
Truckload Rates Keep Rising as Tight Capacity Fuels Freight Market Recovery
Spot and contract rates continued climbing in May and June, not because freight demand is surging, but because fewer trucks and drivers are available.
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Spot and contract rates continued climbing in May and June, not because freight demand is surging, but because fewer trucks and drivers are available.
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For the second year in a row, out-of-service violations were issued at record-low levels by inspectors during the 2016 Commercial Vehicle Safety Alliance International Roadcheck.
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Profit for the Tennessee-based parent to Covenant Transport plummeted in the third quarter, while Landstar System recorded only a 7.6% decline, according to numbers released late Wednesday afternoon.
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Several heavy duty fleets were recognized and six took the top honors for sustainability and efficiency at the 2016 Fleet Technology Expo at an Oct. 19 ceremony in Schaumburg, Ill.
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Sales of commercial vans may set a record this year and helping drive that traffic is a wider array of offerings in three distinct size categories.
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After offering a glimmer of “less bad” hope in August, one measure of freight shipments data in September disappointed.
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While the strength of nation’s homebuilding market has eased just a bit, it remains robust. Meanwhile, a measure of consumer prices show it’s approaching a level the Federal Reserve has said it needs to hit in order to raise interest rates.
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Interstate 95 has been re-opened throughout North Carolina after earlier closures due to Hurricane Matthew. However, I-95 Southbound is reduced to one lane at two locations in the state.
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Fleets are becoming very curious about on board video recording devices. There are dozens of very good reason to get get serious about acquiring such systems, but there's a downside to the systems as well. Mike Nalepka, CEO of VideoProtects.com, shared his thoughts on truck cams at Bobit Business Media's Fleet technology Conference in Schaumburg, Ill.
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The FMCSA has awarded close to $1 million in grants to seven technical and community colleges to help train military veterans and their families for jobs as commercial truck and bus drivers.
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The American Trucking Associations' advanced seasonal adjusted For-Hire Truck Tonnage Index shrank 5.8% in September, erasing the 5% increase of the month before.
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