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trucking news
Trucking News
Discover comprehensive trucking news and trends with Journal of Commerce - from trucking LTL to regulation and trucking supply and demand.
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LTL
Truck brokers
Trucking labor
Truckload
Flatbed
The latest Trucking News & Analysis
Diesel Slips to $4.098 per Gallon
Thomas L. Gallagher |
Retail diesel prices slipped seven-tenths of a cent to an average of $4.098 per gallon last week, according to the U.S. Energy Information Administration.
Trucking News
ABF Freight Reports $22.6 Million Loss
William B. Cassidy |
ABF Freight Systems increased revenue and tonnage by double digits in the first quarter, but fuel prices and weak pricing contributed to a $22.6 million loss.
Trucking News
LTL
YRC Declares Progress on Restructuring
William B. Cassidy |
Trucking giant YRC Worldwide said it is making "significant progress" toward completing key steps in its restructuring plan before an April 29 deadline.
Trucking News
LTL
Trucking labor
Shanghai Port Trucking Stoppages Ease
JOC Staff |
A five-day-old trucker strike at the Port of Shanghai eased significantly over the weekend following intervention by the mayor and a series of concessions offered to drivers, including a rollback of f
Port News
Forwarding
Trucking labor
Fuel Costs Cut Knight Transportation Profit
Dana L. Brundage |
Trucking giant Knight Transportation's net profit fell 19.5 percent in the first quarter from the same period a year ago to $9.9 million as rising fuel and other operating costs&nb
Trucking News
Werner Profit Jumps 50 Percent on Tight Capacity
JOC Staff |
Werner Enterprises saw its net profit surge 50.3 percent in the first quarter over the same quarter a year ago to $16.3 million as freight demand picked up momentum in the Midwest amid tight capacity
Truckload
Trucking News
USA Truck Loses $2.7 Million Despite Revenue Growth
JOC Staff |
Truckload carrier USA Truck lost $2.7 million in the first quarter despite a 17.4 percent surge in overall revenue to $124 million as tougher operating conditions and higher fuel costs hit the company
Truckload
Trucking News
Trucking labor
Chinese Truckers Protest High Fuel Costs, Private Fees
Dana L. Brundage |
Chinese truck drivers are striking this week in Shanghai due to rising fuel costs and increased fees charged by private warehouse operators.
Transport, Trade and Regulation News
Forwarding
Trucking labor
Heavy Truck Orders Jump 20 Percent
William B. Cassidy |
The backlog in Class 8 truck orders reached levels in March not seen since 2006, as net orders jumped almost 20 percent from February, ACT Research said.
Trucking News
Truck Maker Paccar Profit Nearly Triples
William B. Cassidy |
Strong heavy-duty truck sales drove first-quarter revenue up 47 percent to $3.28 billion at Paccar. Excluding financial services, net sales were up 53 percent.
Trucking News
Trucker Heartland Express Boosts Profit 25 Percent
William B. Cassidy |
Heartland Express increased operating revenue 10.4 percent to $127.7 million in the first quarter, raising net income 25.2 percent to $14.9 million.
Truckload
Trucking News
Truck Part Sales Drive Growth, Profit at Eaton
William B. Cassidy |
Higher demand for heavy trucks helped boost revenue and earnings at component manufacturer Eaton, which reported $3.8 billion in total sales in the first quarter.
Trucking News
Hub 1Q Profit Rises 21 Percent to $10.5 Million
John D. Boyd |
Intermodal service provider Hub Group reported a $10.5 million profit for the first quarter, up 21 percent from a year earlier.
Intermodal providers
Trucking News
Rail News
Truckload Capacity Index Drops 10.7 Percent
William B. Cassidy |
A key measure of truck capacity and demand dropped 10.7 percent last week, indicating some easing of over-the-road capacity constraints in mid-April.
Truckload
Trucking News
Canadian Freight Market Heats Up
William B. Cassidy |
Rising freight demand is spilling across borders, sending spot market truck freight volume in Canada up 35 percent year-over-year in March, said TransCore.
Trucking News
LTL
Truck brokers
Diesel Climbs 2.7 Cents to $4.105 per Gallon
Thomas L. Gallagher |
Diesel prices climbed 2.7 cents last week to a national retail average of $4.105 per gallon, according to the U.S. Energy Information Administration.
Trucking News
Truck Driver Pay Rising
William B. Cassidy |
Truck driver pay is heading up, with a 2.2 percent increase in February from January and a 4.6 percent increase year-over-year, according to Longbow Research.
Trucking News
Trucking labor
Choptank Transport Expands in Southeast
William B. Cassidy |
Choptank Transport, an asset-based third-party logistics company in Preston, Md., opened a regional office in Atlanta, expanding its footprint in the Southeast.
Trucking News
LTL
Truck brokers
A Chemical Reaction
William B. Cassidy, Senior Editor |
Transplace’s purchase of SCO Logistics is aimed at bringing revenue, expanded services, new customers and new talent to the Dallas-based logistics operator.
