LTL

The General Rate Increase will be 6.9 percent and covers non-contractual shipments in the U.S., Canada, and Mexico, according to UPS. It also applies to minimum charge, LTL rates, and accessorial charges. UPS added that shippers will be able to view and download the new rates at [url=http://www.ltl.upsfreight.com]http://www.ltl.upsfreight.com[/url].

Earlier this year i wrote about the winds of change affecting LTL pricing in North America. If shippers and carriers are going to take advantage of pricing deregulation then they have to work together to disaggregate, cooperate, and automate.

Those less-than-truckload (LTL shippers) yearning for an optimistic sign from YRC Worldwide’s four-year bout with bankruptcy and cessation may get a ray of hope from the LTL giant’s resumption of partial payments to its Teamsters’ pension plans after a 23-month hiatus.

UPS Freight, the less-than-truckload (LTL) subsidiary of UPS said this week it has improved transit times from Vancouver, British Columbia to 181 United States cities in the Midwest and Northeast.

Company officials said that this new terminal will provide New York and New Jersey customers areas outbound LTL services to Illinois down through Texas and every state west of the Mississippi River.

Before developing its web-based carrier rating tool, this niche vendor of outdoor furniture was spending 17 percent of its sales on transportation. This year, those costs are going to be about 5 percent of sales—a turnaround that earned the company our 2011 Best Practices Award.

During its first quarter earnings call, YRC stated the terms of its latest debt swap plan, and has engaged Morgan Stanley to arrange a new $400 million asset-based loan facility that CEO Bill Zollars says will “enhance our liquidity and strengthen our balance sheet.”

Earlier today, less-than-truckload (LTL) transportation services provider YRC Worldwide (YRCW) reported a $102 million net loss in the first quarter and a $2.14 loss per share. Despite the losses, company officials said this represented an improvement over the first quarter of 2011, which saw a net loss of $274 million and $13.15 per share.

First quarter earnings for Echo Global Logistics, a non-asset based freight brokerage company and a provider of technology-enabled transportation and supply chain management services, saw total revenue-at $129.4 million-increase by 45.3 percent compared to the first quarter of 2010.

YRC Worldwide, the financially ailing second-largest less-than-truckload (LTL) company which has lost in excess of $2.7 billion the last four years, says it has reached another “milestone” in its long-awaited restructuring plan now scheduled for completion in July.

Coming off of its first monthly decline in three months in February, truck tonnage returned to growth mode in March, according to data released by the American Trucking Associations (ATA).

YRC全球最近宣布,它正在“团体nificant progress” in steps it is taking to meet the agreements required in its effort to achieve its financial restructuring objectives by the end of July.

The ATA reported that during the fourth quarter of 2010, truckload (TL) and less-than-truckload (LTL) carriers bumped up their payrolls, with small truckload carriers boosting employment by 0.8 percent within their driver pool and large TL carriers adding 0.3 percent to payroll by adding linehaul drivers and reducing local driver pools.

YRC Worldwide, Inc. may be poised this month to impose a general rate increase of 5.9 percent.

Transportation and logistics services provider Con-way Inc. said today that John G. Labrie, president of Con-way Freight, the company’s less-than-truckload (LTL) subsidiary, has left the company to pursue other interests.