LTL tonnage
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News
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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Less-than-truckload headwinds continue, Old Dominion sees small decline
Tonnage headwinds and better yields are the story so far in 2020. Old Dominion Freight Line reports modest revenue decline.
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