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FTR Associates' Shippers Conditions Index for December edged up roughly 1.5 points from November to a reading of -4.6, which still reflects a somewhat adverse environment for shippers
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The rise in linehaul rates leveled off a bit during January, according to the Cass Truckload Linehaul Index, but nevertheless hit their highest point since the January 2005 date where the Cass Index data begins
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Total cargo thefts in Mexico rose 13% for the year, according to the FreightWatch International 2011 Mexico Cargo Theft Report
Read More →The amount of freight carried by the for-hire transportation industry rose 3.9% in December from November, the largest monthly rise in 17 years, bringing the level of freight shipments to an all-time high, according to the U.S. Department of Transportation's Bureau of Transportation Statistics' Freight Transportation Services Index
Read More →Preliminary data shows January Class 8 truck total net orders of 24,906 units for all major North American OEM's, according to FTR Associates
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January saw a slight decline in freight shipments compared to December, with freight expenditures essentially flat, according to January's Cass Freight Index Report.
Read More →North America medium and heavy-duty GVW Classes 5-7 and Class 8 commercial vehicle preliminary net orders for January were in line with expectations, reports ACT Research Co.
Read More →FTR's Trucking Conditions Index, as reported in the February 2012 Trucking Update, increased in December to a reading of 7.0
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While fears of a double-dip recession are easing, GDP and industrial production numbers suggest 2012 will not be as robust as 2011. As recently as June, economists were predicting growth of 3 to 3.5 percent for 2012, but new consensus forecasts are calling for growth of just 2 to 2.5 percent. That one percentage point drop means we may need about 20,000 fewer new trucks this year
Read More →Trade using surface transportation between the U.S. and Canada and Mexico was 12.7% higher in November 2011 than in November 2010, totaling $76.7 billion, according to the Bureau of Transportation Statistics of the U.S. Department of Transportation
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