Transport, Trade and Regulation News
Maritime
Trucking News
Rail News
Who Wants Mega-Trucks?
William B. Cassidy |
When mega-ships disgorge containers at U.S. ports, will mega-trucks haul them away?
Maritime
Trucking News
Transport, Trade and Regulation News
Forwarding
UShip Opens to Brokers
William B. Cassidy |
Online marketplace uShip, which is doing for shipping what eBay did for sales, is moving deeper into the world of industrial transportation.
Truck brokers
Trucking News
Trucking’s Kick Start
William B. Cassidy |
Increased inventory restocking and improving industrial output helped the U.S.
Trucking News
Truckload Capacity Index Drops 1.4 Percent
William B. Cassidy |
Truckload capacity slackened slightly in the week ending April 11 but is still much tighter than it was a year ago, according to a key measure of capacity and demand.
Truckload
Trucking News
Spot Market Truck Rates Jump 4 Percent
William B. Cassidy |
Spot market truckload rates rose 4 percent in March from February and were up 15 percent year-over-year, according to TransCore Freight Solutions.
Trucking News
J.B. Hunt Revenue Rises 18 Percent to $1 Billion
William B. Cassidy |
Strong intermodal and trucking demand in the first quarter pushed revenue up 18 percent to $1 billion at J.B. Hunt Transportation Services, Lowell, Ark.
Trucking News
LTL
Truck Broker Loads Rose 10 Percent in 2010
William B. Cassidy |
Truck freight brokers moved 10 percent more loads per month in 2010 than in 2009, underscoring growing use of brokers by shippers, according to TransCore.
Trucking News
Truck brokers
Trucking Group Urges DOT to Drop Hours Proposal
William B. Cassidy |
New data showing a lower rate of truck-involved accident deaths indicate more restrictive hours of service rules for truck drivers are unnecessary, the American Trucking Associations says.
Trucking News
LTL
Trucking labor
Government Freight Index Fell 1.5 Percent in February
William B. Cassidy |
Freight shipping declined about 1.5 percent month-to-month in February, the U.S. Department of Transportation's Bureau of Transportation Statistics reports.
Transport, Trade and Regulation News
Trucking News
Rail News
Transport Auction Site Opens to Brokers
William B. Cassidy |
Online transportation marketplace uShip is opening its doors to freight brokers, allowing brokers to offer loads to truckers on the Web-based auction site.
Trucking News
LTL
Truck brokers
ABF Freight Makes Appeal, Awaits Decision
William B. Cassidy |
A panel of appellate court judges will decide the fate of an unprecedented legal battle between two major trucking companies and the Teamsters union.
Trucking News
LTL
Trucking labor
US Court of Appeals Hears ABF-YRC-Teamsters Lawsuit
William B. Cassidy |
A three-judge appellate court panel heard arguments April 12 in an ABF Freight System lawsuit against the Teamsters union and subsidiaries of YRC Worldwide.
Trucking News
LTL
Trucking labor
UCLA-Ceridian Trucking Index Rises 2.7 Percent
William B. Cassidy |
Stronger freight demand in March pushed the Ceridian-UCLA Pulse of Commerce Index up 2.7 percent month-to-month, reversing declines in January and February.
Trucking News
LTL
Budget Deal Cuts Into Unused Transport Money
John D. Boyd |
Pending budget cuts from last week’s deal to avert a government shutdown will take a deeper bite out of transportation funds, but industry and government sources say the ones that could most aff
Transport, Trade and Regulation News
Trucking News
Rail News
Biggest Trucking Companies Get Bigger
William B. Cassidy |
The select group of trucking companies with more than a billion dollars in annual revenue expanded last year, as three carriers shot past the revenue threshold.
Trucking News
LTL
Diesel Rockets Past $4 Mark
Thomas L. Gallagher |
Diesel prices soared 10.2 cents last week to a national average of $4.078 per gallon, according to the U.S. Energy Information Administration.
Trucking News
Top Trucking Companies Expand 9.4 Percent in 2010
William B. Cassidy |
Combined revenue for the 50 largest U.S.
Trucking News
LTL
FMCSA Releases Mexican Trucking Plan
William B. Cassidy |
The Federal Motor Carrier Safety Administration released plans Friday for a new pilot trucking project with Mexico "to test and demonstrate" the ability of Mexican truckers to operate safely within th
Trucking News
Waiting at the Gate
Joseph Bonney and Bill Mongelluzzo |
Two years after container ship lines began moving away from their 55-year-old practice of supplying U.S.
Maritime
Trucking News
Rail News
Forwarding
Trucking’s Capacity Squeeze
William B. Cassidy |
From the manufacturing floor, the trucking business has rarely looked better.
Trucking News
Hub Group Buys Capacity
William B. Cassidy |
Intermodal marketing giant Hub Group demonstrated its faith in the economic recovery last week with the $83 million acquisition of Exel Transportation Services.
Intermodal providers
Trucking News
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