Shippers are experiencing a period of relative tranquility on the trucking front, but the calm won’t last long,
News pertaining to less than truckload shippers, small freight, parcel carriers and more.
News & Analysis
01 Sep 2015
Truckers buying diesel fuel in the U.S. must think they've entered a timewarp, with the average U.S. diesel price tumbling by $1.30 per gallon over the past year to $2.51 per gallon, a price not seen since 2009. Oil markets proved volatile this week, but experts say oversupply is likely to keep a cap on crude and fuel prices for some time to come.
27 Aug 2015
Mixed economic messages and political uncertainty put shippers and truckers on a bumpy road in the second half of 2015, speakers said during a JOC webinar. Although truck capacity is "relatively abundant" and fuel is cheap, truck rates are still rising, and shippers are eyeing new safety rules that could tighten truck capacity. It all depends on the economy.
26 Aug 2015
A new 110-door terminal in Grand Rapids, Michigan is one step in a plan to speed freight flow system-wide at YRC Worldwide subsidiary Holland. The regional carrier is also developing new cross-dock technology to better blend digital data and physical freight.
25 Aug 2015
The number of trucks crossing the U.S. border is on the rise, as Laredo, Texas, set a new record for truck crossings in the second quarter. Slower economic growth in the U.S., however, masks some of the gains.
25 Aug 2015
R+L Carriers is expanding its time critical expedited services throughout Canada through its partner, New Brunswick-based Day & Ross Freight.
24 Aug 2015
Con-way Freight workers in Portland, Oregon voted not to join the International Brotherhood of Teamsters last week, marking the seventh outright defeat for the union in its attempt to organize workers at the second-largest stand-alone U.S. less-than-truckload carrier.
21 Aug 2015
Averitt Express joined the ranks of trucking companies boosting pay and benefits to secure more truck drivers. Despite slower economic growth than a year ago, driver demand remains a key factor in truck pricing.
18 Aug 2015
U.S. truck tonnage increased at its strongest rate year-over-year since January, rising 3.7 percent in July and 2.8 percent from June. High inventories levels could set limits on future tonnage growth, unless those inventories are drawn down this fall.
13 Aug 2015
The 28 percent drop in retail diesel fuel prices in the second quarter cut shipper transportation expenses and boosted trucking profits, with the publicly owned motor carriers tracked by JOC.com increasing their combined operating profit by 13 percent. Higher sustainable profits in turn fuel the expansion of capacity needed by shippers.
12 Aug 2015
The surge in freight traffic that began in April dissipated in July, as shipments dropped 1.6 percent from June, the latest Cass Freight Index shows. That's a normal seasonal trend, Cass said, pointing out that volumes are still higher than in 2013 and the early economic recovery.