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The booming U.S. economy has been a two-edged sword for trucking: nearly full employment is fueling high demand for freight services, but fewer people seem ready to drive trucks at existing pay levels.

A management group led by president William H. Clark has purchased Trans-States Lines of Fort Smith, Ark., from the H.L. Hembree family, which has owned the company since 1989.

United Parcel Service will boost rates by 3.1% for ground package delivery and 2.9% or more for its other offerings on Feb. 7.

Ryder System's latest restructuring marks an effort to combine operations for greater efficiency and to recapture the momentum that helped it grow into one of the largest and best known companies in the transportation industry.

The chairman of Gainey Transportation Services said it is time for truckload carriers to “stop talking cents, and start talking percent.”

The owner of Charger Inc. is calling it quits two years after buying the former J.B. Hunt Transport flatbed division for $40 million.

In a sign of further consolidation in the tank truck segment of the industry, Canadian-based Trimac Corp. of Calgary, Alberta, agreed to buy Initial DSI Transports of Houston for $68.3 million.

The chairman of Gainey Transportation Services said it is time for truckload carriers to “stop talking cents, and start talking percent,” as he announced a 5% across-the-board rate hike.

The owner of Charger Inc. is calling it quits two years after buying the former J.B. Hunt Transport flatbed division for $40 million.

Ryder System's latest restructuring marks an effort to combine operations for greater efficiency and to recapture the momentum that helped it grow into one of the largest and best known transportation.