Trucking revenue broke records in 2021, riding on a wave of mergers and acquisitions as well as swelling rates and unrelenting demand, and analysts forecast that 2022 will continue the positive trend.
UPS Freight news and analysis. Get the latest news about UPS Freight and the trucking industry.
17 Jun 2014
The shift toward greater use of dimensional pricing in U.S. transportation is gaining momentum. UPS plans to start using dimensional weight to price ground shipments starting Dec. 29, a few days before FedEx Ground makes the shift Jan. 1.
06 Jun 2014
David Abney will face his first big test as CEO of UPS in December, when the largest U.S. transportation company must avoid a repeat of last year’s holiday shipping debacle.
30 May 2014
After five years of economic growth, less-than-truckload carriers are making progress toward rebuilding their profitability, a review of LTL carrier operating ratios shows.
16 May 2014
The first quarter was warmer for trucking than you might think — at least financially.
25 Apr 2014
Severe winter weather may have kept many consumers from shopping at stores in the first quarter, but it didn’t freeze their computer keyboards.
17 Mar 2014
UPS will raise its less-than-truckload general base rates an average of 4.4 percent March 31...
30 Jan 2014
Less-than-truckload carrier UPS Freight increased revenue 5.3 percent in 2013 and 2.3 percent in the fourth quarter, thanks to volume and price gains.
30 Jan 2014
The largest U.S. transportation and logistics company increased its profit dramatically in 2013, though holiday delivery disruptions took a bite out of fourth-quarter earnings.
13 Jan 2014
UPS Freight Teamsters approved a new five-year contract last weekend that raises wages but gives the LTL carrier some flexibility to subcontract line-haul work.
03 Jan 2014
Trucking companies such as NEMF and UPS Freight closed terminals in the path of Winter Storm Hercules, but prepared to move freight quickly once the blizzard passed and roads and businesses reopened.
19 Dec 2013
The International Brotherhood of Teamsters’ union members at UPS Freight are set to vote next month on the less-than-truckload unit’s amended five-year contract proposal.
30 Oct 2013
The third part of a special program on Overnite Transportation founder J. Harwood Cochrane, 100 years old, and the rise of the trucking industry.
25 Oct 2013
UPS today reported its revenue in the third quarter of 2013 was $13.5 billion, up 3.4 percent year-over-year, driven primarily by U.S. e-commerce shipments and strong European export growth.
23 Sep 2013
The second part of a special program on Overnite Transportation founder J. Harwood Cochrane, 100 years old, and the rise of the trucking industry.
28 Aug 2013
JOC Senior Editor William B. Cassidy meets with Overnite Transportation founder J. Harwood Cochrane and UPS Freight President Jack Holmes to talk about Cochrane’s life in trucking.
21 Aug 2013
J. Harwood Cochrane, 100, founder of Overnite Transportation, and Jack Holmes, president of UPS Freight, discuss less-than-truckload’s origins and the trucking industry's multimodal future.
09 Aug 2013
UPS Freight will open a facility in Indianapolis on Monday, Aug. 12.
23 Jul 2013
UPS today reported its operating profit in the second quarter of 2013 was $1.74 billion, sliding from $1.79 billion in the second quarter of 2012.
12 Jul 2013
UPS has lowered its expectations for revenue and operating profit for the second quarter of 2013 and for the full year of 2013.
08 Jul 2013
JOC Senior Editor William B. Cassidy interviews Jack Holmes, president of UPS Freight, and hears his views on consolidation in the less-than-truckload industry.
08 Jul 2013
Although further consolidation might benefit some less-than-truckload motor carriers — YRC Freight, for example — mergers are no panacea for the challenges facing LTL trucking. There may be smarter routes to growth that trucking companies, along with shippers and logistics partners, should explore.
29 Jun 2013
UPS and the International Brotherhood of Teamsters extended their existing contract and supplements as they prepare for talks over several supplements rejected by union members.
26 Jun 2013
UPS has a new national master package contract, but Teamsters in many regions threw up roadblocks by voting down key supplemental agreements and a UPS Freight contract, forcing a new round of negotiations.
26 Jun 2013
UPS has confirmed that members of the International Brotherhood of Teamsters have approved a national master contract, which covers about 235,000 full- and part-time employees in various divisions. The contract was set to expire on July 31, , and contract coverage has now been extended through July 31, 2018. the agreement covering UPS Freight employees represented by the International Brotherhood of Teamsters and some local agreements will require additional negotiation.
25 Jun 2013
The International Brotherhood of Teamsters’ union members at UPS Freight, UPS’s less-than-truckload unit, have voted to reject a five-year contract proposal that was already approved by the company and union leadership.
12 Jun 2013
Con-way Freight will raise its less-than-truckload base rates 5.9 percent on average June 24, along with minimum charges and accessorial fees.
10 Jun 2013
The latest round of general rate increases points to higher contractual pricing to come as LTL carriers seek to regain lost pricing levels.
10 Jun 2013
FedEx Freight will raise its general tariff rates 4.5 percent on average July 1, following a route blazed by UPS Freight and ABF Freight System in May and June.
31 May 2013
UPS Freight today announced a general rate increase of 5.9 percent for non-contractual shipments in the United States, Canada and Mexico.
26 Apr 2013
UPS and the International Brotherhood of Teamsters have reached a tentative agreement on two new five-year contracts for package and freight workers.
11 Mar 2013
The 10 less-than-truckload carriers with more than $1 billion in annual revenue increased combined sales 4.3 percent in 2012 to $23.2 billion.
15 Feb 2013
Less-than-truckload carrier UPS Freight says it will expand its full truckload business in 2013 as changing shipping patterns and tight capacity at traditional truckload operators spur intermodal and intramodal shift.
31 Jan 2013
UPS reported a net loss of $1.7 billion in the fourth quarter of 2012, falling $2.5 billion from a profit of $725 million in the fourth quarter of 2011.
10 Jan 2013
The Teamsters union and ABF Freight System are back at the bargaining table. Negotiations on a new multiyear contract resumed Jan. 8 and will continue through next week, the union said in a notice published on its Web site.
04 Jan 2013
From labor battles to natural disasters, 2012 was filled with risk for shippers and the companies moving and managing their cargo. Here are the stories that defined the year.