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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
Ascend-uShip integration a sign of increasing LTL demand
Eric Johnson, Senior Technology Editor |
A partnership between AscendTMS and uShip to combine instant LTL capacity with truckload capacity is designed to enable shippers that typically struggle to secure space from LTL regional and national carriers.
Logistics Technology News
Trucking News
LTL
Costs rising as supply chain ‘messiness’ extends inland: B2B sellers
Cathy Morrow Roberson, JOC Analyst |
B2B firms and manufacturers report increasing demand despite no relief from delivery delays, rising raw materials, and transportation costs.
LTL
LTL carriers, 3PLs see more price hikes ahead
William B. Cassidy, Senior Editor |
US LTL pricing continues its climb, as inflationary pressures from driver wages to the cost of purchased transportation accelerate rate hikes. Both carriers and 3PLs report high LTL volumes.
LTL
Estes positions trailers to ride US import wave
William B. Cassidy, Senior Editor |
Estes Express Lines is gaining new business near seaports, but the fourth-largest LTL carrier is also investing in infrastructure, technology, and people, propelling its growth ahead of competitors.
LTL
project44 takes aim at Asia truckload visibility
Eric Johnson, Senior Technology Editor |
project44’s expansion into Asia and a new partnership with a risk management platform signify its aims to augment the number of use cases for transportation visibility.
Logistics Technology News
Trucking News
Squeezed shippers drive C.H. Robinson’s LTL business
William B. Cassidy, Senior Editor |
Freight broker and forwarder C.H. Robinson is growing LTL volume "faster than the marketplace” as US shippers scramble to find available capacity for shipments.
Truck brokers
LTL
Population shifts away from urban areas to raise last-mile costs
Cathy Morrow Roberson, JOC Analyst |
Shippers currently face few options to lower suburban and rural last-mile costs such as last-mile service options and provider.
Trucking News
Truck pricing, as it hits new peaks, has staying power: Landstar
William B. Cassidy, Senior Editor |
Extraordinary freight demand and a maxed-out transportation network will keep truck pricing elevated longer than once expected, perhaps into early 2022, Landstar CEO Jim Gattoni and others say.
Truckload
US truckers speeding less, but those who do go faster
William B. Cassidy, Senior Editor |
Despite a sharp overall drop in the number of truck driver speeding violations last year, excessive speeding remains a problem, FMCSA violations data show.
Trucking News
Trucking labor
Rising sustainability pressure spurs logistics technology
William B. Cassidy, Senior Editor |
Third-party logistics and software firms such as C.H. Robinson Worldwide and Blume Global are broadening the use of technology to drive emissions out of supply chains, increasingly for smaller customers as well as global corporations.
Truck brokers
Logistics Technology News
ODFL ups LTL ante with $275 million expansion
William B. Cassidy, Senior Editor |
The second-largest standalone US LTL carrier says it will build four to six additional terminals this year, as demand for retail and industrial freight pushes LTL carriers to expand.
LTL
After first-quarter freeze, US trucking market heats up
William B. Cassidy, Senior Editor |
February’s winter storms in the southern and central United States had a large and lingering impact on transportation and supply chains, though freight demand is now in full flow, consuming this spring’s truckload capacity.
Truckload
JOC Rankings: E-commerce drives lopsided US trucking revenue expansion
William B. Cassidy, Senior Editor |
The 50 largest US trucking operators increased combined revenue 7.4 percent in a recession as consumers drove frenzied freight demand.
Trucking News
LTL
Truck brokers
US truck freight tonnage rose 8.9 percent in March
William B. Cassidy, Senior Editor |
Unadjusted US tonnage data from the American Trucking Associations shows freight returned to the highways after a frozen February, propelling truck spot pricing to a new ceiling.
Truckload
LTL
Truck brokers
New funding, leadership to fuel Roadrunner Freight
William B. Cassidy, Senior Editor |
The asset-light, long-haul LTL carrier Roadrunner Freight is pursuing 'enterprise’ shippers as well as 3PLs as it re-engineers its network while focusing on service quality and operating margins.
LTL
J.B. Hunt increases container order amid heavy demand
Ari Ashe, Senior Editor |
J.B. Hunt will be adding 12,000 new containers in 2021, upping its original order announced in January based on increased shipper demand for intermodal service.
Truckload
New funding to help short-haul broker Torch meet e-commerce demand
Eric Johnson, Senior Technology Editor |
Torch Logistics will use $3.5 million in seed funding to expand its short-haul truckload brokerage to capitalize on e-commerce demand.
Logistics Technology News
Trucking News
Truck brokers
Biden nominates data-centric regulator to head FMCSA
William B. Cassidy, Senior Editor |
A New York City regulator who established a minimum wage for app-based rideshare drivers has been nominated to head the US truck safety watchdog agency.
Transport, Trade and Regulation News
Trucking News
JOC Rankings: LaserShip, OnTrac top list of fastest-growing ‘trucking’ firms
William B. Cassidy, Senior Editor |
Four parcel carriers were among the five fastest-growing trucking companies in 2020, thanks to a 44 percent increase in e-commerce spending, SJ Consulting Group data shows.
Trucking News
Yellow puts new president in charge of LTL transformation
William B. Cassidy, Senior Editor |
Darrel Harris joined the former YRC Worldwide in November and will now lead efforts to transform Yellow into a profitable multi-regional less-than-truckload carrier.
LTL
US providers face higher costs after duty ruling on Chinese-made chassis
Ari Ashe, Senior Editor |
A US International Trade Commission vote Tuesday clears the way for a countervailing duty on Chinese chassis and is likely to open the door to tripling the cost of chassis to importers, exporters, truckers, and chassis providers.
