The strong surge in revenue U.S. less-than-truckload carriers enjoyed in 2014 ran out of gas last year, as weaker demand and lower fuel surcharges dragged down LTL trucking’s top line. The combined revenue of the 25 largest LTL trucking companies declined 0.5 percent in 2015 to $32.1 billion, after shooting up 9.1 percent to $32.3 […]
The number of North American freight shipments and the amount of expenditures both posted strong increases in February from the month before, according to newly released Cass Freight Index figures.
Amazon Fulfillment Services and Air Transport Services Group announced an agreement to operate an air cargo network serving Amazon customers in the U.S.
Increases in intermodal and pipeline transportation helped drive the DOT’s Freight Transportation Services Index to near a record high in January.
Following a dismal February performance, Spring has sprung on the spot freight market, with rates moving higher in all three trucking categories for the first time in several weeks. The number of available spot market loads gained 12% for the week ending March 5 compared to the previous week.
The Federal Motor Carrier Safety Administration is adopting a new “High Risk” motor carrier definition along with investigative procedural changes aimed at enabling investigators “to take more immediate action against carriers with the highest crash risk.”
The Federal Motor Carrier Safety Administration is set to publish today, March 8, a proposed rule that, if made final, would implement a required core training curriculum for prospective truckers before they receive their CDL. The curriculum notably includes at least 30 hours of behind-the-wheel training before being issued a CDL.
The latest freight projections are in from our Bureau of Transportation Statistics (BTS) and Federal Highway Administration (FHWA), and they show that the number of freight tons moving on America’s transportation network is likely to grow by 40 percent in the next three decades while the value of freight will almost double, increasing by 92 […]
Try as they might, trucking companies have been unable to stop the exodus of drivers from the industry just as new regulations threaten to cut capacity by 15 percent, according to the National Transportation Institute. The impact of driver turnover is felt most acutely depending upon the segment of the trucking market, hitting truckload firms […]
Shippers and brokers posted more loads on the spot market for the week ending Feb. 20 compared to the week before while the number of available trucks moved slightly lower, according to DAT Solutions and based on its network of load boards, but rates held steady during a time of year they usually gain at […]
©2023 MODE Transportation, A MODE Global Company / Terms of Service / Privacy Statement / Mexico Privacy / Supplier Code Of Conduct / Cookie Policy / Website Terms & Conditions / Human Rights Policy