Truckload turnover up in Q2
ARLINGTON, VA - The second quarter of 2017 saw the highest employment turnover at large truckload carriers since the last quarter of 2010. The American Trucking Associations (ATA) reports turnover was higher throughout the truckload market, amid tight labor conditions, with a 16-point jump over last year at large truckload carriers to 90%.
Overall TFI revenue up, but TL drags
MONTREAL, QC - TFI International saw a 23% boost in revenue in the second quarter of 2017, reaching $1.12 billion - but Canada's largest carrier still posted a $47.2 million operating loss because of a $129.8 million goodwill write-off of U.S. truckload operations.
Less Than Lucrative: LTL recovery most challenging
TORONTO -- During the legwork for the 2009 U.S. Mastio & Co. LTL shipper survey author Kevin Huntsman was talking shop with a medium-sized U.S. carrier who shared a pricing tale that involved losing four accounts to a much larger, national carrier whose recent struggles have been well chronicled.