Filed in Trucking
Friday, February 04, 2011
Less-than-truckload (LTL) transportation services provider YRC Worldwide (YRCW) reported net income of $23.1 million—of $0.49 per share—for the fourth quarter of 2010.
There is a not-so-subtle change in pricing power away from shippers and toward carriers in the (less-than-truckload) LTL sector. Shippers may have already noticed discounts are falling, and rates are rising.
Wednesday, February 02, 2011
As the economy shows some signs of improvement, the trucking market may be somewhat ahead of the curve, according to the most recent edition of the Trucking Update by FTR Associates, a freight transportation forecasting firm.
Tuesday, February 01, 2011
In what has again become a common occurrence, diesel prices are up once again this week, going up $0.8 cents to $3.438 per gallon, according to the Department of Energy’s Energy Information Administration (EIA). The EIA added that current prices are up 65.7 cents per gallon compared to last year.
Trade using surface transportation between the United States and its North American Free Trade Agreement (NAFTA) partners Canada and Mexico was up 15.5 percent in November 2010 compared to November 2009, increasing to $68.1 billion, according to data released by the United States Department of Transportation’s Bureau of Transportation Statistics (BTS).
Monday, January 31, 2011
FedEx Freight, the market leader in the LTL (less-than-truckload) sector, is changing the way shippers move freight in the $28.5 billion LTL sector.
Friday, January 28, 2011
Taking steps to let shippers know about its full range of freight transportation service offerings, regional less-than-truckload carrier Pitt Ohio Express has officially re-branded and will be known as Pitt Ohio going forward.
As was the case for most of 2010, annual improvements in spot market performance were prevalent. This was evidenced by data released by the TransCore North American Freight Index this week.
Thursday, January 27, 2011
Earlier this week, less-than-truckload (LTL) transportation services provider Con-way Freight announced it has introduced a new advanced load management and cargo protection system for its 16,800 freight trailer fleet in North America.
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Class 8 vehicle commercial trailer net orders increased 7 percent—or 22,915—in December over November, according to data from ACT Research Co., a provider of data and analysis for trucks and other commercial vehicles.