Old Dominion Freight Line reported third-quarter income increased 29.5% and posted record revenue on increased market share.
October 30, 2014Business
Slagle Retires as ABF Freight President; Thorne Takes Over
Roy Slagle has retired as president of less-than-truckload carrier ABF Freight System Inc. after 37 years with the company, parent ArcBest Corp. announced.
October 16, 2014Business
FedEx Freight Workers Reject Teamsters in N.J. Vote
FedEx Freight drivers at the Cinnaminson, New Jersey, terminal have voted against becoming Teamsters in the first-ever unionization vote at the nation’s largest less-than-truckload company, the company said.
October 14, 2014Business
Shift Freight Appoints New President
Less-than-truckload carrier Shift Freight said it has appointed Joe Bartone president of the Santa Fe Springs, California-based firm.
October 8, 2014Business
DOT Freight Index Rises to Record High
The Department of Transportation’s freight transportation services index rose 3.8% in May to a record high, DOT reported July 10.
July 11, 2014Business
DOT Freight Transportation Index Jumps 4.8%
The Department of Transportation’s freight transportation services index jumped 4.8% in April from the same month last year to its second-highest level ever.
June 11, 2014Business
April Truckload Shipments Rise
Truckload carriers’ freight volumes accelerated in April, rising 4.6% compared with last year, and recorded a sequential improvement of 3.7%, which was a two-year high, American Trucking Associations reported.
June 9, 2014Business
Spot Loads Rise 1.7% as Freight Markets Continue to Strengthen
Freight availability rose 1.7% in the seven-day period ended May 24 as market activity levels remain high, load board operator DAT said in its weekly report.
May 29, 2014Business
Old Dominion Boosts 2Q Freight Outlook
Old Dominion Freight Line raised its second-quarter outlook for growth in its less-than-truckload revenue per hundredweight, excluding fuel surcharges.
May 27, 2014Business
LTLs Using Dimension Scanners to Improve Pricing Accuracy
YRC Worldwide, in an effort to boost profits, has joined a growing number of less-than-truckload carriers to use dimensioners, a type of scanning device, to more accurately determine shipment characteristics.
May 12, 2014