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The American Trucking Associations' For-Hire Truck Tonnage Index increased by 0.4% in November, building slightly on October’s already impressive level.
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FTR’s Trucking Conditions Index fell to a reading of 3.17 in October, more than one point lower than the previous month’s number.
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In a series of tweets, CEO Elon Musk announced Tesla has gone into the trucking business.
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In its latest For-Hire Trucking Index Report, ACT Research found downticks across each of the volume, productivity and capacity results, though freight rates have improved since August.
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Freight softened in August and September, according to the American Trucking Associations' monthly Truck Tonnage Index, but tonnage was still up for the third quarter.
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Honeywell has inked a partnership with Fetch Robotics, which offers a range of autonomous mobile robots that can navigate unpredictable warehouse environments safely and accurately.
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FTR’s August Trucking Conditions Index found that although there was some drop off in activity from the previous month, the business environment for fleets remains generally favorable.
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John Larkin, investment banker and longtime transportation investment research analyst, outlined the trends he’s seeing in freight transportation, many of which are being driven by the evolution of the retail supply chain.
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FTR has added Intermodal Dash software to its newly released Intel•cast freight-forecasting platform.
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FTR’s Trucking Conditions Index spiked in July reflecting the pro-carrier freight environment that is likely to remain throughout 2018.
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