You may not think very much about border transportation issues if you don’t live in El Paso or Laredo, Texas, or Nogales, Ariz., or Otay Mesa, Calif. People who live in those cities know that the traffic along an increasingly active international border affects their lives daily.
Truckload Linehaul, Intermodal Rates Hover Near Record Highs
Separate gauges of truckload linehaul and intermodal rates both moved again higher in April compared to the same time a year ago, at or near their highest levels on record. The Cass Truckload Linehaul Index continued the acceleration that began in 2017 by posting an 8.2% year-over-year increase, with the measure hitting a reading of […]
Projections for 2019 freight market: Things could get ‘murky’
Freight levels are up and industry analysts anticipate the market will remain healthy and strong for the rest of 2018. However, there is a lot of uncertainty in the domestic and global arena, according to FTR chairman and CEO Eric Starks, and that could make the outlook for 2019 murky.
US Puts ‘Trade War’ Against China on Hold, Mnuchin Says
The Trump administration won’t impose tariffs on Chinese products for now, after the two nations made progress on trade issues during two days of talks, Treasury Secretary Steven Mnuchin said.
Rail Traffic for the Week Ending May 12, 2018
The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending May 12, 2018. For this week, total U.S. weekly rail traffic was 550,029 carloads and intermodal units, up 5.8 percent compared with the same week last year. Total carloads for the week ending May 12 were 267,196 carloads, up 5.3 […]
FTR: Trucking Conditions Remain Favorable to Carriers
FTR’s Trucking Conditions Index for March fell more than five points from the previous month’s record high. But it remains indicative of a favorable environment for carriers.
April freight volume was the strongest April on record
Spot truckload freight volume had the strongest April on record despite slipping 6.85% lower compared to March, a common seasonal trend. Compared to the same month in 2017, freight availability rose 32% according to the DAT North American Freight Index.
The ELD Rule Is Hurting The Trucking Industry And Our Nation
The Federal Motor Carrier Safety Administration (FMCSA) in 2015 implemented a rule which requires most truck drivers in the United States to use an Electronic Logging Device (ELD), which require truck drivers to adhere to specific 14-hour cycle requirements in the loading, driving, and unloading process.
Spot Truckload Freight Rates Improve During First Week of May
Spot truckload freight rates moved higher in all three categories over the past week, according to the freight matching services provider DAT Solutions, amid an increase in loads and a decline in truck capacity.
AAR report outlines tech’s influence on rail safety, reliability
The freight-rail industry has invested an estimated $100 billion in infrastructure, equipment and technology over the past four years to prepare for a 41 percent increase in freight shipments by 2040. The investments have paid off by making U.S. railroads safer, with mainline accidents down 32 percent over the past decade, Association of American Railroads […]