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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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Trucking News
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The latest
Surface
News & Analysis
Short Line Rail Freight Rises in Final July Week
John D. Boyd |
Freight traffic for most North American short lines increased 3.1 percent in the week ending July 30 from a week earlier, as intermodal and lumber loadings set new 2011 highs.
North-American rail
Rail News
Refrigerated Trucker FFE Industries Narrows Loss
William B. Cassidy |
Refrigerated trucking operator Frozen Food Express Industries cut its net loss by 25 percent from a year ago to $3.3 m
Truckload
Trucking News
LTL
Manufacturing A Surge
John D. Boyd |
Railcar builders are finally seeing swelling order books after a long struggle out of recession, and are forecasting even better times ahead.
Rail News
FreightCar Cites “Mixed Signals” in Rail Market
John D. Boyd |
FreightCar America, an equipment builder that specializes in coal-hauling railcars, reported improved earnings for the second quarter but pointed to “mixed signals” about the pace of econo
North-American rail
Rail News
Roadrunner Transportation Posts $7.4 Million Profit
William B. Cassidy |
Roadrunner Transportation Systems reported a $7.4 million net profit in the second quarter, as the trucker’s total revenue leaped 30.4 percent to $208.3 million.
LTL
Trucking News
Greenbrier Books Railcar Orders for $285 Million
John D. Boyd |
Railcar builder Greenbrier said it has booked orders in June and July to build another 3,700 railcars valued around $285 million.
North-American rail
Rail News
DOT Finalizes $336 Million for State Trains
John D. Boyd |
Transportation Secretary Ray LaHood said California, Illinois, Iowa, Michigan and Missouri will receive $336.2 million under to buy trains for passenger rail corridors in routes shared with freight ra
Transport, Trade and Regulation News
Rail News
Trucker Estes Express to Raise Rates 6.9 Percent
William B. Cassidy |
Estes Express Lines will raise less-than-truckload rates an average 6.9 percent effective Aug. 8, matching rate hikes by many of its LTL competitors.
LTL
Trucking News
CN Spends $165 Million to Expand Yard Near Chicago
John D. Boyd |
Canadian National Railway will spend $165 million to expand a freight yard in Gary, Ind., that it uses to build general freight trains, and to relocate a locomotive repair shop to there from Chicago.<
North-American rail
Rail News
Freight Shipments Down 3.7 Percent in July
William B. Cassidy |
Freight shipments declined 3.7 percent in July from the previous month, a sign the sluggish economy is slipping, Cass Information Systems said Wednesday.
Truckload
LTL
Arkansas Best Swings to $5.3 Million Profit
William B. Cassidy |
Arkansas Best, parent of ABF Freight System, returned to the black for the first time in nearly three years with a $5.3 million net profit in the second quarter on a sharp gain in pricing that pushed
LTL
Trucking News
Genesee Buys Short Line in Arizona
John D. Boyd |
Short line railroad owner Genesee & Wyoming signed an agreement to buy Arizona Eastern Railway from Iowa Pacific Holding for $90.1 million in cash.
North-American rail
Rail News
NAFTA Surface Trade Rises 15.7 Percent
William B. Cassidy |
The value of goods transported by truck and rail between the U.S., Mexico and Canada rose 15.7 percent in May, the Bureau of Transportation Statistics said.
Transport, Trade and Regulation News
Trucking News
Rail News
Roadrunner Buys West Coast Drayage Operator
William B. Cassidy |
Roadrunner Transportation Systems bought West Coast intermodal specialist The James Brooks Co., a $12 million company in 2010, for approximately $7.5 million.
Trucking News
Diesel Prices Fall First Time in Four Weeks
Mark Szakonyi |
Diesel prices across the United States fell 1.2 cents in the week ending Aug.1, ending t
Trucking News
ODFL Launches Third-Party Logistics Provider
William B. Cassidy |
Old Dominion Freight Line on Monday combined several existing business units to launch a carrier “neutral” third-party logistics provider, Vault Logistics.
Transport, Trade and Regulation News
Trucking News
LTL
Truck brokers
Smid Retires as President of YRC
William B. Cassidy |
Michael J. Smid, the chief operating officer of YRC Worldwide who handled the largest carrier less-than-truckload consolidation in history, left the company Friday.
Trucking News
LTL
Universal Truckload Profit Falls 13.9 Percent
William B. Cassidy |
Universal Truckload Service’s profit slipped 13.9 percent in the second quarter, despite gains in its core truckload revenue, brokerage and intermodal businesses.
Trucking News
Amazon to Build Three Tennessee Distribution Centers
John D. Boyd |
Internet retailing giant Amazon.com plans to open three more regional distribution centers in Tennessee this year, part of a broader strategy to build warehousing and fulfillment facilities across the
Transport, Trade and Regulation News
Trucking News
Rail Shippers and Rails Pack Pricing Punch
John D. Boyd |
Railroad executives might not agree precisely on how much the economy is recovering from its springtime slump, but one thing was clear from the early returns on railroad earnings: They can price for h
International ports
Rail News
YRC Enters the Welch Era
New CEO moves quickly to demonstrate YRC’s value |
Leading YRC Worldwide back to profitability may be the toughest job in trucking, and it belongs to James L. Welch.
