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Former Business Contributing Editor
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.
A new U.S. Transportation Department report shows the amount of freight carried by the nation’s for-hire transportation industry rose 0.6% in June from the month before, due in part to increased trucking shipments, and is up 0.4% from the same time
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The number of available loads on the spot truckload market fell 3.9% for the week ending August 6 compared to the week before while rates held steady despite a reduction in the average fuel surcharge, according to DAT Solutions and its network of load boards.
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If you’ve given up on the truckload spot freight market or have been using it less because of the past year’s depressed rates, it might be time to give it a second look.
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Both trucking and the wider economy added jobs in July, according to new Commerce Department figures, while separate reports show the U.S. trade deficit grew in June to a one-year high and new factory orders fell again.
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Overall intermodal traffic recorded its first volume decline in the second quarter of the year following 25 consecutive quarters of growth, according to a new report from the Intermodal Association of North America.
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A new report reveals the number of reported cargo thefts in the U.S. fell during the second quarter of the year compared to the same period in 2015, but the average value of the heists increased, according to CargoNet.
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The number of available loads on the spot truckload freight market increased 3.5% during the week ending July 30, sending load-to-truck ratios higher at the close of July, but only flatbed rates are continuing to head higher.
Read More →After hitting a post-Great Recession low, economic activity in the nation’s manufacturing sector continues to grow, but how strong that growth is depends on which report you read.
Read More →Hopes that the American economy picked up a good head of steam in the second quarter of the year were quickly dashed on Friday following numbers being issued by the U.S. Commerce Department.
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The week wrapped up with more fleets reporting their second-quarter earnings. Like many that have already advised, profits for three were lower, while the largest trucking company in the nation and another a few years ago that was on the brink of extinction showed improvements.
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