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The amount of freight carried by the for-hire transportation industry was unchanged in May from April, after a one-month rise, according to the Freight Transportation Services Index from the DOT's Bureau of Transportation Statistics
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Freight shipments and payments were both up in September, in line with the expected seasonal rise. But according to the Cass Freight Index, other key economic measures do not indicate that this is the beginning of a trend
Read More →The single most important factor that brought down the trucking industry’s fortunes was energy cost, and those fortunes won’t change until fuel prices decline, says Freightliner CEO Jim Hebe
Read More →New numbers released Tuesday by the U.S. Commerce Department show factory orders in the United States increased the most in nearly a year
Read More →More than 75% of the fleets polled by CK Marketing & Communications this month, indicated that they plan to purchase both power units and trailer
Read More →During his first address as chairman of the Heavy Duty Manufacturers Association (HDMA) board of directors, Joe McAleese, president and CEO of Bendix Commercial Vehicle Systems, encouraged members to be in a position to adapt
Read More →Employment in the United States took an unexpected jump in February, the first gain since July and the largest in a year
Read More →First quarter profits were down 34.3% from the previous quarter for the 31 carriers that have now reported financial results for the January - March period. After three quarters of strong gains, profits have dipped
Read More →Orders for durable goods continue to disappoint, but shipments and new home sales are looking good
Read More →Truckload carriers continue to expand sales faster than less-than-truckload carriers, even though they are getting less than half of the freight rate increases realized by LTL carriers. But TL profits are lagging because their business model
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