Less than Truckload (LTL)

An executive with 30 years of experience in trucking and technology has been named COO of the National Motor Freight Traffic Association.

Truckload rates will continue falling at a steep rate in the second quarter while less-than-truckload rates level, a report from a large 3PL asserts.

“We think about these investments as long term. We’re not making them for the next few quarters, we’re making them for the next few years and beyond,” said XPO’s Ali Faghri.

UBS’ Tom Wadewitz says more clarity on cost-cutting actions provides a “long runway” for stock.

ArcBest announced Thursday that Treasurer Matt Beasley will assume the role of chief financial officer in May.

Federal Express Corp. will consolidate its air, ground parcel and other units; LTL will operate separately under the brand.

Yellow Corp. calls out Teamsters union officials for negotiating in bad faith and says it has the votes to push through its proposed operational changes.

The Teamsters union fires another shot at Yellow Corp. in a battle over proposed changes to operations.

AskWaves takes a look at the trade group that sets freight classifications for the less-than-truckload industry and where it’s headed.

The Teamsters union said Thursday it has rejected less-than-truckload carrier Yellow Corp.’s plan to restructure operations at more than 200 terminals.