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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
Pulling All Stops
John Gallagher |
YRC’s Worldwide’s latest move to avoid exiting the highway for good raises new questions not only about the trucking company’s financial status but also the future of thousands of retired union employ
Trucking News
State Scales Back Truck Rest Stop Closures
John Gallagher |
The Virginia Department of Transportation scaled back its plan to close a group of rest stops in one of the heaviest truck routes in the country in a move the American Trucking Associations says will
Trucking News
LTL
Trucking labor
Reddaway Launches Four-level Guarantee
Thomas L. Gallagher |
Reddaway, a subsidiary of YRC Worldwide in the western United States and Canada, this week launched a four-level Guaranteed Window Delivery service.
Trucking News
LTL
No Gas Tax Hike, Says LaHood
John D. Boyd |
The Obama administration does not favor raising the federal tax on motor vehicle fuels as a way to bolster highway spending accounts, said Transportation Secretary Ray LaHood.
Transport, Trade and Regulation News
LTL
North-American rail
Clean Diesel Proponents Visit Capitol Hill
John Gallagher |
While lawmakers wrestled over how alternative energy should shape the nation’s overall energy policy yesterday on Capitol Hill, supporters of more traditional fuel sources were determined not to
Trucking News
Davidson: ABF Ready for Freight
The Journal of Commerce Staff |
The trucking industry will have to see a significant freight volume increase before beleaguered carriers return to profitability, a leading trucking executive says.
Trucking News
LTL
Zollars: YRC On Road to Profit
Peter T. Leach and William B. Cassidy |
The top executive of troubled trucking giant YRC Worldwide challenged investment analysts and predicted his company would be profitable again by the end of third quarter.
Trucking News
LTL
Shipper Ties YRC Bailout to Lower Rates
John Gallagher |
YRC Worldwide’s intention to request $1 billion in federal aid could provide a check on rising freight rates by keeping a major competitor up and running, says the director of logistics at a lea
Trucking News
LTL
Diesel Climbs 1.5 Cents to $2.231
Thomas L. Gallagher |
Retail diesel prices climbed 1.5 cents last week to an average of $2.231 per gallon, according to the U.S. Energy Information Administration.
Trucking News
AutoInfo Profit Plunges on Lower Revenue
Alan Field |
The impact of the economy had a multiplied effect on non-asset based transportation services company AutoInfo in the first quarter.
Transport, Trade and Regulation News
LTL
Truckers Challenge Court on Clean Trucks
Bill Mongelluzzo |
The American Trucking Associations has challenged the April 28 decision by the U.S.
Maritime
Trucking labor
YRC Gets Debt Reprieve
John Gallagher |
YRC Worldwide’s lenders waived a $45 million second quarter earnings requirement in a move one Wall Street analyst says is evidence banks aren’t interested in shutting down the troubled ca
Trucking News
LTL
Truck suppliers feeling chill from weak freight demand
John Gallagher |
The twin troubles of overcapacity and weak demand forcing motor carriers to readjust operations could lead to long-term changes in the markets that supply their equipment.
Trucking News
NIT League will seek to attach increased size, weight limit changes to highway bill
John Gallagher |
There's a growing belief that action must be taken on size and weight limits for trucks on highways, but don't mistake that for any sort of agreement on the direction of truck limitations.
Trucking News
How Many Tappan Zees?
John Gallagher |
The National Infrastructure Bank proposed by President Obama will likely have many twists and turns on its journey toward a new way to fund infrastructure projects.
Transport, Trade and Regulation News
Trucking News
Carriers, shippers lean on software to keep wheels turning during recession
John Gallagher |
Cutting transportation costs without sacrificing service or losing customers is difficult enough when times are good.
Trucking News
UPS Looking at Bailout Impact
John Gallagher |
Transportation giant UPS said it’s studying the issue of federal bailouts for financially ailing trucking companies but wouldn’t comment directly on competitor YRC Worldwide’s reques
Trucking News
LTL
Industrial Output Falls 0.5 Percent
John D. Boyd |
U.S. industrial output fell 0.5 percent in April from March, leaving it 12.5 percent below April 2008, the Federal Reserve said.
Transport, Trade and Regulation News
Maritime
Air Cargo
Trucking News
Rail News
Wall Street Questions YRC Bailout Plea
John Gallagher |
YRC is seeking $1 billion from the federal government for relief from its pension obligations in an unprecedented move as it struggles to keep operating under heavy pressure from its lenders.
Trucking News
LTL
YRC Seeks $1 Billion Federal Bailout
JOC Staff |
Trucking industry leader YRC Worldwide’s Chairman and CEO Bill Zollars said the company will seek $1 billion in federal bailout funds to ease pressure from its pension obligations.
