LTL and TL Forecast to Go Higher
Although they’re moving less weight in each parcel, the carriers have hiked their rates to cope with other factors such as labor shortages and capacity restraints.
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LTL
YRC Changes Names to Yellow
Association partner YRC is now the Yellow Corporation, which is the restoration of a previous company name represented by the “Y” in YRC.
Read moreYRC 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.
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Transportation 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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