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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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News & Analysis
Truck Rates Primed to Rise
William B. Cassidy |
Trucking rates have nowhere to go but up, and they’re ready now, several speakers told freight shippers Tuesday at NASSTRAC's annual conference.
Trucking News
Trucking News
LTL
Norfolk Southern Profit Jumps 45 Percent
John D. Boyd |
Norfolk Southern Railway’s first-quarter profit soared 45 percent over a year earlier to $257 million, while operating revenue swelled 15 percent to $2.238 billion.
Rail News
Rail News
North-American rail
Engine Maker Cummins Boosts Profit in First Quarter
Thomas L. Gallagher |
Truck engine manufacturer Cummins earned net income attributable to the company of $149 million in the first quarter, a significant improvement on the $7 million earned in the same quarter a year earl
Trucking News
Trucking News
Railroad Study Assails Positive Train Control
John D. Boyd |
The railroad industry handed rail safety regulators a new study that contradicts one offered by chlorine shippers, arguing that the high costs to railroads of installing federally mandated crash-avoid
Rail News
Rail News
North-American rail
FedEx Freight May Put Shipments on Rail in Future
William B. Cassidy |
Trucking company FedEx Freight, which has pointedly rejected rail transport in the past, could switch and turn to intermodal in coming years if the price is right and customers want the option.
Trucking News
Trucking News
LTL
KCS Swings to Profit on 26 Percent Revenue Jump
John D. Boyd |
Kansas City Southern, the smallest of the North American Class I railroads, posted a $32.6 million profit in the first quarter after an $8.1 million loss a year earlier, as revenue leaped 26 percent t
Rail News
Rail News
North-American rail
Truckload Carrier Celadon Swings to Profit
Thomas L. Gallagher |
Renewed demand added to loaded miles for Celadon, lifting revenue in the company’s fiscal third quarter and helping the truckload carrier to earn a small profit.
Trucking News
Trucking News
Carriers Warn Against Anti-Truck Policies
William B. Cassidy |
Trucking executives say they are increasingly concerned that federal transportation policies could lead to underinvestment in highways, roads and bridges.
Trucking News
Trucking News
LTL
Canadian National Net Jumps 21 Percent
John D. Boyd |
Canadian National Railway’s net profit grew 20.5 percent in the first quarter from the recession period a year earlier as revenue grew 5.7 percent and the carrier reported a 1.2 percent drop in
Rail News
Rail News
North-American rail
Emission Regulation Adds to Trucker Costs
John D. Boyd |
Truckload carrier USA Truck says the new emission regulation that took place starting in January is affecting its equipment costs and replacement strategy.
Trucking News
Trucking News
Diesel Edges Up for Fourth Week
Thomas L. Gallagher |
The average price of diesel edged up four-tenths of a cent to $3.078 per gallon last week, according to the U.S. Energy Information Administration.
Trucking News
Trucking News
Ryder Profit Jumps 82 Percent
Thomas L. Gallagher |
Ryder System net profit soared 82 percent in the first quarter to $12.4 million, bouncing back from a deep decline in the recession.
Trucking News
Trucking News
USA Truck Loss Rises 59 Percent to $3 Million
John D. Boyd |
Dry-van truckload carrier USA Truck saw its first-quarter net loss expand 59 percent from a year earlier to $2.9 million but said it is making headway on diversifying the revenue stream and increasing
Trucking News
Trucking News
DOT Stimulus Payouts Reach $10.9 Billion
John D. Boyd |
The Department of Transportation’s total spending under the economic stimulus package reached $10.893 billion as of April 16, up $456 million since the end of March.
Transport, Trade and Regulation News
Trucking News
Transport, Trade and Regulation News
Truckers Help Police Nab Two in Drug Bust
William B. Cassidy |
ABF Freight System workers in Connecticut were credited with helping police seize 13.5 pounds of marijuana and arrest two people on drug charges.
Trucking News
Trucking News
LTL
Giving Employees Incentive to Profit
William B. Cassidy |
ABF Freight System’s tentative labor accord tries to dull the pain of wage cuts by promising employees payback for profit.
Trucking News
Trucking News
Trucking labor
Intermodal’s Domestic Uprising
Bill Mongelluzzo |
While other transportation modes were losing market share last year during the freight recession, domestic intermodal was growing. Now that most of the indicators in the U.S.
Rail News
Rail News
A DOT Fix for Funding?
John D. Boyd |
State agencies, freight railroads, transit operators and intermodal project planners could tap an expanded rail loan program or visit a new one-stop financial aid shop if Department of Transportation
Transport, Trade and Regulation News
Rail News
Transport, Trade and Regulation News
Truckload Carriers Regain Ground
William B. Cassidy |
The economic recovery increasingly is showing up on highways, on loading docks, in trailers and on the bottom lines of two of the largest truckload carriers, giving credence to claims the freight econ
Trucking News
Trucking News
ABF Gets a Booster Shot
William B. Cassidy |
For the second time in a year, the Teamsters union is offering a major trucking employer significant concessions to keep its trucks and drivers in the battle for shippers.
