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

Echo Global Logstics reports strong Q1 earnings

Posted 05/05 · 12:10 PM · LM Editorial
First quarter earnings for Echo Global Logistics, a non-asset based freight brokerage company and a provider of technology-enabled transportation and supply chain management services, saw total revenue-at $129.4 million-increase by 45.3 percent compared to the first quarter of 2010.

Preliminary Class 8 net orders in April hit highest level since 2006, says ACT Research

Posted 05/05 · 09:35 AM · LM Editorial
ACT Research, a provider of data and analysis for trucks and other commercial vehicles, said this week that a preliminary reading of heavy-duty Class 8 commercial vehicles net orders for North American markets hit 32,800 units in April.

BTS reports surface trade with NAFTA partners is up 11.8 percent in February

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).

“Milestone” reached by YRCW, restructuring scheduled to close in July

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.

JDA moves forward with next steps of its product roadmap

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.

ACT reports commercial trailer net orders and shipments are on the rise

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.

GE Capital Transportation Finance survey portends favorable outlook for trucking market

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.

Q&A: Werner’s Leathers shares insights on industry issues

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.

Diesel prices slip but remain over the $4 per gallon mark

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).

YRCW cites progress on the restructuring front

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.

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