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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
Truck Pricing in Canada Seen Stabilizing
William B. Cassidy |
Canadian trucking costs appear to be stabilizing, but at a level nearly 10 percent lower than a year ago, according to an index based on less-than-truckload and truckload rates.
Trucking News
LTL
UP, CSX Team Up On Domestic Intermodal
John D. Boyd |
CSX Transportation in the eastern United States and Union Pacific Railroad in the West will soon be jointly marketing a domestic intermodal service in jumbo-sized containers.
Rail News
North-American rail
Rails Cut U.S. Jobs in January
John D. Boyd |
The seven largest U.S. railroads shed 1,116 jobs in January, bringing their total workforce to a new low of 145,609 positions.
Rail News
North-American rail
YRC Closes Debt Financing Deal with New Bonds
William B. Cassidy |
YRC Worldwide yesterday closed the first part of a deal that will pay off $70 million in unsecured debt that wasn’t eliminated in its $464 million debt-for-equity swap.
Trucking News
LTL
Truck Drivers Blast Talk of U.S.-Mexico Pact
JOC Staff |
A group representing independent truck drivers accused Mexico of “economic bullying” while arguing against allowing Mexican truckers to operate in the U.S.
Transport, Trade and Regulation News
Trucking News
Profit Jumps 300 Percent at Echo Global Logistics
William B. Cassidy |
A 65 percent leap in shipment volume helped Echo Global Logistics increase revenue 47 percent and quadruple its profit in the fourth quarter, despite falling transportation rates.
Trucking News
Truck brokers
YRC Worldwide’s Reddaway Cuts Transit Times
William B. Cassidy |
YRC Worldwide’s Western subsidiary Reddaway is cutting transit times throughout its network to increase next-day and two-day delivery options for shippers.
Trucking News
LTL
Cummins to Pay $2.1 Million Penalty to EPA, CARB
William B. Cassidy |
Engine maker Cummins will pay $2.1 million for a costly supply chain error.
Trucking News
Diesel Price Soars 7.6 Cents
Thomas L. Gallagher |
Diesel prices across the United States jumped 7.6 cents over the past week, the first increase in six weeks, to their highest point since the middle of January, the U.S.
Trucking News
Intermodal Takes Separate Tracks
John D. Boyd |
The North American intermodal business is developing a split personality.
Rail News
Trucking News
Forwarding
Berkshire’s BNSF Eyes the Horizon
John D. Boyd |
As soon as BNSF Railway’s shareholders approved the planned takeover by Warren Buffett’s Berkshire Hathaway on Feb. 11, the railroad’s CEO began to fire away at Wall Street.
Rail News
DHE Buys Locally, Grows Globally
William B. Cassidy |
The nascent economic recovery is beginning to fuel consolidation in trucking, as healthier carriers expand their networks by buying up smaller competitors and niche players.
Trucking News
LTL
Rail Bill Meets Big Chill
John D. Boyd |
When Sen.
Rail News
Transport, Trade and Regulation News
Con-way Seeks New Balance
William B. Cassidy |
Con-way Freight is starting 2010 by strengthening its sales organization as it tries to bring pricing and profit into line with higher less-than-truckload freight volume.
Trucking News
LTL
Drawing the Line
Bill Mongelluzzo |
BNSF’s top intermodal executive concedes the western railroads have permanently lost much of their East Coast market share to all-water container shipping services from Asia, but Steve Branscum
Maritime
Rail News
Container lines
Forwarding
Wicked Weather Snaps Operations
John D. Boyd |
Call it a lost week for a major slice of the U.S. economy and transportation network.
Transport, Trade and Regulation News
Air Cargo
Trucking News
Rail News
Did Snow Blow Truckload Rates Higher?
William B. Cassidy |
Snowstorms that slammed the country in early February may have boosted rates for truckload carriers by freezing capacity, according to analysts at Morgan Stanley.
Trucking News
Strong Short Line Traffic Beats Weather
John D. Boyd |
North American short line railroads carried some of the strongest traffic levels in months even during storm-tossed February, as cargo loadings were consistent with a spreading recovery in the broader
Rail News
USA Truck: 'We're Not Related' to USA Carriers
William B. Cassidy |
A similar name can cause the kind of confusion USA Truck wants to avoid.
