Labor: Page 14
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Provided by ArcBest
LTL competitors boast volume gains amid Yellow’s exit
Diverted freight in the wake of the carrier's demise led to a 10% rise in ArcBest's LTL volumes. Saia, TForce Freight and XPO are also seeing growth as a result.
By Colin Campbell • Aug. 14, 2023 -
Courtesy of Yellow
Yellow bankruptcy: 7 takeaways from court filings
Analysts noted terminals will play a central role in the company’s shutdown.
By David Taube • Aug. 8, 2023 -
Permission granted by XPO
XPO reduces damage claims, aims for further improvement
The LTL provider’s damage claims per shipment in June were the best figures in over seven years, CEO Mario Harik said on an earnings call.
By David Taube • Aug. 7, 2023 -
Edwin Lopez/Trucking Dive
Yellow files for bankruptcy
The company posted notices last month it was ceasing operations.
By Colin Campbell • Updated Aug. 7, 2023 -
Courtesy of Yellow
Yellow shutdown likely means LTL price increases, analysts say
The low-cost carrier's rivals see an opportunity to bring in loads at higher rates as bankruptcy looms.
By David Taube • Aug. 4, 2023 -
Courtesy of Yellow
Yellow hit by class-action lawsuit, alleging inadequate notice of layoffs
A laid-off dockworker in California claims the company violated a 60-day notice requirement in the Worker Adjustment and Retraining Notification Act.
By Colin Campbell • Aug. 3, 2023 -
Courtesy of Yellow
Yellow lays off workforce, plans to liquidate
The LTL carrier said it hoped to complete one or more transactions to prevent the closure but was unable to do so.
By Colin Campbell , David Taube • Aug. 2, 2023 -
Retrieved from International Brotherhood of Teamsters on July 25, 2023
TForce Freight labor contract ratified by Teamsters members
The deal represents a 3% increase in costs for the LTL carrier each year, said the leader of its parent company.
By Colin Campbell • Aug. 1, 2023 -
Edwin Lopez/Trucking Dive
Yellow ceases operations, bankruptcy expected
The third-largest LTL carrier posted notifications to customers and employees at terminals on Sunday.
By Colin Campbell • July 30, 2023 -
Courtesy of Yellow
Yellow looks to sell brokerage as bankruptcy looms
The company said multiple parties have expressed interested in acquiring its non-union 3PL subsidiary.
By Colin Campbell • July 28, 2023 -
Retrieved from International Brotherhood of Teamsters on July 25, 2023
Teamsters leaders endorse tentative TForce Freight labor deal
The LTL carrier’s 7,800 union employees will vote on ratification this week.
By Colin Campbell • July 26, 2023 -
Courtesy of Yellow
Teamsters call off Yellow strike at 11th hour
The Central States Pension Fund granted the LTL carrier another 30 days to make $50 million in pension and benefit payments.
By Colin Campbell • July 24, 2023 -
Courtesy of Yellow
Tracker
Yellow saga: Trucking industry leaders react to the LTL firm’s turmoil
Forward Air CEO says “the bottom is behind” the LTL segment and it may recover faster with Yellow out.
By Colin Campbell , David Taube , Larry Avila • July 21, 2023 -
Courtesy of Yellow
Yellow blames Teamsters for its inability to make pension payments
The union fired back that saving the company is not its members' responsibility.
By Colin Campbell • July 20, 2023 -
Courtesy of Yellow
Teamsters threaten strike at Yellow over pension payments
A work stoppage could begin Sunday if the LTL carrier does not pay the $50 million it owes to the Central States benefits and pension plans, the union said.
By Colin Campbell • July 19, 2023 -
Permission granted by XPO
XPO adds 46 doors in Atlanta area
The expansion is part of a broader plan to add 900 doors to its North American network by 2024.
By David Taube • July 18, 2023 -
Permission granted by Benita Taube
US Xpress leaders take new roles under Knight-Swift
Despite changes at the very top, Knight-Swift is retaining some longtime U.S. Xpress executives to run operations and staffing.
By David Taube • July 14, 2023 -
Retrieved from California State Senate.
California senators advance bill restricting driverless trucks
Assembly Bill 316 would limit when trucking operations without a driver could begin, though some legislators said a ban would not be forever.
By David Taube • July 13, 2023 -
THEPALMER via Getty Images
Average operational cost of trucking surpassed $2 per mile in 2022: ATRI
Fuel, driver wages and equipment pushed costs to their highest levels on record, according to the American Transportation Research Institute.
By Colin Campbell • July 12, 2023 -
Permission granted by Gatik
Q&AHow partnerships tie into Gatik’s view on middle-mile autonomy
The AV company’s Class 6 driverless box trucks are replacing Class 8 trucks in short-haul logistics, a spokesperson said.
By David Taube • July 11, 2023 -
Retired Werner CFO becomes consultant for carrier
The carrier's longtime finance chief will earn $75,000 a month through the end of the year for offering strategic advice.
By David Taube • July 10, 2023 -
Provided by Yellow Corp.
Freight diversions from Yellow have begun: report
Some shippers are sending their loads to other LTL carriers over concerns about the company's future, TD Cowen analysts say.
By Colin Campbell • July 6, 2023 -
Courtesy of PR Newswire / PGT Trucking
PGT Trucking opens driver training center as enrollment surges
“Our incoming class sizes have almost doubled from where we were in the prior facility,” the company told Transport Dive.
By David Taube • July 6, 2023 -
Retrieved from International Brotherhood of Teamsters on June 16, 2023
Teamsters members ratify ABF Freight labor contract
The five-year deal governs the employment of about 8,600 employees.
By Colin Campbell • July 5, 2023 -
David Taube/Trucking Dive
US Xpress votes to approve Knight-Swift acquisition
On Monday, U.S. Xpress filed a delisting notice, and its stock stopped trading on the New York Stock Exchange.
By David Taube • Updated July 5, 2023
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