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November 9, 2015 - Industry News

XPO Appoints New President of LTL Business

Tony Brooks Photo courtesy of XPO Logistics

XPO Logistics has appointed Tony Brooks as president of its less-than-truckload business, effective Nov. 11.

Tags: Leadership, LTL, People, Con-Way, XPO Logistics

October 30, 2015 - Industry News

Earnings Watch: Celadon, ODFL, YRC Worldwide, ArcBest, Hub Group

More trucking companies have released their third quarter financial earnings, showing improvements from a year earlier or at least maintaining their ground, despite complaints about the recent freight-hauling environment.

Tags: Celadon Trucking Services, Celadon Group, ABF, YRC Worldwide, YRC Freight, Hub Group, ArcBest Corp., Fleet Earnings, Economy, Old Dominion Freight Line, LTL

September 29, 2015 - Industry News

Operational Costs Rise Despite Falling Fuel Prices

Rising equipment costs and driver wages led to an increase in operational costs in 2014, according to a comprehensive report from the American Transportation Research Institute.

Tags: Operating Costs, LTL, Fuel Costs, ATRI, Truckload, Driver Pay

September 16, 2015 - Industry News

FedEx Reports $692 Million Profit, Increases Rates

Weaker LTL industry demand is prompting FedEx to lower its guidance for the year. (Photo courtesy FedEx.)

FedEx Corp.'s profits in its most recent fiscal quarter increased from a year earlier, but the company lowered expectations for the full year.

Tags: FedEx, FedEx Freight, FedEx Ground, FedEx Express, Fleet Earnings, Economy, LTL

September 9, 2015 - Industry News

XPO Logistics to Buy Con-way in $3 Billion Deal

XPO Logistics announced late Wednesday that it is buying Con-way Inc. in a $3 billion deal that will make XPO the second largest LTL provider in North America and expand its global contract logistics platform.

Tags: 3PL, LTL, Mergers & Acquisitions, Con-way Inc., XPO Logistics

September 8, 2015 - Industry News

Old Dominion Sees Increased LTL Freight in Current Quarter

Photo courtesy ODFL

With about three weeks remaining in the third quarter of the year, the less-than-truckload carrier Old Dominion Freight Line on Tuesday reported increases in the amount of freight it has handled over the previous two months.

Tags: Old Dominion Freight Line, LTL, Tonnage, Less Than Truckload

August 3, 2015 - Industry News

ArcBest Reports $20 Million Profit

With record second-quarter revenue, ArcBest's net income rose to $20 million, or 74 cents per diluted share, from $17.2 million, or 64 cents per diluted share a year earlier.

Tags: Economy, ABF, ArcBest Corp., Fleet Earnings, LTL

June 2, 2015 - Industry News

ODFL Seeing More Tonnage, Updates Expectations

The less-than-truckload carrier Old Dominion Freight Line Inc. on Monday reported a year-over-year increase in tons per day for May of 9.6%, following growth of 9.7% for April.

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

April 29, 2015 - Industry News

Saia Profit Up Despite Lower Revenues

File photo by Evan Lockridge

The mainly less-than-truckload carrier Saia Inc. saw its first quarter profit move higher, according to its earnings report released Wednesday.

Tags: Earnings, Saia, LTL

April 28, 2015 - Industry News

UPS First Quarter Profit Tops $1 Billion

U.S. domestic package first quarter revenue increased 3.8% as daily package volume improved 2.4%. Photo: UPS

Profit for package delivery and trucking giant UPS Inc. increased 12.6% in the first quarter from the same time in 2014.

Tags: UPS, Earnings, UPS Freight, LTL

April 16, 2015 - Industry News

Old Dominion Riding High as LTL Evolves

Photo: Old Dominion Freight Line

How has the less-than-truckload business changed over the past decade? Stifel Transportation & Logistics Research Group decided to explore that topic in a recent note to investors.

Tags: Old Dominion Freight Line, LTL, Stifel Nicolaus

February 9, 2015 - Industry News

Southeastern To Open 4 New Service Centers

Southeastern Freight Lines is expanding its regional LTL business, opening four new services centers in Kentucky and Ohio in response to growing customer need.

Tags: Southeastern Freight Lines, LTL, Freight, Expansion

February 4, 2015 - Industry News

A. Duie Pyle Opens N.J. Logistics Center

The Westampton Logistics Center. Photo via A.Duie Pyle Facebook.

