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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.
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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.
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The parent of the less-than-truckload operation, Con-way Freight, recently provided an update on first quarter trends of this part of its business, ahead of it releasing first quarter financial results the first of May while competitor Old Dominion Freight Line did the same just before a freight transportation summit in Chicago last week.
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The latest plan by nationwide less-than-truckload carrier YRC Freight to improve its financial and operational picture has been slowed.
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The parent of trucking companies YRC Freight and others, YRC Worldwide, has posted its first positive yearly numbers in six years, but things overall still need improvement in order to forget the company coming close to bankruptcy more than once in recent years.
Read More →Arkansas Best Corp. reports fourth-quarter and full-year losses, but says Teamsters negotiations will help cut costs, and new non-asset-based businesses will help the bottom line.
Read More →This former owner-operator, a 2006 HDT Truck Fleet Innovator, is constantly re-inventing typical trucking practices.
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