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Trucking News
Discover comprehensive trucking news and trends with Journal of Commerce - from trucking LTL to regulation and trucking supply and demand.
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LTL
Truck brokers
Trucking labor
Truckload
Flatbed
The latest Trucking News & Analysis
‘Pricing discipline’ to temper US LTL rate relief in 2023
William B. Cassidy, Senior Editor |
Shippers can expect some rate relief and improved LTL service in 2023 as demand softens and shipping patterns normalize, which for carriers will take some of the shine off the sector’s recent golden glow.
Trucking News
Roadrunner expedites West Coast-to-Chicago service to meet inland demand
William B. Cassidy, Senior Editor |
The largest US point-to-point LTL carrier is speeding service from Southern California to Chicago, reducing the transit time to one to three business days as demand for velocity remains high.
Surface
Trucking News
LTL
Demand for last-mile services fuels US transportation hiring
William B. Cassidy, Senior Editor |
Firms engaged in last-mile delivery hired fewer workers than expected in December, but still made big employment gains, while real trucking jobs in the US dropped in a typical seasonal pattern.
Surface
Trucking labor
Proposed federal rule threatens independent contractor model in trucking: opponents
Bill Mongelluzzo, Senior Editor |
A new rule proposed by the US Department of Labor could signal the beginning of the end of the independent contractor model in port drayage and other trucking sectors, opponents say.
Drayage
Trucking labor
Shrinking US manufacturing cuts into truck demand
William B. Cassidy, Senior Editor |
The contraction in US manufacturing that began in late 2022 will help pull down truck tonnage — and perhaps pricing — in the first half of 2023.
Surface
Trucking News
LTL
Modest predictions for freight transportation as the winds of 2023 begin to blow
William B. Cassidy, Senior Editor, and Mark Szakonyi, Executive Editor |
Some factors, such as the sharper attention both multinationals and smaller mom-and-pop sellers are paying to their supply chains, seem to be charting a new trajectory and are poised to help shape the freight sector this year.
Supply chain
Surface
Container Shipping News
Trucking News
Transport, Trade and Regulation News
Container lines
Trans-Pacific
North American ports
Longshore labor
C.H. Robinson searching for new CEO — and new course for growth
William B. Cassidy, Senior Editor |
The change in leadership is likely to accelerate strategic changes in planning and capital spending at C.H. Robinson that have been under way since last March at the urging of investors.
Surface
Logistics Technology News
Forwarding
Truckload
Roadrunner launches new driver app as part of broader tech overhaul
Eric Johnson, Senior Technology Editor |
US less-than-truckload carrier Roadrunner is arming drivers in its network with a booking application that feeds into its new internal operational systems.
LTL
Trucking News
Logistics Technology News
South China barge, trucking costs to rise on pre-Lunar New Year disruption
Keith Wallis, Special Correspondent |
Carriers are suspending feeder services between Hong Kong and Shenzhen and second-tier ports in southern China from mid-January due to COVID-19 quarantine rules for barge crews heading home for the Lunar New Year holidays.
Container Shipping News
Trucking News
Container lines
Forwarding tech providers push into US trucking market
Eric Johnson, Senior Technology Editor |
The need for forwarders to tether quoting and tracking in international freight modes to US surface modes has been highlighted by new offerings from ECU Worldwide and Freightos.
Trucking News
Air Cargo Forwarder News
Logistics Technology News
Forwarding
LTL
Truckload
Intermodal providers
Decline in US for-hire truck tonnage gains speed
William B. Cassidy, Senior Editor |
Truck freight demand is falling closer to 2021 levels as 2022 draws toward its close, putting more pressure on truckload and LTL rates.
Surface
Trucking News
LTL
Truckload
Calmer supply chain waters beckon in 2023
Bill Cassidy, Senior Editor |
As the US economy slows, logistics managers are searching not just for lower supply chain costs but a normalization of freight flows and networks, a level of stability and predictability that remains elusive.
