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Surface
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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Trucking News
Rail News
The latest Surface News & Analysis
Universal Truckload Profit Jumps 24 Percent
Peter T. Leach, Senior Editor |
Universal Truckload Services reported a profit Thursday of $3.6 million for the 13 weeks ended March 3, up 24.1 percent from $2.9 million for the 13 weeks ended April 2 of last year.
Truckload
Trucking News
ODFL Profit Rises 44.1 Percent on Record Revenue
Mark Szakonyi, Associate Editor |
Record revenue growth of 17.6 percent pushed Old Dominion Freight Line profit up 44.1 percent year-over-year in the first quarter to $31.1 million.
LTL
RailAmerica Loses $40.2 Million Despite Revenue Surge
Mark Szakonyi, Associate Editor |
RailAmerica lost $40.2 million in the first quarter, as an $82.4 million charge related to the early retirement of debt offset a 15 percent year-over-year revenue increase.
North-American rail
Pacer Reports First Quarter Loss
Bill Mongelluzzo, Associate Editor |
Pacer International on Thursday reported a 3.5 percent decrease in revenue to $345.9 million in the first quarter
Intermodal providers
UPS Revenue, Operating Profit Climb
Dana L. Brundage, Managing Editor-Digital |
Package delivery giant UPS reported a 4.3 percent increase in first quarter revenue to $13.1 billion from $12.6 billion a year earlier.
Air Cargo
Air Cargo Forwarder News
Air Cargo Carriers News
LTL
Trinity Doubles Profit, Railcar Shipments
Mark Szakonyi, Associate Editor |
Trinity Industries, North America’s largest railcar manufacturer, in the first quarter shipped twice as many railcars as it did a year ago, but new orders fell year-over-year, suggesting the rai
North-American rail
Rebuilding in US, Vitran Reports $5.8 Million Loss
William B. Cassidy, Senior Editor |
Vitran's losses deepened in the first quarter to $5.8 million as the Canadian-based company struggled to improve its U.S. less-than-truckload operations.
LTL
Trucking News
Railroad Union Holdout Strikes Accord
Mark Szakonyi, Associate Editor |
The threat of a national railroad labor action further receded, after a union representing maintenance of way employees joined the 12 other railroad unions in accepting a contract with major U.S.
North-American rail
C.H. Robinson Profit Rises 10 Percent to $107 Million
William B. Cassidy, Senior Editor |
C.H. Robinson Worldwide moved more freight in the first quarter, but higher trucking costs bit into the non-asset logistics company’s truckload net margin.
Truckload
TransForce Acquires US Oilfield Trucker
William B. Cassidy, Senior Editor |
Canadian trucking giant TransForce acquired certain assets of Peak USA Energy Services, an oilfield trucking business in Texas, for approximately $10 million.
LTL
Canadian Trucking Cost Index Up 10 Percent
William B. Cassidy, Senior Editor |
Trucking costs in Canada are steadily rising in early 2012 and are 10 percent higher than in March 2011, according to a monthly index of Canadian shipping costs.
Truckload
NS Profit Hits Record on Slim Volume Growth
Mark Szakonyi, Associate Editor |
Norfolk Southern reported record profit for the first quarter, as the railroad’s pricing power on slim volume growth boosted earnings 26 percent year-over-year to $410 million.
North-American rail
Truck Tonnage Grows, But Slows in March
William B. Cassidy, Senior Editor |
Truck freight increased in March, but at a slower pace, as the American Trucking Associations For-Hire Truck Tonnage Index rose 0.2 percent from February.
LTL
KCS Boosts Profit 19.6 Percent on Record Revenue, Volume
Mark Szakonyi, Associate Editor |
Kansas City Southern boosted first-quarter profit 19.6 percent year-over-year to $74.9 million, as strong intermodal and automotive growth pushed the railroad to record revenue and volume.
North-American rail
RailAmerica Taps Industry Veteran as Chief Commercial Officer
Mark Szakonyi, Associate Editor |
RailAmerica tapped GaryLewis, an industry veteran of more than 20 years, as chief commercial officer and senior vice president of the 44-railroad holding company.
North-American rail
CN Profit Jumps 16 Percent on Strong Revenue
Mark Szakonyi, Associate Editor |
Canadian National Railway profit in the first quarter jumped 16 percent year-over-year to $781.3 million, as the largest Canadian railroad saw double-digit revenue growth in six of its seven business
North-American rail
Dynamex Launches Truckload Operation
William B. Cassidy, Senior Editor |
Same-day carrier Dynamex is launching a truckload division, Dynamex Truckload Services, to haul larger, heavier freight for its shipper customers.
Truckload
Diesel Prices Fall at Sharpest Pace Since December
Mark Szakonyi, Associate Editor |
Diesel prices across the U.S. fell the most since mid-December, dropping 4.2 cents in the week ending April 23 as oil prices fell more than $1 a barrel.
Transport, Trade and Regulation News
LTL
Roadrunner Acquires Trucker D&E Transport
William B. Cassidy, Senior Editor |
Roadrunner Transportation, one of the fastest-growing U.S. trucking companies, acquired flatbed carrier D&E Transport last week for about $11.2 million.
Truckload
Truck Drivers Better Off Unemployed?
William B. Cassidy, Senior Editor |
Ask a trucking CEO why it’s so hard to hire drivers, and extended unemployment benefits will likely be the first thing past his lips.
