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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
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The latest
Trucking News
& Analysis
FMCSA Hosts Webinars
JOC Staff |
The Federal Motor Carrier Safety Administration will hold webinars on its Comprehensive Safety Analysis 2010 initiative Dec. 3 and Dec. 10, at 3:30 p.m. EST.
Transport, Trade and Regulation News
Trucking News
FMCSA Readies Safety Initiative
William B. Cassidy |
During her Senate confirmation hearing, then-nominee Anne S. Ferro heard an earful about the Federal Motor Carrier Safety Administration’s record enforcing truck safety rules.
Transport, Trade and Regulation News
Trucking News
Intermodal Marketers Lean More to Trains
John D. Boyd |
Intermodal marketing companies, middleman firms that arrange either all-highway or combined rail-truck shipments for clients such as factories or retail stores, used trains for a greater share of thei
Rail News
LTL
North-American rail
Shippers, Carriers Project Growth Problems
Bill Mongelluzzo |
Shippers and carriers expect there will be sufficient capacity in the domestic transportation system to handle the modest growth in traffic that will occur in the coming year, but eventually there wil
Rail News
LTL
Trucking labor
North-American rail
Smaller 3PLs, Brokers Gain Volume, Sales
JOC Staff |
Smaller logistics operators and freight brokers outperformed their larger counterparts in the third quarter, but a less-than-robust recovery is squeezing profit margins at all 3PLs, said the Transport
Trucking News
Rail News
LTL
Truck brokers
Truckload Rates Fell 9.4 Percent, Carrier Says
JOC Staff |
Average truckload rates fell 9.4 percent in the third quarter despite sharp cuts in capacity compared to last year, carrier Covenant Transport said in a securities filing.
Trucking News
Fuel Transporter KAG Expands on West Coast
JOC Staff |
Kenan Advantage Group, the nation’s largest bulk over-the-road fuel transporter, is expanding its territory and business in the Pacific Northwest by acquiring the assets of fuel hauler Reinhard
Trucking News
LA Spending on Port Truck Dispute Exceeds $1 Million
Bill Mongelluzzo |
The city of Los Angeles has spent more than $1 million in lobbying and litigation to defend the port’s clean truck concession requirements, according to a Southern California attorney.
Maritime
Trucking labor
Freight Transportation Slowed in September
Thomas L. Gallagher |
The output of the freight transportation industry declined 0.5 percent in September from August, blunting a three-month long recovery, according to a report Thursday from the U.S.
Transport, Trade and Regulation News
Maritime
Air Cargo
Trucking News
Rail News
IRS Drops Last FedEx Audit
JOC Staff |
FedEx says it expects no more audits from the Internal Revenue Service now that the agency for the second time dropped a look at potential penalties in the company’s classification of parcel division
Air Cargo
Trucking News
Air Cargo Forwarder News
Celadon Switches to NYSE
JOC Staff |
Shares of trucking company Celadon Group began trading on the New York Stock Exchange Nov. 10, after the Indianapolis-based company shifted its listing from the Nasdaq stock market.
Trucking News
Trucker Werner to Pay Shareholders $90 Million
JOC Staff |
At a time when many trucking companies are hard up for cash, Werner Enterprises says it will deliver $90 million in special dividends to shareholders next month.
Trucking News
FedEx Establishes First All-Hybrid Facility
Thomas L. Gallagher |
To fully equip a Bronx, N.Y., station as the company’s first all-hybrid facility, FedEx Express ordered 51 new hybrid vehicles from Azure Dynamics.
Trucking News
Air Cargo Forwarder News
LTL
ODFL Speeds Service Into Canada
Thomas L. Gallagher |
Old Dominion Freight Line will speed service through its Northwest gateway into Canada starting Nov. 9, connecting more than 65 Old Dominion service centers to Edmonton and Calgary, Canada.
Trucking News
LTL
National Refrigerated Opens LTL Lane
JOC Staff |
National Refrigerated Trucking, a truckload and less-than-truckload refrigerated trucking company, opened a new LTL lane to Georgia and Florida.
Trucking News
LTL
Diesel Falls First Time in Five Weeks
Thomas L. Gallagher |
The average price of diesel fell for the first time in five weeks, dropping seven-tenths of a cent to $2.801 per gallon in the week ending Nov. 9, according to the U.S.
Trucking News
Shipping Into 2010
JOC Staff |
Bruce J. Carlton took charge at the National Industrial Transportation League just as the economy began its worst contraction in decades.
Rail News
Maritime
Trucking News
Forwarding
YRC’s Big Leap
William B. Cassidy |
YRC Worldwide is taking a giant leap over the chasm of bankruptcy, offering bondholders up to 95 percent of its common stock in return for wiping more than $500 million in debt from its books.
Trucking News
Senate Confirms Ferro as FMCSA Chief
JOC Staff |
The U.S. Senate confirmed Anne S.
Transport, Trade and Regulation News
Trucking News
Court Approves Velocity Express Sale
Thomas L. Gallagher |
The United States Bankruptcy Court for the District of Delaware approved Nov. 3 the sale of time definite regional carrier Velocity Express to private investor Comvest Investment Partners.