Container Shipping News
Trucking News
Forwarding
North-American rail
US truckload costs to fall until late 2023: 3PLs
William B. Cassidy and Ari Ashe, Senior Editors |
Falling spot truckload rates may hit bottom in the first quarter of 2023, followed by contract rates later in the year, if forecasts from third-party brokers hold true.
Trucking News
Truckload
Latest US truckload, LTL PPIs surprise on the upside
William B. Cassidy, Senior Editor, Trucking |
Total US trucking costs rose in November, with revised US producer price index figures for truckload and LTL services indicating at least a temporary reversal in a months-long decline.
LTL
Shipper demand speeding drop-and-hook ‘evolution’
William B. Cassidy, Senior Editor, Trucking |
Ryder System is joining the race to deploy more drop-and-hook trailer pools for shippers that need greater flexibility to reduce costs and counter supply chain disruption.
Truckload
LTL
US LTL volumes drop, but pricing proves resilient
William B. Cassidy, Senior Editor, Trucking |
Less-than-truckload shipping volumes in the US are falling in the fourth quarter from all-time highs, but rates are slower to drop as carriers push back on absorbing higher costs.
LTL
High stock levels, weak demand put CNY import rush in doubt
William B. Cassidy, Senior Editor |
The traditional increase in bookings for December and January shipments out of Asia is nowhere to be seen as importers in destination markets struggle with surplus stock levels and weakening demand.
Surface
Trucking News
Trucking labor
Major US freight brokers unveil appointment scheduling standards
Greg Knowler, Senior Editor Europe |
J.B. Hunt, Uber Freight, and Convoy are partnering to develop and drive broad industry adoption of a standard process for truckload appointment scheduling.
Logistics Technology News
Trucking News
Truck brokers
Transportation hiring surge falls short in November
William B. Cassidy, Senior Editor, Trucking |
Hiring expectations fell short across many transportation sectors in November, with real trucking employment dropping while warehousing firms and couriers added workers.
Trucking labor
LTL
Trailer makers boosting production as orders soar
William B. Cassidy, Senior Editor |
Stubbornly strong industrial output and pent-up demand are expected to keep pressure on trailer manufacturers to increase supply, even during a US economic slowdown.
Surface
Trucking News
LTL
Truckload
Trucking labor
US truckload spot rates sag in November in atypical move
Ari Ashe, Senior Editor, Intermodal Rail |
Several US truckload shippers say they are leery of using the spot market because they wish to maintain strong relationships with their trucking partners rather than be seen as transactional when the market flips in favor of carriers.
Truckload
US truckload pricing index falls, but LTL goes flat
William B. Cassidy, Senior Editor |
The US producer price indexes for long-distance truckload and less-than-truckload took separate routes in October, with LTL pricing essentially unchanged and the truckload index falling.
LTL
Trucking News
Truckload volatility prompts fresh investment in pricing startup
Eric Johnson, Senior Technology Editor |
Greenscreens.ai has seen its roster of truckload broker customers grow to 70 this year, with previous investor Tiger Global putting another $5 million in the Florida-based software vendor.
Logistics Technology News
Trucking News
US freight volumes still higher than 2021: Cass
William B. Cassidy, Senior Editor, Trucking |
Freight volumes are dropping month to month but remain higher than a year ago, buoyed by inventory repositioning and easing supply constraints for manufacturers, according to the latest Cass Freight Index.
Truckload
LTL
Marine chassis manufacturer being probed by US authorities in duty case
Ari Ashe, Senior Editor, Intermodal Rail |
The investigation by US authorities into whether Pitts Enterprises evaded duties on chassis may have serious ramifications for the South Carolina Ports Authority, which ordered 11,000 chassis from a Pitts subsidiary to launch its own pool next March.
Truckload
M&A in US trucking, logistics cross ‘asset lines’
William B. Cassidy, Senior Editor, Trucking |
US transportation companies with cash on hand are acquiring asset-based truckers and non-asset freight brokers alike to add services and shipper customers and build network density.