Truckload
OpenEnvoy gets early funding to build freight bill audit momentum
Eric Johnson, Senior Technology Editor |
Invoice automation provider OpenEnvoy has translated early traction in the logistics industry into a sizable seed round intended to help it scale quickly.
Logistics Technology News
Trucking News
Lender merges acquired brands to tap into logistics consolidation power
Eric Johnson, Senior Technology Editor |
Factoring solutions provider and lender eCapital saw an uptick in revenue in 2020 and is now merging its acquisitions under a single brand as it sees consolidation taking root in the logistics financial services space.
Logistics Technology News
Trucking News
Truck brokers
Coming US hurricane season heightens supply chain risks: Convoy
William B. Cassidy, Senior Editor |
Digital marketplace Convoy is warning US shippers and trucking companies of the risks from what may be the sixth straight year of above-average hurricanes and storms.
Trucking News
Nuvocargo lands $12 million investment to build US-Mexico logistics platform
Eric Johnson, Senior Technology Editor |
Funding for cross-border technology startup Nuvocargo continues a trend of investment into companies targeting the disjointed processes associated with US-Mexico logistics and transportation.
Logistics Technology News
Trucking News
Truck brokers
Autonomous truck maker TuSimple launches $1 billion IPO
William B. Cassidy, Senior Editor |
Technology firms driving autonomous trucking forward are seeking the investment and partnerships they need to expand rapidly, anticipating growing demand.
Trucking News
Logistics Technology News
Small trucking firm aims for ‘sustainable’ approach to driver pay
William B. Cassidy, Senior Editor |
Alabama-based truckload carrier AMX is raising driver pay, but wants to do so in a way that will allow the carrier to maintain increased wages when demand – and rates – recede.
Truckload
Trucking labor
Trucking recruiters face long haul in hunt for drivers
William B. Cassidy, Senior Editor |
US trucking companies reversed a three-month decline in jobs in March, but they haven’t escaped the employment crater created by the COVID-19 pandemic and recession.
Truckload
LTL
Trucking labor
Manufacturing recovery challenges US LTL capacity
William B. Cassidy, Senior Editor |
US trucking companies already running at full capacity will soon be receiving even more freight as manufacturing activity expands.
LTL
Largest US truckload carriers adding trucks, but not many
William B. Cassidy, Senior Editor |
The JOC Truckload Capacity Index rose 2.1 percentage points in the fourth quarter, as some of the largest US truckload carriers expanded dedicated business or replaced older rigs.
Truckload
US truckload driver turnover flattens as wages, demand rise: ATA
William B. Cassidy, Senior Editor |
Truck driver pay is improving, and that may be keeping more drivers behind the wheel, rather than jumping from job to job.
Truckload
LTL
Trucking labor
Baton gets VC funding to link truckload, final-mile
Eric Johnson, Senior Technology Editor |
San Francisco-based Baton, the developer of a software-based drop-zone model linking truckload with final-mile in Los Angeles, has landed a $10.5 million funding round to expand the concept into other North American cities.
Logistics Technology News
Trucking News
TPM21: E-commerce spurs growth in container transloading
William B. Cassidy, Senior Editor |
Rapid e-commerce delivery requirements, as well as capacity shortages and equipment imbalances, are spurring the growth of transloading near US seaports, speakers at TPM21 said.
Trucking News
Drayage
MyCarrier gets VC funding to build out small shipper LTL tech
Eric Johnson, Senior Technology Editor |
A veteran of freight broker GlobalTranz has landed an $8 million funding round to enhance a multi-carrier marketplace and transportation management system for less-than-truckload shippers.
Logistics Technology News
Trucking News
LTL
Truck brokers
Commerce Department moves ahead with duties on Chinese chassis
Ari Ashe, Senior Editor |
The Commerce Department will push ahead with an anti-dumping duty on Chinese-built marine chassis, which would raise prices on equipment at a time when there are dislocations and shortages in several US ports and rail hubs.
Truckload
SupplyStack-project44 tie-up a sign of need to embed visibility into TMS
Eric Johnson, Senior Technology Editor |
A partnership between TMS provider SupplyStack and visibility company project44 is emblematic of a growing need for European shippers to embed visibility into their shipment management workflow.
Logistics Technology News
Trucking News
TPM21: Parcel shippers need better visibility to avoid delays
Cathy Morrow Roberson, Senior Contributor |
Shippers and customers are turning to tracking tools to understand where parcels are in networks and when they will be delivered as e-commerce parcel volumes grow.
Trucking News
TPM21: US shipper demand for dedicated trucking accelerates
William B. Cassidy, Senior Editor |
Tight truck capacity is a prime reason for the growth of dedicated trucking, but not the only one. Shippers are using dedicated as a tool to influence customers and reshape supply chains.
Truckload
LTL
JOC Rankings: Truckload carriers trimmed fleets in 2020 as revenues slid
William B. Cassidy, Senior Editor |
As the market careened downhill in the first half of 2020, many of the largest truckload carriers began reducing their fleets, and many did not begin adding trucks when demand returned and capacity tightened.
Truckload
GlobalTranz, MIT partner on LTL to truckload migration
Eric Johnson, Senior Technology Editor |
Modal-switching technology tested by MIT and broker GlobalTranz is showing that shippers can save costs by grouping less-than-truckload linehaul freight to multi-stop truckloads.
Logistics Technology News
Trucking News
Truck brokers
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