Current news, information and trends in the commercial motor freight industry covering trucking, freight lines and carriers, logistics and classification.
Posted 09/13 · 10:02 AM · LM Editorial
Trucking market conditions may result in seasonal pricing power for carriers, according to the Trucking Conditions Index released by freight transportation consultancy FTR Associates this week.
Posted 09/04 · 01:26 PM · LM Editorial
In a letter addressed to Department of Transportation Secretary Anthony Foxx last week, 51 Republican members of the House of Representatives expressed their concern regarding the motor carrier Hours of Service (HOS) final rule, which took effect on July 1.
Posted 08/20 · 01:52 PM · LM Editorial
Seasonally-adjusted (SA) truck tonnage in July fell 0.4 percent following a 0.1 percent gain in June, and not seasonally-adjusted (NSA) index, which represents the change in tonnage actually hauled by fleets before any seasonal adjustment, increased 3 percent from 125.9 in June to 129.6 in July.
Posted 08/12 · 08:10 AM · LM Editorial
Last week, Rotunda Capital Partners, a middle market private equity firm, announced it sold off global logistics services provider Worldwide Express to an investment group, which included a significant investment from Worldwide’s management team.
Posted 08/07 · 10:16 AM · LM Editorial
YRC Worldwide, the largest Teamsters-covered LTL carrier, continued its financial improvement in the second quarter.
Posted 08/02 · 12:30 PM · LM Editorial
Trucking stakeholders holding out hope for the recently enacted motor carrier Hours-of-Service (HOS) regulations to be overturned had their hopes dashed—mostly—in a ruling handed down today by the U.S. Court of Appeals for the D.C. Circuit.
Posted 08/01 · 08:59 PM · LM Editorial
Foodservice equipment and supply company leverages its technology partnership to secure capacity, simplify rates, and cut 12 percent from its transportation spending. Here’s how they did it.
Posted 08/01 · 08:30 PM · LM Editorial
The truckload (TL) business is volatile by nature.
Posted 08/01 · 10:45 AM · LM Editorial
LM Group News Editor Jeff Berman recently spoke with Roadrunner Transportation Systems Inc. President and CEO Mark DiBlasi about the company's acquisition strategy and market trends.
Posted 08/01 · 08:00 AM · LM Editorial
In the past months, ABF Freight System and UPS Freight announced 5.9 percent general rate increases, effective May 28 and June 10, respectively. Con-way Freight will raise its LTL rates 5.9 percent on June 24. On June 10, FedEx Freight announced a 4.5 percent GRI in non-contract base rates effective July 1, and other large carriers are expected to follow suit over the next several weeks.