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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.
Subsections
LTL
Truck brokers
Trucking labor
Truckload
Flatbed
The latest
Trucking News
& Analysis
CEO of YRC Logistics to Leave Company
Alan Field |
Jim Ritchie, CEO of YRC Logistics, will leave the company at the end of May.
Transport, Trade and Regulation News
LTL
Southern California Economy Headed Down
Bill Mongelluzzo |
The massive Southern California international trade economy will decline further in 2009 before registering a modest gain next year, according to a report released by the Los Angeles County Economic D
Transport, Trade and Regulation News
North American ports
Trucking labor
North-American rail
YRC Warns of Financial Violation
John Gallagher |
YRC Worldwide warned it may not reach its second quarter earnings requirement as the fragile financial standing at the nation’s largest heavy-freight trucking company seems to be getting shakier
Trucking News
LTL
Used Trucks Outlook Turns Gloomy
John Gallagher |
Used truck pricing is still down “double digits” year-over-year with no sign of improving due to overcapacity in the truckload market, according to a Wall Street analyst.
Trucking News
Manufacturers Partner on Hybrid Truck
John Gallagher |
Truck maker Freightliner and drive train manufacturer Eaton are preparing an electric hybrid delivery truck for the propane gas market.
Trucking News
Diesel Jumps 3.1 Cents to $2.216
Thomas L. Gallagher |
Diesel prices jumped jumped 3.1 cents last week to $2.216 per gallon, the first increase after three straight weeks of declines, according to the U.S. Energy Information Administration.
Trucking News
Supply chain braces for swine flu pandemic but will it be too late?
Alan Field |
While much of the world was showing growing alarm over a possible swine flu pandemic and business scrambled to contain the impact, Dan Sanker, CEO of logistics provider CaseStack, pulled out his plans
Transport, Trade and Regulation News
Trucking News
YRC is rolling out customer incentives to win back freight
John Gallagher |
After losing freight to competitors for two consecutive quarters, YRC Worldwide is rolling out a customer incentive package in an attempt to rebuild freight flows and density in its struggling long-ha
Trucking News
LTL
Drop in trucking bankruptcies, with capacity in excess, puts shippers in driver’s seat
John Gallagher |
Shippers bracing for a dramatic surge in trucking rates can take a deep breath — evidence is stacking up that loose capacity and rock-bottom prices will be around for a while.
Trucking News
Impact of Mexico’s retaliatory tariffs diminished by shrinking cross-border freight
John Gallagher |
Tariffs Mexico imposed on select U.S. products in response to the elimination of a cross-border trucking program are having little discernable impact on cross-border trade — or trucking.
Trucking News
April Costs Truckers 16,000 More Jobs
John D. Boyd |
The U.S. trucking industry shed more than 16,000 jobs in April, the Labor Department said, as part of a 38,000 job loss in the transportation and warehousing sector.
Transport, Trade and Regulation News
Trucking labor
Quality Distribution Reduced Losses
Thomas L. Gallagher |
Bulk carrier Quality Distribution reduced its losses in the first quarter as it restructured to meet lower demand and reduced its debt to decrease interest payments.
Trucking News
NITL Backs Bigger Truck Size, Weight
John Gallagher |
The National Industrial Transportation League “strongly” opposes attempts to cap federal size and weight limits on heavy trucks and will support raising those limits to 97,000 pounds.
Trucking News
LTL
Pacer Loses $177 Million
John D. Boyd |
Forced to take a large write-down of “goodwill” as business weakened, intermodal provider Pacer International posted a net loss of $177.4 million for the first quarter and warned it might
Rail News
LTL
Truck brokers
Frozen Food Express Loses $6.1M
John Gallagher |
Frozen Food Express Industries lost $6.1 million in the first quarter despite moves to cut costs in the difficult trucking environment.
Trucking News
Truck Orders Fall in April
John Gallagher |
Heavy truck orders for major North American manufacturers in April were down 9 percent from March and 57 percent from April 2008 with no improvement in sight, according to data compiled by FTR Associa
Trucking News
Swift Speeds Payments, Cash Flow
John Gallagher |
Truckload carrier Swift Transportation is upgrading its internal document processing to pay drivers and bill customers faster as cash flow has become a major priority for carriers in the current econo
Trucking News
Diesel Falls 1.6 Cents to $2.185
Thomas L. Gallagher |
Retail diesel fuel sold for an average of $2.185 per gallon last week, down 1.6 cents a gallon, according to the U.S. Energy Information Administration.
Trucking News
Recession sends trucking on new routes
John Gallagher |
Sometime in the past quarter, the wheels came off the less-than-truckload industry.
LTL
Trucking News
U.S. Truckers Seek International Partners, Freight
John Gallagher |
Trucking companies trying to manage through the worst freight economy in memory are using investments in international supply chains to build stronger links with their biggest customers.
