Fleet Management

LTL

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July 28, 2014 - Industry News

ABF Reportedly Considering Move to Memphis, Expansion

Photo courtesy ABF.

While there has been no official word from less-than-truckload carrier ABF Freight or its parent ArcBest Corp., it appears the company has plans for a move and expansion of one of its primary facilities.

Tags: Tennessee, Arkansas, Fleets, ABF, ArcBest Corp., LTL

June 10, 2014 - Industry News

uShip, ShipWorks Team Up for Shipping Oversized and Palletized Items

The services uShip and ShipWorks have teamed up to address what they say is the problem many sellers face when using e-commerce sites when shipping goods that are too large to easily and affordably ship through conventional methods.

Tags: Information Technology, LTL, uShip, Shipping Service, ShipWorks

May 19, 2014 - Industry News

Carriers Forming LTL Network Serving Both Coasts

It will link California, Nevada and Arizona with Pennsylvania, Ohio, New Jersey, Maryland, Virginia, North Carolina, South Carolina and New York.

Tags: LTL, Fleets

May 7, 2014 - Industry News

New Direct LTL Carrier Access for Online Sellers Through uShip-ShipStation Partnership

Online sellers facing the daunting task of shipping oversized and palletized shipments now have a new option due to a new partnership between online freight marketplace uShip and the web-based e-commerce shipping service ShipStation.

Tags: LTL, uShip, Fleets

April 16, 2014 - Industry News

Three Major LTLs Commit to uShip

Online freight marketplace uShip has announced three top national less-than-truckload carriers have committed to uShip’s shipper-direct LTL spot rate marketplace.

Tags: Con-way Freight, Information Technology, Old Dominion Freight Line, LTL, uShip, Fleets, YRC Freight

April 8, 2014 - Industry News

Will ODFL Underprice its LTL Rivals Once Again?

Photo: Deborah Lockridge

The less-than-truckload industry is watching to see what move Old Dominion Freight Lines makes in the annual spring tariff-hike season.

Tags: Old Dominion Freight Line, LTL, Freight Rates

January 17, 2014 - Industry News

Teamsters and YRC Reach New Tentative Agreement Following Failed Vote

The Teamsters Union and YRC Worldwide announced Friday they reached a tentative agreement on a new labor contract, providing a pathway for substantial debt reduction and refinancing initiatives for the parent of several trucking operations.

Tags: Fleets, Teamsters, YRC Worldwide, LTL

December 18, 2013 - Industry News

FedEx Increases Fiscal Second Quarter Profit, Freight Segment Business Up

The FedEx Ground segment reported revenue of $2.85 billion, up 10% from last year and operating income of $424 million, up 3%. Photo: Evan Lockridge

Trucking and parcel delivery provider FedEx has released second quarter fiscal earnings showing gains in both revenue and profit. FedEx is increasing its forecast of full-year earnings per share growth to 8% to 14% above last year's adjusted results.

Tags: Fleets, Earnings, FedEx, Fleet Financials, LTL

December 5, 2013 - Industry News

ABF Closing 30 Terminals

Less-than-truckload carrier ABF Freight System is cutting its number of terminals from 277 to 247. In a “change of operations” filing with the Securities and Exchange Commission, ABF parent company Arkansas Best said it had already eliminated eight facilities in the second half of this year, with the rest still yet to close.

Tags: Fleets, Arkansas Best, Teamsters, ABF, LTL

December 3, 2013 - Industry News

YRC Looking to Wall Street for Dollars to Help Pay Debt

YRC hopes to raise nearly $29 million by selling 3 million shares of stock. Photo by Evan Lockridge

The financially troubled parent company to several fleets, YRC Worldwide, is looking to investors to help it pay off some debt, according to the Journal of Commerce.

Tags: Fleets, Teamsters, YRC Worldwide, LTL

December 3, 2013 - Industry News

ODFL Forecasting Fourth Quarter Tonnage Growth

Less-than-truckload carrier Old Dominion Freight Line on Tuesday updated its expectations for growth in tons per day and revenue per hundredweight for the fourth quarter of this year, saying it now expects a larger increase in tons per day.

Tags: Old Dominion Freight Line, Fleets, Freight, Fleet Financials, LTL

November 12, 2013 - Industry News

Arkansas Best, YRC Report Third-Quarter Results

YRC says it's making changes at YRC Freight. Photo by Evan Lockridge

Two of the industry's large, unionized less-than-truckload carriers announced their third quarter results Tuesday, with the non-asset-based Panther Expedited helping Arkansas Best and problems at YRC Freight weighing down YRC Worldwide.

