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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
Con-way Says Used ‘Aggressive’ Pricing
JOC Staff |
Less-than-truckload carrier Con-way says it moved toward "more aggressive" price discounting in the third quarter than it normally uses and started hiring back workers to cope with tonnage g
Trucking News
LTL
Heavy Truck Sales Surge in October
JOC Staff |
Heavy truck sales surged in October, rising 117 percent year-over-year and 104 percent from September, as freight volumes showed signs of improving and carriers began a last-minute round of truck purc
Trucking News
Shippers Appeal to NY, Newark on Harbor Truckers
JOC Staff |
A broad group of retailers and other shippers called on the mayors of New York and Newark, N.J., to withdraw their support for changes in federal law that would allow local regulators to bar independe
Transport, Trade and Regulation News
Trucking labor
Quality Distribution Swings to Profit
Thomas L. Gallagher |
After losing $143.2 million in the second quarter, Quality returned to profit in the third quarter and improved upon last year’s third quarter profit.
Trucking News
Trucking Spot Market Up 10 Percent in October
JOC Staff |
Freight volume in trucking’s spot market rose 10 percent in October, said TransCore, which reported the first year-over-year increase this year in the TransCore Freight Index.
Trucking News
Truck brokers
Mediation Board to Change Representation Rules
JOC Staff |
The National Mediation Board proposed an amendment to its Railway Labor Act rules to provide that, in representation disputes, a majority of valid ballots cast will determine the craft or class repres
Transport, Trade and Regulation News
Trucking labor
Con-way Profit Drops 67 Percent
Thomas L. Gallagher |
Con-way profit fell by two-thirds in the third quarter from $40.5 million a year ago to $13.5 million in the three months ending Sept. 30.
Trucking News
S&P, Wall Street Slap YRC Debt Swap
JOC Staff |
YRC Worldwide stock tanked on Wall Street this week as the company launched a debt-for-equity exchange one analyst compared to a “controlled bankruptcy.”
Trucking News
LTL
Logue Named President of FedEx Freight
JOC Staff |
William J. Logue, a veteran FedEx Express executive, will become president of FedEx Freight, the express giant’s $4.6 billion trucking arm, Dec. 1.
Trucking News
LTL
Diesel Climbs Fourth Straight Week
Thomas L. Gallagher |
The retail price of diesel rose seven-tenths of a cent last week, the fourth straight week of increases in the national average, according to the U.S.
Trucking News
YRC Worldwide Seeks $500 Million Debt-Stock Swap
JOC Staff |
YRC Worldwide will launch a debt-for-equity exchange offer this week that could wipe more than $500 million in debt from the financially-troubled trucker's books.
Trucking News
LTL
IRS Reverses FedEx Ground Ruling
JOC Staff |
An Internal Revenue Service decision to reverse a previous assessment that FedEx had misclassified some package delivery drivers marks a strong victory for the carrier and its use of independent contr
Air Cargo
Air Cargo Forwarder News
LTL
Profit Slips Steeply for Danish Trucker DSV
Bruce Barnard |
DSV, Scandinavia’s biggest trucking and logistics company, reported a steep decline in third quarter earnings but said it gained market share in its key ocean, air and land transport sectors.
Transport, Trade and Regulation News
LTL
YRC Worldwide Promotes Wicks to President
JOC Staff |
The board of YRC Worldwide named Chief Operating Officer Timothy A. Wicks president of the trucking giant last week, a vote of confidence in Wick's handling of the company's financial crisis.
LTL
Asset Light, Profit Rich
William B. Cassidy |
Operating without its own equipment on the road appears to make C.H. Robinson Worldwide a tough target for the economic downturn.
Trucking News
Resetting Trucking’s Clock
William B. Cassidy |
Rules that govern how many hours a day truck drivers may spend behind the wheel may change again, perhaps before August 2011, as the federal agency that regulates motor carriers reconsiders whether tr
Transport, Trade and Regulation News
Trucking News
UPS Shrinks to Match the Market
William B. Cassidy |
Stronger international lift and a pickup in next-day shipments took some of the sting out of the recession for UPS in the third quarter.
Transport, Trade and Regulation News
Trucking News
Air Cargo Forwarder News
YRC Says New Customers Are On Board
William B. Cassidy |
YRC Worldwide says it is gaining new customers even as it continues to lose some shippers, leading to "stabilization" of its customer base and improved yields, top company officials say.
