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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
Marten Transport Tightens Belt, Boosts Profit
William B. Cassidy |
Temperature-controlled trucker Marten Transport increased its profit 15.2 percent in the second quarter despite essentially flat revenue compared with a year ago.
Trucking News
FedEx Ground to Pay $3 Million to Massachusetts
William B. Cassidy |
FedEx Ground will pay Massachusetts $3 million to settle allegations it misclassified delivery truck drivers as independent contractors, the state attorney general said.
Trucking News
LTL
Trucking labor
Strong Truck Demand Pushes Eaton's Profit
William B. Cassidy |
New orders for heavy trucks and other equipment are working their way through the supply chain, boosting earnings at truck component maker Eaton.
Trucking News
Knight Transportation Profit Leaps 26 percent
William B. Cassidy |
Truckload carrier Knight Transportation increased its profit 26 percent in the second quarter, as its total revenue rose 14.4 percent to $185.4 million.
Trucking News
ABF Freight System Narrows Loss to $12.6 Million
William B. Cassidy |
Buoyed by an 11.9 percent increase in tonnage, ABF Freight System cut its operating loss in half in the second quarter, from $26.8 million a year ago to $12.6 million.
Trucking News
LTL
Heavy Truck Orders Surge 21 Percent from May
William B. Cassidy |
Net orders for heavy trucks hit a new peak for the year in June, climbing 21 percent over May to reach 15,999 orders, according to ACT Research.
Trucking News
LTL
Truck Purchases Narrow Heartland Express Earnings
William B. Cassidy |
Tightening truck capacity helped boost second quarter revenue at Heartland Express, while the cost of purchasing new trucks slimmed its profit.
Trucking News
Diesel Price Falls For Fourth Straight Week
JOC Staff |
The average price of diesel fuel slipped 0.4 cents last week to $2.899 per gallon, according to a report Monday from the U.S.
Trucking News
Probing LTL Pricing
William B. Cassidy |
A team of researchers from Auburn University is delving into the dynamics of less-than-truckload pricing as LTL trucking companies struggle to raise rates.
Trucking News
LTL
Going Long on Trucks
William B. Cassidy |
The Western Governors Association believes there’s ample room for longer combination vehicles on High Plains highways, but must convince Congress to thaw a freeze limiting the use of double- and
Transport, Trade and Regulation News
Trucking News
YRC Worldwide Projects Earnings Progress
William B. Cassidy |
Beleaguered YRC Worldwide expects to report a milestone on a path back to profitability, projecting an adjusted EBITDA of at least $24 million for the second quarter when it releases its financial res
Trucking News
LTL
Sounding Out on Pricing
William B. Cassidy |
A round of initial interviews will help the researchers frame a second round of questions for a broad spectrum of companies, Auburn’s Joe Hanna said.
Trucking News
LTL
J.B. Hunt Profit Doubles
William B. Cassidy |
J.B. Hunt’s net profit rocketed 117 percent to $52.1 million as it improved utilization of its assets and raised prices in its truckload division in the second quarter.
Trucking News
EU Clears Geodis to Acquire Giraud
Bruce Barnard |
European Union regulators cleared Geodis, the French transport and logistics provider, to take sole control of Giraud, a leading French forwarder active across Europe.
Transport, Trade and Regulation News
Rail News
LTL
US-Mexican Truck Traffic Still Snarled by Floods
William B. Cassidy |
Flooding along the Rio Grande and other rivers in Texas and northern Mexico is playing havoc with cross-border freight traffic, causing delays at truck crossings in Laredo, Texas, and forcing truckers
Trucking News
Rendell Calls for Infrastructure Bank
R.G. Edmonson |
Americans need to act quickly to begin a 10 year effort to improve and build new transportation infrastructure, Pennsylvania Gov. Ed Rendell said Thursday.
Transport, Trade and Regulation News
Maritime
Air Cargo
Trucking News
Rail News
Truckload Demand Pushes Landstar Profit Up 36 Percent
JOC Staff |
Landstar System expanded its profit 36 percent in the second quarter to $24.4 million with a record number of truckload moves and said it expects to maintain a strong recovery in demand through the th
Trucking News
Truck brokers
Trucking labor
Truckload Freight Index Drops 8.3 Percent
William B. Cassidy |
Slow sequential moderation in truckload demand resumed after a spike before the July 4 holiday, Morgan Stanley Research reports in its latest freight index.
Trucking News
DOT Reports Downturn in Freight Index
Joseph Bonney |
Freight shipments measured in ton-miles fell 0.4 percent in May after two consecutive monthly increases, the Department of Transportation reported.
