A new report reveals the number of reported cargo thefts in the U.S. fell during the second quarter of the year compared to the same period in 2015, but the average value of the heists increased, according to the cargo theft prevention and recovery service CargoNet.
The largest U.S. trucking companies saw revenue decline last year, but not the trucking industry as a whole. Total U.S. trucking revenue topped $700 million for the second straight year in 2015, rising 3.7 percent to $726.4 billion, the American Trucking Associations said Thursday. (This article requires registration at the Journal of Commerce. To access, […]
The number of available loads on the spot truckload freight market increased 3.5 percent during the week ending July 30, sending load-to-truck ratios higher at the close of July, according to DAT Solutions, which operates the DAT network of load boards.
U.S. federal rail regulators have proposed a new rule that would allow shippers without access to other transportation modes to request their freight be moved to a competing rail line. It’s a controversial proposition, one that shippers say will save millions and help them navigate the nation’s intermodal network, but railroads argue it will cost […]
Oil rose further on Monday after a report of renewed calls by some OPEC members to restrain output, but analysts warned the bearish fundamentals that brought prices to four-month lows last week still lurked. The rise extended gains from a technical rally last week and came on the back of nascent optimism over an informal […]
A new Transportation Department report shows trucks carried more U.S. freight by value with its North American Free Trade Agreement partners, Canada and Mexico, in May compared to the year before. But declines in all other freight modes led to a 3.1% decrease in the dollar value of cross-border freight, totaling $89 billion.
If you want to know anything about driving a truck, you might consider making your first phone call to Frank Calvert. He’s been driving for 60 years and has five million miles under his seatbelt.
For-hire truck tonnage in the U.S. continued its see-saw course in June, dropping 1.5 percent from May after increasing a revised 2.9 percent that month, the American Trucking Associations said Tuesday. That indicates U.S. freight markets had difficulty finding traction at the end of the second quarter despite low unemployment, comparatively low fuel prices and […]
Freight shipments and expenditures edged up in June after three months of lackluster performance, hitting their highest levels of the year, according to the Cass Freight Index – but it remains unclear whether this is part of a larger trend.
The average price of diesel fuel fell again last week, continuing a steady decline in prices that began over a month ago, according to the latest numbers from the Energy Department.
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