Trucking News
LTL
Con-way Says Used ‘Aggressive’ Pricing
JOC Staff |
Less-than-truckload carrier Con-way says it moved toward "more aggressive" price discounting in the third quarter than it normally uses and started hiring back workers to cope with tonnage g
Trucking News
LTL
Heavy Truck Sales Surge in October
JOC Staff |
Heavy truck sales surged in October, rising 117 percent year-over-year and 104 percent from September, as freight volumes showed signs of improving and carriers began a last-minute round of truck purc
Trucking News
Shippers Appeal to NY, Newark on Harbor Truckers
JOC Staff |
A broad group of retailers and other shippers called on the mayors of New York and Newark, N.J., to withdraw their support for changes in federal law that would allow local regulators to bar independe
Transport, Trade and Regulation News
Trucking labor
Quality Distribution Swings to Profit
Thomas L. Gallagher |
After losing $143.2 million in the second quarter, Quality returned to profit in the third quarter and improved upon last year’s third quarter profit.
Trucking News
Trucking Spot Market Up 10 Percent in October
JOC Staff |
Freight volume in trucking’s spot market rose 10 percent in October, said TransCore, which reported the first year-over-year increase this year in the TransCore Freight Index.
Trucking News
Truck brokers
Mediation Board to Change Representation Rules
JOC Staff |
The National Mediation Board proposed an amendment to its Railway Labor Act rules to provide that, in representation disputes, a majority of valid ballots cast will determine the craft or class repres
Transport, Trade and Regulation News
Trucking labor
Con-way Profit Drops 67 Percent
Thomas L. Gallagher |
Con-way profit fell by two-thirds in the third quarter from $40.5 million a year ago to $13.5 million in the three months ending Sept. 30.
Trucking News
S&P, Wall Street Slap YRC Debt Swap
JOC Staff |
YRC Worldwide stock tanked on Wall Street this week as the company launched a debt-for-equity exchange one analyst compared to a “controlled bankruptcy.”
Trucking News
LTL
Logue Named President of FedEx Freight
JOC Staff |
William J. Logue, a veteran FedEx Express executive, will become president of FedEx Freight, the express giant’s $4.6 billion trucking arm, Dec. 1.
Trucking News
LTL
Diesel Climbs Fourth Straight Week
Thomas L. Gallagher |
The retail price of diesel rose seven-tenths of a cent last week, the fourth straight week of increases in the national average, according to the U.S.
Trucking News
YRC Worldwide Seeks $500 Million Debt-Stock Swap
JOC Staff |
YRC Worldwide will launch a debt-for-equity exchange offer this week that could wipe more than $500 million in debt from the financially-troubled trucker's books.
Trucking News
LTL
IRS Reverses FedEx Ground Ruling
JOC Staff |
An Internal Revenue Service decision to reverse a previous assessment that FedEx had misclassified some package delivery drivers marks a strong victory for the carrier and its use of independent contr
Air Cargo
Air Cargo Forwarder News
LTL
Profit Slips Steeply for Danish Trucker DSV
Bruce Barnard |
DSV, Scandinavia’s biggest trucking and logistics company, reported a steep decline in third quarter earnings but said it gained market share in its key ocean, air and land transport sectors.
Transport, Trade and Regulation News
LTL
YRC Worldwide Promotes Wicks to President
JOC Staff |
The board of YRC Worldwide named Chief Operating Officer Timothy A. Wicks president of the trucking giant last week, a vote of confidence in Wick's handling of the company's financial crisis.
LTL
UPS Shrinks to Match the Market
William B. Cassidy |
Stronger international lift and a pickup in next-day shipments took some of the sting out of the recession for UPS in the third quarter.
Transport, Trade and Regulation News
Trucking News
Air Cargo Forwarder News
Resetting Trucking’s Clock
William B. Cassidy |
Rules that govern how many hours a day truck drivers may spend behind the wheel may change again, perhaps before August 2011, as the federal agency that regulates motor carriers reconsiders whether tr
Transport, Trade and Regulation News
Trucking News
Asset Light, Profit Rich
William B. Cassidy |
Operating without its own equipment on the road appears to make C.H. Robinson Worldwide a tough target for the economic downturn.
Trucking News
YRC Says New Customers Are On Board
William B. Cassidy |
YRC Worldwide says it is gaining new customers even as it continues to lose some shippers, leading to "stabilization" of its customer base and improved yields, top company officials say.
Trucking News
LTL
YRC Regional Carriers Turn Profitable
William B. Cassidy |
YRC Worldwide’s regional carrier group reported a $293,000 profit, its first since the second quarter of 2008, largely driven by a turnaround at former USF regional carrier Holland, said YRC Wor
Trucking News
LTL
YRCW Cuts Loss, Claims 'Significant Improvement'
William B. Cassidy |
Trucking giant YRC Worldwide, fighting to stay out of bankruptcy, cut its net loss to $158.7 million in the third quarter but saw its volume and revenue fall sharply as shippers apparently moved busin
Trucking News
LTL
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