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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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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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Workers are suddenly in demand. But what happens if companies can't find or afford the people they need to get work done and freight moved?
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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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“Business has been really good for everyone this year. Everyone has all the freight they can handle. So what do you do with that?” That’s the question McLeod Software President Tom McLeod posed to a crowd of customers in opening remarks at McLeod’s 2018 User Conference in Birmingham, Alabama.
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Trucking capacity appears to be catching up to strong demand in ACT Research’s latest for-hire trucking index covering the month of August.
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Over the next ten years, ATA's Freight Forecast projects that tonnage transported will grow from 16 billion tons in 2018 to 21.7 billion tons by 2029.
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GenNext, a non-profit organization that mentors and recruits up and coming heavy-duty aftermarket leaders, is hosting a webinar examining the future of the trucking aftermarket.
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