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ltl
LTL
The latest LTL News & Analysis
Roadrunner Transportation Revenue Races to $237 Million
William B. Cassidy, Senior Editor |
Roadrunner Transportation Systems increased its profit 70.5 percent in the first quarter to $7.9 million as revenue rose 38.2 percent to $236.6 million.
LTL
Pitt Ohio Speeds Expedited, West Coast LTL Service
William B. Cassidy, Senior Editor |
Trucking company Pitt Ohio expanded its expedited less-than-truckload service for national and global shippers.
LTL
Higher Rates, Volumes Triple Con-way Profit
William B. Cassidy, Senior Editor |
Trucking and logistics giant Con-way more than tripled its net profit in the first quarter, increasing earnings to $25.6 million as revenue ro
LTL
Modal Shift, 3PLs Transform LTL Trucking
William B. Cassidy, Senior Editor |
Less-than-truckload motor carriers that survived the recession are struggling with challenges, including modal shift and rising costs, that are transforming their industry, a quartet of trucking CEOs
LTL
Diesel Prices Fall for Third Straight Week
Mark Szakonyi, Associate Editor |
Diesel prices across the U.S. fell for the third week in a row, dropping 1.2 cents in the week ending April 30 as oil prices rose slightly above $4 a barrel.
Transport, Trade and Regulation News
LTL
LTL, Capitol Hill Top Agenda at NASSTRAC
William B. Cassidy, Senior Editor |
Challenges facing shippers and motor carriers in an uncertain economy and on Capitol Hill will top the agenda Monday at the <
LTL
ABF Parent Reports $18.2 Million First Quarter Loss
William B. Cassidy, Senior Editor |
A drop in daily tonnage after price hikes in 2011 and "unusual" workers compensation costs contributed to
LTL
Trucking News
Truck brokers
Keystone Pipeline Muddies Highway Bill
Mark Szakonyi, Associate Editor |
One could be forgiven for thinking the House’s most recent extension to the surface transportation bill was about the controversial Keystone XL pipeline, rather than highway spending.
Transport, Trade and Regulation News
Trucking News
Rail News
LTL
2011 a Banner Year for Top Trucking Companies
William B. Cassidy, Senior Editor |
The economic recovery, tenuous on Main Street and shaky on Wall Street, is surprisingly strong on the open road, where trucking companies are accelerating faster than the general economy and generatin
Trucking News
LTL
Truck brokers
ODFL Profit Rises 44.1 Percent on Record Revenue
Mark Szakonyi, Associate Editor |
Record revenue growth of 17.6 percent pushed Old Dominion Freight Line profit up 44.1 percent year-over-year in the first quarter to $31.1 million.
LTL
UPS Revenue, Operating Profit Climb
Dana L. Brundage, Managing Editor-Digital |
Package delivery giant UPS reported a 4.3 percent increase in first quarter revenue to $13.1 billion from $12.6 billion a year earlier.
Air Cargo
Air Cargo Forwarder News
Air Cargo Carriers News
LTL
Rebuilding in US, Vitran Reports $5.8 Million Loss
William B. Cassidy, Senior Editor |
Vitran's losses deepened in the first quarter to $5.8 million as the Canadian-based company struggled to improve its U.S. less-than-truckload operations.
LTL
Trucking News
TransForce Acquires US Oilfield Trucker
William B. Cassidy, Senior Editor |
Canadian trucking giant TransForce acquired certain assets of Peak USA Energy Services, an oilfield trucking business in Texas, for approximately $10 million.
LTL
Truck Tonnage Grows, But Slows in March
William B. Cassidy, Senior Editor |
Truck freight increased in March, but at a slower pace, as the American Trucking Associations For-Hire Truck Tonnage Index rose 0.2 percent from February.
LTL
Diesel Prices Fall at Sharpest Pace Since December
Mark Szakonyi, Associate Editor |
Diesel prices across the U.S. fell the most since mid-December, dropping 4.2 cents in the week ending April 23 as oil prices fell more than $1 a barrel.
Transport, Trade and Regulation News
LTL
Truck Drivers Better Off Unemployed?
William B. Cassidy, Senior Editor |
Ask a trucking CEO why it’s so hard to hire drivers, and extended unemployment benefits will likely be the first thing past his lips.
Trucking labor
Trucking News
Longshore labor
LTL
Pay Gap Widens for Truck Drivers
William B. Cassidy, Senior Editor |
The number of drivers employed handling big rigs in the U.S.
Trucking labor
Trucking News
LTL
FMCSA Struggles to 'Brake' Unsafe Carriers
William B. Cassidy, Senior Editor |
When the end came for J&A Transportation, the only surprise was how long it took.
Transport, Trade and Regulation News
Trucking News
LTL
Trucking labor
CEVA Adds Intra-Asia LTL Services
Mike King/Special Correspondent |
Netherlands-based logistics provider CEVA is extending its Asian cross-border road freight services to include less-than-truckload services.
LTL
Growing World Demand Sparks the End of Cheap Oil
Mark Szakonyi, Associate Editor |
All it took was the March 25 shutdown of a single North Sea oil platform to boost Brent crude oil prices $1 a barrel.
