Trucking News

The 2009 recession changed the trucking industry "fundamentally," forcing deep changes in less-than-truckload and truckload operations, Con-way CEO and president Douglas W.

A truck strike over working conditions in South Korea continued to paralyze import and export trade Thursday.

The American Trucking Associations will hold its first-ever conference in late November on the opportunities burgeoning natural gas production could provide to the trucking industry.

Swift Transportation, the nation's largest truckload carrier, will offer truck drivers quarterly performance-linked bonuses that it says could add up to 6 cents per mile to their pay.

Virginia International Terminals implemented new terminal-operating software at the Port of Richmond.

The value of surface transportation trade between the U.S. and Canada and Mexico in April rose 8.2 percent year-over-year but fell 6.9 percent from March, according to the Bureau of Transportation Statistics.

Diesel prices in the U.S. hit the lowest point since February 2011, falling 5.1 cents in the week ending June 25 as oil prices fell to a little over $79 per barrel.

By acquiring Panther Expedited Services, a $215 million non-asset trucking and logistics operator, holding company Arkansas Best is reaching beyond its core less-than-truckload market to pursue what i

YRC Freight plans to raise base rates 6.9 percent on average, matching rate increases announced by several compe

FedEx Freight reported a $162 million operating profit for fiscal 2012 on $5.3 billion in revenue, its first annual profit since 2008, when it earned $329 million.

Con-way Freight will raise its non-contract rates 6.9 percent on average July 9, becoming the third less-than-truckload carrier to announce a rate hike.

YRC Worldwide regional carrier Holland plans to hire 450 truck drivers to meet rising shipper demand for next-day less-than-truckload service.

Manufacturer 3M agreed to acquire Federal Signal Technologies Group, a unit of Federal Signal focused on electronic tolling technologies, for $110 million.

FedEx CEO Fred Smith said more shippers are transporting goods via ocean shipping at the expense air carriers, a modal shift reflected in the parcel giant’s recent earnings report.

For-hire truck tonnage fell 0.7 percent in May from April but grew at a slightly brisker pace on a year-over-year basis, 4.1 percent, reflecting a slowing, not stalling, of economic growth.

YRC Freight said it has cut at least one day of delivery time on hundreds of its North American supply chain lanes through the streamlining of its less-than-truckload network.

FedEx plans to retire older planes and take delivery of fewer new aircraft as the parcel

U.S.

Arkansas Best, parent of less-than-truckload operator ABF Freight System, is acquiring non-asset carrier Panther Expedited Services for $180 million.

Truckload rates shifted into lower gear in May, rising only 5 percent from a year ago and staying basically flat from April, according to Cass Information Systems.

As trucking capacity tightens, shippers are increasingly concerned about their ability to get goods to customers on time, logistics executives said Wednesday.

U.S.

An early start to negotiations with UPS will allow the Teamsters union to focus on discussions over job security, wages, health care and pensions in January, the union said.

Manitoulin Global Forwarding, an international freight forwarder is expanding in western Canada, acquiring Can-Tran International of Leduc, Alberta.

Allied Systems Holdings filed for Chapter 11 bankruptcy protection from creditors June 10, saying it would keep its auto-hauling trucks rolling as it reorganizes.

Diesel prices in the U.S. hit the lowest point since October, falling 6.5 cents in the week ending June 11 as oil prices rose to nearly $85 a barrel.

Federal regulators shut down Wisconsin trucker WTSA US Express, the seventh motor carrier ordered off th

Volkswagen, the German auto and commercial vehicle manufacturer, is mulling the purchase of a stake in U.S. truck maker Navistar International, according to media reports.

Shippers are increasingly turning to railroads instead of trucks to tap the booming surface trade between the U.S. and its closest neighbors.

Could “used-truck salesman” be one of the best jobs in trucking? Follow the money. “It’s a great time to be a used-truck dealer,” said Steve Tam of ACT Research.

FedEx Freight, the nation’s largest stand-alone less-than-truckload carrier, is first out of the gate to raise pricing this summer with a

Celadon Trucking acquired a portion of the equipment of Hiner Transport, a truckload carrier based in Huntington, Ind. Terms of the deal were not disclosed.

Energy giant Shell Oil and truck stop chain TravelCenters of America agreed to build and operate a nationwide natural gas fueling stations for heavy-duty trucks.

The U.S.

The Cass Freight Index increased in May, despite signs of

Echo Global Logistics acquired the assets of Plum Logistics, a refrigerated truckload freight brokerage in Wakefield, Mass., doing business as Purple Plum.

Roadrunner Transportation Systems strengthened its truckload division by acquiring CTW Transport, a refrigerated food hauler in Peabody, Mass.

Bulk trucking giant Quality Distribution expanded further into the oil and gas shale business, completing its acquisition of Wylie Bice Trucking of North Dakota.

Canadian bulk trucking giant Trimac signed a three-year contract worth $36 million to haul limestone aggregate for Hammerstone, a Calgary-based company.

Trucking employment increased by about 7,300 jobs in May, a 3.4 percent increase from a year ago, according to Bureau of Labor Statistics da