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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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Surface
News & Analysis
FedEx Raising Spending to $4.2 Billion in 2012
William B. Cassidy |
FedEx will increase capital spending 24 percent over the next year, adding $800 million as it replenishes its fleets with new aircraft, trucks and tractors.
Air Cargo Carriers News
Air Cargo Forwarder News
LTL
Class 8 Truck Order Backlog Expands
William B. Cassidy |
The backlog of Class 8 trucks on order to be built is getting bigger, as demand for new trucks remains strong despite a slowing economy, ACT Research said.
Truckload
Trucking News
LTL
Truckload Shipping Volume, Rates Rose in June
William B. Cassidy |
Truckload shipping volumes increased 2 to 3 percent in June from the previous month, with rates rising 4 to 5 percent, according to Longbow Research.
Trucking News
LTL
CSX Boosts Capital Spending By 10 Percent
John D. Boyd |
CSX Transportation is increasing its capital spending plan for this year to $2.2 billion, up from an initial $2 billion, as it locks in more orders for new railcars to haul export coal.
Rail News
North-American rail
DOT Freight Index Hits Six-Month Low
Joseph Bonney |
Freight carried by for-hire transportation carriers declined 1.8 percent in May from April to its lowest level since November, the Transportation Department’s Freight Transportation Services Ind
Transport, Trade and Regulation News
Maritime
Air Cargo
Trucking News
Rail News
YRC Worldwide to Draw $255 Million on New Loan
William B. Cassidy |
YRC Worldwide expects to draw $255 million from its new $400 million asset-based loan to help repay its existing asset-based loan and set up an escrow account.
Trucking News
LTL
TransContainer's Second Quarter Traffic Up 14 Percent
Bruce Barnard |
TransContainer, Russia’s largest rail container operator, boosted second quarter traffic by 13.9 percent compared to last year, as export volume growth outpaced domestic growth.
Rail News
UCLA-Ceridian Trucking Index Rises in June
William B. Cassidy |
The Ceridian-UCLA Pulse of Commerce index pulled out of its two-month slide with a 1 percent increase in June, though it remains lower than it was in March.
Trucking News
LTL
KCS Gets $56 Million in Hurricane Claims
John D. Boyd |
Kansas City Southern is receiving a $56 million insurance payment for lost profits and property damage last year from Hurricane Alex, which hit the railroad hard when it blew into Mexico.
Rail News
North-American rail
Diesel Prices Rise First Time in a Month
Mark Szakonyi |
Diesel prices across the United States jumped 4.9 cents a gallon in the week ending July 11, rising for the first time in a month just as oil prices on world markets showed new upward pressure, the U.
Trucking News
Truckload Capacity Index Drops 16.5 Percent
William B. Cassidy |
A key measure of truckload capacity eased last week, after tightening for several weeks.
Trucking News
Gas Companies Plan LNG Truck Fueling Network
William B. Cassidy |
A major natural gas company is investing $150 million in a venture that would build 150 liquid natural gas fueling stations for heavy trucks at truck stops nationwide.
Truckload
LTL
Railcar Owners Pull More Units Out of Storage in June
John D. Boyd |
As freight traffic began to recover from a spring slowdown, owners of parked railcars across North America pulled 2,847 units out of storage in June, nearly reversing the number of units they idled du
Rail News
North-American rail
Greatwide Logistics Picks Former Airline Chief As CEO
William Cassidy |
Greatwide Logistics tapped John P. Tague, the former president of United Airlines, as chief executive officer, succeeding veteran trucking executive Leo Suggs.
Trucking News
Truck brokers
Advocate Sees Container-on-Barge Potential
R.G. Edmonson |
Container-on-barge service could be a $500 million business on the inland waterways, but the federal government hasn’t been willing to test the idea on a large scale to prove its value, accordin
Maritime
Trucking News
Rail News
June Rail Carloads Grow 0.9 Percent
John D. Boyd |
U.S.
Rail News
North-American rail
Schneider National Adding 300 Drivers
Mark Szakonyi |
Schneider National is looking to hire 300 truck drivers in Texas, Oklahoma and New Mexico for its dedicated and bulk divisions to serve the region’s booming oil business.
Truckload
Trucking labor
APL Logistics Starts India Stacktrain Service
Mark Szakonyi |
APL Logistics is offering double-stack container service in India and plans to expand its service as more rail corridors are approved for stacktrains.
