Trucking News

The Journal of Commerce’s trucking news and analysis encompasses full truckload, less-than-truckload (LTL), private fleet trucking, refrigerated trucking, regulation, drayage, and transloading. Reporting centers on pricing, volume demand, capacity, labor, regulation, and service levels in US and Canadian trucking networks. 

The latest Trucking News & Analysis

RK Logistics joins wave of ‘tuck-in’ acquisitions to reach East Coast

William B. Cassidy, Senior Editor |
As California-based RK’s high-tech customers move east to new markets, the logistics provider is following by buying New York-based On Time Trucking. 
SurfaceTrucking NewsTruck brokersSupply chainIndustrial Real Estate News

Jackson out as CEO of Knight-Swift; CFO Miller promoted to top job

Ari Ashe, Senior Editor and William B. Cassidy, Senior Editor |
The leadership change atop the largest US truckload provider will likely come as a “significant surprise” to the market, according to one industry analyst.
TruckloadLTL

PPIs show US LTL costs accelerating as truckload pricing stalls

William B. Cassidy, Senior Editor |
The US LTL producer price index rose 2.6% in January from December, while the equivalent truckload measure fell 2.6%, underscoring differences between the sectors.
SurfaceTrucking NewsTruckloadLTL

FMC’s new rules to prevent truckers from being hit with D&D bills

Michael Angell, Associate Editor |
Under final guidelines for detention and demurrage billing, only the shipper or consignee can be on the hook for such charges and bills must be sent within 30 days.
Trucking NewsContainer Shipping NewsContainer linesNorth American portsDrayageTransport, Trade, and Regulation News

Flexport resurrects Convoy truckload tech as tool for drivers, brokers

Eric Johnson, Senior Technology Editor |
Increased driver adoption of apps in the truckload industry was driven in part by now-shuttered broker Convoy, whose technology was relaunched Thursday by forwarder Flexport.
Logistics Technology NewsForwardingTrucking NewsTruck brokers

Ryder expands footprint in Laredo after truck border crossings rose 5% last year

William B. Cassidy, Senior Editor |
A new 228,000-square-foot warehouse and distribution facility near Laredo’s World Trade Bridge will help Ryder scale operations for cross-border shippers.
SurfaceTrucking NewsIndustrial Real Estate News

‘Disciplined’ truckload carriers attempt to hold the line in annual pricing talks

William B. Cassidy, Senior Editor |
Many US truckload customers engaged in annual bids and contract talks are still looking for rate cuts, but the potential for a market turnaround is tempering behavior.
SurfaceTrucking NewsTruckload

Improving US economy lifts outlook for trucking M&A activity

William B. Cassidy, Senior Editor |
More accretive “tuck-in” deals that expand carrier niche services and coverage appear likely if the Fed cuts US interest rates and freight demand improves. 
SurfaceTrucking NewsTruckloadLTL

Mexican truck drivers protest lack of security in latest cross-border disruption

William B. Cassidy, Senior Editor |
A Mexican trucking association launched a strike Thursday, adding to the uncertainty cross-border shippers face in the fast-growing market.
Trucking NewsTruckloadLTL

Large US truckload carriers reining in truck capacity amid low demand

William B. Cassidy, Senior Editor |
The Journal of Commerce Truckload Capacity Index fell to 2018 levels at the end of 2023 as truckload carriers kept cutting into their fleets to lower costs. 
SurfaceTrucking NewsTruckload

Knight-Swift buys 10 more Yellow terminals for $2.2 million as LTL push continues

William B. Cassidy, Senior Editor |
After the latest round of bidding, the largest US truckload operator has now acquired 25 Yellow facilities, bringing it closer to having a nationwide LTL network. 
SurfaceTrucking NewsLTL

Large LTL providers report strong pricing gains, opportunities

William B. Cassidy, Senior Editor |
Yield and rates are rising at some of the biggest LTL carriers after a strong finish to 2023, although lower fuel surcharges may pull gains down to mid-single digits.
SurfaceTrucking NewsLTL

