FTL And LTL Shipping Services Market Is Projected To Expand At A Steady CAGR Of 4.10 % By 2030|YRC Freight,XPO Logistics ...

The global FTL and LTL shipping services market was valued at US$ 15.47 Bn in 2022 and is forecast to reach a value of US$ 21.34 Billion by 2030 at a CAGR of 4.10% between 2023 and 2030.

Shares are down more than 50% since the beginning of 2018, caught up in the company's effort to refine its business around regional less-than-truckload (LTL) services. LTL involves packing small ...

The Company’s LTL brands Holland, New Penn, Reddaway and YRC Freight, as well as HNRY Logistics continue to operate under their existing names.

The rationale behind the $700 million pandemic-relief loan made to less-than-truckload (LTL) carrier YRC Worldwide YRCW appears to be a likely topic during an upcoming congressional hearing on the ...

The Company anticipates its LTL brands Holland, New Penn, Reddaway and YRC Freight, as well as HNRY Logistics will continue operating under their current names.

According to a report in Freight Waves, YRC was able to secure the federal loan because it provides about two-thirds of the Pentagon’s LTL services.

YRC, the fourth largest LTL shipper, received a $700 million Cares loan that gave the Treasury a 30% stake. With YRC shares down 99.9% from their March 2005 high, don't bet on a recovery.

Additionally, YRC Freight was recognized as GlobalTranz 2019 Carrier of the Year, Cross-Border LTL; DICK’s Sporting Goods Carrier of the Year; and Freight Center Diamond Partner of the Year.

OVERLAND PARK, Kan., May 21, 2020 (GLOBE NEWSWIRE) -- (YRCW) YRC Freight has been recognized as 2019 LTL Carrier of the Year by Dick’s Sporting Goods. YRC Freight’s comprehensive network ...

Financially struggling YRC Worldwide, which collectively represents the second-largest group of carriers in the $43 billion less-than-truckload (LTL) sector, will benefit from closings and reduced ...

The industrial slowdown has hit less-than-truckload giant YRC Worldwide, which reported tonnage is down significantly compared to a year ago, as it announced changes to its CFO and board of directors.