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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
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
Obama Draft Plan Eyes VMT, Interstate Tolling
John D. Boyd |
The Obama administration has been floating draft language for surface transportation legislation that could lead to a tax on vehicle miles traveled, allow states to impose tolls on some existing inter
Transport, Trade and Regulation News
Trucking News
Rail News
California Assembly to Vote on Port Trucker Classification
Bill Mongelluzzo |
Labor interests in California are taking the battle over the job classification of drayage truck drivers to the State Assembly with a bill that would define the drivers who serve ports and intermodal
Transport, Trade and Regulation News
Trucking News
Surface Transport Bill Drafting in Progress, Mica Says
John D. Boyd |
Congressional staff on the House Transportation and Infrastructure is making progress drafting legislative language of what could become the panel’s six-year surface transportation bill, said Ch
Transport, Trade and Regulation News
Trucking News
Rail News
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
Covenant Transportation Loses $2.5 Million
William B. Cassidy |
Winter weather, low West Coast demand and rising costs contributed to a $2.5 million first quarter net loss at truckload carrier Covenant Transportation.
Truckload
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
Diesel Rises 2.6 Cents to $4.124 per Gallon
Thomas L. Gallagher |
Retail diesel prices resumed their long upward trend after a one-week lull as the average price at the pump rose 2.6 cents to $4.124 per gallon, according to the U.S.
Trucking News
EZE Trucking Acquires Patterson Motor Freight
William B. Cassidy |
Transportation acquisition activity reached the heavy haul trucking industry with EZE Trucking's purchase of Bakersfield, Calif.-based Patterson Motor Freight.
Trucking News
Fixing Blame at the Gates
Bill Mongelluzzo |
Attendees at the March 31 Pulse of the Ports meeting in Long Beach saw a stark demonstration of what terminal operators believe is the cause of congestion at the port complex.
Port News
Maritime
Trucking News
Time to Pay the Driver
William B. Cassidy |
Truck drivers may soon see solid evidence of economic recovery in their paychecks.
Trucking News
Trucking labor
Merging Roads for Modes?
William B. Cassidy |
For shippers and trucking companies, the road doesn’t have to end at the water’s edge.
Trucking News
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
Landstar Profit Up 20 Percent in First Quarter
William B. Cassidy |
Landstar System increased revenue 4.4 percent in the first quarter to $572 million, a slower rate of growth than in recent quarters at the truckload carrier group.
Truckload
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
Diesel Slips to $4.098 per Gallon
Thomas L. Gallagher |
Retail diesel prices slipped seven-tenths of a cent to an average of $4.098 per gallon last week, according to the U.S. Energy Information Administration.
Trucking News
ABF Freight Reports $22.6 Million Loss
William B. Cassidy |
ABF Freight Systems increased revenue and tonnage by double digits in the first quarter, but fuel prices and weak pricing contributed to a $22.6 million loss.
Trucking News
LTL
YRC Declares Progress on Restructuring
William B. Cassidy |
Trucking giant YRC Worldwide said it is making "significant progress" toward completing key steps in its restructuring plan before an April 29 deadline.
Trucking News
LTL
Trucking labor
Shanghai Port Trucking Stoppages Ease
JOC Staff |
A five-day-old trucker strike at the Port of Shanghai eased significantly over the weekend following intervention by the mayor and a series of concessions offered to drivers, including a rollback of f
Port News
Forwarding
Trucking labor
Fuel Costs Cut Knight Transportation Profit
Dana L. Brundage |
Trucking giant Knight Transportation's net profit fell 19.5 percent in the first quarter from the same period a year ago to $9.9 million as rising fuel and other operating costs&nb
Trucking News
Werner Profit Jumps 50 Percent on Tight Capacity
JOC Staff |
Werner Enterprises saw its net profit surge 50.3 percent in the first quarter over the same quarter a year ago to $16.3 million as freight demand picked up momentum in the Midwest amid tight capacity
Truckload
Trucking News
USA Truck Loses $2.7 Million Despite Revenue Growth
JOC Staff |
Truckload carrier USA Truck lost $2.7 million in the first quarter despite a 17.4 percent surge in overall revenue to $124 million as tougher operating conditions and higher fuel costs hit the company
Truckload
Trucking News
Trucking labor
Chinese Truckers Protest High Fuel Costs, Private Fees
Dana L. Brundage |
Chinese truck drivers are striking this week in Shanghai due to rising fuel costs and increased fees charged by private warehouse operators.
Transport, Trade and Regulation News
Forwarding
Trucking labor
Heavy Truck Orders Jump 20 Percent
William B. Cassidy |
The backlog in Class 8 truck orders reached levels in March not seen since 2006, as net orders jumped almost 20 percent from February, ACT Research said.
Trucking News
Truck Maker Paccar Profit Nearly Triples
William B. Cassidy |
Strong heavy-duty truck sales drove first-quarter revenue up 47 percent to $3.28 billion at Paccar. Excluding financial services, net sales were up 53 percent.
Trucking News
Trucker Heartland Express Boosts Profit 25 Percent
William B. Cassidy |
Heartland Express increased operating revenue 10.4 percent to $127.7 million in the first quarter, raising net income 25.2 percent to $14.9 million.
Truckload
Trucking News
Truck Part Sales Drive Growth, Profit at Eaton
William B. Cassidy |
Higher demand for heavy trucks helped boost revenue and earnings at component manufacturer Eaton, which reported $3.8 billion in total sales in the first quarter.
Trucking News
Hub 1Q Profit Rises 21 Percent to $10.5 Million
John D. Boyd |
Intermodal service provider Hub Group reported a $10.5 million profit for the first quarter, up 21 percent from a year earlier.
Intermodal providers
Trucking News
Rail News
Truckload Capacity Index Drops 10.7 Percent
William B. Cassidy |
A key measure of truck capacity and demand dropped 10.7 percent last week, indicating some easing of over-the-road capacity constraints in mid-April.
Truckload
Trucking News
Canadian Freight Market Heats Up
William B. Cassidy |
Rising freight demand is spilling across borders, sending spot market truck freight volume in Canada up 35 percent year-over-year in March, said TransCore.
Trucking News
LTL
Truck brokers
Diesel Climbs 2.7 Cents to $4.105 per Gallon
Thomas L. Gallagher |
Diesel prices climbed 2.7 cents last week to a national retail average of $4.105 per gallon, according to the U.S. Energy Information Administration.
Trucking News
Truck Driver Pay Rising
William B. Cassidy |
Truck driver pay is heading up, with a 2.2 percent increase in February from January and a 4.6 percent increase year-over-year, according to Longbow Research.
Trucking News
Trucking labor
Choptank Transport Expands in Southeast
William B. Cassidy |
Choptank Transport, an asset-based third-party logistics company in Preston, Md., opened a regional office in Atlanta, expanding its footprint in the Southeast.
Trucking News
LTL
Truck brokers
A Chemical Reaction
William B. Cassidy, Senior Editor |
Transplace’s purchase of SCO Logistics is aimed at bringing revenue, expanded services, new customers and new talent to the Dallas-based logistics operator.
Transport, Trade and Regulation News
Maritime
Trucking News
Rail News
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