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Freight

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October 8, 2014 - Industry News

For-Hire Freight Index Hits Record High in August

Five Years: Freight Transportation Services Index, August 2009- August 2014. Credit: U.S. DOT

The U.S. Transportation Department’s Freight Transportation Services Index, which is based on the amount of freight carried by the for-hire transportation industry, rose 0.6% in August from July, rising for the second consecutive month.

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

September 30, 2014 - Industry News

National Freight Plan Needs to Address Congestion, GAO Says

Truck and rail traffic are expected to grow, good news for the economy as well as the carriers -- but with growth comes congestion, and transportation planners need more information and better direction from Congress on how to manage the problem. That’s the message from the Government Accountability Office.

Tags: DOT, Congress, Freight, Highway Bill

September 9, 2014 - Industry News

Carrier, Shipper Interests Push Federal Freight Policy

Photo: Evan Lockridge

Freight interests are staking ground for the next highway program, asserting the need for sustainable funding, systematic planning and improved efficiency. The Freight Stakeholders Coalition, representing 18 carrier and shipper organizations including American Trucking Associations, published a 9-point platform for the upcoming debate over reauthorization of the program.

Tags: DOT, Congress, Highways, Freight, Legislation, Highway Funding, ATA, IANA, NITL

September 9, 2014 - Industry News

Cass Freight Index Advances, Freight Spending Slips

North American freight volumes bounced back in August from a normal July dip, but it did not lead to a similar increase in freight spending, according to the Cass Freight Index.

Tags: Economy, Freight, Freight Rates, Cass Freight Index

September 4, 2014 - Industry News

Two LTLs Report Tonnage Gains

The less-than-truckload carrier ABF Freight saw its August billed revenue per day increase by approximately 10% above last year's level, according to a disclosure it filed with the Securities and Exchange Commission.

Tags: Fleets, Freight, Tonnage, ABF, Saia

September 3, 2014 - Industry News

ODFL Raises Third Quarter Expectations

The North Carolina-based operation also affirmed its previously announced expectations for growth in its LTL revenue per hundredweight.

Tags: Old Dominion Freight Line, Fleets, Freight, Earnings

August 19, 2014 - Industry News

Southern California Import Container Volume Stagnates, Contract Talks Blamed

Port of Los Angeles. Credit: Port of L.A.

Import cargo volume at the nation’s busiest port complex barely increased, if at all in July, due to shipper concerns about contract talks involving longshoremen working at West Coast ports.

Tags: Port of Los Angeles, Port of Long Beach, Freight, Ports, Port Trucking

August 13, 2014 - Industry News

DOT Freight Index Near All-Time High Despite Slight Drop

Five Years: Freight Transportation Services Index, June 2009 - June 2014. Graphic: U.S. DOT

The U.S. Transportation Department’s Freight Transportation Services Index declined 0.9% in June from May, falling after four consecutive monthly increases, according to numbers released Wednesday.

Tags: Economy, Freight Index, Freight

August 13, 2014 - Industry News

Cass Freight Index Posts Usual Summer Decline

The freight logistics sector slowed in July, following a seasonal trend, with both freight shipments and freight payments down 3.9% from the previous month, according to the latest Cass Freight Index.

Tags: Economy, Freight, Freight Rates, Cass Freight Index

August 8, 2014 - Industry News

Refrigerated Intermodal Service Ends Between Pacific Northwest, Midwest

Photo: Cold Train

A refrigerated intermodal container service between the Pacific Northwest and the Midwest has ended due service from partner BNSF Railway that allegedly was not so hot.

Tags: Railroads, Intermodal, Freight, Cold Train, BNSF

August 4, 2014 - Industry News

Intermodal Shipments Post Solid Second Quarter Gains

Credit: IANA

International containers increased 9.6%, trailers improved by 4.3%, and domestic containers grew 7.6% quarter-over-quarter, all indications that the intermodal industry is recovering from a harsh winter and a contracted economy.

Tags: Economy, Intermodal, Freight

July 29, 2014 - Industry News

Exel, DHL Supply Chain Form Freight Brokerage

Contract logistics provider, Exel, and its sister logistics company, DHL Supply Chain, have formed a new freight brokerage company, Exel Freight Connect.

Tags: Freight, Brokers, Exel Freight Connect

July 21, 2014 - Industry News

ATA Predicts Continued Growth for Industry, Revenues

Source: ATA U.S. Freight Transportation Forecast to 2025

Freight tonnage will grow 23.5% from 2013 to 2025 and freight revenues will jump 72%, according to the American Trucking Associations' U.S. Freight Transportation Forecast to 2025, a look at the future of freight. It predicts continued growth for both the trucking industry and freight economy overall.

