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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.
Subsections
LTL
Truck brokers
Trucking labor
Truckload
Flatbed
The latest Trucking News & Analysis
Convoy wades into visibility market with new tools
Eric Johnson, Senior Technology Editor |
Convoy is attempting to differentiate itself within the competitive freight broker landscape by using data gathered from its driver-mandated app to provide more execution-focused visibility insights.
Logistics Technology News
Trucking News
Truck brokers
Steady improvement forecast for US chassis market: IEPs
Bill Mongelluzzo, Senior Editor |
Equipment providers believe the chaos caused by two years of chassis shortages will end sometime next year as excessive street dwell times diminish and new domestic and foreign chassis manufacturers enter the US market.
Truckload
Lower costs for US shippers seen in trucking PPIs
William B. Cassidy, Senior Editor |
The US producer price indexes (PPIs) for trucking dropped in August as contract pricing cooled and fuel prices and surcharges came down.
LTL
MyCarrier rides growing LTL needs to new funding round
Eric Johnson, Senior Technology Editor |
MyCarrier has created automation partnerships with 15 less-than-truckload (LTL) carriers and will handle more than $1 billion in shipper freight spend, factors that induced venture firms to invest $22 million in the company.
Logistics Technology News
LTL
US manufacturers producing higher truck volumes
William B. Cassidy, Senior Editor |
The average manufacturing shipping volume rose 1 percent in August year over year, while other industries saw their truck shipments drop 4.6 percent, according to FourKites.
Truckload
LTL
Vancouver delays clean truck program amid ongoing pushback
Teri Errico Griffis, Associate Editor |
About 20 percent of the 1,800 vehicles serving the Port of Vancouver would be phased out under the clean truck program that has been delayed for a second time.
Trucking News
Spot truckload rates dropping from US ports
William B. Cassidy, Senior Editor |
The decline in outbound per-mile spot rates from US ports dropped more than the US average in August as normal seasonality and abnormal gridlock crimped demand, a JOC analysis shows.
Truckload
US Xpress reorganizes, emphasizing contract business
William B. Cassidy, Senior Editor |
Stung by lower tractor utilization rates and rising costs, truckload carrier US Xpress pares back its technology team and real estate, and focuses on adding truckload contract business.
Truckload
ODFL’s LTL volume takes seasonal dip in August
William B. Cassidy, Senior Editor |
LTL shipments at Old Dominion Freight Line fell about 3 percent year over year in August, following a more seasonal pattern than August 2021 when shipments jumped 17 percent.
LTL
US transport hiring rises, but not at warehouses
William B. Cassidy, Senior Editor |
While trucking makes hiring gains in the US, unadjusted warehousing and storage employment has fallen in four of the past five months, contributing to supply chain bottlenecks.
Trucking labor
US shippers fine-tune search for warehousing space
William B. Cassidy, Senior Editor |
With US warehouses full or filling up, shippers are rethinking broader distribution strategies and basic practices such as how they stack and track goods to find the space they need.
Industrial Real Estate News
Trucking News
US extends truck driver hours exemption ahead of expected COVID surge
William B. Cassidy, Senior Editor |
The HOS exemption has been extended five times since it was put in place in 2020 by a presidential emergency order, and it has been modified as the pandemic evolved.
Transport, Trade and Regulation News
Trucking News
XPO isn’t braking for economic slowdown
William B. Cassidy, Senior Editor |
The incoming CEO of XPO Logistics is intent on adding capacity in the form of terminals, trailers, and drivers to meet long-term demand for less-than-truckload services.
LTL
Warehousing space gets scarcer in Chicago
William B. Cassidy, Senior Editor |
Weeks of delays in moving freight from US ports to Chicago are eating into the inland warehousing space needed to get that freight out of intermodal railyards and to customers.
Trucking News
July US truck tonnage at ‘elevated levels’: ATA
William B. Cassidy, Senior Editor |
The American Trucking Associations reports truck tonnage levels were still high in July, running counter to reports that trucking demand is weakening ahead of the fourth quarter.
Truckload
LTL
RoadOne adds to transload footprint in Oakland, Norfolk
Eric Johnson, Senior Technology Editor |
RoadOne sees demand for transload services as being sustainable enough to outlast any economic downturn as it invests in facilities in Norfolk and Oakland.
Rail News
Trucking News
Drayage
Heartland doubles revenue stream with deal for CFI units
William B. Cassidy, Senior Editor |
The largest truckload acquisition to date this year would put Heartland at about 11th on the Top 25 Truckload Carrier rankings prepared for JOC.com.
Truckload
Demand drives JOC Truckload Capacity Index to record high
William B. Cassidy, Senior Editor |
Large truckload carriers are adding capacity, whether by purchasing trucks or acquiring trucking companies, and that's pushing the JOC Truckload Capacity Index to its highest level ever.
Truckload
US shippers claiming leverage in truckload pricing
Ari Ashe, Senior Editor |
US truckload carriers are increasingly lowering contract rates to keep business as the spot market seeks a new floor, shippers tell JOC.com.
Truckload
US warehousing demand shifting inland: JLL
William B. Cassidy, Senior Editor |
Inventory buildup and changing inland distribution routes are setting a fire under construction of new logistics and distribution facilities in markets across the US, despite economic concerns.
