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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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Daimler Trucks North America's new Detroit DD5 engine will begin production in October. The four-cylinder engine offers several benefits over competitive medium-duty engines, including maintenance intervals, fuel economy and durability.
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A new Transportation Department report shows trucks carried more U.S. freight by value with its NAFTA partners, Canada and Mexico, in May compared to the year before. But declines in all other freight modes led to a 3.1% decrease in the dollar value of cross-border freight, totaling $89 billion.
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Phillips Industries has appointed Thomas “Tom” Begin to fill the new role of director of innovation and emerging technologies, effective August 1.
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Trucking pioneer J. Harwood Cochrane, who founded LTL carrier Overnite Transportation Co. during the Depression, died at age 103 on July 25 in Richmond, Va.
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Trucking companies in both the less-than-truckload and truckload sectors reported lower second quarter profits on Thursday morning.
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Phrases such a “challenging freight market” and a freight environment that’s “less attractive” continued to be some of the buzz words Wednesday as another raft of second quarter corporate earnings washed ashore, while one company defied the trend with its net income soaring more than 300%.
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China has taken a key step toward developing an international economic corridor for trade with the European Union and the rest of the world with the ratification of the United Nations TIR Convention.
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Same-dealer sales volumes of Used Class 8 trucks recovered in June, posting a double digit month-over-month increase following a sharp decline in May.
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National average spot freight rates for dry vans and reefers each slipped slightly over the past week while the average flatbed rate made a small gain for the third consecutive week, according to new figures from DAT Solutions, based on its network of load boards.
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While new orders for manufactured durable goods plunged in June, a closely watched economic indicator shows a gain for the first time in three months, as a separate report shows a big hike in new home sales and another is calling for even better retail sales.
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