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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
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The latest Surface News & Analysis
Saia Selling Stock to Pay Debt
JOC Staff |
Regional trucker Saia, seeking to restructure debt obligations amid falling demand and high costs, said Tuesday it will sell 2.3 million shares to institutional investors as part of a plan to make imp
Trucking News
LTL
Navistar Reverses Fourth-Quarter Loss
JOC Staff |
Navistar International, the Warrenville, Ill.-based truck and engine manufacturer, on Monday reported fiscal fourth-quarter net profit of $86 million, reversing a $343 million net loss in the same qua
Trucking News
Private Equity Firm Buys Transplace
JOC Staff |
The truckload carrier owners of Transplace sold the third-party logistics and technology operator to a New York-based private equity firm, the companies announced Tuesday, saying the deal will allow n
Truckload
Trucking News
Truck brokers
YRC Worldwide Wins Key Debt-Swap Approvals
JOC Staff |
YRC Worldwide won important approvals from lenders and the Securities and Exchange Commission for the debt-for-equity swap the trucking giant needs to avoid filing for bankruptcy protection.
Trucking News
LTL
Port of Seattle Buys BNSF Line
JOC Staff |
The Port of Seattle will pay BNSF Railway some $81 million for a 42-mile section of track northeast of the port, ending a long negotiation the port says will keep the line open to freight service.
Maritime
Rail News
North-American rail
Teamsters Reach Carhaul Accord With GM
JOC Staff |
Teamsters officials, trying to save carhauling work in the troubled automobile manufacturing jobs, say General Motors agreed to protect existing jobs at the company and remains in talks with the union
Trucking News
Trucking labor
California Highways Most Congested
R.G. Edmonson |
States with the two largest seaports ranked in the top five among states with the most-congested urban interstate highways, according to a Reason Foundation report.
Transport, Trade and Regulation News
Trucking News
Trucker Roadrunner Expects IPO in 2010
JOC Staff |
Roadrunner Transportation Services expects to launch its initial public stock offering now that the economy is more stable and the trucking company has withstood the downturn in demand.
Trucking News
LTL
Truck brokers
Roadrunner Buys Density
William B. Cassidy |
While many trucking companies are cutting prices to attract customers, Roadrunner Transportation Services is acquiring them.
Trucking News
LTL
Kraft Slices Truck Miles
William B. Cassidy |
Kraft Foods is cutting carbon dioxide where the rubber meets the road, shaking 50 million truck miles out of its global distribution operations and taking 50,000 trucks off highways since 2005, elimin
Trucking News
Pacer Shakes It Up
John D. Boyd |
Pacer International is capping a transformational year for the major intermodal middleman with a sudden change in leadership.
Rail News
California’s New Congestion Problem
Bill Mongelluzzo |
When cargo volume in the Los Angeles-Long Beach port complex was booming two years ago, terminal operators opened gates early, worked through the lunch hour and offered five night and weekend ga
Maritime
Trucking News
Fog Over Clean Air
Joseph Bonney |
The Port Authority of New York and New Jersey hasn’t decided on the next step to phasing out older trucks, but drayage companies already are apprehensive about the path the port will take.
Maritime
Trucking News
Rockefeller Acts on Rail Regulation
John D. Boyd |
Given the secretive way a rail regulatory overhaul was crafted in the Senate over recent months, it seemed inevitable the landmark bill would emerge late in a jammed legislative calendar and req
Rail News
Transport, Trade and Regulation News
GE Sells 100 Locomotives in South Africa
Thomas L. Gallagher |
South Africa’s state-owned rail freight utility, Transnet Freight Rail, is acquiring 100 diesel electric locomotives from GE Transportation.
Rail News
Short Line Paper Loads Hit Six-Month High
John D. Boyd |
Small North American railroads loaded up more railcars with paper products in the week ending Dec. 12 than any time since June 6, according to the RMI RailConnect index.
Rail News
Rails Pick Up More Scrap
John D. Boyd |
In a week when many cargoes were down as a heavy winter storm blew across the Midwest, major U.S. railroads had their strongest loadings of scrap materials in three weeks.
Rail News
North-American rail
Senate Panel OKs Five Regulatory Nominees
John D. Boyd |
A Senate panel approved nominations for officials to head the National Highway Traffic Safety Administration and serve on the Federal Maritime Commission, clearing them for confirmation by the full Se
Transport, Trade and Regulation News
Maritime
Trucking News
YRC Warns of Low Liquidity
William B. Cassidy |
YRC Worldwide sounded a warning over its debt-for-equity swap today as it raced to avoid a bankruptcy filing, saying it is critical that the company complete the deal before Dec. 31.
