Trucking News

YRC Worldwide extended the deadline for the trucking giant’s high-stakes debt-for-equity exchange offer for bondholders Wednesday after it failed to get enough support to put the plan into effec

Freight shipments declined for the second consecutive month in October, as measured by a 1.2 percent drop in the U.S.

The French government intervened in contract negotiations between truck drivers and their employers Dec.

The NASDAQ stock exchange gave YRC Worldwide a green light to issue millions of shares of new stock without first getting approval from its shareholders.

Dow Jones will drop YRC Worldwide from its index of transportation stocks as the country’s largest trucker faces a deadline today on a major measure aimed at stabilizing the company’s fina

Trucking bankruptcies are beginning to climb again, putting upward pressure on rates just as shippers prepare contracts for bidding in the first quarter of 2010.

Schneider National is expanding its regional truckload service into the Northeast, propelled by customer demand in a fourth quarter that is proving stronger than forecast.

FedEx scaled up its earnings projections sharply on Monday, saying it is seeing a steady increase in international express shipping demand and new strength in its domestic ground parcel service.

A decline of 3.3 cents in the average retail price of diesel over a five-week period sputtered a little lower in the week ending Dec. 7.

UPS Freight is ramping up operations in Canada, hiring a former YRC Reimer executive to lead its sales efforts.

While other truckload carriers are still laying up capacity to adjust to lower demand during the recession, Con-way Truckload will shift capacity to double the number of trucks dedicated to short-haul

Canada last week achieved a critical milestone toward building the $3 billion Detroit River International Crossing.

Bankruptcy may be the end of the road for many trucking companies, but it’s becoming a route out of the recession for a few.

The market for class 8 trucks is likely to slump at the end of the year and to slow further in 2010, said transportation analyst FTR Associates.

President Obama says large-scale transportation projects that are supposedly “shovel-ready” may not provide the quick boost for jobs needed in the halting American economic recovery.

All major transportation industries reduced their employment levels in November, in line with a still-weak recovery in freight shipping; however, warehousing added jobs.

FedEx will raise list prices for its ground parcel service an average 4.9 percent in 2010, matching the rate increase announced by competitor UPS.

YRC Worldwide is "very confident" it will complete a debt-to-equity swap that would wipe more than $500 million in debt from its books in return for 95 percent of the trucking operator's com

The Teamsters union is stepping up a fight with two of the nation’s largest automakers, claiming a plan by Chrysler and General Motors to shift shipments of new cars to non-union carriers is cos

A Wall Street transportation analyst said market conditions are throwing serious doubt on whether YRC Worldwide’s proposed debt-for-equity exchange can win a vote by bondholders Dec.

Two of the biggest names in trucking software were combined today as TMW Systems acquired Innovative Computing for an undisclosed price.

Surface trade between the United States and its partners in the North American Free Trade Agreement completed a cycle in September of 12 consecutive months of steep declines. U.S.

The Southern California clean-truck program by Jan. 1 will have reduced diesel pollution in the harbor by 80 percent, a full two years ahead of schedule.

The Teamsters union launched a campaign to organize 1,500 workers at the Challenger Group, one of Canada's largest privately owned trucking companies.

Diesel fell 1.2 cents to $2.775 per gallon last week, according to the U.S. Energy Information Administration.

Freight volume is increasing faster than anticipated at truckload giant Landstar System, which told analysts today it expects positive year-over-year load count growth in the fourth quarter.

Warren Buffett isn’t the only investor interested in transportation companies.

Approaching cargo interests at the National Industrial Transportation League’s annual convention in Anaheim, Calif., this month, Ronald D. Widdows spoke with a bit of a swagger.

The fog of war is descending on the battle over port trucking.

Locomotive engineers in Canada launched a strike against Canadian National Railway early Nov.

Montana-based Jim Palmer Trucking is coming out of bankruptcy protection under new owners and an apparent new plan for expansion.

Same-day and next-day delivery specialist Eastern Connection is expanding in its home state of Massachusetts, opening a facility in Norwood, outside Boston.

YRC Worldwide sold the dedicated contract carriage piece of its logistics business to Greatwide Logistics Services yesterday for $34 million.

The average retail price for diesel slipped three-tenths of a cent to $2.787 per gallon last week, the third consecutive week of slim declines, according to the U.S.

Truck tonnage declined in October, but it was the smallest drop in 2009, said the American Trucking Associations.

In recent years, as domestic air cargo capacity dried up and freighter operators such as Kitty Hawk went belly up, the air cargo trucking sector went from strong to stronger.

Annual Christmas sales are always huge events for freight-hauling industries.

Swift Transportation chief Jerry Moyes, turning aside downbeat views of the transportation economy, said the truckload giant is seeing gains in shipping and improving balance between supply and demand

Trucking companies complain of too many tractor-trailers chasing too little freight, and carriers such as Swift Transportation, the nation’s third-largest truckload carrier, are scouring excess

Truckload carrier operations gained some momentum in the third quarter, thanks to a pickup in shipments and cuts in capacity.