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Freight

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March 21, 2014 - Industry News

Merger of Container Shipping Lines Hapag-Lloyd and CSAV Approved

Shareholders of CSAV have approved a merger with one-time rival Hapag Lloyd, creating the world’s fourth largest container carrier.

Tags: Intermodal, Freight, Ports, Port Trucking

March 5, 2014 - Industry News

2013 Cargo Thefts Tie Record High, Average Loss Falls

Credit: FreightWatch International

The number of cargo thefts in the United States last year remained the same as it was in 2013, tying the highest level on record, according to a newly released report.

Tags: Freight, Cargo Theft, FreightWatch, Crime

February 3, 2014 - Industry News

FDA Proposes New Rules for Transporting Food

The U.S. Food and Drug Administration will officially propose a rule that would require certain shippers, receivers, and carriers who transport food by motor or rail vehicles to take steps to prevent the contamination of human and animal food during transportation.

Tags: Regulations, FDA, Safety & Compliance, Freight

January 29, 2014 - Industry News

Spot Truck Freight Volume and Rates Drop

Click on graphic to enlarge.

After a strong start to the month, freight activity and rates on the spot truckload market tapered off during the week ending Jan. 25 compared to the previous seven days.

Tags: Fleets, Freight, Owner-Operators, Spot Freight, DAT Transcore

January 29, 2014 - Industry News

Economic Watch: Trucks Moving More NAFTA Trade

Percent Change in Value of U.S.-NAFTA Freight Flows by Mode, November 2013 Compared to November 2012. Credit: U.S. DOT

Three of the five transportation modes - truck, rail and pipeline - carried more U.S.-NAFTA trade in November 2013 than they did a year earlier, according to new figures from the U.S. Transportation Department.

Tags: Canada, Economy, Cross-Border Trucking, Mexico, Surface Trade, Freight

January 22, 2014 - Industry News

Freight Indicators Hit or Near Record Highs

Two measures about the health of the U.S. trucking industry turned in either their best or near-record numbers for December.

Tags: ATA, American Trucking Associations, Freight, Cass Intermodal Linehaul Index, Cass Truckload Linehaul Index, Truck Tonnage Index, Economy

January 22, 2014 - Industry News

Spot Freight Rates Gain in Two Out of Three Major Catagories

Click on graphic to enlarge.

Freight activity and rates on the spot market remained elevated last week after a surge of freight following winter storms the week before, according to the freight matching service provider DAT.

Tags: Freight, Spot Freight, DAT Transcore

January 16, 2014 - Industry News

Economic Watch: Inflation Tame, Overall Conditions Improving

Despite the biggest jump in consumer prices in six months and the first hike in wholesale prices in three months, inflation remains tame, according two new reports.

Tags: Economy, Freight, Consumer Prices, Wholesale Prices, Federal Reserve

January 15, 2014 - Industry News

Spot Market Loads Jump 74% Last Week, 2013 Rates and Activity Better Than 2012

Activity on the spot market skyrocketed the first full week of the year, according to new figures from the freight-matching service provider DAT, but rates lagged.

Tags: Spot Freight, DAT Transcore, Freight

January 10, 2014 - Industry News

Economic Watch: Light Vehicle Sales Forecast to Increase for Fifth Straight Year

Anyone associated with getting to market new light vehicles, (cars, light trucks and SUVs), not to mention sales and manufacturing of them, has reason to be hopeful about business prospects in the New Year.

Tags: Economy, Freight, Auto Sales, Auto Haulers

January 9, 2014 - Industry News

DOT Freight Index Rises to Best Level on Record

Five Years: Freight Transportation Services Index, November 2008-November 2013. Credit: U.S. DOT

The amount of freight carried by the nation’s for-hire transportation industry rose 1.2% in November from October, rebounding from a one-month decline to reach its highest all-time level, according to a new U.S. Department of Transportation report.

Tags: Economy, U.S. DOT, Freight, Freight Index

January 8, 2014 - Industry News

Freight Shipments Fall in December, 2014 Projected to be Better Than Last Year

North American freight activity followed virtually the same path in 2013 as it did in the previous two years, concluding with the typical December falloff, according to new issue of the Cass Freight Index Report.

Tags: Economy, Freight, Cass Freight Index

January 7, 2014 - Industry News

Economic Watch: NAFTA Surface Trade Hits Record High

Percent change in value of U.S.-NAFTA freight flows by mode: October 2013 compared to October 2012.