Trucking labor
Trucking News
Longshore labor
LTL
Will Drop in Coal Shipments Leave Rails Black and Blue?
Mark Szakonyi, Associate Editor |
The impact of declining coal business on East Coast railroads may have been greatly exaggerated, but the recent sharp fall-off in those volumes foreshadows a future in which CSX Transportation and Nor
Rail News
Rail Projects Engineering Growth on West Coast
Bill Mongelluzzo, Associate Editor |
Intermodal rail service from West Coast ports involves much more than placing a marine container on a train in Los Angeles or Seattle and lifting it off at an inland rail ramp.
Rail News
Maritime
Forwarding
FMCSA Struggles to 'Brake' Unsafe Carriers
William B. Cassidy, Senior Editor |
When the end came for J&A Transportation, the only surprise was how long it took.
Transport, Trade and Regulation News
Trucking News
LTL
Trucking labor
Pay Gap Widens for Truck Drivers
William B. Cassidy, Senior Editor |
The number of drivers employed handling big rigs in the U.S.
Trucking labor
Trucking News
LTL
Swift Profit Soars on Pricing Gains
William B. Cassidy, Senior Editor |
Higher truckload pricing helped Swift Transportation nearly double its first quarter profit from a year earlier, raising net income to $6.2 million on $826.9 million in revenue.
Truckload
YRC Worldwide Asks Lenders for Leeway
William B. Cassidy, Senior Editor |
Trucking giant YRC Worldwide is asking its lenders to renegotiate the credit agreement that paved the way for its $500 million financial restructuring last July.
Truckload
Hub Group Intermodal Volume Up 15 Percent
William B. Cassidy, Senior Editor |
Hub Group reported a 15 percent increase in intermodal freight volume in the first quarter, boosting its intermodal revenue 20 percent to $404 million.
Intermodal providers
Trucking News
CP Quadruples Profit Amid Proxy Fight
Mark Szakonyi, Associate Editor |
Canadian Pacific Railway in the first quarter quadrupled its profit and improved its operating ratio, a key measure of profitability, as the railroad's management fends off a proxy fight from an activ
North-American rail
Rail News
US Intermodal Volume Rises 1.6 Percent
Mark Szakonyi, Associate Editor |
U.S. intermodal rail shipments in the week ending April 14 rose 1.6 percent year-over-year and 1.3 percent from the previous week, according to the Association of American Railroads.
North-American rail
NS, KCS Launch US-Mexico 53-Foot Box Service
Mark Szakonyi, Associate Editor |
Norfolk Southern Railway and Kansas City Southern Railway are expanding their intermodal rail service linking Mexico and the U.S.
North-American rail
Werner Enterprises Profit Soars 30 Percent
William B. Cassidy, Senior Editor |
Steady improvement in demand for trucking and non-asset logistics services boosted Werner Enterprises first quarter net profit 30 percent to $21.5 million.
Truckload
UP Reports Record Revenue on Slight Volume Growth
Mark Szakonyi, Associate Editor |
Union Pacific saw first quarter revenue rise 14 percent year-over-year to $5.1 billion, as double-digit increases in four of its six business groups pushed the railroad to a record quarter.
North-American rail
Marten Transport Boosts Profit 33 Percent
William B. Cassidy, Senior Editor |
Greater emphasis on regional trucking boosted first quarter revenue and profit at refrigerated trucking and logistics operator Marten Transport, Mondovi, Wis.
Truckload
Drayage
Heartland Express Adds Trucks, Revenue Hits $135 Million
William B. Cassidy, Senior Editor |
Productivity gains from an expanding fleet of drivers and tractor-trailers helped truckload carrier Heartland Express outrun higher costs in the first quarter.
Truckload
CSX Posts Record Earnings
Mark Szakonyi/Associate Editor |
CSX boosted first quarter revenue 6 percent year-over-year to nearly $3 billion despite volume rising only 1 percent, exemplifying the strong pricing power major railroads have amid moderate freight g
North-American rail
Rail News
CEVA Adds Intra-Asia LTL Services
Mike King/Special Correspondent |
Netherlands-based logistics provider CEVA is extending its Asian cross-border road freight services to include less-than-truckload services.
LTL
Intermodal Volume Inches Up 1.1 Percent
Mark Szakonyi, Associate Editor |
U.S. intermodal rail shipments in the week ending April 7 rose 1.1 percent year-over-year and fell. 4.7 percent from the previous week, according to the Association of American Railroads.
North-American rail
Growing World Demand Sparks the End of Cheap Oil
Mark Szakonyi, Associate Editor |
All it took was the March 25 shutdown of a single North Sea oil platform to boost Brent crude oil prices $1 a barrel.
Transport, Trade and Regulation News
Trucking News
LTL
The Shift to a Cleaner, Cheaper Fuel Is a Slow One
Mark Szakonyi, Associate Editor |
Booming natural gas production isn’t just giving the truck industry extra loads to haul.
Transport, Trade and Regulation News
Trucking News
LTL
Growing Cold Train Gets Drayage Partner
JOC Staff |
Rail Logistics-Cold Train and Interstate Distributor forged a partnership in which Cold Train will use a dedicated fleet of trucks from Interstate Distributor for short-haul drayage service to and fro
Cool Cargo News
Rail News
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