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ltl
LTL
The latest
LTL
News & Analysis
Obama Considers Tapping Oil Reserves
John D. Boyd |
President Obama is keeping open the option of drawing oil out of the U.S.
Transport, Trade and Regulation News
Maritime
Air Cargo
Trucking News
Rail News
Air Cargo Carriers News
Container lines
LTL
North-American rail
Truckers Seek Safety Standards
William B. Cassidy |
Two national trucking groups called on the Department of Transportation to begin researching the benefits of crashworthiness standards for heavy trucks.
Trucking News
Transport, Trade and Regulation News
LTL
Geodis Wilson Buys One Source Logistics
Bruce Barnard |
Geodis Wilson strengthened its position in the U.S.
Logistics Technology News
LTL
Truck brokers
Trucker ODFL Expands Drayage Operations
By William B. Cassidy |
Old Dominion Freight Line, a less-than-truckload carrier, is driving deeper into drayage, opening a container drayage facility in Mobile, Ala.
Trucking News
LTL
Shippers Expect 9 Percent Boost in Transport Spending
William B. Cassidy |
Shippers are bracing for higher transportation costs, even as the economy slows, according to a second-quarter survey of more than 2,000 logistics managers.
Trucking News
Rail News
LTL
Deutsche Post DHL Buys LTL Trucker
William B. Cassidy |
German logistics giant Deutsche Post DHL purchased Standard Forwarding, a five-state less-than-truckload motor carrier in East Moline, Ill.
LTL
Trucking News
Air Cargo Forwarder News
Truckload Capacity Index Up 14 Percent
William B. Cassidy |
Truckload capacity appears to be tightening again, after loosening in April, according to a key measure of industry equipment supply and demand.
Truckload
Trucking News
LTL
YRC Worldwide Resumes Pension Contributions
William B. Cassidy |
YRC Worldwide is once again contributing to Teamsters pensions, but at much lower level than it did before suspending those contributions in July 2009.
LTL
Trucking labor
Con-way Sends $200,000 to Aid Joplin Tornado Relief
William B. Cassidy |
Transportation and logistics giant Con-way will send $200,000 to help tornado survivors rebuild in Joplin, Mo., the home of its Con-way Truckload division.
Truckload
Trucking News
LTL
Roadrunner Buys Bruenger Trucking
William B. Cassidy |
Roadrunner Transportation Systems acquired M. Bruenger Trucking, a truckload carrier with headquarters in Wichita, Kans., for approximately $10.6 million.
Trucking News
LTL
FMCSA to Delay Hours-of-Service Rule Release
William B. Cassidy |
The Federal Motor Carrier Safety Administration will delay the release of its controversial new truck driver hours-of-service rules until October.
Trucking News
Transport, Trade and Regulation News
LTL
Trucking Dashboard
William B. Cassidy |
Despite winter storms and rising energy costs, publicly owned trucking companies gained ground in the first quarter, buoyed in part by an expansion in manufacturing.
Trucking News
LTL
Trailer Orders Fell 30 Percent in April
William B. Cassidy |
Net orders for commercial truck trailers dropped 30 percent in April from March after climbing for 18 straight months, according to ACT Research.
Truckload
LTL
Kansas Expedites Tornado Relief Efforts
William B. Cassidy |
Following Missouri’s lead, the state of Kansas is suspending some motor carrier rules to expedite relief shipments heading to tornado victims in Joplin, Mo.
Trucking News
LTL
ATA Truck Tonnage Index Slipped in April
William B. Cassidy |
Seasonally adjusted for-hire truck tonnage fell 0.7 percent in April, decelerating from a revised 1.9 perc
Trucking News
LTL
Diesel Drops 6.4 Cents Per Gallon
JOC Staff |
The average price of diesel fell 6.4 cents in the past week to $3.997 a gallon across the U.S., the first time it has been below $4 in nearly two months, according to the U.S.
Trucking News
Transport, Trade and Regulation News
LTL
Trucker Pitt Ohio to Upgrade Fleet
William B. Cassidy |
Regional less-than-truckload carrier Pitt Ohio will purchase 125 tractors and 100 trailers this year, as the company benefits from a “solid” if not robust economic recovery.
LTL
Truck Spot Market Volume Slipped in April
William B. Cassidy |
TransCore’s North American Freight Index fell 14 percent in April from March, when the index reached its highest level since 2005 after three months of posting record numbers.
Trucking News
LTL
Key Cross-Border Trucking Route Reopens
William B. Cassidy |
A key cross-border trucking route linking Western Canada and the U.S. is open to traffic Tuesday after being closed for nearly a month because of severe flooding.
Trucking News
LTL
LTL Pricing in Higher Gear
William B. Cassidy |
Less-than-truckload carriers spent the better part of last year stuck behind truckload operators, struggling to raise rates.
LTL
Truck Market Tightens for Shippers, Index Shows
William B. Cassidy |
Market conditions are worsening for U.S. shippers as truck capacity tightens and fuel prices and surcharges rise, an index released by FTR Associates shows.
