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FTR Trucking Conditions Index Hits Four-Year High in February
Strong freight rates push TCI to 10.2, but FTR expects fuel-price volatility to skew March results.
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SEARCHMENUSEARCHStrong freight rates push TCI to 10.2, but FTR expects fuel-price volatility to skew March results.
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As the saying goes, "Opinions are like [fill in the blank], everyone's got one." And that is no more true than here at HDT. We have rounded up the top 10 commentaries for you to enjoy while you ring in the New Year.
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After scouring through our website analytics of news items of the past 12 months, HDT came up with the top 19 stories of 2019, giving you a look back on some of the important moments from this past year.
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The American Trucking Associations’ numbers tracking tonnage hauled by for-hire trucking companies fell again in November, leading ATA Chief Economist Bob Costello to say, “It’s tough to sugar-coat November’s reading.”
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The new year will be a tough one for the trucking industry, according to Steve Tam, vice president of research for ACT Research.
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Current president and chief executive officer of FedEx Custom Critical, Virginia Addicott, has announced her retirement. She was responsible for setting the company’s strategic direction and commitment to delivering value and flawless execution to its customers.
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Over the past year, PrePass Safety Alliance's board of directors has approved 47 new bypassing sites in Illinois, Michigan, Montana, North Carolina, North Dakota, New Jersey, Ohio, Texas, and Wisconsin.
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Another consolidation among global truck makers is in the works: Sweden’s Volvo Group is selling its Japan-based UD Trucks business to Isuzu Motors.
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Digital freight-matching company Convoy said it’s achieved a trucking-industry first: 100% automated brokering of loads to carriers, including matching and pricing, on lanes in top freight markets.
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The industrial slowdown has hit less-than-truckload giant YRC Worldwide, which reported tonnage is down significantly compared to a year ago, as it announced changes to its CFO and board of directors.
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While it’s been a challenging year for the trucking industry in some ways, comparisons to the runaway market of 2017-2018 may make it seem worse than it is. In their monthly State of Freight webinar Dec. 12, the transportation intelligence analysts at FTR discussed the top trends affecting freight volumes and rates.
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