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NewsJanuary 29, 2016

XPO Logistics Cuts 190 Jobs From its LTL Business

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.

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Newsby Deborah LockridgeJanuary 5, 2016

Land-Air Express of New England Put Out of Service by FMCSA

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.

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NewsNovember 9, 2015

XPO Appoints New President of LTL Business

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

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Newsby Evan LockridgeOctober 30, 2015

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.

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NewsSeptember 29, 2015

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.

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Newsby Evan LockridgeSeptember 16, 2015

FedEx Reports $692 Million Profit, Increases Rates

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

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NewsSeptember 9, 2015

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.

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NewsSeptember 8, 2015

Old Dominion Sees Increased LTL Freight in Current Quarter

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.

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Newsby Evan LockridgeAugust 3, 2015

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.

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NewsJune 2, 2015

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.

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