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After July, the report predicts a weakening in import volume as consumer uncertainty remains high and the impact of increasing inflation takes its toll.
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The American Transportation Research Institute is requesting data from for-hire motor carriers for the annual update of its Operational Costs of Trucking report.
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The spring shipping season may be late, but it's here, especially in produce-distribution markets, according to the spot freight information reported by the DAT network of load boards.
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Convoy has announced a new Power-only and Universal Trailer Pool that would allow small carriers to haul pre-loaded trailers potentially increasing access to more loads that would otherwise require a fleet with a large number of trailers.
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FTR’s Trucking Conditions Index for March fell more than five points from the previous month’s record high. But it remains indicative of a favorable environment for carriers.
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Daseke has announced the formation of Daseke Fleet Services, a new department dedicated to improving purchasing and equipment efficiency.
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Efficiencies — both with people and equipment — was the theme of a panel discussion with HDT’s 2018 Truck Fleet Innovator honorees at the Heavy Duty Trucking Exchange conference in Scottsdale, Arizona.
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Spot truckload freight volume had the strongest April on record, despite slipping 6.8% lower, a common seasonal trend, according to newly released figures from the DAT North American Freight Index.
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A newly released report showed consumer sentiment this month remained at the same level it was a month earlier but it’s still high, while separate reports indicated inflation remains rather tame.
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Not all carriers are riding high on the current trucking business environment. While a major less-than-truckload player turned a profit following a loss a year earlier, a major flatbed and specialized carrier trimmed its losses compared to a year ago, while a third-party logistics provider was barely in the black.
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Mixed economic signs aside, trucking will remain strong for the remainder of the year, FTR economist Eric Starks told attendees at HDT's Heavy Duty Trucking Exchange event in Scottsdale, Arizona.
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