Trucking News
Backhauls, for-hire authority give shippers relief in recession
John Gallagher |
Private truck fleet operators are making more use of their capacity and injecting fresh competition into a fight for freight that grows fiercer as shipment volumes drop and trailers go empty.
Trucking News
Capacity markets provide trucking haven as shipper volumes languish
John Gallagher |
Companies that own trucks and those that don’t are finding the surest route to profit in the downturn may be through the third-party brokerage market.
Trucking News
Judge halts employee-driver portion of clean-trucks program
Bill Mongelluzzo |
The ports of Los Angeles and Long Beach, as well as the American Trucking Associations, claim they got what they wanted in last week’s decision by U.S. District Court Judge Christina A.
Forwarding
Trucking News
Transport, Trade and Regulation News
Covenant Transport Loses Less in 1Q
John Gallagher |
Covenant Transport lost $5.5 million in the first quarter, approximately $2.3 million less than the same period a year ago, due to weak freight demand.
Trucking News
Truckload Carrier P.A.M. Loses $3.3 Million
John Gallagher |
Truckload operator P.A.M.
Trucking News
Cummins Profit Tumbles
John Gallagher |
Profit at heavy-duty truck engine maker Cummins fell 96 percent to $7 million in the first quarter on sales of $2.4 billion, down 30 percent from the same period in 2008, as lower demand for equipment
Trucking News
Mexico to Shut Down Business to Fight Swine Flu
JOC Staff |
The Mexican government will shut down private business, including factories and transportation operations, for five days starting Friday as the country tries to halt the spread of the swine flu virus.
Transport, Trade and Regulation News
Air Cargo
Trucking News
Rail News
Vancouver Port to Stay Open despite Strike
Courtney Tower |
Port Metro Vancouver said it will remain open for business whether or not some local container truck drivers go on strike next week.
Maritime
Trucking labor
Canadian Trucker Mullen's Profit Sinks
John Gallagher |
Canadian trucking company Mullen Group’s profit dipped 38 percent in the first quarter as a result of falling demand for oil and natural gas drilling services in Western Canada and a decrease in
Trucking News
LTL
U.S.-Mexico Trade Proceeds Despite Swine Flu
John Gallagher |
Trade moving by truck over the U.S.-Mexican border is so far unaffected by the Swine flu crisis emerging in the two countries.
Trucking News
Truck Maker Paccar Profit Falls 91 Percent
Thomas L. Gallagher |
Lower build rates, temporary plant shutdowns and reduced gross margins cut profit for truck maker Paccar 91 percent in the first quarter to $26.3 million, the company said.
Trucking News
Trucker Celadon Loses $2.1 Million
Thomas L. Gallagher |
Truckload carrier Celadon lost money for the first time in more than seven years, dropping $2.1 million in the quarter ending March 31.
Trucking News
Truck Tonnage Falls Hard in March
Thomas L. Gallagher |
Just as it looked as though trucking was beginning to recover from the recession, tonnage dropped steeply in March.
Trucking News
LTL
Diesel Drops 2 Cents to $2.201
Thomas L. Gallagher |
The average price for a gallon of diesel fuel fell 2 cents last week to $2.201, according to the U.S. Energy Information Administration.
Trucking News
YRCW CreditWatch Goes Negative
Thomas L. Gallagher |
Standard & Poor's Ratings Services on Friday revised its CreditWatch implications for YRC Worldwide from positive to negative.
Trucking News
LTL
WABCO Lost $36.4 M in First Quarter
Thomas L. Gallagher |
WABCO Vehicle Control Systems, a supplier of safety and control systems for commercial vehicles, lost $36.4 million in the first quarter as demand for new commercial vehicles declined worldwide.
Trucking News
Shippers, Truckers Consider More Accurate Ways to Calculate Surcharges
John Gallagher |
Closing the gap between fuel surcharges and actual fuel costs is a priority for shippers and truckers still feeling the sting from last summer’s roller-coaster ride at the pump.
Trucking News
Freight Intermediaries Tread a Fine Line to Fight Legislative Battles
Bill Mongelluzzo |
Building cross-industry coalitions in Washington is more crucial than ever to getting favorable legislation passed, but transportation interests must be careful not to alienate potential partners — ev
Trucking News
Maritime
Truckload Takes the Shorter Haul
John Gallagher |
Truckload carriers intent on making it to the other side of the recession are taking cues from the economy and new trends in shipping by focusing on short-haul lanes.
Trucking News
Challenger Opens Expanded BC Terminal
Thomas L. Gallagher |
Challenger Motor Freight, the largest privately owned truckload carrier in Canada, opened an expanded terminal in British Columbia.
Trucking News
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