GLG News by Heavy Duty Truck Experts: Consultants and Industry Specialists

The Mexican cross-border pilot program is slipping into nowhere land - and it will continue to cost us money. Nobody says much about the program with our number one trading partner - Canada. They certainly do about our number two partner - Mexico. But it is not about business - it’s politics!

 YRC Worldwide's decision to write down $823 million in impairment charges for its YRC National long-haul and logistics units guarantees that YRC will report its fourth losing quarter in its last five reporting periods. Counting the $756 million in goodwill it wrote off on its 2005 purchase of...

  Deutsche Post World Net's decision to essentially exit the U.S. domestic parcel market means a boost to rivals UPS and FedEx. Those two giants should be able to divide about 80 percent of DHL's domestics U.S. business, 70 percent of its ground revenue and perhaps 5 percent of its import and export...

Truck idling versus Auxiliary Power Unit (APU) Return-On-Investment (ROI) got some real and negative feedback in a recently completed North Carolina State University / Volvo Truck EPA-funded study. Bottom-line is that the ROI is tough at best and from the study: “Previous avoided fuel use rates and...

Con-way's decision to revamp its regional LTL footprint and close 40 terminals is a significant move for a $4.6 billion company that has been on a go-go growth path since its inception in 1984. Con-way is usually two or three steps ahead of the rest of the LTL market, and its move to retrench must be...

  YRC Worldwide is hoping it can ride out the current credit crunch and sour freight environment to avoid bankruptcy or further erosion of customer confidence.   With about $1.19 billion in debt, the $9.6 billion trucking concern is trying to pay off long-term debt to preserve liquidity and...

 The American Trucking Associations' advanced seasonally adjusted for-hire truck tonnage index dropped by 0.9 percent in September, it's third straight month-over-month decline. The details are even worse. The seasonally adjusted index was just 0.8 percent above year-ago levels. September 2007...

The food, energy and Biofuels industries all heavily depend on feedstock. I agree with colleagues Mr. Moser and Mr. Timpano regarding food versus fuel, future feedstock’s, food security and sugar cane use for ethanol. After recently attending a Purdue (my alma mater) meeting wearing my Zenergy Bio Fuel...

The forecast models used by the industry to predict equipment sales needs a readjustment. The forecasting models included diesel prices, metal prices, industrial production, manufacturer orders and personal income / spending, but they had not used at least one major factor - financing availability -...

With LTL giant YRC Worldwide teetering, the biggest potential winner from any shutdown or wholesale closing of YRC operating units would appear to be Arkansas Best Corp., parent of ABF Freight System. At nearly $2 billion in revenue, ABC (or ABF, which makes up the lion's share of its parent's revenue)...