TopNews

Freight

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January 10, 2014 - Industry News

Economic Watch: Light Vehicle Sales Forecast to Increase for Fifth Straight Year

Anyone associated with getting to market new light vehicles, (cars, light trucks and SUVs), not to mention sales and manufacturing of them, has reason to be hopeful about business prospects in the New Year.

Tags: Economy, Freight, Auto Sales, Auto Haulers

January 9, 2014 - Industry News

DOT Freight Index Rises to Best Level on Record

Five Years: Freight Transportation Services Index, November 2008-November 2013. Credit: U.S. DOT

The amount of freight carried by the nation’s for-hire transportation industry rose 1.2% in November from October, rebounding from a one-month decline to reach its highest all-time level, according to a new U.S. Department of Transportation report.

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

January 8, 2014 - Industry News

Spot Market Freight Rates Start Off 2013 Generally Higher

Rates in the three major categories on one of the nation’s leading spot markets for freight increased or held steady over the past week, according to newly released figures.

Tags: Freight, Spot Freight, DAT Transcore

January 8, 2014 - Industry News

Freight Shipments Fall in December, 2014 Projected to be Better Than Last Year

North American freight activity followed virtually the same path in 2013 as it did in the previous two years, concluding with the typical December falloff, according to new issue of the Cass Freight Index Report.

Tags: Economy, Freight, Cass Freight Index

January 7, 2014 - Industry News

Economic Watch: NAFTA Surface Trade Hits Record High

Percent change in value of U.S.-NAFTA freight flows by mode: October 2013 compared to October 2012.

U.S. trade with its North American Free Trade Agreement partners, Canada and Mexico, amounted to $103.1 billion in October, up 4.5% from the same time a year earlier and exceeded $100 billion for the first month on record, according to new U.S. Department of Transportation figures.

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

January 6, 2014 - Industry News

Union Pacific Offering New Intermodal Service Between Laredo and Memphis

Union Pacific Railroad recently initiated a new intermodal service between Laredo, Texas and Memphis, Tenn., supporting growing transportation needs for the automotive manufacturing and intermodal marketplaces.

Tags: Cross-Border Trucking, Mexico, Intermodal, Freight

January 6, 2014 - Industry News

Economic Watch: Factory Shipments and Orders Hit Record High

Shipments and new orders for manufactured goods in the United States both hit their highest levels on record in November, according to a new U.S. Commerce Department report released on Monday.

Tags: Economy, Freight, Manufacturing, Factory Orders

January 6, 2014 - Industry News

Truck Traffic Down at Ambassador Bridge

The busiest border crossing between the United States and Canada saw fewer trucks during most of last year, amid indications there is less freight flowing south.

Tags: Canada, Cross-Border Trucking, Freight, Manufacturing, Ambassador Bridge

January 3, 2014 - Industry News

U.S. Intermodal Rail Traffic Increases in 2013

Photo: Evan Lockridge

Intermodal freight rail traffic in the United States picked up steam in 2013, according to newly figures released by the Association of American Railroads.

Tags: Intermodal, Freight

January 2, 2014 - Industry News

Spot Market Rates Jumped As 2013 Drew to a Close

Rates on one of the nation’s largest spot freight markets increased in all three major categories, according to newly released figures.

Tags: Fleets, Freight, Owner-Operators, Spot Freight, DAT Transcore

December 23, 2013 - Industry News

Cargo Thefts Decline, Value of Each Skyrockets

A total of 222 cargo thefts were recorded in the United States from September through November, according to the logistics security services security provider FreightWatch International, a slight drop from the previous three-month period.

Tags: Freight, Cargo Theft, FreightWatch

December 20, 2013 - Industry News

Truck Tonnage Index Jumps 2.7% in November Hitting Record High

The American Trucking Associations’ advanced seasonally adjusted For-Hire Truck Tonnage Index increased 2.7% in November, after falling 1.9% in October.

Tags: ATA, Truck Tonnage, Freight

December 18, 2013 - Industry News

Spot Market Freight Levels Continue Improving, Rates Up in Majority of Segments

Spot market freight activity continued picking up steam the second week of December, following some improvements the week before as well as in November.