Truckload
Drayage
Truck brokers
JOC Truckload Capacity Index dipped in Q3, but demand remains robust
William B. Cassidy, Senior Editor, Trucking |
After rising strongly from the third quarter of 2021 through the second quarter of this year, the JOC Truckload Capacity Index dropped slightly last quarter, but demand for equipment is still high.
Truckload
Werner buys truckload brokerage ReedTMS
William B. Cassidy, Senior Editor, Trucking |
The acquisition of ReedTMS Logistics not only expands Werner’s brokerage reach, it also delivers shipper customers in the staple food and beverage industries.
Truckload
Truck brokers
US truck capacity shifting as spot rates drop
William B. Cassidy, Senior Editor, Trucking |
US truckload capacity isn’t so much declining as it is shifting, according to data, and that will pose challenges to shippers and carriers trying to access trucks, trailers, and drivers.
Truckload
LTL
Truck brokers
US trucking jobs rebounded to all-time high in October
William B. Cassidy, Senior Editor, Trucking |
For-hire trucking companies added almost 20,000 jobs last month, erasing September’s payroll cut as capacity shifts between trucking sectors.
Trucking labor
LTL
Weakening freight demand puts C.H. Robinson, Werner in cost-control mode
Ari Ashe, Senior Editor, Intermodal Rail |
Two of the United States’ biggest logistics providers say they are focused on controlling costs amid growing concern about the direction of the US economy.
Truckload
US 3PL Echo extends global forwarding reach
William B. Cassidy, Senior Editor, Trucking |
The acquisition of Fastmore Logistics will give Echo Global Logistics more access to international freight forwarders, linking domestic and international cargo networks.
Logistics Technology News
Trucking News
Truck brokers
LTL demand now rising at standalone XPO
William B. Cassidy, Senior Editor, Trucking |
Tonnage began increasing year over year at XPO late in the third quarter and continued to rise in October as the less-than-truckload carrier expands capacity.
LTL
MyCarrier offers lifeline to shippers affected by Kuebix closure
Eric Johnson, Senior Technology Editor |
Shippers affected by the closure of a free less-than-truckload transportation management system in October have been given a pathway to migrate to another system connected to 15 LTL carriers.
Logistics Technology News
Trucking News
LTL
Newtrul nabs funding to expand load board ‘search engine’
Eric Johnson, Senior Technology Editor |
The truckload market is still searching for a single platform that aggregates shipper loads and carrier capacity, a role that investors are backing Chicago-based Newtrul to eventually fill.
Logistics Technology News
Trucking News
Truck brokers
US trucking market on rough road to ‘equilibrium’
William B. Cassidy, Senior Editor, Trucking |
Regional stress is running through US truckload markets as demand softens, with price and capacity fluctuations that challenge shippers and carriers.
Truckload
Truck brokers
US trailer demand defies economic downturn
William B. Cassidy, Senior Editor, Trucking |
Growing use of equipment pools and power-only trucking support long-term demand for 53-foot trailers that transcends short-term economic trends, manufacturer Wabash says.
Truckload
US truckload spot market likely at a bottom: Schneider
Ari Ashe, Senior Editor, Intermodal Rail |
Schneider says the peak season will be muted because shippers moved inventory into warehouses earlier this year, but the weaker volumes do not necessarily mean steep rate cuts for shippers in 2023 contracts.
Truckload
Lower Q3 volumes point to softer LTL market: ODFL
William B. Cassidy, Senior Editor, Trucking |
Less demand for its customers’ goods is cutting into tonnage and shipments at Old Dominion Freight Line, but not the company’s revenue or profit.
LTL
Bumpy spot market forces US truck shippers to reroute
William B. Cassidy, Senior Editor, Trucking |
Freight congestion, now at inland distribution sites such as warehouses and intermodal rail terminals, and on-time delivery continue to be problems for shippers despite falling trucking costs.
Trucking News
LTL
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