Industrial Real Estate News
Trucking News
Truckload rate relief coming to US shippers: Cass
William B. Cassidy, Senior Editor |
It is “highly probable” US shippers will recover at least some of last year’s truckload rate hikes, as the Cass Freight Index shows a sequential drop in truckload linehaul costs.
Truckload
LTL
Truck brokers
Lack of parts, labor to extend US chassis shortages into 2024
Ari Ashe, Senior Editor |
North American chassis manufacturers expect to fall well short of their production goals this year despite widespread equipment shortages that have exacerbated congestion in key ports and inland hubs.
Truckload
Trucking PPIs drop as fuel prices, surcharges fall
William B. Cassidy, Senior Editor |
Declines in the producer price indexes for various sectors of trucking reflect falling fuel surcharge revenue and lower rates in new contracts, but don’t point to a large-scale pricing rollback.
Truckload
LTL
LTL carriers expanding despite slowing US economy
William B. Cassidy, Senior Editor |
Some of the largest US less-than-truckload carriers, including FedEx Freight, are adding terminals and doors to their networks as LTL freight demand defies the threat of economic recession.
LTL
High demand keeps lid on truck capacity: experts
William B. Cassidy, Senior Editor |
Strong trucking demand beyond the truckload spot market is to keep pressure on truck pricing, and will do so into 2023, speakers at a JOC webcast said Wednesday.
Truckload
LTL
Truck brokers
Convoy–DAT battle a sign of impending load board disruption
Eric Johnson, Senior Technology Editor |
Convoy’s counterpunching approach to being sued by load board provider DAT Freight & Analytics is as much about winning the battle of public opinion as it is about winning in court, a transportation attorney told JOC.com.
Logistics Technology News
Trucking News
Truck brokers
US trucking demand steady despite steep spot rate correction
William B. Cassidy, Senior Editor |
The US trucking market is reinventing itself after a significant spot market correction, with larger contract carriers expecting steady freight demand through 2022 despite economic fears.
Truckload
LTL
Truck brokers
DAT, Convoy embroiled in anti-competition legal battle
Eric Johnson, Senior Technology Editor |
Load board provider DAT and freight broker Convoy have sued one another over Convoy’s development of a product that DAT says is competitive with its own, violating a contract Convoy signed with DAT.
Logistics Technology News
Truck brokers
Flexport, Nolan partner to track global, domestic freight
Eric Johnson, Senior Technology Editor; and William Cassidy, Senior Editor |
End-to-end visibility of the freight flowing across oceans and moving across the US is the goal of the partnership between Flexport and Nolan Transportation Group, giving shippers more control over modal choices and costs.
Logistics Technology News
Trucking News
Truck brokers
US LTL trucking ‘in a good spot’: ODFL CEO
William B. Cassidy, Senior Editor |
The gap between truckload and LTL grows wider as LTL carriers maintain pricing discipline and focus on network density to drive revenue and profit growth.
LTL
Truckload executives see US capacity under pressure
William B. Cassidy, Senior Editor |
Truckload capacity is reportedly loosening, but carrier executives say it could tighten again quickly for US shippers in a market that remains in flux.
Truckload
US trucking looking more ‘seasonal’ to motor carriers
William B. Cassidy, Senior Editor |
Seasonal trends in over-the-road trucking are re-emerging — but not pre-COVID pricing — as the market realigns, truckload carrier executives say.
Truckload
Truck brokers
J.B. Hunt promotes Simpson to new position of president
Ari Ashe, Senior Editor |
Shelley Simpson, who has been behind the development of J.B. Hunt’s shipper portal and overseen double-digit growth in its trucking and intermodal units, will become the company’s president next month.
Truckload
Trucking costs rising nationwide amid shift to contract: US Bank
William B. Cassidy, Senior Editor |
A shift of freight to contract trucking providers and rising fuel prices boosted shipper spending on trucking across the US in the second quarter, even though volumes fluctuated by region.
Truckload
LTL
J.B. Hunt grows Q2 intermodal volume, but blames rails for muting gains
Ari Ashe, Senior Editor |
J.B. Hunt is in talks with primary rail partners BNSF Railway and Norfolk Southern Railway on how they can improve service in the second half of the year.
Truckload
Larger US truckload carriers still adding drivers
William B. Cassidy, Senior Editor |
Marten Transport increased its driver pool by more than 15 percent year over year in the second quarter, as the truckload carrier and its competitors seek to balance capacity, freight demand, and profitability.
Truckload
US retail inventories leveling off, but not manufacturing stocks
William B. Cassidy, Senior Editor |
Retailers are beginning to pare back bloated inventories, but manufacturers are adding stock as they search for the elusive ‘golden screw.’
Trucking News
Trucking PPIs indicate ‘cooling’ contract pricing
William B. Cassidy, Senior Editor |
A 2.4 percent drop in the long-haul truckload producer price index for June shows contract truckload rates are softening, but prices shippers pay for LTL and specialized trucking continue to rise.
Truckload
LTL
Truck brokers
Vancouver drayage drivers weigh job action over new clean truck rules
Teri Errico Griffis, Associate Editor |
Tension is rising at the Port of Vancouver, where pending changes to the port’s clean truck program call for 5 percent of vehicles serving the port to be replaced by November.
Trucking News
US shipper spending rising as shipments fall: Cass
William B. Cassidy, Senior Editor |
The Cass Freight Index shows volatility in shipment volumes, rates, and modal mix with the US economy in a “soft patch” in June.
Truckload
LTL
Truck brokers
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