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

December 16, 2013 - Industry News

Economic Watch: Industrial Production Posts Best Gain in a Year

Industrial production in the United States last month grew at its fastest pace in a year with output increasing past a pre-recession peak, according to the U.S. Federal Reserve.

Tags: Economy, Freight, Industrial Production

December 11, 2013 - Industry News

For-Hire Freight Index Drops After Hitting Record High

The amount of freight carried by the for-hire transportation industry fell 0.7% in October from September, the first monthly decline after three months of increases, according to a new figures from U.S. Department of Transportation and its Freight Transportation Services Index.

Tags: Economy, Freight, Freight Index

December 10, 2013 - Industry News

Study: Trucks Moved More Than 70% of Manufactured Goods in 2012

American industries shipped almost 11.7 billion tons of goods valued at more than $13.6 trillion in 2012, according to preliminary numbers from a survey from the U.S. Department of Commerce, and trucks carried most of it.

Tags: Trucks, Railroads, Freight

December 6, 2013 - Industry News

FMCSA Revokes Around 2,000 Freight Broker Licenses

UPDATED -- Nearly 10% of the nation’s freight brokers no longer have their licenses following new federal regulations that took effect requiring a higher bonding amount, while another source says the number is even higher.

Tags: FMCSA, ATA, TIA, OOIDA, Freight, Brokers, AIPBA

December 5, 2013 - Industry News

Container Lines Hapag-Lloyd and CSAV Talking Merger

Two container shipping companies have acknowledged they are in talks about a possible merger that would create the world’s fourth largest such shipping fleet.

Tags: Intermodal, Freight, Ports, Port Trucking

December 5, 2013 - Industry News

More Than 10.5 Million Truck Crossings Into the U.S. in 2012

Truck crossings from Canada totaled 5.6 million in 2012. Photo by Jim Park

Border crossings into the U.S. from Canada and Mexico in 2012 included 10.7 million truck crossings, along with with personal vehicles entering the U.S. nearly 96 million times (33.1 million from Canada, and 62.7 million from Mexico.) The stats also include 320,000 buses and 37,000 trains.

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

December 4, 2013 - Industry News

Spot Rates Increase Across the Board Due to Better Load-to-Truck Ratios

Freight rates have posted their first across the board increases for the first time in several weeks on one of the nation’s largest spot markets.

Tags: Freight, Spot Freight, DAT Transcore

December 4, 2013 - Industry News

Study Finds Panama Canal Expansion Will Affect U.S. Trucking

Photo: U.S. DOT

The U.S. Department of Transportation’s Maritime Administration recently released a study on shipping patterns and industry costs that will help the United States prepare for the anticipated impact on its ports, waterways and intermodal freight systems from the Panama Canal expansion.

Tags: Intermodal, Freight, Panama Canal, Port Trucking

December 4, 2013 - Industry News

Union Pacific Rolls Out New Intermodal Offering with Mexico

Union Pacific Railroad recently introduced a new intermodal service offering between Chicago and Monterrey, Mexico, giving companies another option to move goods across the border six days a week.

Tags: Intermodal, Freight

December 3, 2013 - Industry News

Woman Admits to Double Brokering Scheme

A woman has pleaded guilty to charges in U.S. District Court in Macon, Ga., for her involvement in a double-brokering freight scam. On Nov. 20, Pauline Robinson-Kirkland, of Donalsonville, Ga., admitted to mail fraud. She was indicted in July 2012.

Tags: Freight, Brokers, Fraud

December 3, 2013 - Industry News

ODFL Forecasting Fourth Quarter Tonnage Growth

Less-than-truckload carrier Old Dominion Freight Line on Tuesday updated its expectations for growth in tons per day and revenue per hundredweight for the fourth quarter of this year, saying it now expects a larger increase in tons per day.

Tags: Old Dominion Freight Line, Fleets, Freight, Fleet Financials, LTL

December 1, 2013 - Industry News

Spot Market Rates Barely Improve Despite More Freight

The amount of freight on the spot market has jumped considerably over the last week, but rates have improved little, according to freight matching service provider DAT's latest numbers.

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

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