LTL
Trucking News
Trucking labor
Road to Recovery
William B. Cassidy |
As James Welch returns to the less-than-truckload company he left four years ago, his big challenge is getting a much different YRC Worldwide and its new industry dynamics to add up to a profit.
LTL
Trucking News
Trucking labor
Group Fears Fuel Rules Will Drain Road Funds
John D. Boyd |
An accord between President Obama and carmakers to sharply boost automobile fuel efficiency will drain tens of billions of dollars from federal road funds, said the American Road & Transportation
Rail News
Intermodal Volume Falls From June to July
John D. Boyd |
Major railroads are seeing intermodal volume in July trail June peak levels by thousands of container and trailer hauls each week, amid a slowdown in boxed imports from Asia.
Rail News
North-American rail
Echo Global Revenue Surges to $151.5 Million
William B. Cassidy |
A 56 percent increase in individual truck brokerage sales shot second quarter revenue at Echo Global Logistics 38 percent higher than a year ago to $151.5 million.
Transport, Trade and Regulation News
Trucking News
Truck brokers
CRST Buys Specialized Transportation
William B. Cassidy |
Truckload carrier CRST International expanded its capacity, revenue base and diversified its business by acquiring Specialized Transportation for an undisclosed sum.
Trucking News
LTL
GATX Hikes Outlook on Rail Lease Strength
John D. Boyd |
Railcar leasing giant GATX raised its outlook for this year on continued signs of strength in the rail freight market in North American and Europe, including higher utilization of its large equipment
Rail News
North-American rail
Transport Corp. of India Profit Increases
JOC Staff |
Transport Corporation of India, the country’s largest integrated supply chain and logistics service provider, said Friday its net profit in the first quarter grew 10 percent year-over-year to $3
Transport, Trade and Regulation News
Maritime
Trucking News
NY-NJ Port Truckers Face Chassis Shortage
Peter T. Leach |
Truckers that dray containers to and from many of the ocean terminals in the Port of New York and New Jersey say there aren’t enough chassis available in the ocean carriers’ chassis pool t
Port News
Maritime
Trucking News
Container lines
Truckload Carriers Hungry for Acquisitions
William B. Cassidy |
More than half of the truckload carriers polled in a recent survey said they would be interested in buying or selling their business, Transport Capital Partners said.
Trucking News
Knight Profit Up 3.3 Percent as Costs Rise
William B. Cassidy |
Knight Transportation kicked its profit into higher gear in the second quarter, but still struggled with higher purchased transportation, fuel and other costs.
Trucking News
Pacer Profits Triple as Business Model Shifts
John D. Boyd |
Intermodal middleman Pacer International’s profit tripled year-over-year in the second quarter despite shrinkage in top-line receipts, as the company transitions from wholesaling train space to
Intermodal providers
Rail News
North-American rail
ODFL Profit Leaps 83.1 Percent
William B. Cassidy |
Old Dominion Freight Line increased its profit 83.1 percent to $39.4 million in the second quarter, as revenue rose 30.4 percent from a year ago to $480.3 million.
LTL
Trucking News
American Railcar Sees Orders Jump
John D. Boyd |
American Railcar Industries is seeing a big rise in orders to manufacture new units this year, with 2,200 more placed so far in July.
Rail News
North-American rail
YRC Worldwide Seeks New CFO
William B. Cassidy |
YRC Worldwide named Jamie G. Pierson, a managing director with Alvarez & Marsal North America, interim chief financial officer while it seeks a permanent CFO.
Trucking News
LTL
RailAmerica Swings to $8.7 Million Profit
John D. Boyd |
RailAmerica, operator of 43 small railroads in the U.S. and Canada, swung to an $8.7 million profit in the April-June quarter on continuing operations, from a $4.2 million loss a year earlier.
North-American rail
Rail News
Hub Group Profit Rises 49 Percent
John D. Boyd |
Intermodal service provider Hub Group’s second quarter profit rose 49 percent year-over-year to $14.4 million, powered by a 12 percent increase in shipments loaded onto railcars.
Intermodal providers
Trucking News
Rail News
North-American rail
Trucker Saia Increases Profit 41 Percent
William B. Cassidy |
Multiregional less-than-truckload carrier Saia increased its year-over-year profit 41 percent to $8.3 million in the second quarter, as its revenue rose 15 percent to $266 million.
Trucking News
LTL
Higher Fuel Costs Cut into Covenant Profit
William B. Cassidy |
Higher costs and less efficient use of its trucks drove Covenant Transportation Group’s profit down 42.7 percent year-over-year in the second quarter to $1.7 million.
Trucking News
VDOT's Connaughton Promotes Shipper Incentives
R.G. Edmonson |
The Commonwealth of Virginia is offering shippers a tax credit for moving containers off the highways to the marine highway or railways, Virginia Secretary of Transportation Sean Connaughton said Tues
Maritime
Rail News
Transport, Trade and Regulation News
Forwarding
North American ports
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