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Freight

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April 16, 2018 - Industry News

FTR: February Freight Environment for Carriers Scores Highest Ever

The February TCI reading of 15.41 was the highest since FTR began tracking conditions in1992-- and it jumped four points from January’s reading. Source: FTR

FTR’s Trucking Conditions Index for February hit its highest reading ever, reflecting an unmatched positive environment for carriers.

Tags: Economy, Freight, FTR, Trucking Conditions Index, Freight Rates, Freight Capacity

April 12, 2018 - Product News

XPO Launches Freight Marketplace for Shippers

XPO Connect is an online freight marketplace that is designed to give shippers visibility across freight modes. Image: XPO Logistics

XPO Logistics has introduced a cloud-based freight marketplace called XPO Connect that is designed to give shippers visibility across freight modes to improve the efficiency of the supply chain.

Tags: Freight, Shippers, Load Board, XPO Logistics, Online Marketplace

April 4, 2018 - Industry News

Schneider Offers Lease-On Option for Owner Operators

Schneider is offering owner-operators with 2000 or newer model-year trucks a lease-on opportunity. Screenshot via Schneider

Schneider is offering owner-operators with 2000 or newer model-year trucks a lease-on opportunity with access to select van truckloads.

Tags: Freight, Schneider, Owner-Operators, Load Board

February 27, 2018 - Industry News

Cross-Border Freight Value Increases for 14th Straight Month

U.S.-NAFTA Freight Value Percent Change from Previous Year, December 2017.

The value of freight moving between the U.S. and next door neighbors Canada and Mexico posted its 14th straight year-over-year gain in December, according to new Transportation Department figures.

Tags: NAFTA, Freight, Cross-Border Trucking

February 26, 2018 - Industry News

Freight Demand Drives Trailer Order Increase

Net trailer orders rose 24% year-over-year driven partly by increasing freight demand. Photo: Stoughton

The final numbers for January trailer orders have come in, showing a strong start to 2018 for the trailer industry as fleets try to meet increased freight demand, according to ACT Research.

Tags: Trailers, ACT Research, Freight, Trailer Orders

February 20, 2018 - Industry News

Strong Economy Boosts Truck Tonnage Index 2% in January

The Truck Tonnage Index gained 2% in Jan. 2018. Source: ATA

The American Trucking Associations’ advanced seasonally adjusted For-Hire Truck Tonnage Index increased 2% in January, reflecting strong economic conditions in a traditionally soft month.

Tags: Economy, ATA, Freight, Truck Tonnage, Truck Tonnage Index

February 14, 2018 - Industry News

For-Hire Freight Continues Setting New Records

Freight Transportation Services Index, December 2012 - December 2017. Credit: U.S. DOT

A gauge of the level of freight moved by the nation’s for-hire transportation industry capped off 2017 by posting another new all-time monthly high, according to the Transportation Department.

Tags: Economy, Railroads, Intermodal, Freight Index, Freight

February 13, 2018 - Industry News

FTR Finds Maxed-Out Capacity in Latest Trucking Conditions Index

FTR’s Trucking Conditions Index for December rebounded after a one-month lull in November to a strong 9.2 reading. Source: FTR

FTR’s Trucking Conditions Index rebounded in December to a reading of 9.2, reflecting a full capacity environment with strong freight demand.

Tags: Productivity, Freight, FTR, Trucking Conditions Index, Capacity

February 2, 2018 - Industry News

Intermodal Freight Numbers Finish the Year Strong

Intermodal freight volumes saw a growth rate of 5.8% year over year. Source: IANA

Intermodal freight volumes posted a strong fourth quarter that saw a growth rate of 5.8% year over year, according to an Intermodal Association of North America report.

Tags: Economy, Intermodal, Freight, IANA, Freight Volume

January 29, 2018 - Industry News

4th Quarter Freight Spending Surges as Shipments Ease

Results of the latest U.S. Bank Freight Payment Index. Graphic: U.S. Bank

A measure of the nation’s freight market showed gains in both spending and shipments during the fourth quarter of 2017, but the strength of the advances differed widely.

Tags: Economy, U.S. Bank, Freight, Freight Rates

January 11, 2018 - Industry News

New Conference Puts Focus on Freight Technology

FreightWaves is launching its inaugural Transparency18 conference, focusing on freight technology and the economy. The conference is set to take place from May 22-23 in Atlanta, Ga.

Tags: Conference, Economy, Technology, Freight, Events

December 12, 2017 - Industry News

FTR Trucking Conditions Index Spikes in October

The FTR Trucking Conditions Index for October, jumped to a reading of 9.48, way up from the previous month's level of 3.5.

Tags: Economy, Freight, FTR, Trucking Conditions Index

November 28, 2017 - Industry News

Blockchain Group Expands to Include All Transportation Types

The group formerly known as the Blockchain in Trucking Alliance has expanded its mission and been renamed the Blockchain in Transport Alliance, reflecting its widened focus on all forms of transportation.

