ABF Announces Second Quarter 2012 Results

Arkansas Best Corporation today announced second quarter 2012 net income of $11.8 million, or $0.44 per share, on revenue of $511 million, compared with net income of $5.3 million, or $0.20 per share, and revenue of $499 million in the second quarter of 2011.

The second quarter 2012 results included a tax benefit of $8.0 million, or $0.31 per share, related to the reversal of previously

Holland Professional Driver Mike Tobolic Wins Michigan Truck Driving Championship

Professional driver Mike Tobolic placed first in the 5-axle class at the Michigan Truck Driving Championship. He will go on to compete in the 2012 National Truck Driving Championships in Minneapolis, August 7-11.

Tobolic has competed at state driving competitions since 2003, always in the 5-axle class. He also placed first in the Michigan competitions and qualified for nationals in 2004. A

YRC Freight winners to vie at national truck driving championships

YRC Freight, a subsidiary of YRC Worldwide Inc., announced that drivers Philip Garcia and Ron Vanbibber of Salt lake City won division titles at the recent Utah Truck Driving Championships.

Vanbibber was first in the tank truck class and won the title of Grand Champion.

Garcia placed first in the straight truck class.

They will go on to compete at the 2012 National Truck Driving

Holland salutes their state champions

To qualify for the National Truck Driving Championships, drivers must place first in their respective classes at the state competition.

The state and national competitions include driving skills and maneuvering tests, a pre-trip inspection, and a written examination covering vehicle operation and federal safety regulations.

To participate in the state competitions, drivers must be

YRC Worldwide Mobile Handheld Devices to Optimize Delivery Efficiency and Service

YRC Worldwide Inc. today announced that it will be deploying the Intermec CN70e handheld mobile devices to more than 10,000 professional city drivers for YRC Freight, Reddaway and Holland beginning in October. 

Drivers will now be able to maximize productivity, enhance customer service, and optimize pickup and delivery operations. They will be able to more expediently enter shipment

ABF racing ready for the inaugural Indy 250

The No. 30 ABF Chevrolet Impala team will bring chassis TMS-331 to the inaugural Indy 250 at the famed Indianapolis Motor Speedway.

Long time Turner Motorsports partner ABF will again adorn the sides of the No. 30 Chevrolet Impala this weekend in Indianapolis. Established in 1923, ABF is best-in-class for safety, security, technology and freight-handling. InformationWeek, CIO, InfoWorld, and B

UPS 2Q Earnings Per Share Up 7.5%

U.S. Domestic Profit Climbs 12%
Economic Uncertainty Dampens Expectations



UPS announced second quarter 2012 diluted earnings per share of $1.15, a 7.5% improvement over the 2011 adjusted results. U.S. Domestic operating profit expanded $122 million or 12% over the prior-year period. On a reported basis, diluted earnings per share increased 5.5% and U.S. Domestic operating profit rose 14%.

"

S&P Initiates Coverage On YRC Worldwide $400 Million ABL Facility With A ’1′ Recovery Rating

YRC Worldwide Inc. today announced that Standard & Poor’s Ratings Services has initiated coverage on the company’s asset-backed loan facility (the ABL Facility). The ABL Facility received a recovery rating of ’1′, the second highest recovery rating available, and a facility rating of B-. The ABL Facility rating is two notches above the YRC Worldwide corporate credit rating, the highest

YRC Freight moving to smaller Toledo terminal

Transportation firm YRC Freight Inc. is moving from the former Roadway Express truck terminal at 6180 Hagman Rd. in Toledo to the former Yellow Transportation terminal at 4431 South Ave., the company said Monday. It has been trying to sell the Hagman Road terminal for about a year, although a price has not been disclosed.

YRC Freight, formed in 2003 through a merger of Yellow Transit and

ABF Driver Chuck Smetzer Repeats As Maryland Grand Champion

For the second consecutive year, ABF driver Chuck Smetzer has earned the title of Grand Champion in the Maryland Safe Truck Driving Championships, thus becoming Maryland's first repeat Grand Champion.

"Never in the 65-year history of Maryland's Safe Truck Driving Championships has a driver repeated as the Grand Champion, until now," said Craig Talbott, vice president of safety for the

New Penn Professional Drivers Win State Driving Competitions in Rhode Island and Pennsylvania

Two New Penn professional drivers have won top honors for safe-driving skills in the states of Rhode Island and Pennsylvania. Marc Ditomasso placed first in the 4-axle class at the Rhode Island Truck Driving Championships. Rich Walton placed first in the 3-axle class at the Pennsylvania Truck Driving Championships.

Ditomasso and Walton will go on to compete in the 2012 National Truck Driving

YRC Freight Announces 24 Professional Drivers Qualify For The National Truck Driving Championships

YRC Freight, a subsidiary of YRC Worldwide Inc, announced today that 24 of its professional drivers have qualified for the 2012 National Truck Driving Championships. The competition will be held August 7 – 11 at the Minneapolis Convention Center in Minneapolis, MN.

To qualify for the national championships, each driver placed first in his respective class -- one of nine categories -- at their

UPS Freight Increases Rates By An Average 5.9%

Latest US LTL carrier to increase rates

UPS Freight, the fourth largest less-than-truckload carrier in the US, has announced a general rate increase averaging 5.9% covering non-contractual shipments in the US, Canada and Mexico. The rate adjustment takes effect on July 16, 2012, and applies to minimum charge, LTL rates and accessorial charges.

The move follows an announcement, made on 08

John Hodges with UPS Freight Named WV Grand Champion

Professional truck driver John Hodges was named Grand Champion of the West Virginia Trucking Association’s 57th Annual Truck Driving Championship, held Saturday, June 23 in Charleston, association representatives announced.

Hodges, a driver for UPS Freight, took the top honor after competing in variety of skill and safety tests.  This is the third time Hodges has won the Grand Champion Award,

YRC Freight Sets 6.9% Rate Increase

YRC Freight said it is raising its rates 6.9%, following recently announced rate hikes of the same amount by several less-than-truckload competitors.

The rate hike will cover non-contractual shipments in the United States, Canada and Mexico and will become effective July 9.

Domestic Canadian rates will not be adjusted, YRC said in a statement on its website.

FedEx Freight and Con-way

Holland Professional Driver David White Wins Division Title at Ohio Truck Driving Competition

Holland professional driver David White has won a division title, placing first in the tanker class, at the Ohio Truck Driving Championships. He will go on to compete in the 2012 National Truck Driving Championships in Minneapolis, Minn., in August.

White has worked in the transportation industry for 22 years, the last 12 years with Holland. He has 12 years of accident-free driving with