U.S. housing starts increased in March but single-family home construction pulled back, which could spell continued inventory shortages and rapid price increases for buyers in the coming months. Total housing starts increased 1.9% in March from the previous month to a seasonally adjusted annual rate of 1.319 million, the Commerce Department said Tuesday. (This article […]
Newly released figures on the health of the North American freight marketplace as well as on U.S. truckload linehaul and intermodal rates show all are at or near record highs. Both the shipments and expenditures indexes in the Cass Freight Index extended their run into positive territory during March, and are displaying accelerating strength.
Data from early April appear to suggest the “hard enforcement” deadline for use of electronic logging devices (ELDs) was not nearly as significant an event as the initial December implementation date.
The U.S. average retail price of diesel jumped 6.1 cents to $3.104 a gallon as oil remained near $66 a barrel after a U.S.-led force fired missiles into three Syrian chemical weapons-related sites. Trucking’s main fuel costs 50.7 cents a gallon more than it did a year ago, when the price was $2.597, the Department […]
Three American Trucking Associations (ATA) members recently represented the trucking industry at a White House Rose Garden event on the benefits of the Tax Cuts and Job Act. The ATA has long supported the act. In October, ATA members rallied in support of tax reform.
Full enforcement of the US electronic logging device (ELD) mandate has been under way since April 1, but federal statistics show that even before that deadline enforcement was far from lax. Data reported online by the Federal Motor Carriers Safety Administration (FMCSA) reveal a marked increase in the number of truck driver violations associated with […]
With capacity still as tight as almost any time in history, freight brokers meeting here sought ways to leverage technology to improve efficiency and better connect truckers with shippers.
March was a busy hiring month for trucking, as the industry added 6,700 jobs and transportation and logistics companies added 9,800 positions, according to the U.S. Labor Department monthly jobs report.
The Commercial Vehicle Safety Alliance (CVSA) plans to hold its annual Operation Safe Driver Program campaign between July 15 and 21 this year.
The number of trucks on the spot truckload freight market did not keep pace with demand from shippers wanting to move goods before the end of the first quarter and the start of Easter holidays, sending rates and load-to-truck ratios higher.
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