Trucking News

Con-way Freight’s revenue per hundredweight in the first quarter of 2013 is expected to increase about 3.5 percent year-over-year, according to an analysis by Con-way, the less-than-truckload unit’s parent company.

Tepper Holdings has acquired a majority interest in Fastfrate Holdings, which wholly controls Consolidated Fastfrate, Canada Drayage and related trucking and logistics operations, from a fund managed by Fenway Partners.

Trucking and shipping interests and consumer advocates alike urged the U.S. Court of Appeals to overturn the latest truck driver hours of service rule Friday, repeatedly calling the Federal Motor Carrier Safety Administration and its latest truck driver work rules “irrational,” a charge the FMCSA tried to refute.

FTR’s Trucking Conditions Index for January, published in its March 2013 Trucking Update, jumped 2.2 points from the previous month to a new reading of 10.6...

Truckload carriers, encouraged by first quarter tonnage trends, are increasingly optimistic that rates will rise and shipments increase in 2013, a survey finds.

The turnover rate for drivers in the truckload sector took a “surprising dip” in the fourth quarter of 2012, probably driven by a weakened economy and overall freight volumes...

The less-than-truckload industry confronted a sizable speed bump last year, as slower economic growth in 2012 hobbled expansion and throttled back steady post-recession gains in annual revenue that the nation’s largest LTL carriers won in 2010 and 2011.

TransForce has indirectly disposed of 500,000 common shares of Vitran Corporation, representing 3.05 percent of the issued and outstanding common shares of Vitran.

A.R.T. Logistics has launched a twice-monthly less-than-truckload service connecting Europe to Ulan Bator in Mongolia.

YRC Freight has mailed a proposal for a new set of network improvements to Teamsters union leadership.

ICT Holdings reported record sales in 2012 rose more than 430 percent compared with 2011.

The 10 less-than-truckload carriers with more than $1 billion in annual revenue increased combined sales 4.3 percent in 2012 to $23.2 billion.

Harbor truckers urged the ports of Los Angeles and Long Beach to do more to make Southern California the gateway of choice for shippers and carriers, and the top item on their wish list is to reduce congestion at marine terminal gates.

PTA Holdings, through its subsidiary Nortford, today announced that operations at its equipment service facility in Fredericksburg, Iowa, have begun.

Love’s Travel Stops is in the process of adding fast-fill compressed natural gas fueling capability to service Class 8 trucks at eight of its travel stops on highways between Dallas, Houston and San Antonio.

Julie A. Su, California Labor Commissioner, has won a California Superior Court trial, after the court ruled that Port of Long Beach truck drivers working for Seacon Logix were employees and not independent contractors.

The nation's 25 largest less-than-truckload motor carriers increased revenue 4.5 percent in 2012, a marked deceleration from 12 percent sales growth in 2011 and a 9.2 percent gain in 2010.

No sooner had fast-growing freight broker XPO Logistics hit its first ambitious annual revenue run rate target of $500 million than CEO Bradley S. Jacobs raised the level for 2013 to $1 billion.

TransForce reported profit in the fourth quarter of 2012 was $36.1 million, falling 13 percent from $41.7 million in the same quarter in the previous year.

XPO Logistics reported a net loss of $9.3 million in the fourth quarter of 2012, compared with a net loss of $1.5 million in the fourth quarter of 2011.

YRC Freight has completed its agreement with Clean Energy Fuels to purchase four liquefied natural gas trucks that will serve the Port of Long Beach and other surrounding areas.

buytruckload.com is a new Chicago-based service in the transportation procurement space, initially offering a search to help shippers find prospective carriers and a survey to improve internal processes.

Shippers hoping for an extra three months of breathing room before new hours-of-service rules take effect — potentially reducing truck capacity — will be dismayed after the Federal Motor Carrier Safety Administration rejected the American Trucking Associations’ delay request.

Sales of used Class 8 trucks dropped 3 percent year-over-year in January and were down 6 percent from December, according to ACT Research.

Third-party logistics provider OIA Global has launched OIA Day-Definite, a new service for less-than-truckload shipments across the U.S.

The gap between the supply of drivers and the demand for them could be costly to the Canadian economy, concluded a Conference Board of Canada report.

Mullen Group reported its profit for the full year of 2012, profit was $130.9 million, increasing 9.6 percent from $119.4 million in 2011.

Costco Teamsters have voted in favor of a new three-year contract that includes a 9 percent wage increase over the term of the agreement, stronger job protections and an improved grievance procedure...

TransCore’s Link Logistics Canadian Freight Index showed load volumes in January increased 25 percent from December 2012 and 4 percent from January 2012, surpassing the record set for the month...

Old Dominion Freight Line has promoted Sam Faucette to serve as the company’s vice president of safety and compliance.

The road freight market in Europe was “subdued” from November 2012 to January 2013, according to the Freightex European Road Freight Rate Index compiled by Transport Intelligence.

A new mobile paradigm is emerging, with mobile devices and apps becoming key connective cogs in the transportation cycle.

In an industry built around mobility, when speed on the front end pays off on the back end, the rapid development of mobile technology makes it more important than ever for freight transportation to adapt and evolve.

The American Trucking Associations’ advanced seasonally adjusted For-Hire Truck Tonnage Index rose 2.9 percent in January, after increasing 2.4 percent in December 2012.

A lackluster outlook for the U.S. trucking industry hasn’t stopped traditional dry van operations from expanding into refrigerated business.