Freight

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April 8, 2014

Strong Volume Reflected in Cass Freight Index

March freight shipment volume in the U.S. increased 6.6% over the prior month, on top of the 7.3% rise seen in February, according to the just released Cass Freight Index.

April 2, 2014

Flatbed Spot Market Rates Soar; Vans, Reefers Also Gain

Rates on the spot market keep heading higher, with all three major sectors posting increases, according to the freight matching service provider DAT.

April 2, 2014

Trucking Conditions Index Reflects Unprecedented Capacity Constraints

A new report shows business conditions in the trucking industry remain positive, despite a slight downturn, amid warnings of a possible capacity shortage.

March 31, 2014

Economic Watch: Consumer Spending and GDP Gain Among Other Indicators

New figures show biggest driver of the U.S. economy increased last month while the overall economy grew more than estimated a month ago.

March 26, 2014

Spot Freight Rates Recover from a Week Earlier

Rates on the spot market have recovered after generally moving lower a week earlier, according to new figures released from the freight matching service provider DAT.

March 26, 2014

123Loadboard.com Launches Mobile Trucking App

123Loadboard.com has launched a mobile trucking app for Apple iOS devices such as iPhone and iPad that's designed to help professional truckers locate truck loads in the U.S. and Canada.

March 21, 2014

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.

March 19, 2014

Spot Freight Rates Give Back Some of Last Week’s Gains

This happened as total load volume on the spot market increased 7.2% with truck capacity up by 6.4%.

March 18, 2014

ATA Truck Tonnage Index 'Moving in Right Direction Again'

The American Trucking Associations' For-Hire Truck Tonnage Index performed better in February after plunging 4.5% in January, but weather was still a factor in the numbers.

March 18, 2014

Economic Watch: Inflation Tame, Housing Starts Slip

The U.S. Labor Department reports the Consumer Price index increased 0.1% in February from the month before, the smallest hike since last October, while gaining just 1.1% over the last 12 months.

March 17, 2014

Economic Watch: Manufacturing Posts Biggest Jump Since August

Manufacturing increased 0.8% compared to the month before, nearly erasing a 0.9% decline in January, which the Fed attributed to extreme weather.

March 13, 2014

Truckload Linehaul Rate Increasing, Intermodal Forecast Higher

Truckload linehaul rates continue to rise, according to the Cass Truckload Linehaul Index. With demand increasing and capacity decreasing, along with the last two quarters showing an unusually high number of carriers exiting the business, capacity is tight,

March 13, 2014

Economic Watch: Retail Sales Improve Following Two Monthly Drops

The 0.3% increase follows a downwardly revised 0.6% decline in January while the December drop was revised down to 0.3%.

March 12, 2014

Spot Freight Rates Post Big Increases

Rates on the spot market have spiked over the past week, according to new figures from the freight-matching service provider DAT.

March 12, 2014

Freight Index Down From Month Before, Up Compared to Year Earlier

The amount of freight carried by the for-hire transportation industry fell 2.8% in January from December, declining for the second consecutive month, according to the U.S. Department of Transportation’s Freight Transportation Services Index released Wednesday

March 7, 2014

Cass Freight Index Shows February Increase

Despite continued weather problems, North American shipment volume and freight spending both soared in February 2014.

March 7, 2014

February Intermodal Rail Traffic Increases

Intermodal rail traffic increased 1.1% in February compared to the same time a year ago, according to new figures released by the Association of American Railroads.

March 5, 2014

2013 Cargo Thefts Tie Record High, Average Loss Falls

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.

March 5, 2014

Spot Freight Rates Gain from a Year Ago, Mixed Compared to Last Week

While the amount of freight that’s available on the spot market has increased over the past week rates are mixed, according to the freight matching service provider DAT.

March 4, 2014

House Bill Seeks to Increase U.S. Port Activity

Congressman Jim McDermott, D-Wash., has introduced The Maritime Goods Movement Act for the 21st Century, H.R. 4105. The legislation would replace the current Harbor Maintenance Tax, designed to fund the operation and maintenance of American ports.

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