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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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Border crossings into the U.S. from Canada and Mexico in 2012 included 10.7 million truck crossings, along with with personal vehicles entering the U.S. nearly 96 million times (33.1 million from Canada, and 62.7 million from Mexico.) The stats also include 320,000 buses and 37,000 trains.
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A recent news report about broken truck reefer units in Ohio prompted Sen. Sherrod Brown, a Democrat from Ohio, to press the Federal Motor Carrier Safety Administration to act on food safety.
Read More →The Port Authority of New York and New Jersey has authorized a program to continue a multimillion-dollar upgrade of the road network at the agency’s New Jersey marine terminals.
Read More →Two container shipping companies have acknowledged they are in talks about a possible merger that would create the world’s fourth largest such shipping fleet.
Read More →A proposed ban on diesel-powered vehicles in the District of Columbia has drawn a strong response from a coalition of trucking industry groups. The coalition warned the D.C. Council that provisions in the recently introduced Sustainable D.C. Omnibus Act of 2013 would have “significantly harmful effects on the District’s economy and on the quality of life of District residents.”
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The parent to liquid and dry bulk hauler, Florida Rock & Tank Lines, has reported a huge increase in income for its fiscal fourth quarter as well as for its fiscal year.
Read More →Union Pacific Railroad recently introduced a new intermodal service offering between Chicago and Monterrey, Mexico, giving companies another option to move goods across the border six days a week.
Read More →November North American Class 5 through 7 net truck orders are expected to total 18,000 while Class 8 orders are expected at 21,200 units, when actual data are released mid-month, according to commercial vehicle data analysts at ACT Research.
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The Federal Motor Carrier Safety Administration is now taking entries for its annual “Be Ready. Be Buckled.” student art contest organized by the Commercial Motor Vehicle Safety Belt Partnership.
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The U.S. Department of Transportation’s Maritime Administration recently released a study on shipping patterns and industry costs that will help the United States prepare for the anticipated impact on its ports, waterways and intermodal freight systems from the Panama Canal expansion.
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