LTL tonnage
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News
YRC Q3 update bucks improving industry trends
YRC Worldwide reported trends worse than its competitors for the first two months of the third quarter. Recent postings show the carrier is moving forward…
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YRC ready to use ‘once-in-a-lifetime’ loan to replenish fleet
YRC management believes it will take four to six quarters to complete $400 million worth of equipment replacement.
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YRC Q2 loss better than expected
YRC Worldwide’s second-quarter loss came in ahead of expectations. The earnings call is likely to focus on the company’s path forward.
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Forward Air to expand pursuit of traditional less-than-truckload market
Forward Air lays out plans to expand its less-than-truckload footprint. More terminals are expected to open this year.
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Cost control leads ArcBest Q2 beat; July trends improve
Cost initiatives and spot market freight ease the impacts of a choppy pandemic-impacted freight market. ArcBest’s improving trends lead to reinstated wages and benefits.
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Trying to make sense of the YRC bailout
YRC’s $700 million loan from the Treasury Department raises concerns from industry experts about the survival of the company and whether the deal is worth…
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Less-than-truckload looking up, say analyst and pricing experts
While less-than-truckload volumes may not have rebounded sequentially from April, one sell-side analyst sees acceleration in recent weeks as bullish for the industry.
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Saia’s Q1 outperformance not overshadowed by bleak near-term
Saia’s first quarter performance placed its recent terminal expansion campaign on full display. Unfortunately, COVID-19 headwinds will mask near-term results.
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Saia bucks softening less-than-truckload trends in Q1
Saia’s multi-year terminal expansion project drives earnings results well ahead of expectations.
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ArcBest draws down credit facility, warns of further declines
ArcBest battens the hatches on coronavirus concerns. The company draws down available credit and implements business continuity plan.
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