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Explore the world of ground transport news - from trucks to railroads, intermodal connections, and port ties. Daily insights on US and global shipments.
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News & Analysis
Genesee & Wyoming Profit, Pricing Leap
Mark Szakonyi, Daily Content Editor |
Genesee & Wyoming’s net profit jumped 32.6 percent to $32.9 million in the third quarter, as the <
North-American rail
Rail News
Russia’s Richest Man Buys Russian Railways Freight Unit
Bruce Barnard, Special Correspondent |
Vladimir Lisin, reputed to be Russia’s richest man, won the auction for state-owned Russian Railways cargo arm, Freight One, in a $4.2 billion deal that gives him control over a fifth of the nat
Rail News
Diesel Prices Hit 12-Week High
Mark Szakonyi, Daily Content Editor |
Diesel prices across the United States jumped 6.7 cents in the week ending Oct. 31, extending a sudden upturn that pushed diesel to its highest point in three months.
Truckload
Trucking News
Canadian Pacific Targeted in Buyout Rumors
JOC Staff |
A private equity firm’s new minority stake in Canadian Pacific Railway is triggering suggestions of a large reorganization and even a potential outright sale of Canada’s second-largest rai
North-American rail
Saia Profit Soared in Third Quarter
William B. Cassidy |
Multiregional less-than-truckload carrier Saia nearly doubled its net profit year-over-year in the third quarter as revenue rose 14 pe
Trucking News
LTL
LA Confident on Clean-Trucks Program at Supreme Court
Bill Mongelluzzo, Senior Editor |
The Port of Los Angeles will enforce all concession requirements in its clean-truck program upheld in a recent ruling by the U.S.
Port News
Maritime
Trucking News
Transport, Trade and Regulation News
Forwarding
ABF Freight Builds Profit as Tonnage Declines
William B. Cassidy, Senior Editor |
Arkansas Best swung to a $12.3 million net profit in the third quarter from a loss a year ago despite lower freight volume at the less-than-truckload subsidiary, ABF Freight System.
LTL
Trucking News
YRC Worldwide to Stay on Nasdaq Exchange
William B. Cassidy, Senior Editor |
Struggling trucking giant YRC Worldwide may stay on the Nasdaq stock exchange despite the low value of its stock, a Nasdaq hearings panel decided this week.
LTL
Trucking News
RailAmerica Profit Up 13.7 Percent, Carloads Down
Mark Szakonyi, Daily Content Editor |
RailAmerica, operator of 43 small railroads in the U.S.
North-American rail
Rail News
Rail Signs Pointing Higher
John D. Boyd |
The railroad industry expects to keep hauling more freight in the months ahead, but the profits should remain strong whether the freight demand grows or not.
Rail News
North-American rail
Knight Boosts Revenue to $227 Million
William B. Cassidy, Senior Editor |
Knight Transportation increased revenue 18.4 percent year-over-year in the third quarter to $227.1 million, but profit dropped slightly to $16.6 million as the truckload carrier expanded several lines
Truckload
Trucking News
Trucking Rides a Domestic Wave
William B. Cassidy |
Domestic truck volumes in North America are on a different course than U.S.-bound containerized ocean freight, rising faster year-over-year and showing surprising strength in the teeth of increasingly
Trucking News
A Market Share Shift?
William B. Cassidy |
Some of the largest truckload carriers reported rising third quarter volumes, but not all carriers got into the fast lane.
Trucking News
ODFL Revenue Nears $500 Million in Quarter
William B. Cassidy, Senior Editor |
Old Dominion Freight Line’s third-quarter revenue reached nearly half a billion dollars, a record for the sixth-largest U.S.
LTL
Trucking News
Celadon Trucking Profit Jumps 23 Percent
William B. Cassidy, Senior Editor |
Celadon Trucking’s freight revenue dropped 6 percent in the third quarter, but the truckload carrier’s profit rose 23 percent as tighter cost controls and higher pricing improved yield.
Truckload
Trucking News
Pacer Profit Jumps Six-Fold to $6.6 Million
John D. Boyd, Associate Editor |
Intermodal provider Pacer International had a
Intermodal providers
Rail News
Norfolk Southern Profit Jumps 24 Percent
JOC Staff |
Norfolk Southern Railway saw third quarter profit jump 24 percent to $554 million, with a solid 3.3 percent growth in volume, and the Eastern railroad said growth is continuing despite widespread conc
North-American rail
ATA Seeks Supreme Court Review of Clean-Truck Program
Bill Mongelluzzo, Associate Editor |
The executive committee of the American Trucking Associations voted unanimously to seek a U.S.