CloudTrucks acquires Shipwell brokerage division amid truckload market shakeout

Eric Johnson, Senior Technology Editor |
CloudTrucks’ acquisition of Shipwell’s brokerage division signals the importance of giving drivers direct access to loads through the technology platform they use to run their business.
Logistics Technology NewsTrucking NewsTruckloadTruck brokers

Mexican systems failures disrupting cross-border trade with US

William B. Cassidy, Senior Editor |
The failure of Mexican customs clearance systems at a national level this week snarled supply chains and may warn of future problems as US-Mexico trade grows. 
SurfaceTrucking NewsIntermodal providers

US truckload carriers see ‘upside’ in sharpened focus on dedicated shippers

William B. Cassidy, Senior Editor |
Some of the largest truckload carriers, including Werner, Schneider and J.B. Hunt, are putting more emphasis on dedicated fleets as shippers seek stability and security.
SurfaceTrucking NewsTruckload

Forward Air ousts CEO Schmitt after completing Omni merger

William B. Cassidy, Senior Editor |
Forward’s chief legal officer will take over as interim CEO as Tom Schmitt exits following a contentious legal battle with Omni Logistics.
SurfaceTrucking NewsLTL

C.H. Robinson using AI to advance ‘touchless’ truck scheduling

William B. Cassidy, Senior Editor |
The largest US freight broker is trying to eliminate the wait at the gate by not only scheduling truck appointments for shippers, but finding optimal appointment times. 
SurfaceTrucking NewsTruckloadLogistics Technology News

Yellow uses auction proceeds to repay $700 million loan to US government

William B. Cassidy, Senior Editor |
The US Treasury Department is the first major creditor to be repaid by the bankrupt LTL provider, which received the controversial loan early in the COVID-19 pandemic.
SurfaceTrucking NewsLTL

‘Stressed’ US truckload market searching for elusive turning point

William B. Cassidy, Senior Editor |
Truckload spot rates are creeping higher, but trucking executives see no catalyst for stronger price increases absent higher freight demand, even as capacity slowly tightens. 
SurfaceTrucking NewsTruckload

Uber Freight, SSC testing digital truck scheduling standard

William B. Cassidy, Senior Editor |
A pilot version of a truck appointment scheduling API is part of the hunt for new digital standards for supply chains that are still encumbered by manual processes.
SurfaceSupply chainTrucking NewsTruckloadLTLLogistics Technology News

In a ‘stable’ LTL market, ODFL readies for eventual rebound

William B. Cassidy, Senior Editor |
The second-largest US less-than-truckload carrier plans to increase its terminal capacity alongside freight demand, CEO Marty Freeman told the Journal of Commerce.
SurfaceTrucking NewsLTL

Ryder acquires Cardinal Logistics, adding dedicated trucking muscle

William B. Cassidy, Senior Editor |
The deal gives Ryder a significant jolt in dedicated capacity as well as greater scale with existing and new shipper customers.
SurfaceTrucking News

C.H. Robinson sees cautious shippers, no near-term global demand upturn

William B. Cassidy, Senior Editor |
The largest US broker and forwarder expects ocean spot rates to subside after the Chinese New Year and for US trucking markets to slowly improve throughout 2024.
SurfaceContainer Shipping NewsForwardingTrucking NewsTruckloadLTL

Roadrunner adds 135 LTL lanes, moves into Canada in major expansion

William B. Cassidy, Senior Editor |
Building on recent market openings, the point-to-point, long-haul LTL carrier is launching its largest growth push since a 2021 restructuring.
SurfaceTrucking NewsLTL

As industrial freight lags, more LTL carriers look to ports to boost business

William B. Cassidy, Senior Editor |
Trucking companies such as Averitt are seeking more diversified freight and deeper connections to customers through transloading. 
SurfaceTrucking NewsLTL

UPS to explore ‘alternatives’ for Coyote Logistics, announces layoffs

JOC Staff |
UPS CEO Carol Tomé, who was on UPS’s board of directors at the time of the 2015 Coyote acquisition, acknowledged UPS did not fully appreciate how cyclical truckload and intermodal brokerage was at the time.
SurfaceTrucking NewsSupply chain

