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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
Navistar Net Profit Falls 55 Percent as Truck Sales Rise
John D. Boyd |
Heavy truck and engine maker Navistar International reported a 55 percent drop in net earnings for its fiscal fourth quarter that ended Oct. 31, to $39 million from $86 million a year earlier.
Trucking News
YRC Seeks More Time to Restructure
JOC Staff |
YRC Worldwide is asking the Teamsters union and pension fund managers for more time to restructure the trucking company’s troubled balance sheet.
Trucking News
LTL
Trucking labor
Ryder Acquires Southern Calif. Leasing Company
Joseph Bonney |
Ryder System agreed to acquire Carmenita Leasing, a truck leasing and rental business in Santa Fe Springs, Calif., for an undisclosed price.
Trucking News
Diesel Price Rises to October 2008 Level
Thomas L. Gallagher |
In the third increase in as many weeks, the national average retail price for diesel fuel last week climbed 1.7 cents to $3.248 per gallon, the highest price since October 2008, when the average price
Trucking News
DOT Proposes Cell Phone Restrictions
JOC Staff |
The U.S.
Transport, Trade and Regulation News
Trucking News
Shock Absorbing on Safety Rule
William B. Cassidy |
The public debut of CSA 2010 sent up red — or orange — flags across the trucking industry and among shippers, freight brokers and even on Wall Street.
Transport, Trade and Regulation News
Trucking News
Trucking labor
Blocking That Diversion
Peter T. Leach |
The ports of Baltimore and Virginia hunger for the cargo that moves through the Port of New York and New Jersey to and from points beyond the densely populated region around the East Coast’s big
Maritime
Trucking News
Rail News
Forwarding
Big Challenges for Small Carriers
William B. Cassidy |
Truckload carriers have high hopes for 2011, but how high those hopes fly depends on how much weight a company carries.
Trucking News
Charleston Plans Truck-Replacement Program
Joseph Bonney |
The South Carolina State Ports Authority said it will participate in a regional program to help owners replace older drayage trucks, including the approximately 262 pre-1994 models that visit the Port
Maritime
Trucking labor
Trucking Bankruptcies Drop 18.5 Percent
William B. Cassidy |
Trucking bankruptcies fell 18.5 percent from a year ago in the third quarter to 330 closings, taking 10,685 trucks out of the market, according to Avondale Partners.
Trucking News
Swift Completes $806 Million Public Offering
William B. Cassidy |
Swift Transportation is back on Wall Street after raising $806 million in its initial public offering, selling 73.3 million shares of stock for $11 each.
Trucking News
Trucking Official Says Contractor Ruling Impact Limited
William B. Cassidy and Bill Mongelluzzo |
A federal judge's ruling dismissing many lawsuits involving FedEx Ground contractors likely won't affect broader battles over the classification of transportation workers at ports and on highways, a t
Trucking News
Forwarding
LTL
Trucking labor
Judge Called ABF, YRC Teamster Contracts Separate
William B. Cassidy |
ABF Freight System's withdrawal from an industry bargaining group in 2007 undermined its lawsuit against rival trucker YRC and the Teamsters union.
Trucking News
LTL
Trucking labor
Judge Dismisses ABF Suit Against YRC
JOC Staff |
A federal judge on Thursday dismissed a lawsuit ABF Freight System filed against rival trucker YRC Worldwide and the Teamsters aimed at blocking a labor agreement central to YRC’s survival.
Trucking News
LTL
Trucking labor
ATA Starts Campaign Against Changed Hours Rule
JOC Staff |
The American Trucking Associations launched a Web site on Thursday dedicated to efforts to keep the federal government from changing truck driver hours of service rules.
Trucking News
ABF to Clash with YRC, Teamsters in Court
William B. Cassidy |
A federal judge will hear arguments Dec. 16 on whether to dismiss a lawsuit that could reshape unionized trucking and threaten the survival of YRC Worldwide.
Trucking News
LTL
Trucking labor
TransForce Acquires Dynamex for $248 Million
William B. Cassidy, Senior Editor |
Canadian trucking giant TransForce closed its $248 million acquisition of Dynamex Tuesday, outbidding transportation investment group Greenbriar Equity.
LTL
Air Cargo Forwarder News
Analyst Downgrades Intermodal Stock Ratings
John D. Boyd |
Transportation analyst John Larkin of Stifel Nicolaus is downgrading his stock ratings of three major intermodal companies, to 'hold' from 'buy,' citing their current valuations and the potential for
Rail News
Trucking News
North-American rail
Judge Rules For FedEx on Independent Drivers
JOC Staff |
A federal judge's ruling for FedEx in a series of lawsuits claiming the company misclassified package drivers as independent contractors strikes a serious blow to attempts to have the workers labeled
Air Cargo
Air Cargo Forwarder News
Trucking labor
6.2 Million Trucks Cross Eastern US-Canada Border
R.G. Edmonson |
A total of 6.2 million trucks crossed the eastern U.S.-Canada border so far in 2010, with growth across all 10 bridges.
