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The latest numbers from ACT Research’s For-Hire Trucking Index show that the supply and demand balance improved in July.
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If cars are selling so fast, as TV commercials say, why must we see those spots so often? asks Senior Contributing Editor Tom Berg.
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National average van freight rates fell for the fifth week in a row, dropping 6 cents to $2.18 per mile for the week ending in Aug. 11, according to the latest numbers from DAT Solutions.
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The Cass Truckload Linehaul Index for July indicates an increasing rate of acceleration for truckload linehaul pricing, posting the first double digit increase year over year since Cass began tracking it in 2005.
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What has Evan Lockridge learned in 20 years with HDT? He shares a list in his last column for the magazine – some about trucking and the economy, some not.
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Transportation provider Saia has posted a record second quarter earnings per share of $1.15, up from 68 cents a year ago.
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In its first earnings report since going public, U.S. Xpress reported substantial improvements in revenue, operating income, and operating ratio compared to a year earlier.
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Spot truckload rates declined again during the week ending July 28, as the overall number of loads posted on DAT load boards fell 4.2% and capacity increased 0.5%, but the spot freight market is still strong compared to historical averages.
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For its second quarter, XPO Logistics reported increased revenue, net income, adjusted EBITDA, and cash flow.
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Second-quarter profit for the Sweden-based truck and engine manufacturer Volvo Group rose 59% from a year ago.
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