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UPS Inc.’s Profit Surges 66% in First Quarter

UPS Inc. said its first-quarter profit jumped 66% from a year earlier, as revenue grew 7.3%, helping boost net income over the earlier three-month period that was beset with lower volumes and several one-time charges, the Atlanta-based corporation said on April 26.

May 2, 2011

Eying ‘Featherweight’ Parcel Niche, Postal Service Launches Regional Service

The U.S. Postal Service, angling for a bigger slice of the parcel market, has started a ground-based regional delivery service aimed at high-volume, business-to-consumer shippers selling retail goods online.

May 2, 2011

Wetlines Purging Rules ‘Unenforceable,’ CVSA Says

The head of the Commercial Vehicle Safety Alliance said a proposed rule requiring that flammable liquids be purged from tank truck wetlines during transport is “for practical purposes unenforceable in the field.â€

May 2, 2011

Shipper Demand, Government Mandates Lead Pallet Makers to Redesign Products

Customer demand for pallets — and government regulations aimed at ensuring their safety — are spurring innovations that allow shippers to take a customized, system-based approach that can best meet their needs.

May 2, 2011

Truck Order Backlog Grows

As the backlog of orders for heavy-duty trucks has grown to levels not seen since late 2006, at least three of the four major vehicle manufacturers have announced commodity surcharges, with the extra fees as much as $975 a truck.

May 2, 2011

Diesel Average Dips 0.7¢ as Crude Oil Price Stalls

The average retail price of U.S. diesel declined for only the second time in about four months last week, slipping 0.7 cent to $4.098 a gallon on the coattails of relatively stable crude oil prices, the Department of Energy said.

May 2, 2011

March Truck Tonnage Rises 6.3%

U.S. truck tonnage rose 6.3% in March, the 16th consecutive year-over-year increase, as U.S. economic growth continued even in the face of sharply higher fuel costs, American Trucking Associations reported.

May 2, 2011

Daimler’s 1Q Income, Truck Sales Jump

Daimler AG said Friday its first-quarter profit jumped on higher automobile and truck sales.

April 29, 2011

The Good With the Bad

Rapidly rising fuel costs are increasing concerns among analysts that the economic recovery could be jeopardized as consumers are pinched by rising prices at the pump and for other goods.

May 2, 2011

Letters: Trucking’s Real Cost, Soaring Fuel Prices, Mexican EOBRs

It is evident to me that the bigger 3PLs are adding trucks to their array of services because there are fewer trucks on the road.

May 2, 2011