Trucking News
Trucking News
Trucking labor
Rails Throttle Up
John D. Boyd |
As the first major railroad to report quarterly earnings, CSX Transportation often sets the tone for what to expect from the others.
Rail News
Rail News
Diesel Cracks $3 a Gallon
Joseph Bonney |
Diesel prices have risen above $3 a gallon, extending a months-long trend that is pinching owner-operators and forcing shippers to pay higher surcharges.
Trucking News
Trucking News
Paccar Profit Jumps 160 Percent
Thomas L. Gallagher |
As sales of Kenworth and Peterbilt trucks improved, manufacturer Paccar increased its profit 160 percent to $68.3 million in the first quarter.
Trucking News
Trucking News
Trucker Marten Transport Profit Dips 4.8 Percent
Thomas L. Gallagher |
Marten Transport earned net income of $3.9 million in the first quarter, compared with a profit of $4.1 million for the same quarter of 2009.
Trucking News
Trucking News
Short Line Volume Nears Past-Year High
John D. Boyd |
The latest week’s traffic at small railroads in North America was down moderately from a week earlier but was still the second-highest level in more than a year.
Rail News
Rail News
Rates Fall for Railcar Lessor GATX
John D. Boyd |
Although many rail shippers see railroads raising their freight rates, some key equipment costs shippers pay are still declining this year.
Rail News
Rail News
ABF Losses Climb as Shipments Drop
William B. Cassidy |
ABF Freight System lost $35.7 million in the first quarter, a 25 percent larger loss than a year ago, as shipments rose from a year ago but declined from the fourth quarter.
Trucking News
Trucking News
LTL
C.H. Robinson Volume Rises, Revenue Falls
JOC Staff |
Third-party logistics giant C.H.
Trucking News
Trucking News
Forwarding
LTL
Weekly Rail Traffic Surges
John D. Boyd |
North America’s largest railroads are seeing a sharp pickup in traffic during April, with volume outpacing anything seen during 2009.
Rail News
Trucking News
Rail News
North-American rail
Union Pacific Sees Rail Rates Firming
John D. Boyd |
Union Pacific Railroad officials see their 3.5 percent “core pricing” gains in the first quarter as the low point of 2010, and look for their overall rates to strengthen more as the year c
Rail News
Trucking News
Rail News
North-American rail
Werner Profit Jumps 36.4 Percent in Quarter
William B. Cassidy |
An increase in shipments, value-added service sales and fuel surcharges helped boost Werner Enterprises' revenue to $425.1 million in the first quarter, an 8 percent year-over-year increase.
Trucking News
Trucking News
Shipments Rise 10.8 Percent at Knight Transportation
William B. Cassidy |
A firm recovery in truckload demand and higher fuel surcharges boosted Knight Transportation's revenue 11.4 percent from a year ago to $165.7 million in the first quarter.
Trucking News
Trucking News
BNSF Opens Revamped Memphis Intermodal Facility
John D. Boyd |
BNSF Railway declared its new Memphis Intermodal Facility to be “fully operational” after a $200 million expansion, and cut the ribbon on it this week.
Rail News
Trucking News
Rail News
North-American rail
CSX Says Passenger Rail Biggest Security Threat
John D. Boyd |
CSX Transportation, one of the continent’s largest freight railroads, sees the greatest security risk for its system from potential terrorist attacks on passenger trains that run on CSX tracks.<
Rail News
Rail News
North-American rail
Pa. Court Enjoins Rail Supplier Merger
John D. Boyd |
A court in Allegheny County, Pa., has issued a preliminary injunction to prevent rail equipment supplier L.B.
Rail News
Rail News
L.B. Foster Profit Falls 41 Percent
John D. Boyd |
Rail and construction equipment supplier L.B. Foster saw net income fall 41 percent from a year earlier in the first quarter to $1.75 million but said new business orders also increased.
Rail News
Rail News
Union Pacific Net Jumps 43 Percent
John D. Boyd |
The biggest railroad just got bigger, as Union Pacific saw profit jump 43 percent in the first quarter to $516 million, from the same period in 2009, while revenue grew 16 percent to $3.755 billion.
Rail News
Rail News
North-American rail
Canadian National Reports Targeted Incidents
John D. Boyd |
In light of a new Surface Transportation Board summons to explain how often its trains have blocked rail crossings in Chicago suburbs, Canadian National Railway says its own reports to the STB openly
Rail News
Rail News
North-American rail
Hub Net Jumps 41 Percent to $8.7 Million
John D. Boyd |
With business growing solidly in all its business lines, intermodal firm Hub Group posted a first quarter profit gain of 41 percent from the weak 2009 period.
Rail News
Rail News
North-American rail
Hub Adds to New Container Order
John D. Boyd |
Intermodal shipment consolidator Hub Group will buy a total of 2,500 new domestic, jumbo-sized containers this year, amid a demand surge that has it near full capacity.
Rail News
Trucking News
Rail News
North-American rail
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