September 28, 2010: ABF Freight System said today it will raise its general tariff rates 5.9 percent, following an identical increase announced last week by competitor YRC.
The Fort Smith, Ark.-based trucker is the second less-than-truckload carrier to announce a general rate increase ahead of trucking’s peak shipping season.
Click here to read more at The Journal of Commerce.
UPS hauled in $22.8 billion in revenue in the first quarter and made $930 million in profits. Big Brown projects to make $91.2 billion in revenue for the year and $8.7 billion in profit – all this according to their newly released second quarter earnings report.
UPS CEO Carole Tomé’s Better, Not Bigger strategy is about cutting volume and Teamster jobs. South Carolina Local 509 has fought back and won new driver positions. Shop Stewards John Gacsey and Russell Sires share how the fight played out in their building in Palmetto.
