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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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Average spot truckload dry van rates increased in July from June for the first time in six years, while July spot market freight availability caught up with 2015 levels for the first time this year.
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A federal court has ruled against New York State’s practice of using tolls paid by interstate truckers to finance the unrelated tourism and recreation projects that make up the New York Canal System.
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So far in 2016, auction prices have decreased less than 3% per month compared to nearly 5% per month in the second half of 2015.
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Trucking industry research organization ATRI recently led the development of two primers for the U.S. Department of Transportation’s Integrated Corridor Management program.
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A new U.S. Transportation Department report shows the amount of freight carried by the nation’s for-hire transportation industry rose 0.6% in June from the month before, due in part to increased trucking shipments, and is up 0.4% from the same time
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Transportation management provider Truckstop.com has partnered with CargoNet to help combat cargo theft in the trucking industry.
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The number of available loads on the spot truckload market fell 3.9% for the week ending August 6 compared to the week before while rates held steady despite a reduction in the average fuel surcharge, according to DAT Solutions and its network of load boards.
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A report issued by the Governors Highway Safety Association on the “extreme danger posed by tired drivers” includes a new NHTSA estimate that pegs the annual societal cost of fatigue-related fatal and injury crashes at $109 billion— and that does not include property damage.
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KeepTruckin has completed the certification process for its ELD offering, allowing its solution to be officially registered by FMCSA.
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FTR’s Trucking Conditions Index reveals that trucking conditions in June showed few signs of improvement due to slow freight and a lull in new regulations.
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