Trucking News

Transportation stocks took a deep dive on Wall Street on Monday, riding a huge selloff in response to the downgrading of U.S. debt that sent the Dow Jones Industrial Average down 635 points.

FedEx Freight will raise its non-contract truck pricing 6.75 percent on Sept. 6, the nation’s largest less-than-truckload motor carrier said Monday.

Car-hauling Teamsters approved a National Master Automobile Transporters Agreement that will raise their wages $1.35 per hour over four years.

President Obama is set to unveil final rules Tuesday that for the first time set fuel efficiency and carbon emission standards for a wide range of commercial trucks and buses.

Truckload carriers seem to be traveling a different route than the rest of the sputtering U.S. economy.

Ports from Oakland, Calif., to New York are adopting clean-trucks programs that will require independent owner-operators who in many cases make $35,000 a year or less to shell out more than $50,000 fo

Most U.S.

Consolidated Chassis Management plans to take over day-to-day management of its six intermodal chassis pools and allow shippers and motor carriers to join container ship lines in supplying the pools w

The U.S. Postal Service lost $3.1 billion in its third fiscal quarter ending June 30, deepening the Postal Service's financial woes as it gets closer to running out of cash.

Trucking employment was essentially flat in July, with for-hire carriers adding only 1,300 jobs for a 0.1 percent increase from June to about 1.28 million employees, according to seasonally adjusted d

Con-way increased its net profit 111 percent to $29.4 million in the second quarter, as the company’s revenue increased 3.2 percent to $1.35 billion.

Capacity at a group of six large U.S.

Refrigerated trucking operator Frozen Food Express Industries cut its net loss by 25 percent from a year ago to $3.3 m

Roadrunner Transportation Systems reported a $7.4 million net profit in the second quarter, as the trucker’s total revenue leaped 30.4 percent to $208.3 million.

Estes Express Lines will raise less-than-truckload rates an average 6.9 percent effective Aug. 8, matching rate hikes by many of its LTL competitors.

Freight shipments declined 3.7 percent in July from the previous month, a sign the sluggish economy is slipping, Cass Information Systems said Wednesday.

Arkansas Best, parent of ABF Freight System, returned to the black for the first time in nearly three years with a $5.3 million net profit in the second quarter on a sharp gain in pricing that pushed

The value of goods transported by truck and rail between the U.S., Mexico and Canada rose 15.7 percent in May, the Bureau of Transportation Statistics said.

Roadrunner Transportation Systems bought West Coast intermodal specialist The James Brooks Co., a $12 million company in 2010, for approximately $7.5 million.

Diesel prices across the United States fell 1.2 cents in the week ending Aug.1, ending t

Old Dominion Freight Line on Monday combined several existing business units to launch a carrier “neutral” third-party logistics provider, Vault Logistics.

Michael J. Smid, the chief operating officer of YRC Worldwide who handled the largest carrier less-than-truckload consolidation in history, left the company Friday.

Universal Truckload Service’s profit slipped 13.9 percent in the second quarter, despite gains in its core truckload revenue, brokerage and intermodal businesses.

Internet retailing giant Amazon.com plans to open three more regional distribution centers in Tennessee this year, part of a broader strategy to build warehousing and fulfillment facilities across the

Leading YRC Worldwide back to profitability may be the toughest job in trucking, and it belongs to James L. Welch.

As James Welch returns to the less-than-truckload company he left four years ago, his big challenge is getting a much different YRC Worldwide and its new industry dynamics to add up to a profit.

A 56 percent increase in individual truck brokerage sales shot second quarter revenue at Echo Global Logistics 38 percent higher than a year ago to $151.5 million.

Truckload carrier CRST International expanded its capacity, revenue base and diversified its business by acquiring Specialized Transportation for an undisclosed sum.

Transport Corporation of India, the country’s largest integrated supply chain and logistics service provider, said Friday its net profit in the first quarter grew 10 percent year-over-year to $3

Truckers that dray containers to and from many of the ocean terminals in the Port of New York and New Jersey say there aren’t enough chassis available in the ocean carriers’ chassis pool t

More than half of the truckload carriers polled in a recent survey said they would be interested in buying or selling their business, Transport Capital Partners said.

Knight Transportation kicked its profit into higher gear in the second quarter, but still struggled with higher purchased transportation, fuel and other costs.

Old Dominion Freight Line increased its profit 83.1 percent to $39.4 million in the second quarter, as revenue rose 30.4 percent from a year ago to $480.3 million.

YRC Worldwide named Jamie G. Pierson, a managing director with Alvarez & Marsal North America, interim chief financial officer while it seeks a permanent CFO.

Intermodal service provider Hub Group’s second quarter profit rose 49 percent year-over-year to $14.4 million, powered by a 12 percent increase in shipments loaded onto railcars.

Multiregional less-than-truckload carrier Saia increased its year-over-year profit 41 percent to $8.3 million in the second quarter, as its revenue rose 15 percent to $266 million.

Higher costs and less efficient use of its trucks drove Covenant Transportation Group’s profit down 42.7 percent year-over-year in the second quarter to $1.7 million.

Ryder System’s net profit leaped 34.2 percent year-over-year to $40 million in the second quarter, as revenue climbed 18.1 percent to $1.5 billion in the second quarter.

Truckload carrier Celadon Group more than doubled its profit in the second quarter despite a 1.2 percent drop in freight revenue to $115.3 million.

Major railcar and barge builder Trinity Industries's soared 63 percent in the second quarter to $30 million, despite disruptions to a barge production facility in Missouri.