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Author Topic: Industry News - LTL Only  (Read 84358 times)

Jimmy B

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Industry News - LTL Only
« on: January 24, 2011, 11:26:21 PM »
Since some members have started posting LTL trucking news, thought I'd start this thread for ALL of the news that folks would like to post on the LTL segment of the trucking industry. If folks are in agreement please use this thread for the news, maybe Rob can pin it to the top.

From Fleet Owner magazine:

Con-way Freight adds adjustable load- protection system fleet-wide
Jan 24, 2011 12:45 PM


To better secure less-than-truckload (LTL) cargo, Con-way Freight has installed the SafeStack cargo-loading system across its fleet of 16,800 trailers in North America. SafeStack is an adjustable decking and bracing System that is said to eliminate double-stacking while bracing each shipment to prevent in-transit shifting...

The rest of the article can be found here: http://fleetowner.com/management/news/con-way-freight-adjustable-load-0124/

Con-way Freight video on the system:

http://videos.fleetowner.com/video/Con-way-Freight-Introduces-Safe

Jimmy B

Hank's Truck Forum

Industry News - LTL Only
« on: January 24, 2011, 11:26:21 PM »

Boll Weevil

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Jimmy B

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Re: Industry News - LTL Only
« Reply #2 on: January 30, 2011, 06:08:40 PM »
January 13, 2011Two YRC Worldwide Drivers Named to America's Road Team


OVERLAND PARK, Kan., Jan. 13, 2011 /PRNewswire/ -- YRC Worldwide Inc. (Nasdaq: YRCW) announced today that professional drivers Alphonso Lewis and Randy Briggs have been selected to serve as America's Road Team Captains by the American Trucking Associations (ATA).

For the next two years, Lewis and Briggs will serve alongside colleagues from other transportation providers as members of America's Road Team, a select group of 18 professional drivers with superior safety records.

America's Road Team members participate in speaking engagements, media events and drivers' education classes on behalf of the industry. These professional drivers will address transportation issues and answer questions about the trucking industry and its commitment to highway safety. America's Road Team was created in 1986 to represent the trucking industry and is sponsored by Volvo Trucks North America.

"We are extremely proud of Alphonso and Randy," said Mike Smid, president-YRC Inc. and chief operations officer, YRC Worldwide. "They are outstanding leaders and professionals, committed to safety and dedicated to serving our customers. We are honored to have them represent our company and our industry as captains on America's Road Team."

Alphonso Lewis, a YRC driver based in Montgomery, Ala., took his place among the driving elite in 2007, placing first in the National Truck Driving Championships and being named Grand Champion. Lewis also placed first in the Alabama Truck Driving Championships five times, and earned the title of State Grand Champion in 2005. As a participant in the Professional Freight Handlers Championships, he earned the District Championship four times and was National Champion in 2001. Lewis is a member of his local terminal's Injury Prevention Council.

Randy Briggs, a YRC driver based in Salt Lake City, was the 2009 Utah State Champion in the Straight Truck class of the National Truck Driving Championships. He was the first-place winner of the regional Professional Freight Handlers Competition in 2007. Briggs is active in his community, working with the Primary Children's Medical Center's Festival of Trees and Scouting for Food.

This new America's Road Team will serve through December 2012. Also participating in the selection process for the 2011-2012 America's Road Team were YRC drivers Julian Alexander of Chicago Heights, Ill., and J.C. Miller of Kernersville, N.C.

The Road Team Captains will share safe driving tips and offer motorists advice on how to safely share the road with commercial vehicles. They also will have the opportunity to speak on trucking and safety concerns at the state and federal government levels.

YRCW Press Release.

Jimmy B

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Re: Industry News - LTL Only
« Reply #3 on: January 31, 2011, 12:07:04 PM »
The tidbit below is from Transport Topics, there was a link to the article, but it's premium content and unless a person subscribes the link doesn't work.

FedEx Freight to Use Rail Intermodal for First Time, Shifting From Trucks.
  
FedEx Freight, the second-largest less-than-truckload carrier in the nation, said it plans to use rail intermodal service for the first time as part of new “economy” freight service, beginning Jan. 31.

For more information and discussion, vist this thread: http://hankstruckforum.com/htforum/index.php?topic=50053.0

Jimmy B
« Last Edit: January 31, 2011, 11:22:14 PM by Jimmy B »

Jimmy B

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Re: Industry News - LTL Only
« Reply #4 on: February 02, 2011, 03:05:45 PM »
Transport Topics
Updated: 02/02/2011

  
ODFL’s Profit Jumps for 4Q, Year

Old Dominion Freight Line’s fourth-quarter profit more than doubled on higher tonnage, the less-than-truckload carrier said Wednesday.