Tags: Fleet Financials, LTL, Arkansas Best, Teamsters, ABF, YRC Worldwide, YRC Freight

November 5, 2013 - Industry News

YRC Worldwide, Teamsters Set to Meet

Photo: Evan Lockridge

A few years ago, YRC Worldwide was able to stay afloat with the help of union workers agreeing to a series of wage and benefit cuts. YRC's back in the same boat, but this time around, lenders are insisting on changes.

Tags: YRC Worldwide, Teamsters, Fleets, LTL

October 8, 2013 - Industry News

Ballots Sent to Some ABF Teamsters for Strike Vote

Photo: Evan Lockridge

Less-than-truckload carrier ABF has been notified by the Teamsters Union that ballots to authorize a strike are being mailed on Tuesday to nearly 1,800 employees covered by the Central Region Local Cartage supplement.

Tags: LTL, Fleets, Teamsters, ABF

September 26, 2013 - Industry News

Con-way Freight Expands in Texas

Con-way Freight announced a major expansion for central Texas and surrounding communities with plans to build a new, 48-door, 18,870-square-foot freight service center in the city of Robinson.

Tags: Con-way Freight, LTL, Fleets, Con-way Truckload, Texas

July 22, 2013 - Industry News

Two LTL Carriers Announce Rate Hikes of Near 6%

Two carriers serving the less-than-truckload markets have announced general rate hikes.

Tags: Freight Rates, LTL, Fleets

June 17, 2013 - Industry News

Old Dominion to Raise Rates based on Distance, Service

The increased rate provides for a nominal increase in intrastate, interstate and cross-border lane charges. The new rate will also offset the rising costs of new equipment and insurance, while preserving competitive wages and benefits for employees.

Tags: Old Dominion Freight Line, Freight Rates, Fleets, LTL

June 14, 2013 - Industry News

Roadrunner Expanding Service in the Great Plains and Northeast

The asset-light transportation and logistics service provider Roadrunner Transportation Systems is opening service centers in Kansas City, Mo., and Buffalo, N.Y.

Tags: LTL, Fleets, Roadrunner Transportation, Missouri, New York

June 10, 2013 - Industry News

ODFL Revises Upward Second Quarter Expectations

Less-than-truckload carrier Old Dominion expects growth in tonnage per day to increase in a range of 5.0% to 5.5% compared to the second quarter of 2012, versus its previous expectation of an increase in a range of 4.5% to 5.0%.

Tags: Fleet Financials, Old Dominion Freight Line, LTL, Fleets

June 3, 2013 - Industry News

UPS Freight, ABF Increase Rates 5.9%

UPS Freight and ABF announced separately that they will revise their general rates and charges. A general rate increase of 5.9% was announced for non-contractual shipments in the United States, Canada and Mexico. ABF stated that the effect on specific lanes and shipments will vary.

Tags: UPS, ABF, LTL, rates

May 10, 2013 - Industry News

Teamsters Blast YRC, ABF Over Talks

Teamsters Union President James Hoffa Friday had some harsh words for LTL giant YRC Worldwide following news that it tried to purchase competitor Arkansas Best, which owns ABF, calling the move "unconscionable."

Tags: Arkansas Best, Teamsters, YRC Worldwide, ABF, YRC, LTL, Fleets

May 6, 2013 - Industry News

ABF, Teamsters Reach Tentative Agreement

Representatives of the International Brotherhood of Teamsters and the trucking company ABF have reached a tentative contract agreement.

Tags: Arkansas Best, Teamsters, ABF, LTL

May 6, 2013 - Industry News

YRC Reports First Quarter Profit for the First Time in Six Years

For the first time since 2007, YRC Freight reported positive operating income in the first quarter.

YRC Worldwide has done something it hasn’t in quite a while: posted positive first quarter financial numbers.

Tags: Earnings, YRC Worldwide, LTL, Fleet Financials

April 22, 2013 - Industry News

ABF, Teamsters Agree To Contract Extension

ABF and the Teamsters still have a ways to go to come up with a contract both sides can agree on.

The Teamsters Union and Arkansas Best Freight System have agreed to another extension of the current labor contract, as the two sides seem far apart.

Tags: Arkansas Best, Teamsters, LTL, Fleets

April 2, 2013 - Industry News

Teamsters Set To Meet With YRC Over Terminal Closures

Representatives of the Teamsters Union are set to meet on April 19 with officials from YRC Freight to discuss changes to the less-than-truckload carrier’s terminal network.

Tags: YRC, Teamsters, YRC Worldwide, LTL, Fleets

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