November 5, 2013
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.
Old Dominion Freight Line Inc. relocated its Albuquerque Service Center to a larger facility. With 43 employees, the newly constructed service center contains 41 doors – a 40% increase from the previous location.
A New York-based trucking company has agreed to pay $325,000 to settle claims that it failed to pay the Massachusetts Department of Environmental Protection fees covering the costs of handling and transporting oil and other hazardous wastes within the state.
Chris Duncan has joined Transport America as vice president - dedicated sales, and Laurie Murphy has been hired as vice president - eastern region.
XPO Logistics, which provides freight brokerage, expedited transportation and logistics services, has announced financial results for the third quarter showing total revenue was $194 million, a 173.3% increase from the same period in 2012.
November 4, 2013
Kentucky-based Paschall Truck Lines President and CEO Randall A. Waller has sold 100% percent of his stock in the company to its employees through an Employee Stock Ownership Plan.
An Illinois man has been sentenced to federal prison and ordered to pay restitution in the to Con-way Freight after pleading guilty to sending threatening communications over the Internet.
New York has set forth more stringent prohibitions on the use of portable electronic devices for commercial driver’s license holders, including prohibiting their use when stopped in traffic
Knight Transportation is keeping up its public campaign to buy rival truckload carrier USA Truck, despite being told the company is not interested in being purchased.
November 3, 2013
John R. “Jack” Congdon, Sr., a longtime member of the board of directors at Old Dominion Freight Line, has died following a battle with cancer. He was 80 years old.
November 1, 2013
TransForce has entered into a definitive agreement to acquire Clarke Transport and Clarke Road Transport, the two subsidiaries of Clarke Inc. Both are Canadian companies.
October 31, 2013
Asset-light transportation and logistics service provider, Roadrunner Transportation Systems, reports third quarter net income increased 34% over the prior year quarter to $13.2 million. Revenue for the period increased 30.1% to nearly $110 million from $83.1 million during the same time.
October 30, 2013
UPDATED--The Teamsters ABF Master Negotiating Committee voted Wednesday that in light of the overwhelming vote against authorizing a strike against ABF Freight, the company's last proposal for the Central Region Local Cartage Agreement would be accepted. As a result, the ABF National Master Freight Agreement is now fully ratified.
The parent to trucking operations Con-way Freight, Con-way Truckload and Menlo Worldwide Logistics, Con-way Inc. has reported 2013 third-quarter net income of $30.6 million, compared to third-quarter 2012 net income of $25.3 million.
New figures from the freight matching service provider, DAT, show spot market load availability fell 5.7% Oct. 20 through 26, compared to the previous seven days.
Multi-regional, less-than-truckload carrier Saia has reported third-quarter revenue of $293 million, an increase of 5.4% from the same time in 2012.
In a vote of 70% to 30%, a majority of Teamsters Union membership covered by the Central Region Local Cartage Supplement has chosen not to authorize a strike at less-than-truckload carrier ABF Freight.
October 28, 2013
Long-haul truckload service provider, Celadon Group reports revenue for the third quarter of this year increased 14.2% to $175.1 million from $153.3 million during the same time in 2012 while net income decreased 20.5% to $6.6 million from $8.3 million during the same time
The Wisconsin-based Roehl will operate the cold storage business as Roehl Cold Storage, and the trucking operation will become a part of Roehl Transport.
Echo Global Logistics has reported record total revenue of $234.8 million for the third quarter of the year, up 21.8% from a year ago while net income increased 15% to $4.4 million.
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