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trucking news
Trucking News
Discover comprehensive trucking news and trends with Journal of Commerce - from trucking LTL to regulation and trucking supply and demand.
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LTL
Truck brokers
Trucking labor
Truckload
Flatbed
The latest
Trucking News
& Analysis
FMCSA Shutting Down More Unsafe Bus Operators
William B. Cassidy |
The U.S. Department of Transportation is making it harder for unsafe bus and truck operators to stay in business and making rule-breaking more costly.
Trucking News
Spike in Transport Performance Highlights Need
John D. Boyd |
An annual performance measure of the U.S.
Transport, Trade and Regulation News
Maritime
Trucking News
Rail News
Diesel Prices Rise for Second Consecutive Week
Mark Szakonyi |
Diesel prices across the United States increased 2.4 cents a gallon in the week ending July 18, rising for the second consecutive week just a crude oil prices fell, largely because of European and U.S
Trucking News
Con-way Freight to Raise Rates 6.9 Percent
William B. Cassidy |
Con-way Freight will hike its tariff rates 6.9 percent Aug. 1, matching general rate increases announced this month by UPS Freight and ABF Freight System.
LTL
Trucking News
TTSI Plans to Buy 100 Hydrogen Trucks
Mark Szakonyi |
Total Transportation Services, a Long-Beach, Calif-based port drayage company, plans to buy 100 hydrogen fuel cell plug-in e
Trucking News
North American ports
LTL
Shippers’ Index Improves, Still Negative
Joseph Bonney |
FTR Associates’ monthly Shippers Condition Index rose this month, indicating that market influences affectin
Trucking News
LTL
Kuehne + Nagel Buys Brazilian Transport Firm
Bruce Barnard |
Transport, Trade and Regulation News
Air Cargo
Trucking News
Who's Holding the Wheel?
Joseph Bonney |
The Teamsters union and environmental groups are taking a new tack in their long, so far unrewarding campaign to organize port container haulers.
Maritime
Trucking News
Transport, Trade and Regulation News
Trucking labor
Winning the Border War
Troy Ryley and John Baird |
Security continues to be a key issue for shippers doing business in Mexico. The rise in cross-border surface trade between the U.S.
Trucking News
Forwarding
Trucking labor
Restructuring Draws Closer
William B. Cassidy |
After securing a $400 million asset-based loan, the last remaining step is the sale of $100 million worth of convertible preferred securities to its lenders, a company official said.
LTL
Trucking News
Poised at the Border
William B. Cassidy |
When the first Mexican truck in a new cross-border trucking pilot project rolls into the U.S., it will bring an end to punitive Mexican tariffs on U.S. goods.
Transport, Trade and Regulation News
Trucking News
Trucking labor
LTL Carriers Take Aim at Rates
William B. Cassidy |
For a quick gauge of where truck pricing is headed, check tire prices.
LTL
Trucking News
YRC Worldwide Projects Second Half Operating Profit
William B. Cassidy |
YRC Worldwide expects its revenue to rise about $600 million this year to $4.9 billion and to report an operating profit of $4.2 million in the second half.
Trucking News
LTL
J.B. Hunt Transport Profit Jumps 26 Percent
William B. Cassidy |
J.B.
Trucking News
Rail News
FedEx Raising Spending to $4.2 Billion in 2012
William B. Cassidy |
FedEx will increase capital spending 24 percent over the next year, adding $800 million as it replenishes its fleets with new aircraft, trucks and tractors.
Air Cargo Carriers News
Air Cargo Forwarder News
LTL
Class 8 Truck Order Backlog Expands
William B. Cassidy |
The backlog of Class 8 trucks on order to be built is getting bigger, as demand for new trucks remains strong despite a slowing economy, ACT Research said.
Truckload
Trucking News
LTL
Truckload Shipping Volume, Rates Rose in June
William B. Cassidy |
Truckload shipping volumes increased 2 to 3 percent in June from the previous month, with rates rising 4 to 5 percent, according to Longbow Research.
Trucking News
LTL
DOT Freight Index Hits Six-Month Low
Joseph Bonney |
Freight carried by for-hire transportation carriers declined 1.8 percent in May from April to its lowest level since November, the Transportation Department’s Freight Transportation Services Ind
Transport, Trade and Regulation News
Maritime
Air Cargo
Trucking News
Rail News
YRC Worldwide to Draw $255 Million on New Loan
William B. Cassidy |
YRC Worldwide expects to draw $255 million from its new $400 million asset-based loan to help repay its existing asset-based loan and set up an escrow account.
Trucking News
LTL
UCLA-Ceridian Trucking Index Rises in June
William B. Cassidy |
The Ceridian-UCLA Pulse of Commerce index pulled out of its two-month slide with a 1 percent increase in June, though it remains lower than it was in March.
