Selasa, 31 Januari 2012

UPS Delivers Record 4Q Results

UPS today announced fourth quarter 2011 adjusted diluted earnings per share of $1.28, a 21% improvement over the prior-year period. Total revenue increased 6% to $14.2 billion and adjusted operating profit climbed 17% to more than $2 billion.

Last Friday, the company announced a change in pension accounting to a mark-to-market methodology. Adopted in the fourth quarter of 2011 and applied

Senin, 30 Januari 2012

YRC to Exit Next-Day Market

Network redesign concentrates on long-haul freight, reduced handlingYRC Worldwide is proposing changes to its long-haul freight network that will speed shipments and take long-haul carrier YRC out of the next-day freight market.The change of operations, which must be approved by the Teamsters union, would be the most significant step yet in the restructuring of YRC launched last year by CEO James

Jumat, 27 Januari 2012

Arkansas Best Corporation Posts Profit in Fourth Quarter 2011 and Full Year 2011

Arkansas Best Corporation announced fourth quarter 2011 earnings of $0.05 per share, compared to a fourth quarter 2010 loss of $0.12 per share. For full year 2011, Arkansas Best's earnings were $0.23 per share versus a loss of $1.30 per share in 2010. These quarterly results include charges for a supplemental pension settlement of $0.03 per share related to a previously disclosed ABF executive

Rabu, 25 Januari 2012

UPS to Release 4th Quarter Results on Tuesday, Jan. 31, 2012

UPS will announce its fourth quarter results on Tuesday, Jan. 31, 2012, at approximately 7:45 a.m. Eastern Standard Time.

At 8:30 a.m. EST, UPS Chairman and CEO Scott Davis and Chief Financial Officer Kurt Kuehn will conduct an investor conference call. This call will be open to reporters and the public, on a listen-only basis, via a live Webcast.

To listen to the live Webcast: Go to

Senin, 23 Januari 2012


YRCW Teamster members who received stock options from the first and second memoranda of understandings (MOUs) negotiated in late 2008 and mid-year 2009, will receive information from the company about a switch in administrators.YRCW is switching its administrator for the stock option plans to a less costly provider and the change has no impact on the value of the option plan.  In the material the

Rabu, 11 Januari 2012

YRC Worldwide auctioning 62 properties

YRC Worldwide Inc.  has hired Chicago-based NRC Realty & Capital Advisors LLC to coordinate the auction of 62 surplus YRC sites throughout the U.S.Overland Park, Kan.-based trucking company YRC Worldwide has about 560 workers in St. Louis.None of the YRC properties being auctioned are in the St. Louis area. They are primarily in the Midwest and Southwest, but some are in New England, Texas and

Arkansas Best Corporation Announces Its Fourth Quarter 2011 Earnings Conference Call

 Arkansas Best Corporation  will announce its fourth quarter 2011 results, prior to the opening of the market, on Friday, January 27, 2012. 
A conference call with company executives will be held that day at 9:30 a.m. ET (8:30 a.m. CT) to discuss these results. Interested parties are invited to listen by calling (800) 379-4140. Following the call, a recorded playback will be available through the

Sabtu, 07 Januari 2012

YRC, Teamsters to Discuss Operations Changes

New talks could encompass truck terminals, freight handling proceduresYRC, looking to restructure its operations as the trucking operator seeks to rebuild its finances, is preparing for talks with the Teamsters union on a redesign of its freight terminal network and how its union employees handle shipments.The redesign is the next step in a restructuring at the nation’s third-largest

Kamis, 05 Januari 2012

YRC to sell Roadway headquarters, cut as many as 100 Akron jobs and relocate others

Trucking company YRC Worldwide Inc. said Thursday it is selling the former Roadway headquarters in Akron to the developer of the Goodyear headquarters and expects up to 100 people will be losing their jobs in upcoming months.About 100 other YRC Worldwide employees will transfer to office space at company truck terminals in nearby Copley and Richfield, with another 50 offered to relocate to jobs