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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
FedEx Raises Rates as Profit Falls 53 Percent
JOC Staff |
FedEx reported a $181 million profit Thursday for its fiscal quarter ending Aug.
Air Cargo
Air Cargo Forwarder News
Air Cargo Carriers News
LTL
Dynamex Profit Falls 61 Percent
Thomas L. Gallagher |
Same-day delivery and logistics provider Dynamex cut back operations and administrative staff and built its sales force to hang on to profits in its fourth fiscal quarter.
Trucking News
LTL
Senators Fail to Reach Transport Bill Timetable
John D. Boyd |
With the Sept.
Transport, Trade and Regulation News
Trucking News
Diesel Falls 1.3 Cents to $2.634
Thomas L. Gallagher |
As crude oil futures stabilized, retail diesel prices responded by falling for the second consecutive week.
Trucking News
Teamsters Launch FedEx Canada Campaign
JOC Staff |
The Teamsters union, already fighting legal and legislative battles to organize FedEx workers in the United States, said Monday it is launching a “large-scale campaign” to bring FedEx work
Air Cargo
Air Cargo Forwarder News
Air Cargo Carriers News
LTL
Trucking labor
Freight Coalition Wants Transport Bill Soon
John D. Boyd |
Congress must extend a crucial program due to expire in two weeks to fund highway and other transport projects around the nation, a freight stakeholders’ coalition said, but should also approve
Transport, Trade and Regulation News
Trucking labor
Con-way Truckload Launches Regional Service
JOC Staff |
Con-way Truckload launched a regional program to deliver shipments within less than 600 miles.
Trucking News
New Life for Used Trucks
William B. Cassidy |
Motor carriers that want trucks out of their yards and off their books are starting to go where America sells practically anything: eBay.
Trucking News
Transport, Trade and Regulation News
Con-way Sets Global Front
William B. Cassidy |
Trucking News
LTL
FedEx Sees “Modest Recovery”
JOC Staff |
FedEx issued an upbeat new view of the economy Friday, saying its earnings could end up nearly double earlier projections in part because of gains in international express shipping.
Air Cargo
Air Cargo Forwarder News
Air Cargo Carriers News
LTL
Truck Maker Navistar Loses $12 Million
JOC Staff |
Truck manufacturer Navistar International lost $12 million in the fiscal quarter ending July 31, but the company said Thursday it will be profitable for the full year despite “the worst truck ma
Trucking News
New Penn Teamsters Approve Concessions
JOC Staff |
Unionized drivers at less-than-truckload carrier New Penn Motor Express, facing possible shutdown, approved concessions sought by financially troubled parent company YRC Worldwide, the Teamsters union
Trucking News
LTL
Trucking labor
Transport Employment Figures Remain Unsteady
John D. Boyd |
If a recovery is truly under way in the freight sector, it is yet to translate into a steady upturn in the number of transportation jobs.
Transport, Trade and Regulation News
Trucking labor
Reliance Network Passes Antitrust Review
R.G. Edmonson |
The antitrust division of the U.S. Department of Justice said it would not challenge the joint venture of seven U.S.
Trucking News
LTL
Diesel Drops 2.7 Cents to $2.647 per Gallon
Thomas L. Gallagher |
The retail price of diesel fuel fell 2.7 cents in the first week of September to reach a national average of $2.647 per gallon, according to the U.S. Energy Information Administration.
Trucking News
New York Delivers at Night
William B. Cassidy |
East side, west side, congestion is choking traffic all around New York City.
Trucking News
Truckload Rates Still Sliding
John D. Boyd |
Freight rates in the truckload market, competing in many cases with rail-truck intermodal traffic, are steadily declining “without solid evidence of bottoming,” said transport stocks analy
Trucking News
Shipper Group Decries Environmental Claims
JOC Staff |
The National Industrial Transportation League sharply criticized environmental groups’ claim that trade groups oppose clean-air efforts at ports this week, calling the accusation “a flagra
Transport, Trade and Regulation News
Trucking labor
DOT Pushes Stimulus Payouts to $2.35 billion
John D. Boyd |
Federal stimulus disbursements by the Department of Transportation swelled to $2.354 billion by Aug.
Transport, Trade and Regulation News
Trucking labor
Feds Indict Three in Brokerage Scam
JOC Staff |
A man and his two sons are facing federal fraud charges in Pennsylvania for allegedly setting up a phony truck brokerage scheme that duped companies out of more than $1 million.
Trucking News
Truck brokers
YRC Enhances Expedited Precision Services
Thomas L. Gallagher |
As YRC scrambles to regain market share, its sales efforts this week focused on high value delivery options with an enhancement to the carrier’s Expedited Precision service.
