Following two straight months of growth, the amount of freight moved by for-hire operations in the U.S. fell in February from the month before, due in part to a substantial decline in trucking, according to a Transportation Department report released Wednesday.
Spot Truckload Freight Ends First Quarter on Up Note
Spot truckload volume increased 11% during the week ending April 2 as shippers moved freight out the door to close the first quarter on a high note, according to DAT Solutions and its network of load boards.
Diesel Prices Fall for First Time Since February
The average price of diesel fuel finally fell last week, breaking a streak of steady increases that started in late February when the price of oil began to rally, according to the latest numbers from the Energy Department.
E-Commerce Boom Roils Trucking Industry
A seismic change in the way Americans are shopping is affecting everything from how, when and where they make purchases to whether they pay with credit cards or mobile clicks. The transformation is rocking retail and shipping and rippling through real estate, banking and tech. (This article requires a subscription to the Wall Street Journal. […]
BlackBerry Offers Asset Tracking for Trucking
At this year’s Mid-America Trucking Show, communications company BlackBerry introduced an end-to-end tracking system for trucking companies and private fleet operators called BlackBerry Radar.
AAR: Rail traffic down in U.S., Canada and Mexico in Week 12
Total U.S. rail traffic continued its downward trend for the week ending March 26, as railroads logged 470,271 carloads and intermodal units, down 16.5 percent compared with the same week last year, according to the Association of American Railroads.
Revenue shrinks at top truckload carriers
Sandbagged by lower demand, surging capacity and falling fuel surcharges, 19 of the 25 largest U.S. truckload carriers saw revenue decline in 2015. Overall, the combined revenue of the Top 25 Truckload Carriers dropped 2.3 percent to $27.2 billion, according to SJ Consulting Group. (This article requires registration at the Journal of Commerce. To access, […]
LTL: Managing the way to profitability
With “tepid” freight demand dampening LTL profits, analysts and carriers executives say that fuel, capacity utilization, and mounting regulation will play a large role in 2016 rates. Here’s what shippers should expect…
Increased Regional Activity Pushes Spot Freight Rates Higher
Led by strong regional demand, spot truckload rates rose across all three equipment types during the week ending March 19, hitting their highest levels in at least a month, according to DAT Solutions and its network of load boards.
US truck tonnage shoots up 7.2 percent as winter fades
Trucking delivered some good news this week to those yearning for spring and signs of faster economic growth. U.S. truck tonnage leaped 7.2 percent in February, after declining a revised 0.3 percent in January, the American Trucking Associations said March 22. (This article requires registration at the Journal of Commerce. To access, please click on […]