November 23, 2015 - Industry News
Toyota Transport, the automaker’s in-house vehicle transportation trucking company, added its first car hauler that runs on compressed natural gas (CNG).
Tags: Toyota, Vehicle Logistics
A measure of truckload rates moved higher in October from the same time last year, while intermodal rates continued moving lower, according to newly released figures.
Tags: Economy, Intermodal, Cass Intermodal Linehaul Index, Cass Truckload Linehaul Index, Freight Rates
November 20, 2015 - Industry News
Congress has another two weeks to work on finishing up a highway bill, as President Obama Friday signed a bill extending federal transportation funding through Dec. 4. It was due to expire Friday night.
Tags: Congress, Highway Funding, Infrastructure Funding
November 19, 2015 - Industry News
While many of latest numbers on the U.S. economy show it’s performing below where many would like it to be, there is increasing evidence the U.S. Federal Reserve is moving closer to raising short-term interest rates for the first time in years.
Tags: Economy, Interest Rates, Industrial Production, Consumer Prices, Housing Starts, Leading Economic Indicators, Federal Reserve, Home Building
Increased truck availability and few available loads to move pushed spot market truckload rates down again over the past week, but one analyst says it's possible they have bottomed out.
Tags: Spot Freight, Freight Rates, DAT Solutions
Truckstop.com's first user conference, a three-day event in Dallas, Texas, balanced keynote speeches by industry experts, educational breakouts, and a handful of product announcements.
Tags: Information Technology, Events, Truckstop.com
Omnitracs has announced the breakout track and session lineup for its second annual user conference — Omnitracs Outlook 2016: Innovation for the Road Ahead — which will take place Jan. 31-Feb. 3, 2016, at the Hilton Anatole in Dallas, Texas.
Tags: Information Technology, Events, Omnitracs
November 18, 2015 - Industry News
The Senate has approved an amendment that strips out a measure included in the Department of Transportation funding bill that would have allowed 33-foot-long double trailers to operate on highways regardless of state laws.
Tags: DOT, U.S. Senate, Truck Size/Weight
Net order activity in October for new Class 8 and Class 5-7 trucks reflects the continuing slowdown in market activity, according to ACT Research Co.
Tags: Truck Sales, ACT Research, Truck Orders, Medium-Duty Trucks
November 17, 2015 - Industry News
A bipartisan bill to extend the authorization for federal highway and transit programs through Dec. 4 has been passed by the House.
Tags: Highway Funding, U.S. House of Representatives
C.H. Robinson, one of the world’s largest logistics providers, has signed a seven-year lease for a 235,000-square-foot commercial office building and warehouse in the Chicago area.
Tags: Chicago, 3PL, Illinois, C.H. Robinson
True Value Company has chosen Ryder System to handle its transportation services through a Ryder Dedicated Transportation Solutions agreement.
Tags: Outsourcing, Ryder System, Private Fleets, Dedicated Fleets
November 16, 2015 - Industry News
A bipartisan bill to extend the authorization for federal highway and transit programs through Dec. 4 was introduced in the House Nov. 16.
Tags: Highway Bill, U.S. Congress, Elected Leaders
November 13, 2015 - Industry News
More gloom than boom, but no doom sums up the economic outlook for 2016 presented by FTR economists in the latest State of Freight webinar hosted by the research and analysis firm.
Tags: FTR, U.S. Economy, Economy
A report on Class 8 freight volumes issued by ACT Research dovetails with other analysis released this week that signals motor carriers are starting to feel the effect of a slowdown in both import/export activity and in domestic manufacturing levels.
Tags: Economy, ACT Research, Freight
ABF Freight, Old Dominion Freight Line, and Roehl Transport took home honors from the American Trucking Associations' Safety, Security and Human Resources Conference in Little Rock, Ark.
Tags: Old Dominion Freight Line, Cargo Theft, ABF, Roehl Transport, Security, American Trucking Associations
While a recent good unemployment report led some to speculate the Federal Reserve will raise interest rates at year-end, new numbers released Friday remind us there's more to the equation.
Tags: Economy, Retail Sales, Unemployment, Consumer Confidence, Wholesale Prices, Employment, Producer Prices
November 12, 2015 - Industry News
The 2012-model trucks sold in 2011, a good year, should push down prices as freight tonnage and demand now seems to be softening slightly.
Tags: Used Trucks, Truck Sales, Class 8
A multi-million dollar scheme involving the theft, resale and purchase of stolen heating oil has led the New York County District Attorney’s Office to issue 44 indictments, including for 29 truck drivers.
Tags: New York City, Theft, Crime & Fraud, Winter
Taken separately, new reports on freight movements in the U.S. on freight volume, shipper spending and even the spot market seem to run almost counter to one another. A deeper dive into the analysis shows why activity has slowed but is not widespread.
Tags: Economy, Spot Freight, Freight Rates, Freight Index, Cass Freight Index, DAT Solutions, DAT North American Freight Index
The FTR Trucking Conditions Index declined from the previous month’s number to a reading of 8.46 in September. The reading in August was the highest of 2015 so far.
Tags: Freight, FTR, Trucking Conditions Index
November 11, 2015 - Industry News
The Senate has approved a bipartisan motion that instructs Senate conferees to the highway bill to oppose the inclusion of a provision that would allow 33-foot long double trailers to operate on highways regardless of state laws.
Tags: U.S. Senate, Highway Bill, Truck Size/Weight
One truck component supplier moved from a profit to a loss in the third quarter of the year while a natural gas engine provider took on more red ink.
Tags: Economy, Meritor, Earnings, Cummins Westport, Westport Innovations
Signaling the movement of holiday goods, the number of posted van and refrigerated loads on the spot truckload market increased as the rate in one of the three major sectors moved slightly higher for a change.
November 10, 2015 - Industry News
ATRI's latest CSA Research Piece found that excluding “non-preventable crashes” from data decreased the Crash Indicator BASIC by nearly 15% among over a dozen carriers studied.
Tags: FMCSA, CSA, ATRI
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