Most of us have seen the ads, while millions are ordering fresh food delivered as ready-to-prepare ingredients to their homes-products that require control of exposure to extreme temperatures and extended last-mile transit times. This consumer-focused “cold chain”-temperature controlled supply chain-is only a recent example of a decades-long push to perfect a global system of item-level […]
The freight-generating parts of the US economy gained speed this summer during a typically soft period for freight demand, pushing up shipment volumes and spot truck and intermodal rates. The atypically robust start to the third quarter in July spilled over into August, especially in the North American truckload and domestic intermodal spot markets. (This […]
Freight shipments and expenditures in the July edition of the Cass Freight Index Report from Cass Information Systems, which was released this week, showed annual gains for the seventh straight month and sequential declines. Many freight transportation and logistics executives and analysts consider the Cass Freight Index to be the most accurate barometer of freight […]
While trailer orders declined month-over-month July, according to the latest data, and are expected to keep dropping in August, the year-over-year trend is far stronger – with orders expected to pick back up starting in September.
Ever wonder how big the trucking industry is? Well, let’s turn to the the latest edition of ATA American Trucking Trends 2017, the annual compendium of data about the trucking industry, which shows that trucking industry revenues in 2016 were $676.2 billion.
The truck productivity hit that many have feared from electronic logging devices (ELD) may not be as severe as thought, but the implementation of the devices may hit the industry hard in other ways. Noel Perry, truck and transportation expert for FTR, told a webinar audience yesterday that spot rates could climb 20% or more […]
With the Dec. 18 deadline for mandatory electronic logging devices (ELDs) quickly approaching, there is concern that a majority of the 3.5 million affected trucks have yet to procure or install the required devices.
In the debate over just how much truckload capacity will be pushed from the US market because of the electronic logging device (ELD) mandate, the safety and productivity improvements often get lost. Those improvements will benefit shippers, motor carriers, third-party logistics, and drivers. The ELDs – which when connected to engines, brakes and other onboard […]
Trucking added 400 jobs in July, according to the latest employment report issued by the Department of Labor. July’s gains come after three months of declines in industry employment. However, due to strong gains in February and March, trucking industry employment is still up compared to 2016. July’s total, 1.4706 million, was 22,000 jobs greater […]
August had a stronger start than any month in more than a year and a half. The number of posted loads was nearly unchanged compared to the previous week while available capacity fell 2.1%. National average van, flatbed, and refrigerated rates all increased.
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