Trucking News
LTL
UCLA-Ceridian Trucking Index Drops 0.5 Percent
William B. Cassidy |
The Ceridian-UCLA Pulse of Commerce Index fell 0.5 percent in April after rising 2.7 percent in March, underscoring what the index sponsors called a “fitful” recovery.
Trucking News
LTL
Truck brokers
Bill Aims to Increase Truck Parking Spaces
William B. Cassidy |
Rep. Paul Tonko, D-N.Y., will re-introduce a bill Wednesday aimed at creating safer and more secure parking spaces for long-haul truck drivers.
Transport, Trade and Regulation News
Trucking News
LTL
YRC Worldwide to Hire Network Engineers
William B. Cassidy |
YRC Worldwide is searching for engineers to help optimize its network to save fuel — and money — by making the trucking company greener and more efficient.
Trucking News
LTL
Truck Pricing Steps Up
William B. Cassidy |
When it comes to rates, there’s an ocean of difference between global shipping lines and North American domestic carriers.
Trucking News
LTL
Yield Signs Brighten
William B. Cassidy |
Slow growth, or even declining revenue, isn’t necessarily a bad thing — if it comes with higher earnings.
Trucking News
LTL
YRC Almost Fully Diluted
William B. Cassidy |
YRC Worldwide may have cleared perhaps the largest obstacle to its survival by securing an accord on a restructuring plan to cut debt and boost liquidity, but it almost certainly will not be the last
LTL
Trucking News
Trucking labor
Demand Boosts Con-way Revenue 7.2 Percent
William B. Cassidy |
Transportation and logistics giant Con-way increased revenue 7.2 percent to $1.3 billion in the first quarter, reporting a $6.9 million profit.
Trucking News
LTL
YRC’s Zollars: LTL Truck Rates Will Keep Rising
William B. Cassidy |
Less-than-truckload pricing will continue to rise throughout 2011, as a stronger economy “soaks up” excess capacity, said YRC Worldwide’s William D. Zollars.
LTL
Trucking News
YRC Worldwide Loss Shrinks to $102 Million
William B. Cassidy |
A surge in freight in March and higher prices buoyed YRC Worldwide in the first quarter but couldn’t bring the troubled less-than-truckload giant back to profitability.
Trucking News
LTL
Saia Increases Profit, Boosts Revenue 15 Percent
William B. Cassidy |
Higher tonnage, shipments and pricing drove less-than-truckload carrier Saia further into the black in the first quarter, with a net income of $713,000.
LTL
Trucking News
Roadrunner Profit Soars 350 Percent
William B. Cassidy |
Strong demand and higher prices lifted first quarter revenue 20 percent for less-than-truckload and truckload operator Roadrunner Transportation Systems.
LTL
Trucking News
Matson Swings to First-Quarter Loss
Peter T. Leach |
Matson Navigation swung to an operating loss of $7.4 million in the first quarter ended March 31 from a profit of $10.4 million in the same quarter a year earlier, as soaring fuel prices ate up the in
Container lines
Maritime
Forwarding
LTL
YRC Worldwide Reaches Restructuring Agreement
William B. Cassidy |
New debt restructuring agreements YRC Worldwide reached with lenders and pension funds will allow the carrier to meet a key deadline in its bid to avoid bankruptcy.
LTL
Trucking News
Trucking labor
Deadly Storms Leave Transport Struggling
John D. Boyd |
Alabama and other states nearby are trying to clear away debris that hampers transportation systems and to restore power to businesses and homes, following a devastating tornado outbreak this week tha
Transport, Trade and Regulation News
Air Cargo Forwarder News
LTL
North-American rail
Rising Profit, Sales Prime ODFL for Expansion
William B. Cassidy |
Old Dominion Freight Line stayed on course for stronger profitability and greater market share in the first quarter, with a 180 percent increase in net income.
LTL
Trucking News
C.H. Robinson Revenue Rises 14 Percent
William B. Cassidy |
Truck rates and volume outpaced first-quarter cost increases at C.H. Robinson Worldwide, bolstering the non-asset transportation giant's revenue and profit.
Trucking News
LTL
Truck brokers
Yusen Names Granger Head of Capacity Procurement
Peter T. Leach |
Yusen Logistics (Americas) hired Doug Granger as director of capacity procurement and intermodal equipment management.
Transport, Trade and Regulation News
Forwarding
LTL
Truck brokers
Used Truck Prices Rise 6 Percent
William B. Cassidy |
The average sales price of used heavy-duty trucks increased 6 percent in March from February, as demand for capacity collided with a short supply of older vehicles.
Trucking News
LTL
Truck Tonnage Grows 1.7 Percent in March
William B. Cassidy |
The American Trucking Associations seasonally adjusted For-Hire Truck Tonnage Index increased 1.7 percent in March after falling a
Trucking News
LTL
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