Article: http://www.ttnews.com/articles/basetemplate.aspx?storyid=26036&utm_source=express&utm_medium=newsletter&utm_campaign=newsletter

ODFL Press Release on 4Q 2010 results (PDF): http://www.odfl.com/news/2011_news/2011.02.02.Q410Results.pdf
« Last Edit: February 02, 2011, 03:35:38 PM by Jimmy B »

Jimmy B

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Re: Industry News - LTL Only
« Reply #5 on: February 05, 2011, 10:21:42 PM »
YRC Worldwide Reports Year-over-Year Improvement in Fourth Quarter Operating Results

Positive Net Cash Flow from Operating Activities
Feb. 4, 2011 (PR Newswire) --

OVERLAND PARK, Kan., Feb. 4, 2011 /PRNewswire/ -- YRC Worldwide Inc. (Nasdaq: YRCW) today reported net income of $23 million and $0.49 earnings per share for the fourth quarter of 2010, including a $52 million benefit from an income tax settlement.  For the full year 2010, the company reported a net loss of $322 million and an $8.13 loss per share.  As a comparison, the company reported net earnings of $120 million in the fourth quarter of 2009, including a $177 million after-tax gain on debt redemption, and for the full year 2009 reported a net loss of $622 million.

The rest of the article: http://www.prnewswire.com/news-releases/yrc-worldwide-reports-year-over-year-improvement-in-fourth-quarter-operating-results-115271974.html

Jimmy B

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Re: Industry News - LTL Only
« Reply #6 on: February 05, 2011, 10:36:28 PM »
Con-way Inc. Reports Fourth-Quarter and Full-Year Results for 2010

ANN ARBOR, Mich. - February 02, 2011

Con-way Inc. (NYSE:CNW) today reported net income for the fourth quarter of 2010 of $2.4 million, or 4 cents per diluted share. The results compare to a fourth-quarter 2009 net loss of $1.9 million, or 4 cents per diluted share.

Complete article: http://www.con-way.com/en/about_con_way/newsroom/press_releases/Feb_2011/2011_feb_02/



Jimmy B

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Re: Industry News - LTL Only
« Reply #7 on: February 09, 2011, 10:58:56 PM »
Express Transport, Kent Washington based reginal LTL carrier, pulled out of the Reno, Nevada market and closed their terminal last week as I understand it. They had just opened up the area with a terminal operation about 7 or 8 months ago. They have turned over their business in the area to DATS Trucking.

Jimmy B

The company's website: http://www.expresstrans.com/
« Last Edit: February 09, 2011, 11:00:57 PM by Jimmy B »

charlie

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Re: Industry News - LTL Only
« Reply #8 on: February 26, 2011, 06:46:32 AM »
Terror plot foiled after a tip from Conway.


            http://www.landlinemag.com/todays_news/Daily/2011/Feb11/022211/022511-01.shtml                           

Ray F

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Re: Industry News - LTL Only
« Reply #9 on: February 28, 2011, 12:25:32 PM »

charlie

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Re: Industry News - LTL Only
« Reply #10 on: March 09, 2011, 05:36:46 PM »
YRC CFO is leaving the company. Why at this time? ??? Did she bring the company as far as it's gonna go and it's time for some new blood or was she part of the problem and is being forced out at this time? ??? Having worked in a public company (for a CFO) i'm trying to read between the lines here and guessin' this isn't a voluntary departure.


                 http://www.thetrucker.com/News/Stories/2011/3/9/YRCCFOleavingcompanyTrubecktappedtofillin.aspx

Jimmy B

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Re: Industry News - LTL Only
« Reply #11 on: March 12, 2011, 02:06:01 AM »
YRC CFO is leaving the company. Why at this time? ??? Did she bring the company as far as it's gonna go and it's time for some new blood or was she part of the problem and is being forced out at this time? ??? Having worked in a public company (for a CFO) i'm trying to read between the lines here and guessin' this isn't a voluntary departure.


                 http://www.thetrucker.com/News/Stories/2011/3/9/YRCCFOleavingcompanyTrubecktappedtofillin.aspx

I don't know, maybe her baby clock sounded the alarm. <LOL>

Jimmy B

Jimmy B

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Re: Industry News - LTL Only
« Reply #12 on: March 13, 2011, 04:03:36 PM »
Follow this link to an interesting article about Southeastern Freight Lines. The article includes equipment profiles with stats. Should interest the LTL fans:

http://www.fleetequipmentmag.com/Item/84472/enhancing_maintenance_key_to_fleets_operations.aspx

Jimmy B

Jimmy B

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Re: Industry News - LTL Only
« Reply #13 on: March 15, 2011, 10:45:04 PM »
YRC Worldwide Inc. has missed a key deadline in its restructuring process and again is in danger of having to file for bankruptcy protection.

In its annual report, filed late Monday with the Securities and Exchange Commission, the Overland Park-based company (Nasdaq: YRCW) said a “milestone failure” had occurred last week and that its lenders could declare the company to be in default on its credit agreements.



Read more: http://www.bizjournals.com/kansascity/news/2011/03/15/yrc-worldwide-misses-restructuring.html

charlie

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Re: Industry News - LTL Only
« Reply #14 on: March 16, 2011, 05:55:15 AM »
I'm gonna stick this here only because it involves triples (which is an LTL thing) and also the story is from Nevada where Jimmy B resides and i'd like to get his opinion on this story about truckers wanting triples banned in Nevada.


           http://www.lvrj.com/news/truckers-urge-state-to-ban-triple-trailers-118067074.html?ref=074                         

Hank's Truck Forum

Re: Industry News - LTL Only
« Reply #14 on: March 16, 2011, 05:55:15 AM »

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