Current news, information and trends in the commercial motor freight industry covering trucking, freight lines and carriers, logistics and classification.
Posted 05/03 · 09:49 AM · LM Editorial
Trade using surface transportation between the United States and its North American Free Trade Agreement (NAFTA) partners Canada and Mexico was up 11.8 percent in February 2011 compared to February 2010 increasing to $66.5 billion, according to data released by the United States Department of Transportation’s Bureau of Transportation Statistics (BTS).
Posted 05/02 · 10:12 AM · LM Editorial
YRC Worldwide, the financially ailing second-largest less-than-truckload (LTL) company which has lost in excess of $2.7 billion the last four years, says it has reached another “milestone” in its long-awaited restructuring plan now scheduled for completion in July.
Posted 05/02 · 09:16 AM · LM Editorial
The company has released JDA Transportation & Logistics Management 6.3.4, which company officials said is the “second phase” of its post i2 acquisition transportation and logistics product roadmap integration plan rolled out in April 2010.
Posted 04/29 · 07:55 AM · LM Editorial
Commercial trailer net orders and shipments in March saw significant gains compared to February, according to data from ACT Research Co., a provider of data and analysis for trucks and other commercial vehicles.
Posted 04/28 · 09:13 AM · LM Editorial
At a time when trucking market conditions are experiencing tight capacity, increasing fuel costs, and slow and somewhat steady volume gains, one of the survey’s main takeaways was that 71 percent of respondents believe that business conditions will improve in 2011 compared to 2010, with 22 percent expecting things to remain the same and 3 percent expecting them to get worse.
Posted 04/28 · 07:44 AM · LM Editorial
At last week’s NASSTRAC Logistics Conference & Expo in Orlando, Fla., LM Group News Editor Jeff Berman had an opportunity to speak with Leathers about myriad industry-related topics, including energy prices, modal shifts, and government regulation, among others.
Posted 04/26 · 08:46 AM · LM Editorial
Diesel prices remained above the $4 per gallon mark for the third straight week despite dropping $0.7 cents to $4.098 per gallon, according to the Department of Energy’s Energy Information Administration (EIA).
Posted 04/25 · 12:01 PM · LM Editorial
YRC Worldwide recently announced it is making “significant progress” in steps it is taking to meet the agreements required in its effort to achieve its financial restructuring objectives by the end of July.
Posted 04/22 · 11:31 AM · LM Editorial
As I expected, NASSTRAC 2011 was replete with terrific content and information. The fact is, had it not been I would have been shocked.
Posted 04/22 · 09:37 AM · LM Editorial
The ATA reported that during the fourth quarter of 2010, truckload (TL) and less-than-truckload (LTL) carriers bumped up their payrolls, with small truckload carriers boosting employment by 0.8 percent within their driver pool and large TL carriers adding 0.3 percent to payroll by adding linehaul drivers and reducing local driver pools.