Rabu, 28 September 2011

Nine ABF Freight-Handling Professionals Selected for the 2012 Load Team

ABF has selected nine freight-handling professionals for the 2012 Load Team, an elite group of freight-handling professionals from across ABF’s North American network. The Load Team members and their customer service centers are: Dwayne Cannon – Atlanta, Ga.Detric Cathey – Little Rock, Ark.Jon Donahey – Dayton, Ohio Kim Hodgin – Winston-Salem, N.C.Tony Olson – Kansas City, Mo.

Selasa, 27 September 2011

YRC Worldwide Announces Changes to Its Corporate Organizational Structure

Jeff Rogers Named YRC President; Mike Naatz Named Holland PresidentYRC Worldwide Inc. today announced the appointments of Jeff Rogers as YRC president and Mike Naatz as Holland president. Both will report directly to James Welch, CEO of YRC Worldwide. The company also announced additional changes to its corporate organizational structure with the elimination of the following positions: Chief

Jumat, 23 September 2011

The demonstrated danger of cross-border trucking

New evidence suggests that the U.S. Department of Transportation is fully aware of the dangers inherent in opening our border to unsafe Mexican trucks.The Teamsters union has long warned that opening the border to Mexican trucks endangers America’s highway safety and threatens U.S. warehouse and trucking jobs. We’ve been making that argument during the 17 years since the North American Free Trade

Rabu, 21 September 2011

ABF President and CEO Wesley B. Kemp to Retire; Roy M. Slagle Named His Successor

Arkansas Best Corporation today announced that Wesley B. Kemp, current President and Chief Executive Officer of its largest subsidiary, ABF Freight System, Inc., will retire on December 31, 2011. Roy M. Slagle, ABF's current Senior Vice President of Sales and Marketing, will become ABF's President and Chief Executive Officer, effective January 1, 2012.Mr. Kemp, who is 65 years old, has served as

Selasa, 20 September 2011

YRC Worldwide Announces Results of Special Stockholder Meeting

YRC Worldwide Inc. announced today that a Special Meeting of Stockholders of YRC Worldwide was held on September 16th, 2011. At the meeting, stockholders of YRC Worldwide approved the merger agreement between YRC Worldwide and a recently formed wholly-owned subsidiary, YRC Merger Sub, Inc., whereby YRC Worldwide is the surviving corporation of the merger. In connection with the merger, the

Minggu, 18 September 2011

FINAL STEP IN YRCW RESTRUCTURING APPROVED

Today, YRCW held a special meeting of its shareholders to approve the final step in its restructuring. When the restructuring transaction closed on July 22, 2011, it required a merger of corporate entities in the fall to complete the restructuring. In the shareholder vote, 99 percent of all shares voted to approve the merger. In concert with this approval, all preferred shares issued in

YRC says its directors actually are taking pay cuts

YRC Worldwide Inc. wants to set the record straight about the compensation it’s providing to its board of directors.A couple weeks ago, I reported about a securities filing from the Overland Park-based trucking company detailing pay for its new board, which took over in the summer after YRC completed its financial restructuring.The story noted that YRC planned to pay its directors a cash retainer

Rabu, 14 September 2011

TEAMSTERS SUE TO BLOCK U.S. DOT FROM OPENING BORDER TO UNSAFE MEXICAN TRUCKS

U.S. DOT Plans To Start Pilot Program Within Next Few MonthsThe Teamsters have filed suit to block the U.S. Department of Transportation from opening the U.S. border to Mexican trucks through an illegal pilot program.The International Brotherhood of Teamsters and Public Citizen challenged the program in the 9th Circuit Court of Appeals in San Francisco. The suit, filed last week, claims the

YRC Worldwide Recognized on 2011 InformationWeek 500 List of Leading Technology Innovators

YRC Worldwide Inc. today announced that it has been named to the 2011 InformationWeek 500, an annual listing of the nation's most innovative users of business technology. The 2011 list was revealed last night at the awards ceremony at the exclusive InformationWeek 500 Conference held in Dana Point, CA.As part of the survey for the ranking, InformationWeek evaluated the YRC Remodeling the

Senin, 12 September 2011

ABF Celebrates Excellence During National Truck Driver Appreciation Week

ABF is celebrating National Truck Driver Appreciation Week, September 11-17, 2011, with a system-wide campaign commemorating excellence in transportation. Called, "Setting the Bar," the campaign underscores the fundamental role of transportation industry employees in building and sustaining economic growth."There is something to be said for setting the bar high," said ABF President and Chief