July Trailer Orders Generally Strong, Outlook Good, FTR Reports
UPDATED -- A month-over-month decline was particularly impacted by a drop in dry van orders following some large fleet orders placed in June, but were 13% better than July 2014.
UPDATED -- A month-over-month decline was particularly impacted by a drop in dry van orders following some large fleet orders placed in June, but were 13% better than July 2014.
Even without a press-release-worthy, 9,000-unit multi-year order, heavy truck sales were still higher than analysts anticipated.
Inflationary pressures on the U.S. economy remain low, as evidenced by a report released Wednesday by the Commerce Department showing an increase of just 0.1% in July from the month before.
Despite van and reefer load availability increasing for the third consecutive week on the spot market, national average rates in the three major trucking sectors continued moving lower last week as equipment availability rose.
The U.S. Postal Service has begun delivering bottled water, fresh fish, and electronics in New York City as it begins a shift toward same-day delivery to compete with FedEx, UPS, and Amazon.com.
EPA and NHTSA's public hearing on proposed GHG Phase 2 standards allowed fleets, manufacturers, environmental groups and legislators to air their concerns on the future emissions rules, often disagreeing on the particulars.
As intermodal freight enters peak shipping season at the nation's ports, West Coast ports appear to be slowing the diversion of freight to East Coast ports. At the same time, East Coast ports are working to extend their inland reach, according to published reports.
Truckload shipping rates continue to rise, while intermodal shipping continues to get cheaper, according to two of the latest monthly readings. A wider report on freight transportation showed a seasonal lull.
The American Trucking Associations' For-Hire Truck Tonnage Index jumped 2.8% in July, following a revised drop of 0.4% during June.
The U.S. housing market continues to improve, with new home starts hitting their highest level in seven years and builder optimism the best in nearly a decade.
Spot market freight volume and rates fell in July, following a typical seasonal pattern, according to the latest DAT North American Freight Index.
The North American Council for Freight Efficiency has released its sixth fuel economy technology confidence report, this one covering the benefits of adopting low rolling resistance tires.
TransEdge Truck Centers will be celebrating 25 years of operation on Aug. 25, with an open house at its flagship location in Allentown, Penn.
The amount of activity at the nation’s factories, mines and utilities turned in its best performance in eight months during July, according to a new Federal Reserve report on Friday.
Truck driver classification should be weighed in light of current waged hour laws, safety regulations and the Affordable Care Act
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