Trucking News

YRC Worldwide yesterday closed the first part of a deal that will pay off $70 million in unsecured debt that wasn’t eliminated in its $464 million debt-for-equity swap.

A group representing independent truck drivers accused Mexico of “economic bullying” while arguing against allowing Mexican truckers to operate in the U.S.

A 65 percent leap in shipment volume helped Echo Global Logistics increase revenue 47 percent and quadruple its profit in the fourth quarter, despite falling transportation rates.

YRC Worldwide’s Western subsidiary Reddaway is cutting transit times throughout its network to increase next-day and two-day delivery options for shippers.

Engine maker Cummins will pay $2.1 million for a costly supply chain error.

Diesel prices across the United States jumped 7.6 cents over the past week, the first increase in six weeks, to their highest point since the middle of January, the U.S.

The nascent economic recovery is beginning to fuel consolidation in trucking, as healthier carriers expand their networks by buying up smaller competitors and niche players.

The North American intermodal business is developing a split personality.

Call it a lost week for a major slice of the U.S. economy and transportation network.

Con-way Freight is starting 2010 by strengthening its sales organization as it tries to bring pricing and profit into line with higher less-than-truckload freight volume.

Snowstorms that slammed the country in early February may have boosted rates for truckload carriers by freezing capacity, according to analysts at Morgan Stanley.

A similar name can cause the kind of confusion USA Truck wants to avoid.

The Freight Transportation Services Index indicated a stabilizing market as it remained unc

YRC Worldwide’s stock value plunged today after shareholders approved the issue of more than 2 billion new shares as part of a debt-for-equity swap with bondholders.

YRC Worldwide's shareholders approved the company's debt-for-equity swap Wednesday, clearing $550 million in debt from the company's books and giving the country's largest trucking company a new lease

Spot market demand for truckload freight rose for the fourth straight month in January, although it dipped compared with an unusually strong December, according to Transcore, which owns the DAT load-m

YRC Worldwide shareholders meet Wednesday to decide whether to accept a $550 debt-for-equity swap with bondholders that was completed Dec. 31.

Diesel prices fell for the fifth straight week, according to a report released Feb. 15 by the U.S. Energy Information Administration.

The Teamsters are ready to put the muscle they used against Wall Street to help YRC Worldwide into action against fresh opponents, says General President James P. Hoffa.

UPS Freight is speeding freight across the Canadian border by stretching its two-day delivery network from Toronto and Montreal as far south as St. Louis, Mo., and Atlanta.

John Ruan, the Iowa businessman who turned a one-truck venture into a transportation, real estate and banking empire before donating millions of dollars to fight multiple sclerosis and world hunger, d

Retail diesel prices fell last week in their fourth straight weekly decline amid falling oil prices. In the week ending Feb.

YRC Worldwide is even getting money from the federal government these days, but what the country’s largest trucking operator really needs is more revenue from shippers.

The trucking industry is adding its voice to a coalition demanding tighter federal regulation of trading in commodity derivatives.

YRC Worldwide is using everything from online advertising on The Wall Street Journal’s Web site to offering coupons for return customers to win shippers.

Cash flowed more slowly through supply chains in January, reflecting longer payment periods among suppliers, transporters and customers in the first weeks of 2010, according to the latest Supply Chain

A recovering economy and reinvigorated trucking industry will increase demand for heavy- and medium-duty trucks late in 2010 and in 2011, says ACT Research, Columbus, Ind.

The California Air Resources Board will most likely give over-the-road truckers more time to comply with a rule designed to reduce diesel emissions from heavy-duty vehicles.

Mid-Atlantic and Northeastern states are beginning to lift emergency orders and travel restrictions imposed during yesterday's blizzard.

YRC Worldwide cleared a financial hurdle Thursday by eliminating $70 million in debt not included in its $464 million debt-for-equity swap in December, giving the carrier still greater stability in th

Logistics and trucking business The Dependable Companies acquired West Coast trucking company Matheson Fast Freight, expanding its stake in the California less-than-truckload market.

The second major snowstorm to hit the Mid-Atlantic region in a week is paralyzing traffic in Pennsylvania, a hub state for freight moving to and from the Northeast and Mid-Atlantic states.

Air freight and expedited less-than-truckload carrier Forward Air earned a profit of $6.4 million on revenue of $118 million in the quarter ended Dec. 31, the company reported.

Cross-border trucking company Vitran drove close to break-even in 2009, narrowing its net loss more than 94 percent to $4 million.

Schneider National will expand its pool of regional truckload drivers more than 600 percent this year, hiring an additional 2,100 drivers to fuel its short-haul business.

Truckload demand climbed in the first week of February, with flatbed and refrigerated trucking showing the most strength, Morgan Stanley Research reports.

Three days after a massive winter storm struck the mid-Atlantic region, freight transportation systems were still trying to recover to normal operating levels.

Less-than-truckload carriers can’t put 2009 far back in the rear-view mirrors fast enough.

Truckload carriers, anticipating a gradual increase in shipments this year after a long drought, are calibrating capacity to regain some lost pricing leverage.

Ports, cities and labor unions are sharply at odds not only with each other but within their own ranks over efforts to overhaul regulation of harbor trucking, and the rifts will make it even harder fo