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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
Trucker Covenant Loses $3M
Thomas L. Gallagher |
Truckload carrier Covenant Transportation Group lost $3.1 million in the second quarter of 2009 as freight revenue fell 19.4 percent to $129.2 million.
Trucking News
Truck Tonnage Plunged 13.6 Percent in June
Thomas L. Gallagher |
Truck tonnage in the United States fell at its sharpest year-over-year rate yet in the economic downturn, plunging 13.6 percent, and the American Trucking Associations issued a pessimistic outlook for
Trucking News
LTL
Shippers Fight Truck Regulation Rewrite
Thomas L. Gallagher |
More than 30 shipper organizations sent a letter to Rep.
Transport, Trade and Regulation News
Trucking labor
Diesel Jumps 3.2 Cents to $2.528
Thomas L. Gallagher |
The average price of a gallon of diesel fuel jumped 3.2 cents to $2.528 per gallon in the week ending July 27, according to the U.S. Energy Information Administration.
Trucking News
Clean Trucks Handle Most LA/LB Moves
Bill Mongelluzzo |
Clean diesel and liquefied natural gas trucks now handle 52 percent of the containers moving through the Port of Long Beach, according to a study released by the port.
Maritime
North American ports
Trucking labor
Taking on Pre-emption
Bill Mongelluzzo |
After running into roadblocks in court, interest groups that support organized labor want to use the surface transportation reauthorization as well as clean-trucks plans at Cal
Trucking News
Trucking labor
Maersk’s Driving Change
Joseph Bonney |
While many are looking out for a recovery in manufacturing and trade, the economic strain spreading through the shipping world is moving into a new phase, triggering changes in operations that may las
Trucking News
Container lines
China Paves the Way
Ian Putzger |
For Fairchild Semiconductor, the 1,500-mile road from Suzhou, China, to Hong Kong always went through Shanghai.
Trucking News
Deadline Met Cleanly
Bill Mongelluzzo |
Harbor trucking companies in Los Angeles and Long Beach should meet the Jan.
Trucking News
Transport, Trade and Regulation News
North American ports
Truck Stops Strike Deal
John D. Boyd |
A merger between two of the top U.S. truck stop operators could keep an ailing chain from scaling back some sites at a time when cross-country truck drivers are finding fewer places to rest.
Trucking News
Answering Truckers
JOC Staff |
At its two–hour meeting July 14 with several dozen members of the Association of Bi-State Motor Carriers, Maersk officials faced a number of questions over the broad outlines of its chassis strategy a
Trucking News
Container lines
Saia Loses $1.7M
Thomas L. Gallagher |
Saia lost $1.7 million in the second quarter on revenue of $218 million, which was 21 percent lower than in the prior year quarter.
Trucking News
LTL
Knight Transportation Keeps Grip on Profit
JOC Staff |
Lower fuel costs and an increase in freight helped truckload carrier Knight Transportation keep its net income from falling more than 1 percent in the second quarter, despite a steeper drop in revenue
Trucking News
Con-way Reports $31.5 Million Profit
William B. Cassidy |
Trucking and logistics company Con-way returned to profitability in the second quarter, reporting $31.5 million in net income on $1.1 billion in revenue.
Trucking News
LTL
Ryder Profit Falls 64 Percent
Thomas L. Gallagher |
The global recession took a 25 percent bite out of revenue for Ryder System, and growing expenses pulled profit down a whopping 64 percent in the second quarter.
Trucking News
LTL
Trucker Vitran Turns Slim Profit
Thomas L. Gallagher |
Canadian trucker and supply chain manager Vitran returned to profitability in the second quarter, led by its less-than-truckload and logistics businesses.
Trucking News
LTL
Low Demand Cuts TransForce Revenue
Thomas L. Gallagher |
Canadian trucking and logistics operator TransForce earned a $16.6 million profit in the second quarter on revenue of $418.2 million.
Trucking News
LTL
Truck Maker Scania Loses $19.5 Million
Bruce Barnard |
Scania, the Swedish heavy truck manufacturer, swung to a second quarter net loss of $19.5 million from a year earlier net profit of $395 million on plunging sales and orders.
Trucking News
Hub Profit Falls 45 Percent
John D. Boyd |
Intermodal firm Hub Group’s 45 percent drop in net profit, to $8.3 million, still left it with “respectable returns even in this difficult freight environment” for all its lines of b
Rail News
Trucking News
YRC's Zollars Apologizes to Teamsters, Hoffa
JOC Staff |
YRC Worldwide Chairman, President and CEO apologized not once but twice to Teamsters General President James P. Hoffa and union employees.