Port News
Trucking News
Transport, Trade and Regulation News
YRC Reorganizes Regions, Leadership
William B. Cassidy, Senior Editor |
Less-than-truckload carrier YRC, moving to overhaul its operations after a change in leadership, is consolidating geographic regions and streamlining its management under new president
LTL
Trucking News
Five Ways to Find Capacity
JOC Staff |
Truckload
Heartland Express Profit Drops 15.8 Percent
William B. Cassidy, Senior Editor |
Rising fuel prices and tight driver availability slowed profit growth at Heartland Express, still one of the most profitable truckload carriers in the U.S.
Truckload
Trucking News
Profit Surges at Trinity’s Railcar Units
John D. Boyd, Associate Editor |
Trinity Industries, North America’s largest railcar manufacturer and builder of barges, wind towers and steel construction supports, saw third-quarter profit and revenue leap at its railcar buil
North-American rail
Maritime
Rail News
C.H. Robinson Profit, Revenue Rise 11 Percent
William B. Cassidy, Senior Editor |
Increases in truck and intermodal volume and pricing pushed C.H.
Truck brokers
Trucking News
LTL
CN Launches Large Share Buyback Program
John D. Boyd, Associate Editor |
The board of directors at Canadian National Railway authorized the company to buy back up to
North-American rail
Rail News
CN Profit Jumps 19 Percent on Record Loads
John D. Boyd, Associate Editor |
Canadian National Railway’s profit rose 19 percent to $648 million in the third quarter from a year ago
North-American rail
Rail News
Mica Coy on Congressional Response to HOS Ruling
Mark Szakonyi, Daily Content Editor |
House Transportation and Infrastructure Committee Chairman John Mica said he’s not ready to say how Congress will “aggressively oversee any attempts” to cut the hours truck drivers c
Trucking News
Transport, Trade and Regulation News
Used Commercial Truck Sales Rise in September
William B. Cassidy, Senior Editor |
Used truck sales bounced back in September after an extended slump during the summer, according to commercial vehicle research group ACT Research.
Truckload
Trucking News
CP Profit Falls 5.3 Percent as Intermodal Shrinks
John D. Boyd, Associate Editor |
Third-quarter profit fell 5.3 percent at Canadian Pacific Railway to $184 million, as it lost 10.1 percent of intermodal traffic from a year earlier while battling extreme weather disruptions.
North-American rail
Rail News
Paccar Hits $4.26 Billion Quarterly Sales Record
William B. Cassidy, Senior Editor |
Truck manufacturer Paccar reported the highest quarterly revenue in its history as U.S. truck operators raced to replace aging heavy trucks with newer models.
North-American rail
Trucking News
Ryder System Profit Up 44 Percent
William B. Cassidy, Senior Editor |
Ryder System increased net profit 44 percent from a year ago to $56.9 million as acquisitions and organic growth boosted third quarter revenue to $1.57 billion.
Truckload
Trucking News
Diesel Prices Rise for Second Straight Week
Mark Szakonyi, Daily Content Editor |
Diesel prices across the United States rose 2.4 cents in the week ending Oct. 24, increasing for the second straight week as crude oil prices rose to their highest point in nearly three months.
Truckload
Trucking News
Marten Transport Profit Rises 15.5 Percent
William B. Cassidy, Senior Editor |
Refrigerated trucker Marten Transport increased its net profit 15.5 percent to $6.3 million in the third quarter on higher operating revenue, volume and surcharges.
Truckload
Trucking News
Container Corp. of India Profit Down 16 Percent
JOC Staff |
Container Corp.
Intermodal providers
Maritime
Rail News
Forwarding
Landstar System Profit Leaps 38.5 Percent
William B. Cassidy, Senior Editor |
Truckload giant Landstar System increased net profit 38.5 percent to $30.2 million on a 9.8 percent increase in revenue to $684 million in the third quarter.
Truckload
Trucking News
USA Truck Loses $4.3 Million, Rejects Celadon Talks
William B. Cassidy, Senior Editor |
Truckload carrier USA Truck rejected merger talks with larger rival Celadon Group despite falling back into the red with a $4.3 million third-quarter loss.
Truckload
Trucking News
US Distilled Grain Exports Will Rebound, Report Says
Mark Szakonyi, Daily Content Editor |
U.S.
International ports
Rail News
North-American rail
CN to Assist Grain Exporter with Supply Chain
RailResource |
Agri-Food Central Ltd.
International ports
Rail News
North-American rail
Seeking Space, Creating Capacity
William B. Cassidy |
“Share and share alike” is a maxim shippers find hard to follow, especially if it means sharing zealously guarded supply chain resources.
Transport, Trade and Regulation News
Trucking News
Drivers Dominate Trucking Worries
William B. Cassidy |
What’s keeping trucking executives awake at night as 2012 approaches? If it’s not the threat of a double-dip recession, it’s drivers, drivers and drivers.
Trucking labor
Trucking News
LTL
Heading Down the Wrong Track?
John D. Boyd |
For months, year-over-year gains in rail freight traffic have countered gloom-and-doom warnings about the U.S. economy heading back into recession.
Rail News
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