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Freight

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

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

November 25, 2013 - Industry News

Cargo Thefts Decline But Losses Increase Dramatically

This graphic from FreightWatch International shows the locations of reported cargo thefts in August through September. Credit: FreightWatch International.

A new report from the logistics security services provider, FreightWatch International, shows it recorded a total of 212 cargo thefts in the United States in August through September, with 76 thefts in August, 84 in September and 52 in October.

Tags: Freight, Cargo Theft, FreightWatch

November 21, 2013 - Industry News

Port of Long Beach Repeals Cargo Fee

The Long Beach Board of Harbor Commissioners this week unanimously repealed a cargo fee that has been on the Southern California seaport’s books since 2008 but implementation was delayed repeatedly and the fee was never collected.

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

November 20, 2013 - Industry News

Spot Freight Rates Drop Despite More Available Freight

While there was more freight to haul over the past week on the spot market, freight rates moved little, according to the freight matching service provider DAT

Tags: Freight, DAT, Spot Freight

November 20, 2013 - Industry News

FreightWatch Advises Caution About Thanksgiving Cargo Thefts

It notes year after year the holiday shipping season shows an increase in cargo theft risks for transportation companies, shippers and manufacturers.

Tags: Freight, Cargo Theft, FreightWatch, Security

November 20, 2013 - Industry News

Economic Watch: Retail Sales Pop, Consumer Prices Drop

Despite a partial government shut down last month, resulting in hundreds of thousands of people being out of work and with no paychecks, retail sales in the U.S. unexpectedly increased.

Tags: Freight, Consumer Prices, Home Sales, Economy, Retail Sales

November 18, 2013 - Industry News

DOT Proposes Key Freight Highways

The U.S. Department of Transportation proposed a series of key highways to serve as a highway Primary Freight Network, as required by the Moving Ahead for Progress in the 21st Century Act. The notice appeared in today’s Federal Register.

Tags: DOT, FHWA, MAP-21, Freight

November 7, 2013 - Industry News

BTS Releases August North American Freight Numbers

Credit: Bureau of Transportation Statistics

Trucking, which carries three-fifths of U.S.-NAFTA trade, rose 0.7% while rail rose 3%. Vessel declined 2.6% and air 2.4%.

Tags: NAFTA, Freight, BTS, Cross-Border Trucking

November 6, 2013 - Industry News

Spot Market Freight Conditions Slightly Better from Week Before

Total spot market loads available to haul increased 4.9% Oct. 27 through Nov. 2 compared to the previous seven days, while spot market capacity fell 2.3%.

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

October 28, 2013 - Industry News

Economic Watch: Industrial Production, Durable Goods Shipments and Orders Rise

Industrial production in the United States increased in September, posting its biggest gain in seven months. This follows a report Friday showing shipments of manufactured durable goods hit their highest level on record going back to 1992 -- but consumer confidence took a nosedive.

Tags: Freight, Industrial Production, Durable Goods, Consumer Sentiment, Economy

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