Evan Lockridge worked for Heavy Duty Trucking for 20 years until 2018. A consummate "news guy" since the 1980s, he began covering trucking in 1990 on nationwide radio, print and digitally.
He is the recipient of four Jesse H. Neal honors.
Evan Lockridge worked for Heavy Duty Trucking for 20 years until 2018. A consummate "news guy" since the 1980s, he began covering trucking in 1990 on nationwide radio, print and digitally.
He is the recipient of four Jesse H. Neal honors.
Spot truckload freight rates moved higher in all three categories over the past week, according to the freight matching services provider DAT Solutions, amid an increase in loads and a decline in truck capacity.
The amount of freight carried by the nation’s for-hire transportation industry increased in March from the month before, according to new Transportation Department figures, rising for the second consecutive month to reach an all-time high.
Expected prices for trucking’s primary fuel as well as for gasoline have been revised higher, due largely to anticipated higher prices for crude oil, according to a new Energy Department report.
Unemployment in the U.S. hit a post Great Recession landmark, according to figures released Friday, while a separate report showed increased factory orders but declining capital investment for new factory equipment.
Barring the U.S economy suddenly slamming on the brakes — and you would be hard-pressed to find any economist or analyst worth their salt who would make such a prediction — interest rates are going to continue to move higher. Analysis by Business Contributing Editor Evan Lockridge.
Trucking company YRC Worldwide Inc. narrowed its first quarter loss but was still in the red, but it expects an improvement in its finances later in the year.
Trucking and logistics provider XPO Logistics Inc. reported records for first quarter profit and revenue due to increasing e-commerce business.
Spot market freight activity continued to build during the week ending April 28 as the number of loads on the DAT network of load boards increased but a hike in truck capacity helped keep a lid on rates.
Total intermodal freight volumes climbed 7.2% year-over-year in the first quarter of 2018, the strongest gain since the second quarter of 2014, according to new figures released by the Intermodal Association of North America.
Two reports about the nation’s manufacturing sector during April showed it continued expanding, though they differed in just how much activity increased overall. Another report indicated activity in the construction sector was volatile.
Overall economic activity in the U.S. cooled slightly in the first quarter of the year as consumer spending eased, but the performance was better than analysts were expecting.
Daimler AG, parent company to names such as Freightliner, Western Star, Detroit Diesel, Mercedes, Fuso and others, reported on Friday that its first quarter profit slipped – despite record-setting vehicle sales.
A measure of quarterly freight shipment and spending activity showed big gains in the first quarter of 2018 compared to the same time a year ago, reflecting a stronger economy.
New orders for long-lasting manufactured durable goods jumped more than expected in March, but analysts pointed to some concerns deeper in the Commerce Department report. Separate reports showed improvements in new homes sales as well as in consumer confidence.
A load of publicly held trucking fleets released first quarter 2018 earnings – Forward Air, Knight-Swift, Landstar, Covenant, Echo Global, and Heartland – with all but one reporting better numbers than the same time a year ago.
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