YRC Gets $700 Million Federal Loan
The US Treasury is giving a $700 million loan to YRC Worldwide, a troubled trucking company that warned in May it was in danger of going out of business.
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Truckload Market Changes May Lift LTL Market
A YRC executive says a ripple in the massive truckload market can create a tidal wave in the less-than-truckload market, and such a wave may be surging.
Read moreYRC CEO Sees Light at End Tunnel for LTL Long-Haul
YRC Worldwide will benefit from closures and reduced capacity in the $340 billion full truckload (TL) market, according to analysts and YRC’s chief.
Read moreTransportation Insights Acquires FreightPros
Transportation Insight has acquired Meridian Logistics LLC of Austin, Texas, which does business as FreightPros. FreightPros brings “deep expertise” in the LTL brokerage market.
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