Trucking News
LTL
Diesel Prices Rise First Time in a Month
Mark Szakonyi |
Diesel prices across the United States jumped 4.9 cents a gallon in the week ending July 11, rising for the first time in a month just as oil prices on world markets showed new upward pressure, the U.
Trucking News
Truckload Capacity Index Drops 16.5 Percent
William B. Cassidy |
A key measure of truckload capacity eased last week, after tightening for several weeks.
Trucking News
Gas Companies Plan LNG Truck Fueling Network
William B. Cassidy |
A major natural gas company is investing $150 million in a venture that would build 150 liquid natural gas fueling stations for heavy trucks at truck stops nationwide.
Truckload
LTL
Greatwide Logistics Picks Former Airline Chief As CEO
William Cassidy |
Greatwide Logistics tapped John P. Tague, the former president of United Airlines, as chief executive officer, succeeding veteran trucking executive Leo Suggs.
Trucking News
Truck brokers
Advocate Sees Container-on-Barge Potential
R.G. Edmonson |
Container-on-barge service could be a $500 million business on the inland waterways, but the federal government hasn’t been willing to test the idea on a large scale to prove its value, accordin
Maritime
Trucking News
Rail News
Schneider National Adding 300 Drivers
Mark Szakonyi |
Schneider National is looking to hire 300 truck drivers in Texas, Oklahoma and New Mexico for its dedicated and bulk divisions to serve the region’s booming oil business.
Truckload
Trucking labor
YRC Worldwide Gets $400 Million From Lenders
William B. Cassidy |
Trucking giant YRC Worldwide secured a $400 million asset-based loan facility from its lenders, a key step toward completing its
LTL
Trucking News
YRC Worldwide Closes In on Restructuring
William B. Cassidy |
YRC Worldwide is one step away from completing its financial restructuring by a July 22 deadline, a key official at th
Trucking News
LTL
Trucking labor
YRC Worldwide Names Christopher Wren Treasurer
William B. Cassidy |
YRC Worldwide named financial executive Christopher C. Wren senior vice president and treasurer of the $4.3 billion trucking enterprise.
Trucking labor
Trucking News
LTL
FMC to Discuss PierPass Fee Hike
R.G. Edmonson |
The Federal Maritime Commission will discuss a proposal to increase the PierPass traffic mitigation fee to $60 per TEU when it meets July 13.
Maritime
Trucking News
Forwarding
Trucking Payroll Rose 0.3 Percent in June
William B. Cassidy |
The for-hire trucking industry is adding workers to company payrolls while the national unemployment rate continues to rise.
Trucking labor
Trucking News
LTL
Spot Market Truckload Rates Up 4.5 Percent
William B. Cassidy |
Spot market truckload rates rose 4.5 percent in June from May, according to TransCore Freight Solutions, as truckload capacity dropped 7 percent.
Truckload
Trucking News
Truck brokers
Freight Broker Revenue Grows 17.1 Percent
JOC Staff |
Freight brokers increased their revenue 17.1 percent in the first quarter from the same period a year ago as the third-party logistics companies expanded fastest in business beyond their cor
Truck brokers
Trucking News
LTL
Indian Port Trucker Strike Ends
JOC Staff |
A five-day-old trucker strike at India's Vallarpadam International Container Transshipment Terminal ended late Wednesday following talks between union leaders and terminal operator DP World.
Port News
Maritime
Trucking News
Forwarding
House Democrat Targets Mexican Trucking Program
William B. Cassidy |
Rep.
Trucking News
Transport, Trade and Regulation News
ABF Wins Appeal on YRC, Teamsters Suit
William B. Cassidy |
ABF Freight System won an important victory in its challenge to wage and benefits concessions the Teamsters union granted YRC Worldwide and its subsidiaries.
Trucking labor
Trucking News
LTL
NJ Port Drivers Sue Over Contractor Status
Joseph Bonney |
Owner-operator truck drivers this week sued one of the largest drayage operators at the Port of New York and New Jersey, claiming the company improperly classified them as independent contractors inst
Trucking labor
DHL Starts NY-Durban LCL Service
Peter T. Leach |
DHL is starting a weekly less-than-containerload ocean service from New York Harbor to Durban, South Africa.
Trucking News
Air Cargo Forwarder News
ABF Freight Hikes LTL Truck Rates 6.9 Percent
William B. Cassidy |
Trucking company ABF Freight System will raise general less-than-truckload rates 6.9 percent July 25, the company said Wednesday.
LTL
Analysts Expect More LTL Rate Hikes
William B. Cassidy |
UPS Freight’s Aug. 1 rate hike is likely to set off a round of early general rate increases in the less-than-truckload market, key financial analysts said.
Trucking News
LTL
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