Tagged: LTL

Yellow Corp Truck 0

Yellow Corp Settles DOD Lawsuit

Yellow Corp settles DOD lawsuit in which the less-than-truckload carrier was alleged to have incorrectly charged for freight shipments from 2005 to 2013. The Defense Department complaint alleged overcharging for carrier services.

XPO Logistics 0

XPO Increasing Capacity

XPO Logistics, a provider of freight transportation services, has opened two less-than-truckload (LTL) terminals to increase customer service capacity in its North American network. In addition, the company increased production capacity at its trailer manufacturing…

Transervice Integrated Solutions (TIS) Trucks 0

Trucker Adds LTL

Transervice Integrated Solutions (TIS) has launched a less-than-truckload (LTL) division to support shippers across North America. TIS’s new LTL division ‘’complements the existing full truckload service and rounds out the company’s entire freight management offering,’’…

Yellow Corp Truck, Congress questioning Yellow Corp loan 0

Yellow Corp Focusing On Yield

Less-than-truckload (LTL) carrier Yellow Corp. announced tonnage declines for the first two months of the third quarter. The company saw tonnage per day decline 5.7 percent year-over-year in July, accelerating to down 8.5% in Aug.

Knight-Swift acquires AAA Cooper Transportation 0

Knight-Swift Acquires AAA Cooper

The nation’s largest truckload carrier, Knight-Swift Transportation, announced recently it had acquired less-than-truckload (LTL) carrier AAA Cooper Transportation in a transaction with an enterprise value of $1.35 billion. AAA Cooper is expected to generate full-year…

FedEx Ground Truck at night 0

New Chief at FedEx

John A. Smith, president and chief executive officer of FedEx Freight, will be named president and chief executive of FedEx Ground on June 1. Smith succeeds Henry Maier, who will remain at FedEx as an…

UPS Freight 0

UPS & TFI sign $800 million deal

UPS is selling its UPS Freight less-than-truckload (LTL) division to TFI International Inc. for $800 million. The decision to sell UPS Freight aligns with the company’s “better not bigger” strategic positioning, according to a UPS…

Thorne Retiring From ABF 0

Thorne Retiring From ABF

Tim Thorne, president of ArcBest less-than-truckload carrier ABF Freight, will retire June 30 after a 31-year career with the company. Seth Runser, ABF vice president for line haul operations was promoted to the new role…

Midwest Motor Express Truck, Investors Acquire MME Inc, Investors Red Arts Capital has partnered with Prudential Capital Partners to acquire MME Inc. and its subsidiaries Midwest Motor Express and Midnite Express 0

Investors Acquire MME Inc

Red Arts Capital has partnered with Prudential Capital Partners and Brightwood Capital Advisors to acquire MME Inc. and its wholly owned subsidiaries Midwest Motor Express Inc. and Midnite Express Inc. Financial terms of the transaction…

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