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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.
Signaling the movement of holiday goods, the number of posted van and refrigerated loads on the spot truckload market increased as the rate in one of the three major sectors moved slightly higher for a change.
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The number of cargo thefts in the U.S posted a significant decline in the third quarter of the year but the average value of each crime moved up slightly, as big-value heists jumped, according to logistics-security services provider FreightWatch International.
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If you are looking to the spot market to move some freight, it remains a good news/bad news situation, based on recent numbers.
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XPO Logistics, which closed this week on its purchase of Con-Way Inc., reported more revenue but a bigger loss in its third-quarter earnings report, while the mainly truckload fleet USA Truck showed a smaller profit.
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Economic activity in the nation’s manufacturing may finally be gaining some momentum after some declines, according to two new reports.
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More trucking companies have released their third quarter financial earnings, showing improvements from a year earlier or at least maintaining their ground, despite complaints about the recent freight-hauling environment.
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The value of freight moved between the U.S. and its neighbors Canada and Mexico fell in August, totaling $92.4 billion, thanks largely to the drop in fuel and oil prices moved by pipeline and vessel.
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Economic growth in the U.S. lost a good portion of its momentum in the third quarter of the year, but the performance still may still be strong enough for the Federal Reserve to push interest rates higher before the year is out.
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One trucking company serving mainly the less-than-truckload market and another in the truckload sector have both reported lower third quarter earnings.
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A stretch of recently leaner times for at least one part of the nation’s manufacturing sector could be nearing an end, despite a new report showing lower new orders.
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