Meat and potatoes are providing more demand and raising prices for the US spot truckload market, as load activity remains unusually high for mid-December, nearly double year-ago levels, according to DAT Solutions. E-commerce freight is the extra helping of gravy, the load-board operator said, since more shipments are being moved closer to the holidays. (This […]
As an effort to more strictly limit US truck driver hours of service rattled down a congressional exit ramp last week, two more trucking rules long in the works pulled into the fast lane. Congress sidelined, perhaps permanently, efforts to make truckers spend two back-to-back 1 a.m.-5 a.m. periods off-duty before starting a new work […]
As US economic activity and freight demand begin to rise more steadily, truck driver pay is increasing too, not in leaps and bounds perhaps, but in increments. Motor carriers were fairly quiet about pay increases for most of 2016, largely because freight demand was low. As the US economy picks up its pace, expanding 3.2 […]
Trucking conditions in the US pulled back slightly in October, ahead of expected market improvements in 2017, according to the latest FTR Trucking Conditions Index. Current readings of the index are in low positive territory, FTR reports. It expects conditions to improve next year as capacity tightens from regulations being implemented.
The number of available loads on the spot truckload freight market surged last week compared to the previous week as expected, following the Thanksgiving holiday, while rates moved to their best levels out of the last four weeks, according to DAT Solutions.
The Surface Transportation Board (STB)announced that on Dec. 8 Chairman Daniel R. Elliott III visited the Canadian Transportation Agency (CTA) in Ottawa, Canada and signed a Memorandum of Understanding to facilitate information sharing between the agencies.
Two transportation modes – rail and air – carried more U.S. freight by value with North American Free Trade Agreement (NAFTA) partners Canada and Mexico in September 2016 compared to September 2015 as total freight on all modes decreased 2.3 percent to $91.1 billion in current dollars.
Cass Information Systems Inc. reported November 23 that their October Truckload Linehaul Index decreased 1.4 percent from the same period last year to just under 126, making eight consecutive declines.
FTR’s September Trucking Conditions Index shows a reading of 5.47, down somewhat from August’s reading. Despite the downward move, FTR said that an overall positive trend in the index reflects a “modest” tightening in capacity, related to regulations set to take effect in 2017.
Two measures of freight shipping posted their first year-over-year improvements in more than 12 months, indicating there has been more than the usual fall surge in shipment volume.
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