Trucking News
LTL
YRC Regional Carriers Turn Profitable
William B. Cassidy |
YRC Worldwide’s regional carrier group reported a $293,000 profit, its first since the second quarter of 2008, largely driven by a turnaround at former USF regional carrier Holland, said YRC Wor
Trucking News
LTL
YRCW Cuts Loss, Claims 'Significant Improvement'
William B. Cassidy |
Trucking giant YRC Worldwide, fighting to stay out of bankruptcy, cut its net loss to $158.7 million in the third quarter but saw its volume and revenue fall sharply as shippers apparently moved busin
Trucking News
LTL
Paccar Profit Crashes 96 Percent
John D. Boyd |
Heavy truck manufacturer Paccar eked out a $13 million third-quarter profit on $2 billion in combined truck and financial service revenue, but its net was down 96 percent from a year earlier and its t
Trucking News
Trucker Covenant Loses $13.6 Million
Thomas L. Gallagher |
Truckload carrier Covenant Transportation Group lost $13.6 million in the third quarter on freight revenue, excluding fuel surcharges, of $133.3 million.
Trucking News
DOT to Issue New Hours of Service Rule
JOC Staff |
Federal truck driver hours of service rules will be revised and a new rule proposed within nine months under an agreement between the Federal Motor Carrier Safety Administration, the Teamsters union a
Trucking News
Transport, Trade and Regulation News
Trucking labor
Truck Maker Scania Profit Falls 85 Percent
Bruce Barnard |
Scania, the Swedish truck maker, said the downturn in the European market has leveled off as it reported third quarter earnings plunged 85 percent from a year ago.
Trucking News
Diesel Soars to $2.801, Oil Halts Climb
Thomas L. Gallagher |
Retail diesel prices took a third consecutive leap this week just before oil prices dropped sharply with the rebound of the U.S. dollar.
Trucking News
Trucking Group Warns NY/NJ on Clean-Truck Plan
Joseph Bonney |
An American Trucking Associations executive said New York and New Jersey politicians will regret endorsing Los Angeles-style clean-truck regulations that he said represent a thinly disguised effort to
Maritime
Trucking News
UPS Freight Speeds Western Canada Service
Thomas L. Gallagher |
UPS Freight improved transit times between western Canada and points across the United States.
Trucking News
LTL
Los Angeles Loses an Ally
Bill Mongelluzzo |
The Port of Los Angeles’s task of defending its clean-trucks plan against a lawsuit by the American Trucking Associations got suddenly more difficult on Oct.
Port News
Trucking News
From Garment Racks to Retail
William B. Cassidy |
New Deal Logistics, which offers trucking and distribution services from New England to North Carolina, got its start serving the apparel business in New York’s midtown Garment District in the late 19
Trucking News
Holding On Tight
William B. Cassidy |
YRC Worldwide this week will release what could be the most significant quarterly earnings report in trucking this year, and analysts, customers and competitors — as well as tens of thousands of emplo
Trucking News
New Deal for Electric Trucks
William B. Cassidy |
New Deal Logistics’ Joe Killeen knows retail delivery like he knows Manhattan, which is to say block by block.
Trucking News
NY, NJ Mayors Enter the F4A Fray
Bill Mongelluzzo |
The battle to organize harbor truck drivers at U.S.
Port News
Trucking News
Saia Reports Operating Profit
JOC Staff |
A change in vacation policy allegedly helped less-than-truckload carrier Saia return to profitability in the third quarter.
Trucking News
LTL
Truck Tonnage Slips in September
JOC Staff |
The trucking industry is finding the road to recovery has its own potholes.
Trucking News
FMCSA Targets Illegal Drug, Alcohol Use
JOC Staff |
Nearly 80 bus and truck drivers and as many companies may face charges or fines for drug and alcohol violations after a Federal Motor Carrier Safety Administration investigation.
Transport, Trade and Regulation News
Trucking News
Trucking labor
Ryder Earnings Drop 66 Percent
Thomas L. Gallagher |
Ryder System profit fell 66 percent in the third quarter as the company closed some logistics operations and carried less freight due to the global recession.
Transport, Trade and Regulation News
LTL
USA Truck Loses $1.6 Million
Thomas L. Gallagher |
Truckload and intermodal operator USA Truck lost $1.6 million in the third quarter due to low volume and excess capacity in the freight market.
Trucking News
Volvo Loses $429 Million
Bruce Barnard |
Sweden’s AB Volvo reported its fourth consecutive quarterly net loss but said demand for trucks stabilized in the past three months.
Trucking News
Truck Appointments Boost Port Efficiency
Bill Mongelluzzo |
Trucker appointment systems at marine terminals can be beneficial for both parties if the systems are flexible and managed objectively, according to a transportation economist.
Maritime
Trucking labor
Speed Up FAST Lanes, Trucker Tells Congress
JOC Staff |
More federal funding and more “reasonable” regulation are needed to speed freight across the U.S.
Trucking News
Transport, Trade and Regulation News
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