Trucking News
LTL
Roadability Rollout Hits Snags Nationwide
Bill Mongelluzzo |
Thursday's implementation of the government's roadability regulations for intermodal equipment is causing headaches for motor carriers and equipment providers at marine and rail terminals across the c
Trucking News
Teamsters Say Goldman Sachs Trades on YRC Bankruptcy
JOC Staff |
Teamsters General President James P.
Trucking News
LTL
Trucking labor
GE Eyes Jobs Bill for Locomotive Sales
John D. Boyd |
GE Transportation, which is one of the two major U.S.
Rail News
YRC Lowers Barrier to Debt-Equity Swap
William B. Cassidy |
YRC Worldwide is lowering the bar for its debt-for-equity swap with bondholders, dropping the participation requirement for certain bondholders from 95 percent to 70 percent for notes that come due in
Trucking News
LTL
Trucking labor
STB Bill ‘Concerns’ Rail Industry Group
John D. Boyd |
The major lobbying group for the railroad industry said it has “concerns” about pending legislation to beef up the Surface Transportation Board and order major changes in federal regulatio
Rail News
North-American rail
Rockefeller Says Rail Bill ‘Tougher Than Health Care’
John D. Boyd |
The negotiations over the past year that led the Senate Commerce, Science and Transportation Committee to overhaul competition rules in the railroad industry were tougher than those still under way fo
Transport, Trade and Regulation News
Rail News
Analyst Questions Green Benefits of Greater Rail Use
William B. Cassidy |
Simply shifting freight from truck to rail won't result in a greener transportation system, transportation analyst Noël Perry said, arguing sustainability efforts should focus on entire supply ch
Trucking News
Rail News
Rail Regulatory Overhaul Clears Senate Panel
John D. Boyd |
A landmark revamping of federal rail regulations cleared the Senate Commerce, Science and Transportation Committee, but some tough issues including whether to strip railroads of some antitrust immunit
Transport, Trade and Regulation News
Rail News
New Truck Orders Drop 50 Percent
William B. Cassidy |
Truck sales ran out of gas in November, dropping 50 percent from October, when new truck orders were jacked up by a federal emissions mandate, ACT Research said.
Trucking News
Banks Extend YRC Worldwide's Credit Line
William B. Cassidy |
YRC Worldwide's banking group came to the troubled carrier's rescue today, extending its credit agreement until Jan.
Trucking News
LTL
Florida Buying Track Segment from CSX
John D. Boyd |
Florida will pay CSX Transportation $432 million for a 61-mile track segment after Gov. Charlie Crist on Dec. 16 signed into law a measure to boost passenger rail operations.
Rail News
North-American rail
Ethanol Terminal Opens on Union Pacific Line
John D. Boyd |
Ethanol terminal operator U.S. Development Group said its West Colton Rail Terminal at Rialto, Calif., has started handling ethanol railcars from Union Pacific Railroad.
Rail News
North-American rail
Schneider Completes Conversion to Containers
John D. Boyd |
Schneider National, one of the largest U.S.
Trucking News
YRC Worldwide Extends Debt Swap Deadline Again
William B. Cassidy |
YRC Worldwide, trying to extend the clock on its bid to avoid bankruptcy protection, pushed back its deadline for a debt-for-equity swap by another two days on Wednesday.
Trucking News
LTL
Avramovich Says Pacer Planned CEO Transition
John D. Boyd |
The Dec. 15 transition of its chief executive by intermodal provider Pacer International had been planned for some time, said incoming Chairman and CEO Daniel W. Avramovich.
Rail News
Texas Short Line Begins FRA-Funded Project
John D. Boyd |
An Iowa Pacific Holdings short line railroad in Texas launched a major upgrade over 70 miles of track, using a recent loan from the Federal Railroad Administration.
Rail News
YRC Debt-Equity Swap Faces Deadline
William B. Cassidy |
For the second time in a week, YRC Worldwide faces a midnight deadline for a critical part of its plan to avoid bankruptcy.
Trucking News
LTL
GE Cuts Railcar Order in Half
Thomas L. Gallagher |
The Greenbrier Companies agreed with General Electric Railcar Services to modify GER's railcar manufacturing contract by reducing the order from 11,900 to 6,000 railcars.
Rail News
Volvo Group Truck Sales Drop 37 Percent
JOC Staff |
Worldwide sales of Volvo Group trucks declined 37 percent year-over-year in in November and were down 7 percent from October, the company said.
Trucking News
Pacer Replaces Uremovich as Chairman
John D. Boyd |
Freight services provider Pacer International said Tuesday Chairman and CEO Michael E. Uremovich is leaving the company immediately and will be replaced by Daniel W.
Rail News
North-American rail
Diesel Decline Deepens in Sixth Consecutive Week
Thomas L. Gallagher |
The decline in diesel prices took a sharper turn in the week ending Dec. 14, the sixth consecutive week of falling prices. According to the U.S.
Trucking News
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