Trucking News

When YRC Worldwide’s new board of directors meets for the first time today, job number one will be naming a new CEO. Job number two: a new CFO.

J.B.

Long-haul less-than-truckload operator YRC National rolled back into the black in the second quarter, reporting an operating profit of $10.6 million.

YRC Worldwide hiked its contract rates about 4 percent in the second quarter as the less-than-truckload carrier hauled more long-haul and regional freight.

YRC Worldwide, in the midst of a restructuring aimed at stabilizing the trucking company's finances, reported a $39 million loss for the second quarter on Friday but said overall revenue grew 12.3 per

Trac Intermodal, which leases or rents 245,000 marine and domestic chassis to motor carriers throughout North America, is testing a program that includes the cost of maintenance and repair in its dail

USA Truck increased sales in the second quarter but its profit dropped $300,000 to $598,000, clipped by higher fuel costs and a fuel-hedge hangover from last year.

The U.S.

James L. Welch is resigning as CEO of Dynamex, leaving the former YRC executive free to rejoin the trucking company in place of retiring chief William D. Zollars.

Landstar System increased its profit 21 percent to $29.6 million in the second quarter, as the truckload carrier group exercised its pricing power in an improved, albeit slightly “choppy”

More freight and higher rates gave Swift Transportation a $19.6 million net profit in the second quarter, compared with a $23.1 million loss a year ago.

Werner Enterprises increased its net profit 31 percent year-over-year to $27.5 million as revenue rose 11 percent to $515.9 million in the second quarter.

Averitt Express is shortening transit times between the Southern U.S. and Western Canada with a service that speeds freight across the border over weekends.

Heavy truck orders slowed for the second straight month in June, dropping 9 percent from May levels to 21,266 units, but production backlog remains “solid,” ACT Research said.

Marten Transport improved its profitability for the fifth straight quarter, raising its profit 20.1 percent from a year ago to $6.2 million in the second quarter.

Heartland Express increased its profit 35.3 percent year-over-year to $22.5 million as operating revenue rose 7 percent to $137.2 million in the second quarter.

Former Massachusetts governor and presidential canidate Michael Dukakis said to invest in the future spending on infrastructure is key — even if requires increasing the fuel tax during the

A federal judge threw a new twist into the battle over clean-trucks programs at Southern California ports, ruling the Po

YRC Inc., the long-haul subsidiary of YRC Worldwide is hiking its rates 6.9 percent, matching rate hikes announced by many of its

The U.S. Department of Transportation is making it harder for unsafe bus and truck operators to stay in business and making rule-breaking more costly.

An annual performance measure of the U.S.

Diesel prices across the United States increased 2.4 cents a gallon in the week ending July 18, rising for the second consecutive week just a crude oil prices fell, largely because of European and U.S

Con-way Freight will hike its tariff rates 6.9 percent Aug. 1, matching general rate increases announced this month by UPS Freight and ABF Freight System.

Total Transportation Services, a Long-Beach, Calif-based port drayage company, plans to buy 100 hydrogen fuel cell plug-in e

FTR Associates’ monthly Shippers Condition Index rose this month, indicating that market influences affectin

The Teamsters union and environmental groups are taking a new tack in their long, so far unrewarding campaign to organize port container haulers.

When the first Mexican truck in a new cross-border trucking pilot project rolls into the U.S., it will bring an end to punitive Mexican tariffs on U.S. goods.

Security continues to be a key issue for shippers doing business in Mexico. The rise in cross-border surface trade between the U.S.

After securing a $400 million asset-based loan, the last remaining step is the sale of $100 million worth of convertible preferred securities to its lenders, a company official said.

For a quick gauge of where truck pricing is headed, check tire prices.

YRC Worldwide expects its revenue to rise about $600 million this year to $4.9 billion and to report an operating profit of $4.2 million in the second half.

J.B.

FedEx will increase capital spending 24 percent over the next year, adding $800 million as it replenishes its fleets with new aircraft, trucks and tractors.

The backlog of Class 8 trucks on order to be built is getting bigger, as demand for new trucks remains strong despite a slowing economy, ACT Research said.

Truckload shipping volumes increased 2 to 3 percent in June from the previous month, with rates rising 4 to 5 percent, according to Longbow Research.

Freight carried by for-hire transportation carriers declined 1.8 percent in May from April to its lowest level since November, the Transportation Department’s Freight Transportation Services Ind

YRC Worldwide expects to draw $255 million from its new $400 million asset-based loan to help repay its existing asset-based loan and set up an escrow account.

The Ceridian-UCLA Pulse of Commerce index pulled out of its two-month slide with a 1 percent increase in June, though it remains lower than it was in March.

Diesel prices across the United States jumped 4.9 cents a gallon in the week ending July 11, rising for the first time in a month just as oil prices on world markets showed new upward pressure, the U.