freight News Updates

Business

ABF Fights Concessions Given by Union to YRC

ABF Freight System launched a two-pronged offensive against Teamsters union labor concessions for YRC Worldwide, saying the breaks for YRC violate the terms of the National Master Freight Agreement and unfairly disadvantage ABF to the tune of $750 million.

November 8, 2010
Business

Freight Forwarders Admit to Price Fixing

Six international freight forwarders have agreed to plead guilty and pay $50.3 million in fines in relation to a price-fixing investigation, federal officials said.

October 1, 2010
Business

Senators Introduce Bill Targeting Fraud Within the Freight Brokerage Business

A pair of U.S. senators introduced legislation last week aimed at curbing fraud by unscrupulous freight brokers.

June 21, 2010
Business

DOT Freight Index Sees First Year-to-Year Gain Since 2008

The Department of Transportation’s freight transportation services index rose 2.6% in March from a year ago, marking the first such increase since July 2008.

May 12, 2010
Business

Penske Orders 750 Freightliner SCR Trucks

Penske Truck Leasing has ordered 750 Freightliner Cascadia trucks with selective catalytic reduction technology, making the manufacturer the majority supplier of 2010 tractors to Penske, Freightliner said.

May 3, 2010