Trucking News
LTL
Trucking labor
Truckers Sue Minnesota Troopers
John Gallagher |
The Owner-Operator Independent Drivers Association is suing the Minnesota State Patrol for violating truck drivers’ rights in placing them out of service for fatigue.
Trucking News
Senate Bill Cuts Highway Money
R.G. Edmonson |
Democratic leaders on the Senate Commerce Committee are calling for what might be called a shift away from highway freight transportation by 2020.
Transport, Trade and Regulation News
Trucking News
Express-1 Takes Profit Hit
John Gallagher |
Profit at Express-1 Expedited Solutions fell 99 percent to $5,000 in the first quarter as a result of falling surcharge revenue and excess capacity.
Trucking News
Truck brokers
CEO of YRC Logistics to Leave Company
Alan Field |
Jim Ritchie, CEO of YRC Logistics, will leave the company at the end of May.
Transport, Trade and Regulation News
LTL
Southern California Economy Headed Down
Bill Mongelluzzo |
The massive Southern California international trade economy will decline further in 2009 before registering a modest gain next year, according to a report released by the Los Angeles County Economic D
Transport, Trade and Regulation News
North American ports
Trucking labor
North-American rail
YRC Warns of Financial Violation
John Gallagher |
YRC Worldwide warned it may not reach its second quarter earnings requirement as the fragile financial standing at the nation’s largest heavy-freight trucking company seems to be getting shakier
Trucking News
LTL
Used Trucks Outlook Turns Gloomy
John Gallagher |
Used truck pricing is still down “double digits” year-over-year with no sign of improving due to overcapacity in the truckload market, according to a Wall Street analyst.
Trucking News
Manufacturers Partner on Hybrid Truck
John Gallagher |
Truck maker Freightliner and drive train manufacturer Eaton are preparing an electric hybrid delivery truck for the propane gas market.
Trucking News
Diesel Jumps 3.1 Cents to $2.216
Thomas L. Gallagher |
Diesel prices jumped jumped 3.1 cents last week to $2.216 per gallon, the first increase after three straight weeks of declines, according to the U.S. Energy Information Administration.
Trucking News
Supply chain braces for swine flu pandemic but will it be too late?
Alan Field |
While much of the world was showing growing alarm over a possible swine flu pandemic and business scrambled to contain the impact, Dan Sanker, CEO of logistics provider CaseStack, pulled out his plans
Transport, Trade and Regulation News
Trucking News
Impact of Mexico’s retaliatory tariffs diminished by shrinking cross-border freight
John Gallagher |
Tariffs Mexico imposed on select U.S. products in response to the elimination of a cross-border trucking program are having little discernable impact on cross-border trade — or trucking.
Trucking News
YRC is rolling out customer incentives to win back freight
John Gallagher |
After losing freight to competitors for two consecutive quarters, YRC Worldwide is rolling out a customer incentive package in an attempt to rebuild freight flows and density in its struggling long-ha
Trucking News
LTL
Drop in trucking bankruptcies, with capacity in excess, puts shippers in driver’s seat
John Gallagher |
Shippers bracing for a dramatic surge in trucking rates can take a deep breath — evidence is stacking up that loose capacity and rock-bottom prices will be around for a while.
Trucking News
April Costs Truckers 16,000 More Jobs
John D. Boyd |
The U.S. trucking industry shed more than 16,000 jobs in April, the Labor Department said, as part of a 38,000 job loss in the transportation and warehousing sector.
Transport, Trade and Regulation News
Trucking labor
Quality Distribution Reduced Losses
Thomas L. Gallagher |
Bulk carrier Quality Distribution reduced its losses in the first quarter as it restructured to meet lower demand and reduced its debt to decrease interest payments.
Trucking News
NITL Backs Bigger Truck Size, Weight
John Gallagher |
The National Industrial Transportation League “strongly” opposes attempts to cap federal size and weight limits on heavy trucks and will support raising those limits to 97,000 pounds.
Trucking News
LTL
Pacer Loses $177 Million
John D. Boyd |
Forced to take a large write-down of “goodwill” as business weakened, intermodal provider Pacer International posted a net loss of $177.4 million for the first quarter and warned it might
Rail News
LTL
Truck brokers
Frozen Food Express Loses $6.1M
John Gallagher |
Frozen Food Express Industries lost $6.1 million in the first quarter despite moves to cut costs in the difficult trucking environment.
Trucking News
Truck Orders Fall in April
John Gallagher |
Heavy truck orders for major North American manufacturers in April were down 9 percent from March and 57 percent from April 2008 with no improvement in sight, according to data compiled by FTR Associa
Trucking News
Swift Speeds Payments, Cash Flow
John Gallagher |
Truckload carrier Swift Transportation is upgrading its internal document processing to pay drivers and bill customers faster as cash flow has become a major priority for carriers in the current econo
Trucking News
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