YRC receives grace period for union benefits amid ‘sharp decline’
With the belt tightened at YRC, a covenant waiver and benefits contribution deferral are still required.
With the belt tightened at YRC, a covenant waiver and benefits contribution deferral are still required.
ArcBest battens the hatches on coronavirus concerns. The company draws down available credit and implements business continuity plan.
P.A.M. Transportation says it has temporarily laid off approximately 75 employees as auto plant closures increase.
Most companies are right near the 25% decline in the market since February 1.
Tonnage headwinds and better yields are the story so far in 2020. Old Dominion Freight Line reports modest revenue decline.
Many freight and logistics providers have reported weak earnings in the past few weeks. Due to the current operating environment, these totals were expected and investors have begun buying into the second half recovery story.
ArcBest posts down q4 results and January didn’t look much better
Most key metrics were lower for the LTL carrier/brokerage company.
As peak retail season approaches, the battle for retail compliance only intensifies.
ArcBest posts weak third quarter numbers for asset and non-asset units
Old Dominion, ArcBest report sluggish monthly
Safety, labor advocates register early opposition to rule changes.
ArcBest posted flat to down second quarter results as a weak LTL macro environment and too much truckload capacity hit its two main units.
A great deal of focus has been placed on the seasonal weakness in TL volumes, but LTL volume weakness is equaling concerning.
The three stocks get an upgrade not just on Cowen’s optimistic view of the market, but by how much their prices have been hit.
Weak demand on the asset light side weighs down results.
Women In Trucking Association (WIT) named Judy R. McReynolds, chairman, president and chief executive officer of ArcBest, the winner of the fifth annual Women In Trucking Association’s Distinguished Woman in Logistics Award (DWLA).
Shippers are buying far more than LTL these days, McReynolds says.
The company laid out its strategy in an SEC filing in the third quarter, and the fact that it is succeeding was evident in the numbers.
Even the Port’s director agrees something needs to be done; East Coast port notches new record; ATA crows about California victory.