Less-than-truckload carrier Yellow Corp. reported a sizable first-quarter loss Wednesday as weather, increased purchased transportation expense and a lack of gains on real estate sales weighed on the period.
Less-than-truckload carrier Saia announced Tuesday it was hiring more than 500 drivers and 300 dockworkers.
The latest report from the congressional oversight commission monitoring COVID relief loans shows Yellow Corp. may not have been as “critical to maintaining national security” as once thought. The report also calls into question the company’s increased spend on lobbying efforts ahead of the loan.
PACCAR puts up strong Q1 numbers, including record parts sales that suggest the new truck backlog is boosting aftermarket sales.
Less-than-truckload carrier Yellow announced it is taking delivery of the next wave of equipment, which has been facilitated by the CARES Act loan it received in 2020.
The Defense Department lawsuit from 2018 is continuing even as the federal government has taken a stake in the LTL carrier.
Less-than-truckload carrier Saia announces the addition of its 20th facility in the Northeast in just the last four years. The LTL market continues to garner incremental investment dollars as demand rises.
Less-than-truckload carrier Yellow Corp., like other LTLs, reports a weather-related falloff in February trends. However, industrial data continues to suggest this LTL freight recovery has legs.
Old Dominion Freight Line said Thursday it would add 800 drivers and more than 400 dockworkers and clerical personnel to meet “robust freight demand.”
Jevic Transportation started fast and did well for a time. Read about its history in this installment of FreightWaves Haul of Fame.
