February 5, 2016 - Industry News
Saia Inc. saw its fourth quarter profit decline to $11.4 million, or 45 cents per diluted share, from $13.6 million, or 53 cents per diluted share a year earlier, beating analysts' estimates.
Tags: LTL, Saia, Fleet Earnings
January 29, 2016 - Industry News
XPO Logistics has eliminated about 190 non-sales positions in its less-than-truckload business, which it acquired when the company bought Con-way Inc. last year.
Tags: Layoffs, LTL, Con-way Inc., XPO Logistics
January 5, 2016 - Industry News
CORRECTED -- Land-Air Express of New England may reopen this week after being placed out of service by the Federal Motor Carrier Safety Administration on Dec. 29. The out of service order apparently resulted from an unsatisfactory audit in early November. As of Tuesday, the less-than-truckload company was awaiting the go-ahead to resume operations.
Tags: FMCSA, LTL, Out of Service, Land-Air Express
November 9, 2015 - Industry News
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
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, Economy, Old Dominion Freight Line, ArcBest Corp., Fleet Earnings, LTL
September 29, 2015 - Industry News
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 Corp.'s profits in its most recent fiscal quarter increased from a year earlier, but the company lowered expectations for the full year.
Tags: Economy, FedEx, FedEx Freight, FedEx Ground, FedEx Express, Fleet Earnings, LTL
September 9, 2015 - Industry News
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
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
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
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
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
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
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 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 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
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 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
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
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
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 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
The Teamsters Union chalked up its second win at FedEx Freight when a group of 113 drivers at the company’s South Brunswick, N.J., terminal voted Friday to join Teamsters Local 701.
Tags: Drivers, Con-way Freight, Pennsylvania, Teamsters, Labor Unions, FedEx, FedEx Freight, LTL
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 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
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