Transport, Trade and Regulation News
Trucking News
LTL
The Shift to a Cleaner, Cheaper Fuel Is a Slow One
Mark Szakonyi, Associate Editor |
Booming natural gas production isn’t just giving the truck industry extra loads to haul.
Transport, Trade and Regulation News
Trucking News
LTL
YRC Freight Streamlines Operations
William B. Cassidy, Senior Editor |
YRC Freight streamlined its nationwide network last week, implementing changes to reduce freight handling and focus the $3.2 billion less-than-truckload carrier squarely on two- to five-day long-haul
LTL
Trucking News
Trucking labor
LTL Truckers to Build Pricing Power, Analyst Says
William B. Cassidy, Senior Editor |
Trucking companies hauling less-than-truckload freight should be able to hold onto the pricing power they’ve gained over shippers through 2014 at least, increasing rates and yields in 2012 and 2
LTL
FMCSA Cracks Down on Unsafe Trucking Operators
William B. Cassidy/Senior Editor |
For the third time in as many months, federal regulators shut down an unsafe trucking company, ordering J&A Transportation out of service on April 9.
Transport, Trade and Regulation News
LTL
YRC Freight Implements Network Changes
William B. Cassidy, Senior Editor |
YRC Freight implemented two changes of operations over the April 7 weekend, reconfiguring its terminal network to speed freight and reduce handling.
LTL
Trucking labor
Q&A With YRC Freight, Regional Carriers
William B. Cassidy, Senior Editor |
Journal of Commerce Senior Editor William B. Cassidy interviewed the presidents of YRC Worldwide’s four less-than-truckload operating companies Feb.
LTL
YRC Worldwide Reviewing Bids for Terminals
William B. Cassidy, Senior Editor |
YRC Worldwide received “multiple bids” for more than 60 facilities put up for sale via a sealed-bid auction and is analyzing those offers, a company spokesperson said.
LTL
Trucking News
FedEx Freight Makes Profit a Priority
William B. Cassidy, Senior Editor |
Delivering an annual profit this May is the top priority for FedEx Freight, which lost money in its fiscal third quarter ending Feb. 29, its first quarterly loss in a year.
Transport, Trade and Regulation News
Trucking News
LTL
Survey Finds Few Truckers Ready to Add Capacity
William B. Cassidy, Senior Editor |
Truckload carriers are becoming more willing to at least consider adding capacity as freight demand increases, according to a survey by Transport Capital Partners.
Truckload
LTL
Truck Tonnage Index Rises 5.5 Percent
William B. Cassidy, Senior Editor |
A key indicator of trucking activity rose 0.5 percent in February from January, signaling truck freight volumes are rising after a post-holiday decline.
Truckload
LTL
Can James Welch Save YRC?
William B. Cassidy, Senior Editor |
When a news headline last week declared YRC Worldwide was “back at (the) brink” of the default and bankruptcy filing it narrowly avoided in late 2009, nerves quickly frayed at the long-tro
LTL
Trucking News
'Freight Is Not a Dirty Word'
William B. Cassidy, Senior Editor |
When he arrived in Overland Park, Kan., last July, James Welch began his plan to restart YRC Worldwide by cleaning house at the holding company, starting at the top.
LTL
Trucking News
Reinventing YRC: Q&A With CEO James Welch
William B. Cassidy, Senior Editor |
Journal of Commerce Senior Editor William B. Cassidy interviewed YRC Worldwide CEO James P.
LTL
FedEx Profit More Than Doubles
Joseph Bonney, Senior Editor |
FedEx Corp.’s profit more than doubled during its fiscal third quarter, fueled by record holiday package shipping,
Air Cargo Forwarder News
LTL
Senate Democrats Blast House GOP Transport Extension
Mark Szakonyi, Associate Editor |
Democratic Senate leaders, along with Department of Transportation Secretary Ray LaHood, urged House Republicans to adopt their two-year transport bill instead of endangering thousands of jobs by push
LTL
House GOP Considers Short-Term Extension of Transport Bill
Mark Szakonyi, Associate Editor |
House Republicans are considering a short-term extension of the surface transportation bill instead of adopting the Senate’s two-year plan.
LTL
Diesel at Highest Price Since August 2008
Mark Szakonyi, Associate Editor |
Diesel prices across the U.S. hit the highest point since August 2008, rising 1.9 cents in the week ending March 19 as oil prices rose to more than $107 per barrel.
Transport, Trade and Regulation News
LTL
Another C-Level Exec to Leave YRC Worldwide
William B. Cassidy, Senior Editor |
YRC Worldwide Chief Accounting Officer Paul F.
LTL
DOT Report Underscores Need for Infrastructure Investment
Mark Szakonyi, Associate Editor |
A new Department of Transportation report detailing the need to spend $101 billion annually, plus inflation, over the next 20 years to maintain the U.S.
Transport, Trade and Regulation News
Drayage
LTL
LTL's Second Wind
William B. Cassidy, Senior Editor |
The less-than-truckload industry accelerated in 2011, shedding any remnants of lethargy as shipping demand increased and excess LTL capacity dwindled.
LTL
Trucking News
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