Current news, information and trends in the commercial motor freight industry covering trucking, freight lines and carriers, logistics and classification.

Surprisingly strong freight demand spurs truck capacity concerns

Posted 03/24 · 10:27 AM · LM Editorial
The combination of the fragile-but-improving overall U.S. economy and tighter enforcement of unsafe truck drivers is reigniting fears of truck capacity shortages later this year, top trucking officials and analysts are saying.

Shippers adjust as first CSA “warning letters” go out to carriers

Posted 03/24 · 08:52 AM · LM Editorial
While the Federal Motor Carrier Safety Administration (FMCSA) says it currently is in a period of “phased implementation,” it advises motor carriers and shippers that the CSA program is fully in effect. Enforcement procedures can range from simple warning letters to full-blown compliance reviews for the most egregious violators.

ATA February tonnage data is down sequentially, up annually

Posted 03/24 · 07:59 AM · LM Editorial
Truck tonnage saw its first decline in three months, according to data released this week by the American Trucking Associations (ATA).

Trucking rates poised to continue upwards, according to Transport Capital Partners’ survey

Posted 03/18 · 09:09 AM · LM Editorial
Even though the trucking industry appears to benefit from relatively healthy volume growth, there are enough obstacles in the way to make its future outlook somewhat cloudy. That is the consensus of a recent survey from Transport Capital Partners (TCP).

BTS says surface trade with NAFTA partners up 24.3 percent annually in 2010

Posted 03/17 · 09:55 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 24.3 percent in 2010 compared to 2009, increasing to $791 billion, according to data released by the United States Department of Transportation’s Bureau of Transportation Statistics.

YRCW says in 10-K filing that company restructuring plan misses a key objective

Posted 03/15 · 10:53 AM · LM Editorial
The long-term financial health outlook for less-than-truckload transportation services provider YRC Worldwide remains cloudy based on details in a 10-K annual report filed with the Securities and Exchange Commission yesterday.

DeFazio blasts proposed U.S.-Mexico cross-border trucking program

Posted 03/15 · 09:34 AM · LM Editorial
In a letter to Department of Transportation Secretary Ray LaHood, DeFazio expressed his concern about the plan to allow Mexican trucking companies to operate long-haul trucking operations in the U.S.

Diesel prices continue march to $4 per gallon

Posted 03/15 · 07:47 AM · LM Editorial
Following a cumulative 29.8 cent hike over the previous two weeks. Diesel prices checked in with a 3.7 cent increase to $3.908 per gallon, noted the EIA. On an annual basis, diesel prices are up 98.4 cents.

Trucking spot market seeing gains from tight capacity

Posted 03/14 · 12:08 PM · LM Editorial
As truck tonnage levels show decent annual growth levels with capacity remaining tight, it does not come as a surprise to see the trucking spot market continue running along at a swift level. That is the consensus from TransCore which said in a recent release that truckload freight availability increased by 12 percent for the week ending March 5, according to traffic in its TransCore TrendLines report.

ACT Research says fundamentals for increased Class 8 orders remain intact

Posted 03/14 · 09:17 AM · LM Editorial
Despite an 11 percent decline in net orders for Class 8 vehicles from January to February, the fundamentals that support demand in the heavy-duty commercial vehicle market remain strong, according to ACT Research, a provider of data and analysis for trucks and other commercial vehicles.

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