Trucking News

Port executives on Wednesday spelled out the differences between the port of Los Angeles truck concession agreements and the port of Long Beach registration agreements in testimony before the House Co

YRC Worldwide has enough support to survive 2010, despite a first quarter loss of more than a quarter of a billion dollars, transportation investment analysts said today.

It may be 2011 before Congress passes a surface transportation bill, says Rep. John Mica, R-Fla., ranking Republican on the House Transportation and Infrastructure Committee.

A proposed long-term vision to guide the Department of Transportation would focus on major freight system corridors, curb carbon use by freight operations and use more multi-jurisdiction planning inst

At a congressional hearing Wednesday morning on harbor trucking in southern California, carriers and shippers will be watching closely to see if lawmakers warm to the idea of giving local authorities

YRC Worldwide reported a net loss of $274 million on $1.1 billion in revenue in the first quarter of 2010, despite deep cuts in operating expenses from a year ago.

The average price of diesel last week jumped 4.4 cents to $3.122 per gallon, the highest point for diesel since October 2008, according to the U.S. Energy Information Administration.

YRC Worldwide is reaching deep into other modes of transportation as well as investment banking and corporate restructuring as its remakes its board of directors.

Truck rates paid by Canadian shippers increased in February, rising from a 1.6 percent drop in January, according to the Canadian General Freight Index.

Seventeen transportation and logistics companies were named to this year’s Fortune 500 list of biggest U.S. companies.

Trucking’s heavy-haul sector left the recession lighter than when it entered the downturn, but the industry is ready to bulk up again as spending on infrastructure and energy projects increases.

Shippers expect to see prices rise this year for U.S. domestic transportation but most are not projecting big increases even amid concerns over tight capacity, according to a new survey.

Railex Defies Recession, Expands Despite the economy, Railex is expanding and hopes to have a facility open in the Southeast within the next year.

A year after merging Yellow Transportation and Roadway, YRC Worldwide is working to better coordinate national carrier YRC with its regional subsidiaries, and reorganizing its management team.

Cargo thefts escalated as the economy slumped over the past two years, with 879 incidents reported in the U.S., according to Freightwatch International.

Domestic Shippers Brace for Rate Hikes

Universal Truckload Services earned $2.1 million in net profit in the 13 weeks ended April 30, almost entirely from sales of marketable securities.

Toronto-based trucker Vitran says price discounting in the less-than-truckload world appears to be leveling off, helping the carrier improve its financial picture this year.

OTTAWA — Canada offered the state of Michigan up to $550 million as a sweetener to get the legislature to give final approval to the building of a controversial new bridge between Detroit and Wi

North American transportation companies are seeing initial, uneven signs of increasing demand but most remain cautious about declaring that a broad and sustained recovery is at hand, Standard & Po

Truckload carrier P.A.M.

Averitt Express added intermodal trailer and container operations to its line of trucking and other services as part of its “full-load/volume transportation” package for customers.

Surface trade with Canada and Mexico rose for the third consecutive month in February, surging a record 24.1 percent compared with the previous February, one of the slowest months of the recession.

The Teamsters on Wednesday launched a multimedia blitz to push Congress to change federal law that makes it tougher organize FedEx Express drivers.

Old Dominion Freight Line profit jumped 93 percent in the first quarter, the first year-over-year increase since the third quarter of 2008.

Trucking rates have nowhere to go but up, and they’re ready now, several speakers told freight shippers Tuesday at NASSTRAC's annual conference.

Truck engine manufacturer Cummins earned net income attributable to the company of $149 million in the first quarter, a significant improvement on the $7 million earned in the same quarter a year earl

Trucking company FedEx Freight, which has pointedly rejected rail transport in the past, could switch and turn to intermodal in coming years if the price is right and customers want the option.

Renewed demand added to loaded miles for Celadon, lifting revenue in the company’s fiscal third quarter and helping the truckload carrier to earn a small profit.

Trucking executives say they are increasingly concerned that federal transportation policies could lead to underinvestment in highways, roads and bridges.

Truckload carrier USA Truck says the new emission regulation that took place starting in January is affecting its equipment costs and replacement strategy.

The average price of diesel edged up four-tenths of a cent to $3.078 per gallon last week, according to the U.S. Energy Information Administration.

Ryder System net profit soared 82 percent in the first quarter to $12.4 million, bouncing back from a deep decline in the recession.

Dry-van truckload carrier USA Truck saw its first-quarter net loss expand 59 percent from a year earlier to $2.9 million but said it is making headway on diversifying the revenue stream and increasing

The Department of Transportation’s total spending under the economic stimulus package reached $10.893 billion as of April 16, up $456 million since the end of March.

ABF Freight System workers in Connecticut were credited with helping police seize 13.5 pounds of marijuana and arrest two people on drug charges.

ABF Freight System’s tentative labor accord tries to dull the pain of wage cuts by promising employees payback for profit.

The economic recovery increasingly is showing up on highways, on loading docks, in trailers and on the bottom lines of two of the largest truckload carriers, giving credence to claims the freight econ

Diesel prices have risen above $3 a gallon, extending a months-long trend that is pinching owner-operators and forcing shippers to pay higher surcharges.