Spot truckload freight rates posted impressive gains the first week of this month despite a small but typical decline compared to the week before, according to DAT Solutions and its network of load boards, as shippers rushed to move cargo before closing their books on the first quarter.
The Federal Motor Carrier Safety Administration announced it will hold a public meeting May 9 to discuss technical specifications for electronic logging devices that are scheduled to become mandatory for trucking fleets this December. This meeting will be a forum for discussion of the minimum requirements for ELDs and is being held to help manufacturers […]
The number of available loads on the spot market jumped 7.1% during the week ending April 1 as shippers worked to finish Q1 on a high note, according to DAT Solutions and based on its network of load boards.
While motor carriers continue to work hard to fill driver seats, data issued today by the American Trucking Associations (ATA) is showing that the efforts are showing signs of paying off more so than usual. ATA reported that the annualized turnover rate for large truckload carriers, which it defines as truckload fleets with more than […]
Shippers concerned about tightening US truck capacity may need to broaden their search for space to put freight. Large US truckload carriers are clawing back their own capacity by cutting trucks from their fleets, but a rise in the number of motor carriers at the other end of the for-hire trucking scale is adding to […]
A healthy U.S. economy has shipping rates poised to head higher, but an upcoming federal mandate to equip long-haul trucks with electronic logging devices could disrupt the industry and launch trucking prices into an even more rapid ascent.
Strong shipper demand for dedicated trucking and e-commerce services, as well as a spate of big acquisitions in 2015, fueled growth at the largest of the largest US trucking operators last year. Shippers last year spent an increasing amount of money on motor carriers that delivered goods all the way to the last mile and […]
The American Trucking Association’s advanced seasonally adjusted For-Hire Truck Tonnage Index declined slightly in February following a solid increase the month before. In February, the Truck Tonnage Index declined 0.1% to a reading of 138.7, down from 138.9 in January. It was also down compared to last February when the Truck Tonnage Index hit its […]
The North American freight market showed continued growth in February 2017, with volumes registering the third year-over-year increase in as many months after slipping back into negative territory in November 2016, according to the latest Cass Freight Index Report.
Winter Storm Stella has hit the Northeast, dumping snow in New England and freezing rain in warmer areas, and causing road closures along the East Coast. Stella has dropped more than a foot of snow already in areas of New York and Pennsylvania and brought freezing rain and ice to the Washington, D.C., and Baltimore […]
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