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FTR Says Freight Rates Surged in May
FTR's Trucking Conditions Index surged to a record high in May, the analytics firm reports.
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SEARCHMENUSEARCHFTR's Trucking Conditions Index surged to a record high in May, the analytics firm reports.
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Three of the five transportation modes carried more U.S.-NAFTA trade in September than in September 2012, as the value of overall U.S. trade with its North American Free Trade Agreement partners, Canada and Mexico, rose 5% from year to year, according to newly released data from the U.S. Department of Transportation.
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FTR has hired Don Ake as vice president of commercial vehicles. In his new role with the company, Ake is directing the enhancement of FTR’s Truck & Trailer Outlook product.
Read More →The California Trucking Association announced the selection of industry veteran Shawn Yadon as its new chief executive officer.
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Con-way Freight announced the launch of MyCon-way.com, a new online customer portal which will enable Con-way Freight's customers to more efficiently manage their LTL freight needs.
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Work will continue on the I-24 Ohio River Bridge between Paducah, Ky., and Metropolis, Ill., into mid-January, and the maximum load width will be reduced.
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Unemployment moved down in November to its lowest level in five years and with it trucking added the most jobs in several months.
Read More →UPDATED -- Nearly 10% of the nation’s freight brokers no longer have their licenses following new federal regulations that took effect requiring a higher bonding amount, while another source says the number is even higher.
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The Owner-Operator Independent Drivers Association filed a lawsuit in the U.S. District Court, Eastern District of California, against the California Air Resources Board on Friday, in connection with the Truck and Bus Regulation.
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Less-than-truckload carrier ABF Freight System is cutting its number of terminals from 277 to 247. In a “change of operations” filing with the Securities and Exchange Commission, ABF parent company Arkansas Best said it had already eliminated eight facilities in the second half of this year, with the rest still yet to close.
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The broadest measure of health of the nation’s economy shows it expanded at an annual rate of 3.6% in the third quarter of the year, more than originally reported, according to the U.S. Commerce Department on Thursday.
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