Trucking News

YRC Worldwide and its lenders finalized a credit agreement April 20 that allows the financially troubled trucking giant to defer pension payments from August until Jan.1 and use the company's rea

The average retail price of diesel fuel fell eight-tenths of a cent last week to $2.221 per gallon, according to the U.S. Energy Information Administration.

Falling truck parts sales dragged down financial performance at industrial equipment manufacturer Eaton Corp., which lost $52 million in the first quarter.

Few are bold enough to predict an economic turnaround in 2009, but some believe there are signs some shippers may be paying more for capacity before the year is out.

Harbor truckers in Southern California are proving resilient, purchasing more than 3,500 clean-diesel vehicles since the Los Angeles-Long Beach clean-trucks programs were launched last October.

The simmering trade war between the United States and Mexico hasn’t proved a roadblock to U.S. carriers that want to move more freight across the border.

Few trucking companies have the financial artillery to seek and acquire rivals as demand falls and capacity-rich customers drive down rates, but Arkansas Best is one of them.

Old Dominion Freight Line relocated a service center in Denver to improve efficiency and reduce handling.

Ontario, Canada will begin a pilot program this summer to assess the benefits of pulling two 53-ft. trailers behind one cab.

Werner Enterprises says a tough first quarter ended with an upturn in shipping demand that carried over into April.

The aftermarket for medium and heavy duty truck parts will increase 3.8 percent annually to $17.1 billion in 2013 partly as a result of carriers placing heavier demand on fleets during the current rec

USA Truck lost $1.88 million in the first quarter as a result of a heavy decrease in volume due to the slowing economy and customer inventory reductions.

Terry M. Endsley, the chief financial officer and a board member of truck manufacturer Navistar International, died April 14 of cancer, the company announced.

Truckload carrier Heartland Express remained profitable in the first quarter despite a 22.8 percent drop in revenue and sinking demand for freight capacity.

London -- French fishermen lifted their two day blockade of three northern French ports early today, April 16, freeing several hundred stranded trucks in Britain and France to board freight ferries.

Landstar System's net profit fell 41.4 percent and revenue declined 22.9 percent in the first quarter as slack demand for truck capacity staggered the non-asset based trucking and brokerage comp

London -- Trucking between the UK and France risks total shutdown starting April 16 as French fishermen threatened to extend their blockade of ports to the cross channel tunnel.

The Mexican trucking trade group Canacar filed a notice of arbitration against the United States, alleging that cancellation of the cross-border trucking pilot program violated the North American Free

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The average retail price of diesel fuel went up one-tenth of a cent last week to $2.229 per gallon, according to the U.S. Energy Information Administration.

Truck brokers tapping the $160 billion 3PL market appear to be adjusting to and recovering from overcapacity and scarce freight faster than their customers.

YRC Worldwide is looking to defer millions of dollars worth of payments into Teamster union pension funds to help prop up the company’s cash reserves as it struggles to improve its finances in t

Mexican officials want a cross-border truck program that goes beyond the pilot program that the Bush administration launched in 2007, according to Bloomberg.

America’s freight sector is getting stimulated.

One might think Albert J.

The U.S.

A group of 11 shippers dropped their class action lawsuit alleging the nation’s largest less-than-truckload carriers conspired to fix fuel surcharge prices.

California motor carriers are asking the state air quality board to slow down adoption of its proposed low-carbon fuel standard that the industry says could cause the cost of diesel fuel to double.

Ryder System is slashing its first quarter earnings estimates by roughly half due primarily to the beating its fleet management division is taking from the slowing economy.

UPS Freight expanded its door-to-door less-than-truckload service in Mexico and shortened transit times in Canada in a move to solidify its market position in anticipation of a stronger economy.

Trucker YRC Worldwide, announcing a new series of cutbacks and charges in its troubled business, said Tuesday tonnage at its national less-than-truckload declined 29 percent in the first quarter.

Third party logistics provider C.H.

American Trucking Associations president Bill Graves told U.S.

The average retail price of diesel fuel last week rose seven-tenths of a cent to $2.228 per gallon, according to the U.S. Energy Information Administration.

The American Trucking Associations asked the U.S.

Refrigerated trucker Frozen Food Express, which had withstood the economic downturn with growing profits and revenue last year, announced it has cut 150 positions and is taking other actions to reduce

New Class 8 truck orders through March were “dismal,” according to preliminary data from industry analyst FTR Associates.

Revenue for third-party logistics providers dropped by 6.7 percent during the first quarter of 2009 compared with the first quarter of last year, according to a survey by Armstrong & Associates.

If there's a recession out there it's not taking place in the ballroom of the Grand Hyatt Downtown San Antonio.

Big shippers with plenty of pricing power are favoring third party logistics providers with heavy assets behind their name.