as the trucking giant heads toward a financia

YRC Worldwide’s stock took a wild ride on Wall Street this week, almost tripling in value on Monday on sudden and unexplained trading before apparent short-selling sent shares falling back more

Smaller shippers plan to increase transportation spending this year despite economic uncertainty, according to a customer survey conducted by Saia.

The decline in truck tonnage accelerated in May, as the seasonally adjusted for-hire truck tonnage index dropped 2.3 percent

Federal truck safety penalties against motor carriers jumped 23 percent in 2010, according to data from the Federal Motor Carrier Safety Administration.

The Los Angeles-Long Beach clean-trucks programs are nearing the end of their first phase, and despite many controversies, the initiatives exceeded all expectations and have set new standards for redu

No one, it seems, is happy with less-than-truckload pricing.

The American Trucking Associations hailed the release of oil from the Strategic Petroleum Reserve but urged the White House to expand offshore drilling.

FedEx Freight returned to profitability in its last quarter after completing the merger of its long-haul and regional less-than-truckload operations.

FedEx increased revenue 12 percent in the quarter and 13 percent in the fiscal year that ended May 31, reporting total annual revenue of $39.3 billion.

Logistics and supply chain management solutions company Ryder Systems received three anti-terrorism certifications this week for its logistics operations in the Asia and trans-Pacific regions.