A. Duie Pyle opened a logistics center featuring all of the company's services under one roof. It is located in Westampton, N.J., 25 miles to the northeast of Philadelphia.

Tags: LTL, Logistics, Truckload, A. Duie Pyle

January 9, 2015 - Industry News

Teamsters Lose Another Organizing Vote at Con-way Freight

Truck drivers at the carrier Con-way Freight’s Bakersfield, California, terminal on Thursday voted to reject representation by the Teamsters Union.

Tags: Drivers, Con-way Freight, California, Teamsters, Labor Unions, LTL

December 12, 2014 - Industry News

Old Dominion LTL Expands in Two Locations

Photo via Old Dominion.

Old Dominion Freight Line has expanded its less-than-truckload services in Portland, Ore., and Chattanooga, Tenn. The company opened a brand new facility in Portland and renovated an existing service center in Chattanooga.

Tags: New Facility, Old Dominion Freight Line, LTL, City of Chattanooga, Portland

December 8, 2014 - Industry News

Con-way Freight Employees Vote Down Teamsters at Texas Terminal

Employees at Con-way Freight's Harlingen, Texas, facility voted to reject representation by the Teamsters Union in Friday's election.

Tags: Con-way Freight, Teamsters, LTL

December 1, 2014 - Industry News

C.H. Robinson Purchasing Freightquote.com for $365 Million

Photo: C.H. Robinson Worldwide Facebook page.

The third-party logistics provider C.H. Robinson Worldwide Inc. has reached an agreement to acquire Freightquote.com Inc. for $365 million in cash.

Tags: Intermodal, LTL, Truckload, C.H. Robinson, 3PL, Freightquote.com, Mergers & Acquisitions, Brokers

December 1, 2014 - Industry News

Canada's Mullen Group to Make Second-Biggest Acquisition Ever

Alberta-based trucking company Mullen Group Ltd. says it will pay $172 million cash to buy Winnipeg-based transport company Gardewine Group Limited Partnership.

Tags: Canada, LTL, Mergers & Acquisitions, Oilfield

November 21, 2014 - Industry News

Southeastern Freight Lines Opens Arkansas Service Center

Photo via Southeastern Freight Lines.

Southeastern Freight Lines opened a new service center in Van Buren, Ark., near Fort Smith. The facility was opened in response to growing business in the area.

Tags: Arkansas, Southeastern Freight Lines, Service Center, LTL

November 3, 2014 - Industry News

Roadrunner Transportation Profit Inches Higher

Trucking and logistics provider Roadrunner Transportation Systems reported record revenue and operating income for the third quarter.

Tags: Roadrunner Transportation, Earnings, LTL, Truckload

October 31, 2014 - Industry News

Lynden Transport Opens Service Center in Oklahoma

Lynden Transport opened a service center in Tulsa, Okla., to support its oil and gas customers. The company says the service center will allow it to provide more efficient service and give customers more choices with departures and arrivals.

Tags: City of Tulsa, Oklahoma, LTL, Bakken Oil Fields

October 29, 2014 - Industry News

Hot Line Freight Opens Midwest LTL Terminals

Photo via Hot Line Freight Systems.

Hot Line Freight System is opening two new terminals in Ohio and Illinois will expand shipping opportunities for the surrounding areas bringing less-than-truckload service to the Midwest.

Tags: Ohio, Illinois, LTL, Freight Volume

October 27, 2014 - Industry News

ABF Increasing Rates More Than 5%

The mainly less-than-truckload carrier ABF Freight has announced an increase in general rates and charges effective Nov. 3.

Tags: LTL, ABF, Freight Rates

October 24, 2014 - Industry News

Con-way Freight Rates Heading Higher

Less-than-truckload carrier Con-way Freight said Friday it will implement a general rate increase averaging 4.7% for non-contractual business, effective Oct. 27.

Tags: Con-way Freight, Freight Rates, Con-way Inc., LTL

October 24, 2014 - Industry News

UPS Grows Third Quarter Profit

Higher package volume and growth in distribution and UPS Freight business led UPS Inc. to an upswing in third-quarter earnings compared to a year ago.

Tags: UPS, Earnings, UPS Freight, LTL



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