News
Con-way to Close 40 Terminals PDF Print E-mail

November 4, 2008

Con-way Inc. said it will close 40 truck terminals to streamline its operations and save $30 million to $40 million per year.

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UPS Sets 5.9% LTL Rate Hike for 2009 PDF Print E-mail

October 20, 2008

UPS Inc. said Friday it has set a 5.9% rate increase for its less-than-truckload unit, UPS Freight, for 2009.

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YRC Swaps Stock for Debt PDF Print E-mail

October 17, 2008

Less-than-truckload carrier YRC Worldwide issued new shares of common stock and used the issue to buy back debt in an effort to save about $600,000 a year in interest payments, Bloomberg reported Friday.

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Gainey Corp. Files for Bankruptcy PDF Print E-mail

October 16, 2008

Michigan-based trucking firm Gainey Corp. and five of its subsidiaries have filed for Chapter 11 bankruptcy protection, the Associated Press reported Wednesday.

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DOT Freight Transport Index Rises PDF Print E-mail

October 9, 2008

The Department of Transportation’s freight transportation services index rose 1.9% in August from the same month a year ago, DOT said Wednesday.

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