LTL stocks sag on Q4 updates
Intraquarter updates from a pair of less-than-truckload carriers pushed shares of the group lower on Tuesday.
Intraquarter updates from a pair of less-than-truckload carriers pushed shares of the group lower on Tuesday.
Less-than-truckload carriers continue to take general rate increases even as the overall demand picture remains murky.
ArcBest missed third-quarter expectations and is guiding to more than 500 basis points of less-than-truckload operating ratio degradation in the fourth quarter.
ArcBest sees weak trends in both its asset-based and asset-light segments during the third quarter.
A soft macroeconomic environment has resulted in lighter shipments for ArcBest and a delay in the company’s freight swap.
ArcBest reported second-quarter results on Friday, which came in light of analysts’ expectations.
ABF Freight head Seth Runser has been named president of ArcBest. He will be succeeded by the less-than-truckload carrier’s engineering vice president, Matt Godfrey.
ArcBest missed first-quarter expectations on Tuesday.
Less-than-truckload carrier ABF Freight announced a new five-year collective bargaining agreement has been ratified by its union employees.
Less-than-truckload carrier ABF Freight announced Wednesday that it reached a tentative labor agreement with the Teamsters.
The Teamsters union has authorized a strike at ABF Freight.
Los jefes de los Teamsters prometen “luchar como locos” contra los acuerdos de ABF y TForce
The Teamsters union promises a fight heading into contract renewals with less-than-truckload carriers.
The White House announced $36 billion in bailout money for the Central States Pension Fund that will benefit thousands of less-than-truckload drivers for Yellow and ABF Freight.
Freight all kinds classification lives on in LTL. How well it functions depends on who is asked.
The past week in images features train cars used to fight fires, a wreck caused by a dust storm, a trucker who flipped in floodwaters and more.
Senate-approved emergency pension relief covering Yellow, ABF Freight employees could hit President’s desk this week.
In today’s edition of The Daily Dash, a pension bailout bill that would affect Yellow and ABF Freight drivers could be near in Congress. Plus, XPO posts a record quarter and Uber Freight’s growth continues.
The Teamsters’ Central States Pension Fund could be saved through the COVID-19 relief package.
ABF Freight head Tim Thorne announces his retirement after a 31-year career with the less-than-truckload carrier. ABF’s current VP of linehaul, Seth Runser, will become the carrier’s new president in July.
Majority of comments received so far by FMCSA support changing the law.
ArcBest, Crane Worldwide, Fullen Dock & Warehouse, Grupo TMM, Premier Manufacturing, Southeastern Freight and United Airlines announce promotions and hires.
Even as more states roll back their reopenings as COVID-19 continues to wreak havoc across the country, there is some evidence that the strong freight volumes seen in July are here to stay for a while.
Dooner and The Dude breakdown crazy ABF Freight truck video out of Florida, talk with XPO, how LTL works, more
The safety of all motorists is paramount. An organizaton that is focused on the safety of truckers is Together for Safer Roads. Learn more about its mission and how it works.
“They hit hard. The passenger was knocked unconscious.” ABF driver awarded for helping crash victims during snowstorm.
“I would hope that if it were my kids, that someone would stop and help them.”
Decision could make it easier for employers to make unilateral work-rule changes
Safety, labor advocates register early opposition to rule changes.
ABF Freight, YRC Freight employees affected by pension-saving bill.
ArcBest Corporation (NASDAQ: ARCB) recently finalized a new 5-year contract with the International Brotherhood of Teamsters. The new contract brought “major gains” for members, including vacation restoration, wage increases and health benefit preservation.
The ELD compliance rate continues to inch up among fleets according to the latest survey conducted by CarrierLists.