Truckload Freight

Truckload Freight

News & Analysis

Images for weekly wrap-up
26 Jul 2014
The International Longshore and Warehouse Union and the Pacific Maritime Association met for three days this past week without concluding negotiations; at the weekend, the parties announced a week-long recess in the talks. German carrier Hamburg Süd announced plans to acquire the container operations of Chile’s CCNI, in a move resembling the deal between larger competitor Hapag-Lloyd and Chile’s CSAV, and Crowley is reported to be in talks to acquire Horizon Lines’ Puerto Rico assets. Earnings reports by U.S. truckload carriers are pointing to a stronger freight recovery in the United States, though rail service continues to be held back. And on Friday, Anne S. Ferro announced her departure from the Federal Motor Carrier Safety Administration after five years leading the agency.
Swift truck
25 Jul 2014
Swift Transportation, the largest U.S. truckload operator, got even bigger in the second quarter, but potential growth was restrained, the company said, by a “challenging driver market.”
Landstar System truck
24 Jul 2014
Landstar’s Henry Gerkens is among those rejecting the possibility of a big drop in freight demand as the third quarter winds down.
Trucks at a truck stop
24 Jul 2014
The U.S. economic recovery may be slow, but the freight recovery is moving faster, thanks to growth in manufacturing, energy and construction.
22 Jul 2014
What a difference a year — and a $300 million acquisition — can make. The acquisition of Gordon Trucking last November is powering significant growth at Heartland Express...
22 Jul 2014
Spurred by stronger industrial production, consumer spending and housing activity, truckload rates rose 5.2 percent on average in June from a year ago...
Werner Enterprises truck
22 Jul 2014
A stronger recovery, an “extremely challenging” driver market and rising number of trucking company failures gave Werner Enterprises more freight than it could handle in the second quarter. “Overbooked” is the term the nation’s third-largest truckload carrier used to describe its business last quarter.
22 Jul 2014
Roadrunner Transportation drove deeper into the non-asset logistics business this week by acquiring Integrated Services, a $21 million Midwestern regional logistics provider.
16 Jul 2014
Marten Transport provided evidence this week that tightening truck capacity is leading to higher contract truck rates.
16 Jul 2014
States are being urged to review their permitting processes for oversized truck shipments following an accident last year that led to an interstate bridge collapse.