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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.
While some may complain that truck freight levels haven’t taken off like a rocket since the end of the Great Recession, the fact is they have posted solid improvements, according to Jonathan Starks of the freight forecasting firm FTR -- and could be headed for a new peak.
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On-highway diesel prices are continuing with their recent round of declines with the national average falling again over the past week and hitting its lowest level since February 2010.
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Two reports released Monday show the nation’s service sector continues increasing, albeit at different rates.
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The national average cost of on-highway diesel has moved lower for the second consecutive week, following five straight weekly hikes, while regular grade gasoline edged higher.
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Construction starts in the U.S. posted healthy gains in February compared to the month before and the same time in 2014, according to a new report from the construction industry data provider Dodge Data and Analytics.
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A look at where the U.S. economy is headed in the next three to six months showed another rise, according to a new report from the private research group The Conference Board.
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The average flatbed rate on the spot market picked up a little more steam while rates in the other two sectors remained stable as both the number of loads to move and truck capacity increased.
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A rally for on-highway diesel prices has ended with the average cost of the fuel falling for the first in more than a month, according to the latest weekly report from the U.S. Energy Department, as the price of crude oil is down dramatically.
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UPDATED -- Industrial production in the U.S. increased 0.1% in February from the month before, but is 3.5% higher than the same time a year ago.
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Prices at the wholesale level fell again in February, down 0.5% from the month before, the fourth straight month this has happened, and is the largest drop since 2009.
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