Tags: ATA, American Trucking Associations, Forecast, Statistics, Freight

July 16, 2014 - Industry News

Freight Advisory Committee Makes Recommendations to U.S. DOT

Photo: Evan Lockridge

U.S. Transportation Secretary Anthony Foxx received a report this week from the Department of Transportation’s National Freight Advisory Committee making 81 recommendations to improve the performance of the nation’s freight transportation system.

Tags: Infrastructure, U.S. Transportation Secretary, Department of Transportation, Highway Funding, U.S. DOT, Highways, Freight

July 16, 2014 - Industry News

Spot Freight Rates Down Over Past Week, June Performance Higher

Spot market freight rates has declined across the board in the most recent week, following healthy gains the week before, according to the freight matching service provider DAT.

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

July 10, 2014 - Industry News

DOT Freight Index Hits Another Record High

Freight Transportation Services Index, May 2009 - May 2014. Credit: U.S. DOT<br />

The amount of freight carried by the for-hire transportation industry rose 0.6 percent in May from April, rising for the fourth consecutive month, according to the U.S. Department of Transportation’s Freight Transportation Services Index released Thursday.

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

July 9, 2014 - Industry News

Spot Freight Rates Soar Over Past Week

Rates on the spot market soared over the past week, according to new figures from the freight-matching service provider DAT. Flatbeds led the hikes gaining 4.1% June 29 through July 5, compared to the previous seven days, hitting $2.54 per mile.

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

June 17, 2014 - Industry News

Logistics Report Predicts ‘Banner Year’

This is going to be a banner year for the logistics industry, says Rosalyn Wilson in the 25th Annual State of Logistics Report. The economy last year was not stellar and business inventories plummeted in the first period this year as a consequence of bad weather, but freight is gaining now, Wilson says in a Tuesday presentation at the National Press Club.

Tags: Economy, Forecast, Freight, Logistics, Penske

June 11, 2014 - Industry News

California Sets Dates for Freight Mobility Plan Workshops

California’s Department of Transportation, known as Caltrans, will host eight public workshops between June 17 and July 24 to solicit input on the draft California Freight Mobility Plan, which lays out a vision for all the ways freight is moved, including seaports, air cargo, railroads, and trucking.

Tags: Infrastructure, Caltrans, California, Freight, Highway Construction

June 11, 2014 - Industry News

DOT Freight Index Near All-Time High

Freight Transportation Services Index, April 2009 - April 2014. Credit: U.S. DOT

The amount of freight carried by the for-hire transportation industry rose 0.4% in April from March, increasing for the third consecutive month, according to the U.S. Department of Transportation’s Freight Transportation Services Index released Wednesday.

Tags: Economy, Department of Transportation, U.S. DOT, Freight, Freight Index, Transportation Services Index, U.S

June 11, 2014 - Industry News

Spot Freight Rates Continue Surging

Rates for spot market freight moved significantly higher over the past week following big gains over the past month, according to the freight matching service provider DAT.

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

June 9, 2014 - Industry News

Cass Freight Index Increases, Shipment Volume Highest Since 2011

North American freight shipments and expenditures continued to buck the historic trend and increased again in May, according to the latest Cass Freight Index.

Tags: Economy, Freight, Freight Rates, Cass Freight Index

May 27, 2014 - Industry News

ODFL Raises Second Quarter Expectations

Less-than-truckload carrier Old Dominion Freight Line on Tuesday increased its outlook for growth in second-quarter revenue per hundredweight, excluding fuel surcharges, to a range of 3% to 3.5% from the same time in 2013.

Tags: Old Dominion Freight Line, Fleets, Freight

May 23, 2014 - Industry News

South Carolina Ports Have Best Month Since May 2008

The increase in pier containers pushed fiscal year 2014 volumes up by 5.5% year-over-year. April's pier container volume represented a 12.3% increase over April 2013 and a 21.7% increase over April 2012.

Tags: Economy, South Carolina, Freight, Ports, Port Trucking

May 22, 2014 - Industry News

Spot Market Reefer Rates Continue Increasing; Vans, Flatbeds Unchanged

The freight matching service provider DAT reports the total number of loads available increased 7.5% May 11 through May 17 compared to the previous seven days, while truck capacity grew 1.5%.

Tags: Freight, Spot Freight, DAT Transcore

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