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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
E-commerce fuels Roadrunner’s LTL expansion
William B. Cassidy, Senior Editor |
Roadrunner Freight is adding new LTL terminals on two coasts and in Chicago, tightening its network as it wins more e-commerce freight and expands in a recession.
LTL
Smarthop targets small truckload carrier standardization
Eric Johnson, Senior Technology Editor |
A Miami startup intends to create a software platform that levels the playing field for small truckload carriers by giving them a backbone system that also makes their interactions with brokers more consistent.
Logistics Technology News
Trucking News
Truck brokers
Trucker Tools adds depth to its broker customer list
Eric Johnson, Senior Technology Editor |
Ryder, Blue Grace, and ARL Logistics have either started using or expanded existing relationships with truckload broker software provider Trucker Tool, signaling broader use of third-party tools as an edge in a fragmented market.
Logistics Technology News
Trucking News
Congressional commission challenges $700 million YRC loan
William B. Cassidy, Senior Editor |
A bipartisan congressional commission questioned a $700 million US loan to YRC Worldwide, but its ability to scuttle the loan is questionable.
LTL
J.B. Hunt cautious on Q3 volumes despite June intermodal surge
Ari Ashe, Senior Editor |
Despite an unexpected uptick in intermodal volume to close the second quarter, J.B. Hunt Transport Services says third-quarter consumer demand remains unpredictable due to the effects of the COVID-19 pandemic.
Truckload
JOC Uncharted: COVID-19’s economic drag deepens
William B. Cassidy, Senior Editor |
The continuing surge in COVID-19 cases acts as an anchor on the economic recovery and could turn a U-shaped recovery into a W-shaped one, IHS Markit’s chief economist warns.
Truckload
Maritime
LTL
Detroit’s ‘Matty’ Moroun bridged trucking eras
William B. Cassidy, Senior Editor |
Moroun made the trucking real estate deal of the century when he acquired the Ambassador Bridge in 1979 and shaped the flow of goods between the US and Canada for decades.
LTL
Convoy extends dedicated capacity pool to small, independent carriers
Eric Johnson, Senior Technology Editor |
Freight broker Convoy has enabled small carriers to bid for long-term dedicated freight contracts, expanding the pool of carriers shippers can access to secure such capacity.
Truck brokers
Logistics Technology News
CHR, Microsoft partner on cloud and visibility
Eric Johnson, Senior Technology Editor |
Microsoft continues to build on its position as a provider of web services to the logistics industry via an expanded relationship with C.H. Robinson, North America’s largest freight broker.
Logistics Technology News
Truck brokers
Forward Air expands into over-the-road LTL
William B. Cassidy, Senior Editor |
By launching a door-to-door, less-than-truckload business in Savannah, Forward Air is adding more freight and building density in its airport-to-airport network.
LTL
Air Cargo Forwarder News
Heavy transport demand keeps rolling despite COVID‑19 complications
Chris Barnett, Special Correspondent |
US land-based heavy transport has largely been able to continue during the COVID-19 pandemic thanks to its designation as an essential service, but like other parts of the project supply chain, the sector could see waning demand as the oil and gas industry pulls back on capital expenditures.
Heavy-haul transport
Trucking News
Fragmented demand portends rambling US freight recovery
William B. Cassidy, Senior Editor |
With COVID-19 flare-ups endangering reopenings across the country, the road to recovery for US shippers and transportation providers will likely look more like a mountain switchback than a sharp incline.
Trucking News
Maritime
Rail News
LTL
LTL digitization suggests more dynamic pricing
William B. Cassidy, Senior Editor |
Banyan Technology believes pricing intelligence tools will give less-than-truckload carriers more profits and shippers more savings, changing relationships and contracting.
LTL
Truckers saved by PPP need to reinvest in tech: Mazars USA
William B. Cassidy, Senior Editor |
US Payroll Protection Program loans, once forgiven, will give small trucking outfits a chance to invest in much-needed technology, a tax and accounting advisory firm says.
Truckload
Drayage
LTL
Truck brokers
European trucking market to take $72 billion COVID-19 hit
Greg Knowler, Senior Editor Europe |
Escalating losses from weak demand and an uncertain — and uneven — recovery are pushing European trucking companies to the edge, a new report shows.
Trucking News
Uber Freight casting wider TMS net with Blue Yonder connection
Eric Johnson, Senior Technology Editor |
Uber Freight has expanded its network of transportation management system integrations by piping its instantly available capacity into the Blue Yonder freight execution system.
Logistics Technology News
Trucking News
Truck brokers
PPP loans supporting 30 percent of US for-hire trucking jobs
William B. Cassidy, Senior Editor |
A large chunk of the US trucking sector is riding on Payroll Protection Program loans, which likely averted a capacity crunch in June and may still be shielding shippers this fall.
Truckload
LTL
Truck brokers
Startup aims to bridge gap between trucking optimization, execution
Eric Johnson, Senior Technology Editor |
A founder with lineage in the freight optimization space has started a new technology provider to help trucking companies better account for unknown variables in their network planning.
Logistics Technology News
Trucking News
LTL
Truckload
Increase in US truck freight tightens pricing pressure
William B. Cassidy, Senior Editor |
Shippers are rethinking both long-term and short-term truckload contracting and pricing strategies as freight levels rise from spring’s recessionary lows.