Rail News
YRC Worldwide Gets $400 Million From Lenders
William B. Cassidy |
Trucking giant YRC Worldwide secured a $400 million asset-based loan facility from its lenders, a key step toward completing its
LTL
Trucking News
YRC Worldwide Closes In on Restructuring
William B. Cassidy |
YRC Worldwide is one step away from completing its financial restructuring by a July 22 deadline, a key official at th
Trucking News
LTL
Trucking labor
Rails Warn of Lengthy Flood Problems
John D. Boyd |
Major railroads are warning customers that shipment delays, detours and track outages from the flooding Missouri River could last weeks longer, suggesting the river will have disrupted
Transport, Trade and Regulation News
North-American rail
YRC Worldwide Names Christopher Wren Treasurer
William B. Cassidy |
YRC Worldwide named financial executive Christopher C. Wren senior vice president and treasurer of the $4.3 billion trucking enterprise.
Trucking labor
Trucking News
LTL
FMC to Discuss PierPass Fee Hike
R.G. Edmonson |
The Federal Maritime Commission will discuss a proposal to increase the PierPass traffic mitigation fee to $60 per TEU when it meets July 13.
Maritime
Trucking News
Forwarding
Greenbrier Revenue Soars 153 Percent
John D. Boyd |
Greenbrier Companies, one of North America’s major builders of freight railcars plus some barges, saw revenue soar 153 percent in its fiscal third quarter that ended May 31, mainly on the streng
Rail News
North-American rail
Trucking Payroll Rose 0.3 Percent in June
William B. Cassidy |
The for-hire trucking industry is adding workers to company payrolls while the national unemployment rate continues to rise.
Trucking labor
Trucking News
LTL
Spot Market Truckload Rates Up 4.5 Percent
William B. Cassidy |
Spot market truckload rates rose 4.5 percent in June from May, according to TransCore Freight Solutions, as truckload capacity dropped 7 percent.
Truckload
Trucking News
Truck brokers
Freight Broker Revenue Grows 17.1 Percent
JOC Staff |
Freight brokers increased their revenue 17.1 percent in the first quarter from the same period a year ago as the third-party logistics companies expanded fastest in business beyond their cor
Truck brokers
Trucking News
LTL
STB Slashes Rail Shipper Dispute Filing Fees
John D. Boyd |
The regulator of economic disputes between railroads and their freight shippers has slashed its filing fee structure, meaning rail customers can file a major challenge to freight rates for $350 instea
International ports
Rail News
Transport, Trade and Regulation News
Indian Port Trucker Strike Ends
JOC Staff |
A five-day-old trucker strike at India's Vallarpadam International Container Transshipment Terminal ended late Wednesday following talks between union leaders and terminal operator DP World.
Port News
Maritime
Trucking News
Forwarding
House Democrat Targets Mexican Trucking Program
William B. Cassidy |
Rep.
Trucking News
Transport, Trade and Regulation News
CMA CGM Starts Fifth Belgium-Germany Rail Shuttle
Peter T. Leach |
CMA CGM has started providing intermodal rail service between the Belgian port of Zeebrugge and the tri-modal hub in Duisburg, Germany.
Port News
Maritime
Rail News
Forwarding
CSX, KCS Announce Executive Staff Additions, Moves
John D. Boyd |
CSX Transportation and Kansas City Southern, two of the seven largest freight railroads in North America, announced several executive staff changes taking place this week.
North-American rail
Rail News
ABF Wins Appeal on YRC, Teamsters Suit
William B. Cassidy |
ABF Freight System won an important victory in its challenge to wage and benefits concessions the Teamsters union granted YRC Worldwide and its subsidiaries.
Trucking labor
Trucking News
LTL
NJ Port Drivers Sue Over Contractor Status
Joseph Bonney |
Owner-operator truck drivers this week sued one of the largest drayage operators at the Port of New York and New Jersey, claiming the company improperly classified them as independent contractors inst
Trucking labor
DHL Starts NY-Durban LCL Service
Peter T. Leach |
DHL is starting a weekly less-than-containerload ocean service from New York Harbor to Durban, South Africa.
Trucking News
Air Cargo Forwarder News
ABF Freight Hikes LTL Truck Rates 6.9 Percent
William B. Cassidy |
Trucking company ABF Freight System will raise general less-than-truckload rates 6.9 percent July 25, the company said Wednesday.
LTL
Analysts Expect More LTL Rate Hikes
William B. Cassidy |
UPS Freight’s Aug. 1 rate hike is likely to set off a round of early general rate increases in the less-than-truckload market, key financial analysts said.
Trucking News
LTL
US, Mexico Sign Cross-Border Trucking Pact
William B. Cassidy |
The U.S.
LTL
Bridgestone Hikes Truck Tire, Retread Prices
William B. Cassidy |
Bridgestone Commercial Solutions will hike the price of truck and bus tires and tire retreads by 11 percent on average, the company said.
Trucking News
Diesel Price Slides Another 3.8 Cents
JOC Staff |
The average price of diesel fuel fell for the eight time in the last nine weeks, sliding 3.8 cents a gallon to the lowest point since Feb. 28, the U.S.
Trucking News
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