Trucking News
Domestic Intermodal Grew in Fourth Quarter
John D. Boyd |
A late-year need to refill store shelves and replenish other stocks after a “historic inventory drawdown” helped boost intermodal traffic in the fourth quarter and push domestic volume sli
Rail News
IANA Sees Intermodal Gain as Truck Surplus Fades
John D. Boyd |
The return of growth in freight shipments this year may erase the surplus of trucks this summer and push more business to combined rail-truck intermodal shipments, the Intermodal Association of North
Rail News
Railcar Makers ARI, US Railcar Team Up
John D. Boyd |
In the midst of a massive contraction for the North American freight car industry, equipment builder American Railcar Industries said it has formed a joint venture with US Railcar to produce self-prop
Rail News
Storms Cut Traffic at Large U.S. Railroads
John D. Boyd |
Major U.S.-owned railroads saw their originations of bulk commodity and equipment traffic fall more than 20,000 carloads from the end of January to mid-February, a time when powerful winter storms hit
Rail News
North-American rail
FreightCar Loses $5.6 Million on Plunging Sales
John D. Boyd |
Rail equipment supplier FreightCar America posted a $5.6 million fourth quarter loss as it said sales of railroad cars fell “significantly” – by 82 percent to $49.4 million.
Rail News
Freight Transportation Stabilized in December
Thomas L. Gallagher |
The Freight Transportation Services Index indicated a stabilizing market as it remained unc
Trucking News
Trinity Profit Falls 66 Percent to $15 Million
John D. Boyd |
Rail News
YRC Slides on Wall Street
William B. Cassidy |
YRC Worldwide’s stock value plunged today after shareholders approved the issue of more than 2 billion new shares as part of a debt-for-equity swap with bondholders.
Trucking News
LTL
DOT Awards Tiger Grants
R.G. Edmonson |
Railroad projects in seven states were the top winners Wednesday when the Department of Transportation announced recipients of $1.5 billion in TIGER grants.
Transport, Trade and Regulation News
Rail News
YRC Shareholders Approve Debt-Equity Swap
William B. Cassidy |
YRC Worldwide's shareholders approved the company's debt-for-equity swap Wednesday, clearing $550 million in debt from the company's books and giving the country's largest trucking company a new lease
Trucking News
LTL
Spot Truckload Demand Rises 54 Percent
William B. Cassidy |
Spot market demand for truckload freight rose for the fourth straight month in January, although it dipped compared with an unusually strong December, according to Transcore, which owns the DAT load-m
Trucking News
YRC Shareholders to Decide Debt Swap, Carrier’s Future
William B. Cassidy |
YRC Worldwide shareholders meet Wednesday to decide whether to accept a $550 debt-for-equity swap with bondholders that was completed Dec. 31.
Trucking News
LTL
Greenbrier Managing RailAmerica Freight Cars
John D. Boyd |
Railcar manufacturer and car fleet manager Greenbrier said it is processing car hire and repair payments for RailAmerica, the owner of 39 regional and short line railroads.
Rail News
Rail Supplier L.B. Foster to Acquire Portec
John D. Boyd |
Two well-known U.S. suppliers of rail equipment will merge, as L.B. Foster said it has made a cash offer to buy outstanding shares of Portec Rail Products for $11.71 each.
Rail News
Pacer Swings to $10 Million Profit
John D. Boyd |
Intermodal service provider Pacer International posted a $10 million profit for the fourth-quarter in which it renegotiated a long-term contract with Union Pacific Railroad, up from a $64 million loss
Rail News
North-American rail
Diesel Drops for Fifth Straight Week
Thomas L. Gallagher |
Diesel prices fell for the fifth straight week, according to a report released Feb. 15 by the U.S. Energy Information Administration.
Trucking News
Hoffa Says Teamsters to Build on YRC Success
William B. Cassidy |
The Teamsters are ready to put the muscle they used against Wall Street to help YRC Worldwide into action against fresh opponents, says General President James P. Hoffa.
Trucking News
Trucking labor
UPS Freight Extends Canada-U.S. Expedited Lanes
William B. Cassidy |
UPS Freight is speeding freight across the Canadian border by stretching its two-day delivery network from Toronto and Montreal as far south as St. Louis, Mo., and Atlanta.
Trucking News
LTL
Trucking Pioneer John Ruan Dies at 96
William B. Cassidy |
John Ruan, the Iowa businessman who turned a one-truck venture into a transportation, real estate and banking empire before donating millions of dollars to fight multiple sclerosis and world hunger, d
Trucking News
Diesel Price Falls Fourth Straight Week
Thomas L. Gallagher |
Retail diesel prices fell last week in their fourth straight weekly decline amid falling oil prices. In the week ending Feb.
Trucking News
Railcars Return Slowly
John D. Boyd |
All across North America, freight railcars that were parked when the economy was in a tailspin are slowly coming back on line. But the rebound will be nowhere near as fast as the collapse.
Rail News
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