U.S. trade with its North American Free Trade Agreement partners, Canada and Mexico, amounted to $103.1 billion in October, up 4.5% from the same time a year earlier and exceeded $100 billion for the first month on record, according to new U.S. Department of Transportation figures.

Tags: Cross-Border Trucking, Mexico, Surface Trade, Freight, Canada, Economy

January 6, 2014 - Industry News

Economic Watch: Factory Shipments and Orders Hit Record High

Shipments and new orders for manufactured goods in the United States both hit their highest levels on record in November, according to a new U.S. Commerce Department report released on Monday.

Tags: Economy, Freight, Manufacturing, Factory Orders

January 6, 2014 - Industry News

Truck Traffic Down at Ambassador Bridge

The busiest border crossing between the United States and Canada saw fewer trucks during most of last year, amid indications there is less freight flowing south.

Tags: Canada, Cross-Border Trucking, Freight, Manufacturing, Ambassador Bridge

January 2, 2014 - Industry News

Spot Market Rates Jumped As 2013 Drew to a Close

Rates on one of the nation’s largest spot freight markets increased in all three major categories, according to newly released figures.

Tags: Fleets, Freight, Owner-Operators, Spot Freight, DAT Transcore

December 23, 2013 - Industry News

Cargo Thefts Decline, Value of Each Skyrockets

A total of 222 cargo thefts were recorded in the United States from September through November, according to the logistics security services security provider FreightWatch International, a slight drop from the previous three-month period.

Tags: Freight, Cargo Theft, FreightWatch

December 20, 2013 - Industry News

Truck Tonnage Index Jumps 2.7% in November Hitting Record High

The American Trucking Associations’ advanced seasonally adjusted For-Hire Truck Tonnage Index increased 2.7% in November, after falling 1.9% in October.

Tags: ATA, Truck Tonnage, Freight

December 18, 2013 - Industry News

Spot Market Freight Levels Continue Improving, Rates Up in Majority of Segments

Spot market freight activity continued picking up steam the second week of December, following some improvements the week before as well as in November.

Tags: DAT Transcore, Spot Freight, Freight, Freight Rates

December 16, 2013 - Industry News

Economic Watch: Industrial Production Posts Best Gain in a Year

Industrial production in the United States last month grew at its fastest pace in a year with output increasing past a pre-recession peak, according to the U.S. Federal Reserve.

Tags: Economy, Freight, Industrial Production

December 10, 2013 - Industry News

Study: Trucks Moved More Than 70% of Manufactured Goods in 2012

American industries shipped almost 11.7 billion tons of goods valued at more than $13.6 trillion in 2012, according to preliminary numbers from a survey from the U.S. Department of Commerce, and trucks carried most of it.

Tags: Trucks, Railroads, Freight

December 6, 2013 - Industry News

FMCSA Revokes Around 2,000 Freight Broker Licenses

UPDATED -- Nearly 10% of the nation’s freight brokers no longer have their licenses following new federal regulations that took effect requiring a higher bonding amount, while another source says the number is even higher.

Tags: FMCSA, ATA, TIA, OOIDA, Freight, Brokers, AIPBA

December 5, 2013 - Industry News

More Than 10.5 Million Truck Crossings Into the U.S. in 2012

Truck crossings from Canada totaled 5.6 million in 2012. Photo by Jim Park

Border crossings into the U.S. from Canada and Mexico in 2012 included 10.7 million truck crossings, along with with personal vehicles entering the U.S. nearly 96 million times (33.1 million from Canada, and 62.7 million from Mexico.) The stats also include 320,000 buses and 37,000 trains.

Tags: Canada, Economy, Cross-Border Trucking, Mexico, Surface Trade, Freight

December 4, 2013 - Industry News

Spot Rates Increase Across the Board Due to Better Load-to-Truck Ratios

Freight rates have posted their first across the board increases for the first time in several weeks on one of the nation’s largest spot markets.

Tags: Freight, Spot Freight, DAT Transcore

December 3, 2013 - Industry News

Woman Admits to Double Brokering Scheme

A woman has pleaded guilty to charges in U.S. District Court in Macon, Ga., for her involvement in a double-brokering freight scam. On Nov. 20, Pauline Robinson-Kirkland, of Donalsonville, Ga., admitted to mail fraud. She was indicted in July 2012.

Tags: Freight, Brokers, Fraud

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