Transport, Trade and Regulation News
Maritime
Air Cargo
Trucking News
Rail News
Trucking Activity Index Drops 1.9 Percent
William B. Cassidy |
The Ceridian-UCLA Pulse of Commerce Index dropped 1.9 percent in June after gaining 3.1 percent in May, contributing to signs the economy is slowing.
Trucking News
New England Motor Freight Expands Westward
William B. Cassidy |
Trucking company New England Motor Freight is expanding in the Midwest, opening a larger less-than-truckload freight terminal in Toledo, Ohio.
Trucking News
LTL
Auburn University to Study Truck Pricing
William B. Cassidy |
Supply chain researchers at Auburn University are seeking carriers and shippers willing to participate in a study on trends in less-than-truckload pricing.
Trucking News
LTL
Diesel Prices Drop to a 19-Week Low
Thomas L. Gallagher |
Diesel prices last week dropped to their lowest point since the first week of March.
Trucking News
Chrysler Group Transport Orders 325 Trucks
William B. Cassidy |
Automaker Chrysler is replacing the entire fleet of its in-house trucking arm, Chrysler Group Transport, ordering 325 heavy trucks from Mack Trucks.
Trucking News
Heavy Truck Sales to Rise 26 Percent
William B. Cassidy |
Heavy truck production will rise 26 percent this year as motor carriers begin to replace aging trucks, ACT Research said.
Trucking News
YRC Worldwide Predicts Earnings Progress
William B. Cassidy |
YRC Worldwide expects to report a positive EBIDTA of at least $24 million for the second quarter when it releases its financial results Aug. 3.
Trucking News
LTL
Tight Credit Squeezes Truckers
William B. Cassidy |
Larger trucking companies appear more optimistic than smaller competitors about their ability to get access to credit, but most carriers expect lending to stay tight.
Trucking News
LTL
In New York, They Drive By Night
William B. Cassidy |
When your truck is stuck amid seemingly endless rush hour traffic snarling the entrance to the Holland Tunnel, delivering freight in the middle of the night starts to make sense.
Trucking News
Clock Ticks on Hours of Service
William B. Cassidy |
With the deadline for proposed truck driver hours-of-service rules less than a month away, highway safety groups are calling for a dramatic reduction in the time truckers may spend behind the wheel.
Transport, Trade and Regulation News
Trucking News
Con-way Upgrades to High-Tech Trucks
William B. Cassidy |
The sleek new tractors deployed by Con-way Freight not only warn drivers if they’re following another vehicle too closely, they signal confidence in the economy.
Trucking News
LTL
Freight Growth Rates ‘Can’t Persist,’ Economist Warns
William B. Cassidy |
The freight surge of 2010 is nearing its end, an economic forecaster says.
Transport, Trade and Regulation News
Trucking News
Forwarding
Mexico Seeks to End Cross-Border Trucking Dispute
William B. Cassidy |
Mexico may expand the list of U.S. products facing billions of dollars in punitive tariffs unless the Obama administration proposes a cross-border trucking program.
Trucking News
Trucks Avoid Rio Grande Flooding
R.G. Edmonson |
Truck traffic between the U.S. and Mexico this week skirted flood waters from the Rio Grande with little or no disruption, federal agencies reported.
Trucking News
Rail News
North-American rail
Truckload Spot Market Volume Drops 11 Percent
William B. Cassidy |
Truckload freight available on the spot market declined 11 percent in June from the previous month, according to TransCore's North American Freight Index.
Trucking News
Canadian Trucker TransForce Expands in Calgary
William B. Cassidy |
Canadian trucking giant TransForce is expanding operations in Calgary while strengthening a crossborder corridor linking Western Canada and Texas.
Trucking News
LTL
Virginia Cuts State Inspections for Interstate Trucks
William B. Cassidy |
Virginia is trying to attract interstate trucking business -- and registration revenue -- by eliminating what it calls duplicative state safety inspections.
Trucking News
LTL
Truckload Rates Rise in Canada
William B. Cassidy |
Shippers in Canada are paying more to move truckload freight, according to the latest Canadian General Freight Index.
Trucking News
Truck Capacity Tightens in West, Southeast
William B. Cassidy |
Truckload capacity is tightening, especially along the West Coast and in parts of the Southeast, Longbow Research says, even as other reports indicate slower growth in demand for trucking services
Trucking News
Diesel Price Drops 3.2 Cents to $2.924 per Gallon
Thomas L. Gallagher |
The price of diesel fuel fell 3.2 cents last week, the second straight week-to-week slip, to a national average of $2.924 per gallon, according to the U.S. Energy Information Administration.
Trucking News
Court Orders YRC to Pay Bondholders $21.6 Million
William B. Cassidy |
YRC Worldwide will have to pay bondholders who refused its debt-for-equity swap $21.6 million next month, the U.S. District Court for the District of Kansas ruled.
Trucking News
LTL
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