Selasa, 29 Juni 2010

U-Pack Introduces Discount Moving Rates for Select Locations

National moving service ABF U-Pack Moving introduces significant summer moving discounts for consumers moving from select areas across the United States. ABF U-Pack Moving introduces special summer discount moving prices for customers moving from select U.S. cities, regardless of the customer’s final destination. U-Pack is offering cheap moving options and moving discounts to help customers

Jumat, 25 Juni 2010


Meetings have begun of the two joint labor-management committees set up to address the YRC Worldwide Inc. companies’ re-entry into Teamster pension funds in January 2011 and ways to enhance the companies’ competitiveness in the freight industry.The committees held kickoff meetings on June 8 and 9, where they established ground rules for the talks. More meetings were scheduled June 22 and 23.YRCW


Approximately 850 former Teamster employees of Consolidated Freightways (CF) have un-cashed or undeliverable payments due to them stemming from the 2002 CF bankruptcy, and time is running out for them to collect their money.The vast majority of the 14,000 affected Teamster CF employees have received money from the 2002 bankruptcy, but the union has been unable to locate approximately 850 former

YRC Worldwide Announces Definitive Agreement for Austin Ventures to Acquire YRC Logistics

YRC Worldwide continues to benefit from global logistics services through partnership with new companyYRC Worldwide Inc. today announced it has entered into a definitive agreement to sell a portion of its YRC Logistics business to Austin Ventures, a strategic private equity investor. This logistics business will operate as a private company owned by Austin Ventures. The sale will form the basis

Selasa, 22 Juni 2010

2010 North Carolina Truck Driving Champion

David Turnipseed, of Kernersville, was named the best professional truck driver in North Carolina after winning the three axle competition and receiving the highest overall score in the nine competing categories at the 2010 North Carolina Truck Driving Championships. The annual event is sponsored by the North Carolina Trucking Association.Turnipseed, who drives for Con-way Freight, now qualifies

2010 Mississippi Truck Driving Champion Announced

John Smith, Jr. was named the best professional truck driver in Mississippi after winning the flatbed competition and receiving the highest overall score in the nine competing categories at the 2010 Mississippi Truck Driving Championships. The annual event is sponsored by the Mississippi Trucking Association.Smith, who drives for FedEx Ground, now qualifies to compete in the American Trucking

Idaho Driving Champion Crowned

Eight Drivers Continue on to National CompetitionPaul Unser was named the best professional truck driver in Idaho after winning the Straight Truck competition and receiving the highest overall score in the eight competing categories at the 2010 Idaho Truck Driving Championships. The annual event is sponsored by Idaho Trucking Association.Unser, who drives for YRC, now qualifies to compete in the

W.Va. truck drivers honored for skill, safety

Larry Gorby of Lake, Logan County, was named grand champion of the West Virginia Trucking Association's Truck Driving Championship.Gorby is a professional driver for Con-way Freight in Belle. He took the top honor after competing in a variety of skill and safety tests.Nearly 50 professional truck drivers representing more than a dozen West Virginia-based motor freight companies participated in

Selasa, 15 Juni 2010

YRC freight improves, cash burn continues

YRC Worldwide Inc. said that June freight volume is surpassing that of last month and that the company still should report an adjusted profit in the second quarter.But the Overland Park, Kan.-based trucking and logistics company also said Monday that its day-to-day operations were continuing to burn through cash and that it was taking steps to boost liquidity. Full Story.....

Senin, 14 Juni 2010

Aikman named ABF chief of marketing

ABF Freight System, Inc. named Russ Aikman as director of marketing and public relations, the company announced today in a release.Aikman replaces Danny Loe, who recently became ABF's vice president of yield management.Aikman, an 11-year veteran of ABF, will be responsible for market strategy, new product development, Internet and intranet initiatives, advertising and public relations, the

YRC cites good volume, but also liquidity pressure

U.S. trucker YRC Worldwide said on Monday that business volumes were increasing in June after better-than-expected gains in shipping volume in May, but the company was facing liquidity pressure amid the revived growth in its business.YRC, which narrowly averted a bankruptcy filing in December and has been undertaking a broad restructuring of operations and its finances, said it expects to achieve

Selasa, 08 Juni 2010

Arkansas Best Corporation to Appear at the Bank of America Merrill Lynch Global Transportation Conference

Arkansas Best Corporation will appear at the Bank of America Merrill Lynch Global Transportation Conference in New York City on Tuesday, June 15, from 10:55 a.m. until 11:30 a.m. ET. Judy R. McReynolds, President and Chief Executive Officer will make a company presentation. The live program will be webcast (in a listen-only mode) and an archive will be available following the presentation.To

YRC Worldwide is Among the Companies in the Trucking Industry With the Highest Level of Efficiency

Below are the top five most-efficient companies in the Trucking industry as ranked by Revenue Per Employee (RPE). Analysts use RPE as a measure to compare the productivity of companies in the same industry.YRC Worldwide (NASDAQ:YRCW) ranks first with an RPE of $2.03M; Landstar System (NASDAQ:LSTR) ranks second with an RPE of $1.53M; and Universal Truckload Services (NASDAQ:UACL) ranks third with

Kamis, 03 Juni 2010

Goldman resigns as Teamsters Central States fiduciary

Goldman Sachs Asset Management resigned as a named fiduciary of the $19.8 billion Central States, Southeast & Southwest Areas Pension Fund, Rosemont, Ill.The pension fund plans to transfer the 30% of plan assets that Goldman Sachs controlled to Northern Trust Global Advisors, the fund’s other named fiduciary, then move 10% of the plan’s assets to passively managed index funds, according to a