Trucking News
LTL
Trucking labor
Old Dominion Profit Plummets 55 Percent
Thomas L. Gallagher |
Old Dominion Freight Line earned a profit of $10.7 million in the second quarter, down 55 percent from a year ago, as tonnage declined and competitive pricing drove the operating ratio up.
Trucking News
LTL
Caterpillar Profit Slides 66 Percent
Thomas L. Gallagher |
Truck and heavy equipment manufacturer Caterpillar earned a much smaller profit in the second quarter as sales dived and the company absorbed the cost of layoffs.
Trucking News
Marten Transport Profit Surges 29 Percent
Thomas L. Gallagher |
Significantly lower fuel costs and less purchased transportation reduced operating expenses for Mondovi, Wisc.-based carrier Marten Transport, enabling a 29 percent increase in profit to $4.5 million
Trucking News
C.H. Robinson Boosts Profit in Second Quarter
Thomas L. Gallagher |
Transportation broker C.H. Robinson defied the economy and boosted profit in the second quarter as truckload volume declined less than in the previous three months.
Trucking News
ABF Freight Loses $15 Million
JOC Staff |
Less-than-truckload carrier ABF Freight System lost $15.4 million in the second quarter, the company said July 21, on steep declines in volume and pricing in the trucking business.
Trucking News
LTL
TSA Rule Equalizes Penalty Procedures
R.G. Edmonson |
Government agencies will follow similar procedures no matter who breaks transport security rules.
Transport, Trade and Regulation News
Trucking labor
Senate Panel Proposes HTF Replenishment
R.G. Edmonson |
Senior members of the Senate Finance Committee have filed a bill that takes a first step toward replenishing the Highway Trust Fund.
Transport, Trade and Regulation News
Trucking News
YRC Launches 'Home Delivery'
The Journal of Commerce Staff |
YRC Worldwide’s financial troubles haven’t stopped its efforts to seek new business and expand and fine-tune its services.
Trucking News
LTL
Volvo Group Loses $725 Million
Bruce Barnard |
Sweden’s Volvo AB, the world’s second-largest truck maker, on July 21 reported its worst-ever quarterly loss amid collapsing sales worldwide.
Trucking News
FedEx Expands Hybrid-Electric Fleet
Thomas L. Gallagher |
FedEx converted 92 standard FedEx delivery trucks to hybrid-electric trucks.
Trucking News
LTL
Volvo Rolls Out 2010 Truck
Thomas L. Gallagher |
Volvo Trucks' first EPA2010 production truck drove off the assembly line at the New River Valley plant in Dublin, Va., early this month.
Trucking News
Werner Revenue, Profit Drop 30 Percent
Thomas L. Gallagher |
A weak freight market slashed revenue and profit in the second quarter for truckload carrier Werner Enterprises.
Trucking News
Virginia Closes 18 Highway Rest Stops
John D. Boyd |
Truckers, vacationers and others driving Virginia’s interstate highways this week will see a big decline in the number of places they can take a break along the highway.
Trucking News
Central States Pension Fund Drops YRC Worldwide
JOC Staff |
The largest Teamsters pension fund dropped YRC Worldwide, the largest unionized trucking company, as its Teamster employees prepare to vote on whether to accept a 15 percent wage cut and a suspension
Trucking News
LTL
Trucking labor
Diesel Drops 4.6 Cents to $2.496
Thomas L. Gallagher |
Diesel prices dropped across the country for the fifth consecutive week, averaging a decline of 4.6 cents to $2.496 per gallon, according to the U.S. Energy Information Administration.
Trucking News
Canada Buys Land for New Detroit-Windsor Bridge
Courtney Tower |
Canada on July 20 put up the cash to bring a publicly-owned bridge between Detroit and Windsor, Ontario, "one step closer" to fruition despite legal and lobbying challenges from the U.S.
Trucking News
LTL
YRC’s Great Gambit
William B. Cassidy |
[YRC:42:7/20/09:TRUCKING]
Trucking News
YRC Teamsters Prepare to Vote on Major Changes
William B. Cassidy |
Financiallytroubled YRC Worldwide could see results of a critical vote by its Teamsters drivers on dramatic changes to the labor contract by the first week of August.
Trucking News
LTL
Trucking labor
White House Sends Ferro Nomination to Senate
JOC Staff |
Anne S. Ferro's nomination to be head of the Federal Motor Carrier Safety Administration is in the hands of the Senate, moving her closer to a confirmation hearing.
Transport, Trade and Regulation News
Trucking News
Trucking labor
Conservative Group Hit Up FedEx in UPS Dispute
JOC Staff |
A major conservative interest group asked FedEx for a $2 million to $3 million donation in exchange for the group’s backing in a legislative battle with UPS, according to a published report Friday.
Air Cargo
Trucking News
Air Cargo Forwarder News
Transport, Trade and Regulation News
Trucking labor
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