YRC Teamsters unanimously vote to endorse the tentative National Master Freight Agreement.

Following the late March update that YRC Freight the largest subsidiary of less-than-truckload (LTL) transportation services provider YRC Worldwide, and the Teamsters National Freight Negotiating Committee (TNFINC) had come to terms on a tentative agreement in principle for a new collective bargaining agreement, YRC Teamsters this week at its YRC Freight Holland, and New Penn subsidiaries, with the exception of one local unit, this week unanimously voted to endorse the tentative National Master Freight Agreement. Source: logistics Mgmt

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January Class 8 trailer orders see declines, reports FTR

Freight transportation consultancy FTR reported today that final Class 8 trailer orders for January, at 26,300 units, were down 3% compared to December and down 39% annually. While orders were down, FTR said that this tally was higher than expected, with the order level in line with current trailer production rates and backlogs near record levels. Source: logistics Mgmt

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YRC, Teamsters float trial work rule balloons in advance of NMFA contract talks

YRC Worldwide, which controls the fourth- and eighth-largest LTL companies with its long-haul YRC Freight and YRC Regional units, is embarking on what could be a make-or-break contract with its 24,000 Teamsters union. Because YRC has struggled to regain profitability following its decision to buy rival Roadway Express in a debt-laden $1.1 billion transaction in 2003, any significant change in either units’ wage structure or fringe benefits could trigger another downturn for the Overland Park, Kan.-based company. Source: logistics Mgmt

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Hub Group to acquire CaseStack

Earlier today, freight transportation services provider Hub Group announced it plans to acquire CaseStack for $225 million in cash. Established in 1999, Santa Monica, Calif.-based CaseStack has two primary business units. One unit, CaseStack Logistics Services, provides consolidation services for consumer packaged goods (CPG) companies that sell into the North American retail market. And its other unit, CaseStack Technology Services functions as a technology-enabled truck brokerage serving the LTL (less-than-truckload) market. Source: logistics Mgmt

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