Truckload
LTL
JOC Uncharted: Digitalization will reduce LTL costs, improve service
Ari Ashe, Senior Editor |
Shippers looking to cut costs should examine how much digital integration they have with their less-than-truckload (LTL) partners and whether their transportation and dock operations are as efficient as possible, panelists told JOC Uncharted.
LTL
US lifeline to YRC Worldwide calms LTL market
William B. Cassidy, Senior Editor |
The US government’s $700 million loan to YRC Worldwide guarantees LTL stability in an uncertain economy.
LTL
US trucking regains 44 percent of jobs lost to pandemic
William B. Cassidy, Senior Editor |
Unadjusted Labor Department employment numbers show motor carriers have recovered about 44 percent of the jobs lost from February to April.
Trucking News
US loans YRC Worldwide $700 million, citing ‘national security’
William B. Cassidy, Senior Editor |
The US CARES Act loan to YRC Worldwide keeps US military LTL shipments moving, and gives the US taxpayer a nearly 30 percent share in the company.
LTL
Comcar truckload asset deal expands Canada’s TFI’s US reach
William B. Cassidy, Senior Editor |
Bankrupt Comcar sells its dry-van and refrigerated trucking subsidiary to Canada’s largest transportation company, which is expanding its presence in the United States.
Truckload
COVID-19 creates dangerous shipper divide: CSCMP
William B. Cassidy, Senior Editor |
Shippers split between those growing during recession and those struggling need to focus on long-term supply-chain improvements to reduce costs, rather than short-term rate cuts.
Trucking News
LTL
Pandemic pushes US shippers to rethink sourcing, tech spend
William B. Cassidy, Senior Editor |
The pandemic-inspired shift to online shopping will have lasting effects on shippers’ transportation choices, according to the CSCMP State of Logistics Report.
Truckload
LTL
Freight payment vendor hit by system outage
Eric Johnson, Senior Technology Editor |
Data2Logistics has been struggling through a system outage this week that is leaving its shipper customers unable to pay carriers through its platform.
Logistics Technology News
Trucking News
PPP loans could preserve US trucking capacity
William B. Cassidy, Senior Editor |
Payroll Protection Program loans could keep struggling small trucking companies in business, and prevent a truck capacity crunch shippers fear — if enough carriers apply for them.
Truckload
LTL
US small trucking companies need federal support: Transfix
Lily Shen, president and CEO, Transfix |
The domestic supply chain is a perfect example of a sector that is in dire need of fortification, and it needs to begin with small, over-the-road carriers, the CEO of Transfix says.
Trucking News
Rising US truck spot rates likely to flatten in early July: DAT
William B. Cassidy, Senior Editor |
This month’s seasonal burst of truck freight shipping is expected to fade after Independence Day, putting more pressure on small trucking operators struggling to stay on the road.
Truckload
TFI acquisition taps cross-border drayage capacity
William B. Cassidy, Senior Editor |
The addition of Gusgo Transport to its operating subsidiaries gives TFI deeper access to international containerized freight moving between the US and Canada.
Truckload
Drayage
LTL
Pitt Ohio adjusts to new LTL reality even as demand picks up
William B. Cassidy, Senior Editor |
Business is slowly coming back, but safety concerns will force changes in ways carriers, shippers operate, Pitt Ohio CEO Chuck Hammel says.
LTL
US shippers seek clearer view of demand in patchwork reopening
William B. Cassidy, Senior Editor |
US businesses are rushing to develop a clearer picture of customer demand and freight capacity as they move beyond the early stages of reopening stores and factories.
Trucking News
Nearshoring offers hope to grim Mexican freight outlook
Michael Angell, Special Correspondent |
Mexico’s exports in April dropped 41 percent year over year, the biggest one-month drop since the country’s 1986 fiscal crisis.
Trucking News
Economy will not return to pre-COVID levels until mid-2021: ATA
Ari Ashe, Senior Editor |
Economists with American Trucking Associations believe the US economy will contract this year at the highest rate since 1946, and that although numbers will look much better in the second half of 2020, it will be another 12 months until markets return to pre-COVID pandemic levels.
Truckload
US trucking employment sees slight rebound in May
William B. Cassidy, Senior Editor |
The US trucking sector added back a small portion of the jobs lost during March and April as businesses reopened, a sign that shipper demand for trucking services may be on the road to recovering from the COVID-19 recession.
Trucking labor
Werner taps into Trucker Tools small carrier capacity pool
Eric Johnson, Senior Technology Editor |
Werner is the latest broker to use software from Trucker Tools to tap into the app provider’s reach into the North American small carrier and independent driver population.
Logistics Technology News
Trucking News
Truck brokers
JOC Uncharted: Trucking bankruptcies rising, but not to ‘catastrophic’ levels
William B. Cassidy, Senior Editor |
Lower fuel prices are helping small trucking businesses survive the worst economy since the 1930s, according to Donald Broughton, which means shippers may find more truck capacity and less pricing pressure than expected this fall.
Truckload
LTL
Truck brokers
US LTL carriers see ‘gradual’ improvement in dismal May
William B. Cassidy, Senior Editor |
Shipments were down year over year in May at less-than-truckload carriers ODFL and Saia, but not by as much as in April, a sign the US industrial economy is beginning to improve.
LTL
3PL Transplace jumps into parcel market
William B. Cassidy, Senior Editor |
The acquisition of ScanData gives Transplace broader supply chain reach as the COVID-19 pandemic accelerates e-commerce demand.
Truck brokers
Air Cargo Forwarder News
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