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In September, the national average for spot market rates rose two percent for both dry vans and refrigerated ("reefer") vans compared to August. Flatbed rates remained stable, month-over-month. Rates appear to be following a more traditional seasonal trend
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The recently released 18th Annual Survey of Third-Party Logistics Providers revealed logistics companies experienced improved economic conditions in 2010. Nearly 90 percent of companies surveyed in North America met or exceeded revenue projections compared with only 50 percent in 2009
Read More →TransCore's second annual Carrier Benchmark Survey shows that to date in 2011, carriers' monthly revenue was on average $1,607, or 10%, higher per truck than in 2010
Read More →Performance was mixed in China's commercial vehicle market during Q2'11. Sales of medium-duty trucks was strong, while the heavy-duty sector languished
Read More →Trade using surface transportation between the U.S., Canada and Mexico was 18.1% higher in July 2011 than in July 2010, totaling $72.4 billion, according to the Bureau of Transportation Statistics
Read More →Two new reports from ACT Research indicate that trailer shipments were strong in August (although increasing cancellations are a concern), while the used truck market is challenged by a lack of inventory
Read More →FTR Associates' Shippers Condition Index edged lower in July to a current reading of -3.8, meaning conditions were favorable for higher rates for truckers
Read More →Only 45% of the carrier executives responding to a new survey expect volume increases in the next 12 months, compared with 80% in May
Read More →Commercial vehicle orders held up reasonably well in August, despite a proliferation of bad news about the economy that led to a meaningful collapse in consumer confidence
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Stifel, Nicolaus & Company, an equity research firm, predicted a good future for the freight transportation industry, despite the bad economy, in its Transportation and Logistics Outlook for 2011 and Beyond
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