July 15, 2011: On July 6, ABF won a round in their court battle to win concessions equal to those given to YRC, but they are still not expected to prevail in the lawsuit. The 8th Circuit Court of Appeals ruled that the district court judge erred in tossing out ABF’s suit for lack of standing, and must consider the merit. So ABF gets to go back to the district court for a do-over, but...

July 12, 2011: YRC Worldwide is one step away from completing its financial restructuring by a July 22 deadline, a key official at the $4.4 billion trucking company said Monday. The company secured a $400 million asset-based loan facility from its lenders, and now must raise $100 million through the sale of convertible securities to its lenders. Click here to read more at The Journal of Commerce.

July 7, 2011: The United States and Mexico Wednesday signed a cross-border trucking agreement under which the U.S. will open its roads to Mexican trucks, while Mexico will suspend about $2 billion in tariffs on U.S. goods. Under the agreement, signed by U.S. Trade Representative Ron Kirk and his Mexican counterpart in Mexico City, Mexico will suspend 50% of its tariffs within ten days, according to a statement by the U.S. Department of Transportation. Click...