Tags: Information Technology, Freight, Logistics, Big Data, Blockchain, Blockchain in Trucking Alliance, Blockchain in Transport Alliance

November 8, 2017 - Industry News

For-Hire Freight Level Continues Hitting New Record Highs

Freight Transportation Services Index, September 2012 - September 2017. Graphic: U.S. DOT

A measure of the amount of freight moved by the nation’s for-hire transportation industry reached another all-time monthly high in September, according to newly released figures, rising 0.2% above the previous highest level hit a month earlier.

Tags: Economy, Railroads, Freight, Freight Index

November 1, 2017 - Industry News

Intermodal Surges in Third Quarter, Volume Hits Record High

Graphic: IANA

Total intermodal freight volumes climbed 6.3% year-over-year in the third quarter for the strongest growth rate in over three years, according to new figures from the Intermodal Association of North America (IANA).

Tags: Railroads, Intermodal, Freight

October 31, 2017 - Product News

Geotab Adds Trio of Solutions to Marketplace

Photo courtesy of Geotab.

Geotab has added three solutions geared to heavy-duty fleets to the Marketplace app platform, including Descartes MacroPoint, Welltrax by Vertrax, and HighJump Prophesy Dispatch TMS.

Tags: Geotab, Mobile Apps, 3PL, OBD-II Device, Freight

October 13, 2017 - Industry News

Trucking Drives Another Record-Setting Month in For-Hire Freight Movements

Freight Transportation Services Index, August 2012 - August 2017. Graphic: U.S. DOT

The amount of freight moved by U.S. for-hire transportation providers hit an all-time high again in August, according to Transportation Department figures, after breaking the previous record the month before.

Tags: Economy, Freight

September 6, 2017 - Product News

Uber Freight Says it Can Get Drivers Home

‘Get Home’ shown in the ‘For You’ load recommendations. Photo: Uber Freight

Uber Freight announced a new feature, called “Take Me Home,” designed to highlight loads that can help drivers return home.

Tags: Freight, Load Board, Uber, Uber for Trucking, Mobile Apps

August 24, 2017 - Industry News

Cross-Border Freight Increases for 8 Straight Months

U.S.-NAFTA freight value percent change from previous year over the last 24 months. Graphic: U.S. DOT

The value of freight moved between the U.S. and its North American Free Trade Agreement partners Canada and Mexico increased in June for the eighth consecutive month, according to new Transportation Department figures, though the hike for trucking was less than most other modes.

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

August 3, 2017 - Industry News

Intermodal Recovery Strengthens During Second Quarter

Intermodal service providers again demonstrated clear gains in the intermodal sector. Photo: Jim Park

Total intermodal freight volumes gained 4.5% in the second quarter of the year, the strongest growth in nearly three years, according to new figures from the Intermodal Association of North America.

Tags: Railroads, Intermodal, Freight

July 31, 2017 - Industry News

Value of U.S.-NAFTA Freight Rises for 7th Straight Month

U.S.-NAFTA freight value percent change from previous year over the last 24 months. Graphic: U.S. DOT

A rise in the value of cross-border trucking freight between the U.S. and the other two North American Free Trade Agreement partner counties helped push total value of commodities higher for the seventh straight month in May, according to a new Transportation Department report.

Tags: Economy, Cross-Border Trucking, Railroads, Surface Trade, Freight

July 19, 2017 - Industry News

ATA Forecasts Steady Rise in Truck Tonnage Over Next Decade

Image via ATA

The ATA Freight Transportation Forecast is projecting steadily increasing freight tonnage overall and for the trucking industry for the next ten years.

Tags: Economy, ATA, Freight, Tonnage, Economic Forecast

July 18, 2017 - Industry News

ATA Truck Tonnage Index Falls 4.3%

Source: ATA

The American Trucking Associations’ advanced seasonally adjusted For-Hire Truck Tonnage Index fell 4.3% in June. That's in contrast to a 6.9% gain the month prior.

Tags: ATA, Freight, Truck Tonnage, Truck Tonnage Index

July 12, 2017 - Industry News

For-Hire Freight Rebounds, Hits New Record High

Freight Transportation Services Index, May 2012 - May 2017. Graphic: U.S. DOT

The level of freight moved by the nation’s for-hire transporters rebounded in May following a two-month decline, according to the U.S. Transportation Department.

Tags: Economy, Freight, Freight Index

July 10, 2017 - Industry News

Economic Watch: Imports Could Hit New Record High Following Big Gains

July and August should be two of the busiest months ever seen for imports at the nation’s major retail container ports, possibly setting a new record as merchants enter the back-to-school season and begin to stock up for the holiday season that will follow, according to a new forecast from the National Retail Federation, a retail trade association.

Tags: Economy, Intermodal, Freight, Ports, Containers, Port Trucking

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