Trucking News

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

As sales of Kenworth and Peterbilt trucks improved, manufacturer Paccar increased its profit 160 percent to $68.3 million in the first quarter.

Marten Transport earned net income of $3.9 million in the first quarter, compared with a profit of $4.1 million for the same quarter of 2009.

ABF Freight System lost $35.7 million in the first quarter, a 25 percent larger loss than a year ago, as shipments rose from a year ago but declined from the fourth quarter.

Third-party logistics giant C.H.

North America’s largest railroads are seeing a sharp pickup in traffic during April, with volume outpacing anything seen during 2009.

Union Pacific Railroad officials see their 3.5 percent “core pricing” gains in the first quarter as the low point of 2010, and look for their overall rates to strengthen more as the year c

An increase in shipments, value-added service sales and fuel surcharges helped boost Werner Enterprises' revenue to $425.1 million in the first quarter, an 8 percent year-over-year increase.

A firm recovery in truckload demand and higher fuel surcharges boosted Knight Transportation's revenue 11.4 percent from a year ago to $165.7 million in the first quarter.

BNSF Railway declared its new Memphis Intermodal Facility to be “fully operational” after a $200 million expansion, and cut the ribbon on it this week.

Intermodal shipment consolidator Hub Group will buy a total of 2,500 new domestic, jumbo-sized containers this year, amid a demand surge that has it near full capacity.

The Fortune 500 list of largest U.S. businesses ranked by revenue includes 17 transportation and logistics companies this year, from UPS to Con-way.

Teamsters at ABF Freight System will vote on a proposed 15 percent wage cut early next month, after ballots are mailed on or about April 30, the Teamsters union said.

The Department of Transportation is making nearly $49 billion of delayed highway funds available to states, following last month’s passage by Congress of the HIRE Act.

A Vehicle Miles Traveled tax may be gaining mileage on Capitol Hill, but the nation’s truckers want an alternate route.

Truckload carrier Heartland Express is detecting the first stirrings of a long-anticipated economic recovery.

The U.S.

The average price of diesel rose half a cent last week to $3.074 per gallon, according to the U.S. Energy Information Administration.

Workers at ABF Freight System will give up 15 percent of their wages but retain full pension benefits under a tentative concession plan approved today by local Teamster leaders.

Heavy truck orders rose 28 percent year-over-year in March to 11,285 units, following stronger than anticipated sales in February, ACT Research reported today.

Daimler Trucks North America and the United Auto Workers reached agreement on contracts covering employees at three U.S. plants.

The only dispute in the truckload industry over the direction of rates this spring is whether pricing is going up fast or very fast.

As a trucker, Pat Quinn may have felt like a fish out of water at a marine highways conference focused on short-sea shipping.

With the transportation industry searching last year for any “green shoots” to hint at a recovery in the freight sector, this year there are plenty of saplings.

Truckers got a BIG BREAK — and Pennsylvania a big hole in its budget — when federal authorities said no to a state proposal to slap tolls on east-west Interstate 80.

Short-sea shipping advocates may have the Department of Transportation’s ear, but they still need to convince shippers their concept will float.

ABF Freight System reached a tentative agreement on new contract terms with the Teamsters union that will likely include wage and work concessions aimed at cutting the trucking company’s operati

Teamsters General President James P.

U.S.

Environmental and labor interests warned Thursday that the clean-air benefits being realized today by the introduction of thousands of new trucks in Los Angeles-Long Beach harbor will be lost in subse

Landstar System increased sales 14.4 percent to $548.1 million in the first quarter, increasing the number of truckloads hauled 16.9 percent.

Rising intermodal volume and truckload improvements boosted revenue 17 percent at J.B. Hunt Transport Services, backing claims of a first-quarter freight recovery.

The Department of Transportation’s chief financial officer became the latest administration official to speak out against raising motor fuel taxes to bolster federal revenue and infrastructure s

Instead of working on a new cross-border trucking program with Mexico, some members of Congress want the United States to renegotiate the North America Free Trade Agreement.

Disbursements by the Department of Transportation under the economic stimulus law reached $10.437 billion as of March 31, an increase of about $1 billion from February to pay for projects dominated by

Truckload spot market freight volume reached pre-recession levels in March, climbing 259 percent from a year ago and 14 percent from March 2008, according to TransCore’s North American Freight I

Domestic intermodal rail weathered the economic recession better than most transportation modes, and the industry appears now to be on the verge of experiencing unprecedented growth.

Timothy A. Wicks resigned his post as president and chief operating officer of YRC Worldwide today to return to his former employer, United Healthcare.

ABF Freight System agreed to an independent review of its finances as it seeks concessions from the International Brotherhood of Teamsters.

Fuel marketers and resellers Monday urged Congress to restore a biodiesel tax credit that expired at the end of 2009, depressing production and raising the price of biodiesel.