AI is impacting logistics at a faster pace, but in the background

William B. Cassidy, Senior Editor |
Artificial intelligence is quickly being integrated into everyday logistics and shipping processes such as truck check-ins, rate quotes and freight payment.
SurfaceTrucking NewsLogistics Technology News

Forward, Omni Logistics seal long-awaited deal to merge businesses

William B. Cassidy, Senior Editor |
With an amended merger agreement, months of contentious litigation are behind the companies, clearing the way for their combined forwarding and LTL operations. 
SurfaceTrucking NewsLTLAir CargoAir Cargo Forwarder News

Knight-Swift adding 25 LTL terminals, plans to buy more

William B. Cassidy, Senior Editor |
The largest US truckload operator is “filling the gaps” in its less-than-truckload network with newly acquired terminals it plans to bring online this year, and is shopping in more locations. 
SurfaceTrucking NewsTruckloadLTL

Domestic carriers wade through murky market to start 2024

Ari Ashe, Senior Editor |
North American railroads and truckload companies are hopeful rates and demand will rise this year but say there’s too much uncertainty in the market to offer a confident forecast.
North-American railTrucking News

Weak US manufacturing outlook darkens skies for trucking freight market

Jason Miller, associate professor of logistics at Michigan State University, and Journal of Commerce analyst |
Excluding the period immediately following COVID-19 lockdowns, manufacturing activity in the US is at levels that haven’t been seen since 2011 when manufacturers were still recovering from the 20% drop in output caused by the global financial crisis.
SurfaceTruckloadLTL

Omni Logistics, Forward Air closing in on revised merger deal

William B. Cassidy, Senior Editor |
After months of courtroom battles, the two companies have a redrawn merger plan that could close this week.
SurfaceLTL

US LTL trucking rates to rise 4% on average in 2024, FTR forecasts

William B. Cassidy, Senior Editor |
The short-term boost less-than truckload carriers gained from Yellow’s exit lifted rates, but the impetus is fading, speakers at the SMC3 JumpStart 24 conference said.
SurfaceLTL

C.H. Robinson adopting standard US LTL e-bill of lading 

William B. Cassidy, Senior Editor |
The move by the largest US logistics provider to use a standardized electronic bill of lading accelerates digitization in the less-than-truckload sector. 
SurfaceTrucking NewsLTLSupply chainLogistics Technology News

Surge in US truck spot rates to ebb as US storm threat lifts

William B. Cassidy, Senior Editor |
Spot rates rose last week as widespread winter storms froze shipping across a large part of the US, but weak freight demand softened the blow for shippers.
SurfaceTrucking News

Hapag-Lloyd takes over UK-based trucking company in multimodal expansion

Greg Knowler, Senior Europe Editor |
The carrier is growing its multimodal footprint in the UK market to support its global maritime transport network.
Container linesTrucking News

Wilmington to add on-site transload facility in bid to pull new business

Teri Errico Griffis, Associate Editor, and Ari Ashe, Senior Editor |
The 25,000-square-foot facility, to be developed by East Coast drayage and logistics provider PortCity, is due to open at the North Carolina port by the end of March.
Trucking NewsNorth American portsDrayage

As Yellow ‘distortion’ fades, US LTL market searches for a catalyst

William B. Cassidy, Senior Editor |
US less-than-truckload pricing is moderating as waves of disruption caused by Yellow’s bankruptcy recede, fuel prices fall and demand remains soft. 
SurfaceTrucking NewsLTL

US truck shippers seen prizing stability, capacity in 2024 bids

William B. Cassidy, Senior Editor |
Growing shipper preference for longer-term contracts shows they believe the truckload market has hit bottom and are concerned about late-2024 capacity, analysts say. 
SurfaceTrucking NewsTruckload

US LTL trucking market still in flux as freight shifts among carriers

William B. Cassidy, Senior Editor |
Large LTL carriers were the biggest winners from Yellow’s shutdown, but smaller regional carriers are making significant volume gains as well, according to SJ Consulting Group.
SurfaceTrucking NewsLTL