Trucking News
LTL
Transportation Stimulus Supporting 76,000 Direct Jobs
John D. Boyd |
Federal stimulus funds to states for such needs as highway, bridge and transit repairs were supporting at least 76,000 direct jobs as of July 31, says the House Transportation and Infrastructure Commi
Transport, Trade and Regulation News
Trucking labor
S&P Lowers Quality Distribution Ratings
JOC Staff |
Standard & Poor`s Ratings Services lowered corporate credit ratings on Quality Distribution to 'CC' from 'B-' on Tuesday.
Trucking News
YRC Gets New Credit Reprieve
JOC Staff |
Trucking giant YRC Worldwide struck a new amendment to a $950 million credit line, the company said in its latest move to maintain financial footing and stay out of bankruptcy protection.
Trucking News
LTL
Trucking labor
Diesel Prices Flatten at $2.674 per Gallon
Thomas L. Gallagher |
The average price of a gallon of diesel was nearly the same last week as the week before, according to a report from the U.S. Energy Information Administration.
Trucking News
Quality Distribution Restructures Debt
JOC Staff |
Quality Distribution, the largest tanker truck operator in the United States, announced a restructured debt arrangement Monday aimed at meeting financial obligations in a declining market.
Trucking News
NAFTA Surface Trade Fell 31.5 Percent
Thomas L. Gallagher |
Surface Trade with Canada and Mexico plummeted 31.5 percent in June compared with June a year ago, but the month-to-month increase of 6 percent runs counter to seasonal trends and confirms signals tha
Trucking News
YRC Worldwide Expands Guaranteed Windows
Thomas L. Gallagher |
In preparation for the peak fall season and extra demands on retailers, YRC Worldwide is expanding its window delivery capabilities across all of its transportation companies.
Trucking News
LTL
YRC Names Chief Strategy Officer
JOC Staff |
YRC Worldwide named Richard Williamson, a management consultant who’s worked with the less-than-truckload operator on its financial restructuring, chief strategy officer, a
Trucking News
LTL
Trucking labor
DOT Stimulus Payouts Jump Past $2 Billion
John D. Boyd |
The Department of Transportation pushed its stimulus project payouts to $2.023 billion in the week ending Aug.
Transport, Trade and Regulation News
Trucking labor
Truck Tonnage Index Fell 10.4 Percent in July
Thomas L. Gallagher |
Tonnage actually hauled by trucks decreased in July, whether compared with June’s dismal contraction or with July of a year ago.
Trucking News
LTL
New York Plugs Electric Vehicles
JOC Staff |
New York City is scrubbing soot from its skyline by turning to electric vehicles, from heavy trucks to compact cars.
Trucking News
Transport, Trade and Regulation News
UPS Truck Driver Dies in Crash
The Journal of Commerce Staff |
A truck driver working for UPS was killed Tuesday after his vehicle went off road and struck a concrete bridge pillar on an Indiana highway.
Trucking News
Air Cargo Forwarder News
S&P Removes YRC Worldwide, Con-way from CreditWatch List
JOC Staff |
Credit ratings firm Standard & Poor’s removed both YRC Worldwide and Con-way from its CreditWatch list this month, but maintained a “negative outlook” for the trucking companies
Trucking News
LTL
Diesel Price Hits New 2009 High
Thomas L. Gallagher |
Diesel prices climbed for the fifth consecutive week, adding 1.6 cents to reach an average of $2.668 per gallon, the highest retail price this year, according to the U.S.
Trucking News
Trucking Bankruptcies Plunge 62 Percent
JOC Staff |
Trucking bankruptcies plunged nearly 62 percent in the second quarter, falling to 370 from a peak of 970 a year ago, according to investment banking firm Avondale Partners.
Trucking News
Celadon Inches Uphill
William B. Cassidy |
Truckload carriers are beginning to report month-to-month increases in demand as the economy shows signs of improvement.
Trucking News
Putting the Screws to Scammers
William B. Cassidy |
The case of two Los Angeles-area transportation con men had all the elements of a movie thriller except a Hollywood ending — at least for the scammers.
Trucking News
Truck brokers
Hands Across the Border
William B. Cassidy |
Regional less-than-truckload carrier New England Motor Freight will reach across the border and deep into Canada through a partnership with Manitoulin Transport, a Toronto-based LTL carrier with 66 Ca
Trucking News
LTL
Pharmaceuticals’ Strong Immune System
Ina Paiva Cordle |
It’s a simple fact of life: People get sick. So when economies take ill worldwide, the one area consumers won’t skimp on is their own health.
Industrial Real Estate News
Air Cargo
Trucking News
Air Cargo Forwarder News
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