
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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WL Byers and Southern Pines announced that the two trucking companies will combine in an equal partnership under the Southern Pines name offering services in the U.S., Canada and Mexico.
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Changes on the way for trucking could be as sweeping as the deregulation of the early 1980s or the invention of the Interstate Highway System, according to analysts with FTR at the company's transportation conference.
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FTR’s Intermodal Competitive Index fell more than three points from June to a reading of 0.6 in July, a large drop that nearly brought the ICI into negative territory.
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New U.S. Transportation Department figures show the amount of for-hire freight rose 1.6% in July from June, the fourth consecutive monthly gain and a new record high.
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INDIANAPOLIS -- Expect big changes over the years in the way trucking and supply chains are managed, including turning it upside down. That was one of the messages those attending the FTR Transportation Conference heard Thursday morning.
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Spot truckload freight rates saw more declines than improvements in both new weekly and monthly figures released by DAT Solutions.
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Trip planning app provider Trucker Path announced that Leigh Foxall has joined the company as the vice president of sales.
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A survey conducted by transportation management and logistics provider Transplace has revealed that 38% of small carriers had no immediate plans to implement ELD devices.
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While a recovery for freight and the overall U.S. economy is in the cards for the fourth quarter of the year, those attending the first sessions of the FTR Transportation Conference in Indianapolis on Wednesday were also told by experts they should not expect a huge boom.
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The American Transportation Research Institute and Mayo Clinic launched a set of surveys to gather carrier and driver input on the impact that the National Registry of Certified Medical Examiners has had on the driver medical exam process.
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