Trucking News
Diesel Jumps to Highest Price Since October 2008
Thomas L. Gallagher |
Retail diesel prices shot up another 3.4 cents last week to hit $3.231 per gallon, the second multi-year record in two weeks as the average cost climbed past October 2008 numbers.
Trucking News
Federal Truck Safety Site Temporarily Disabled
William B. Cassidy |
The federal government's Web site detailing trucking company safety results was temporarily disabled Monday as a new safety program triggered huge demand.
Trucking News
LTL
Court to Expedite Filings in Clean-Truck Case
Bill Mongelluzzo |
The U.S.
Maritime
Forwarding
Trucking labor
FMCSA Launches Truck Safety Program Online
William B. Cassidy |
Trucking company safety scores in five performance categories are available online following the Dec. 12 launch of the Comprehensive Safety Analysis 2010, or CSA.
Trucking News
LTL
Another Bite From the Big Apple
Joseph Bonney |
The Port of New York and New Jersey will implement an infrastructure fee on all cargo to pay for intermodal rail and road infrastructure and security.
Maritime
Trucking News
Rail News
Swift Builds Muscle
William B. Cassidy |
Swift Transportation is raising the ante in its initial public offering to $1 billion as the truckload business gains traction.
Trucking News
Court Clears Trucking Safety Program Launch
William B. Cassidy |
The U.S. Court of Appeals in Washington cleared the Department of Transportation to launch its CSA 2010 trucking safety program as early as this weekend, denying a request for a delay.
Trucking News
Transport, Trade and Regulation News
LTL
Truck brokers
Letters Show Teamsters Considered ABF-YRC Merger
William B. Cassidy |
Letters submitted as evidence in court indicate the Teamsters union was willing to help ABF Freight System purchase struggling YRC Worldwide earlier this year.
Trucking News
LTL
Trucking labor
Truckload Carrier Celadon Signs $50 Million Credit Deal
William B. Cassidy |
Celadon Group secured a $50 million, five-year revolving credit facility from Bank of America, giving the truckload carrier increased liquidity and financing flexibility.
Trucking News
Dedicated to Recovery
David Biederman |
Shippers appear dedicated to getting ahead of potential truck capacity constraints in 2011.
Trucking News
LTL
2010 Dedicated Contract Carriers
JOC Staff |
A.C. TRUCKING 405 S. VASCONCELLOS ST., MANTECA, CA 95336 Contact: Albert Nunes, President Phone: 209-823-3224, 800-583-7677 Fax: 209-823-6552
Trucking News
LTL
Truck brokers
FedEx Freight Cuts Canada-U.S. Transit Times
William B. Cassidy |
FedEx Freight is speeding less-than-truckload service between U.S. and Canadian markets, cutting transit times in more than 500 lanes, the company said.
Trucking News
LTL
CRST International Promotes Gannon, Hires Labrie
William B. Cassidy |
The former president of Con-way Freight, John Labrie, joined truckload giant CRST International as head of its core dry van division CRST Expedited.
Trucking News
LTL
Labor Intensifies Driver Classification Battle
Bill Mongelluzzo |
National labor organizations intensified their attack on the classification of harbor truck drivers as independent contractors with the release Wednesday of the report, "The Big Rig: Poverty, Pollutio
Maritime
Forwarding
Trucking labor
Dynamex Gets $248 Million Takeover Bid
William B. Cassidy |
Dynamex received a higher offer from an unnamed bidder, jeopardizing its $237.8 million acquisition by transportation investor Greenbriar Equity Group.
Trucking News
Continental Express Buys Carolina Refrigerated
William B. Cassidy |
Midwestern truckload carrier Continental Express is expanding in the Southeastern U.S. by purchasing Carolina Refrigerated, Gaffney, S.C. Terms of the deal were not disclosed.
Trucking News
Diesel Price Jumps to Highest Level in Two Years
Thomas L. Gallagher |
Diesel fuel prices jumped an average 3.5 cents across the United State over the past week to $3.197 per gallon, the highest point diesel prices have reached in more than two years, according
Trucking News
ABF Says Teamsters Suggested Buyout of YRC
William B. Cassidy |
The Teamsters union at one point pressured ABF Freight System to buy ailing rival YRC Worldwide, ABF Freight System revealed on a company Web site.
Trucking News
LTL
FedEx Ground to Boost Rates 4.9 Percent in January
William B. Cassidy |
FedEx Ground will raise its rates by a net average of 5.9 percent Jan. 3, but a fuel surcharge reduction will blunt the increase to 4.9 percent.
Trucking News
LTL
Judge to Hear YRC Arguments Against ABF Lawsuit
William B. Cassidy |
ABF Freight System's attempt to overturn YRC Worldwide's historic wage-cutting agreements with the Teamsters union is headed to federal court Dec. 16.
Trucking News
LTL
Trucking labor
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