USFreightways, parent company of five regional less-than-truckload carriers, plans to link those carriers together to offer a coast-to-coast long-haul service.
Traffic World magazine reports the new service will be called USF Expedited and will be formally announced within the next few weeks. Coast-to-coast service will take four to five days, instead of the seven or eight days it takes for a typical LTL load. Analysts familiar with the plan say the new service will coast about 25% more than USF's standard rates, reports the magazine.
USF expects record net earnings when it reports the results for its second quarter that ended July 3.
Traffic World magazine reports the new service will be called USF Expedited and will be formally announced within the next few weeks. Coast-to-coast service will take four to five days, instead of the seven or eight days it takes for a typical LTL load. Analysts familiar with the plan say the new service will coast about 25% more than USF's standard rates, reports the magazine.
USF expects record net earnings when it reports the results for its second quarter that ended July 3.
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