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The Freight Transportation Services Index rose 1 percent in October from its September level, rising after two consecutive monthly declines, reported the U.S. Department of Transportation's Bureau of Transportation Statistics
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Bibby Transportation Finance, a subsidiary of Bibby Financial Services, has provided $2.7 million in new credit facilities in June and July to help small- and medium-sized trucking companie
Read More →Some are seeing indications of economic recovery, but trucking, a traditional early indicator of the economy's direction, is still waiting for good news
Read More →"Total construction spending inched up in April, as nonresidential outlays shook off the plunge in homebuilding and sluggishness in gross domestic product (GDP)," Ken Simonson, chief economist for the Associated General Contractor
Read More →The Federal Reserve said industrial production was up 0.1 percent in March, with the manufacturing sector alone jumping 0.9 percent in the one-month period
Read More →Trade using surface transportation between the United States and its North American Free Trade Agreement (NAFTA) partners Canada and Mexico was 14.3 percent higher in April 2008 than in April 2007, reaching $74.3 billion, the highest monthly level ever recorded
Read More →The American Trucking Associations' advance seasonally adjusted For-Hire Truck Tonnage Index fell 2.2 percent in April, after plunging 4.5 percent in March
Read More →In November 2010, TransCore's market research shows a 72% increase in spot market freight availability, compared to November '09
Read More →FTR's Trucking Condition Index rose to 7.1 in December, the highest level yet recorded during the current recovery
Read More →Despite the fact that nearly 70 percent of transportation contractors received stimulus-funded contracts work this year, most transportation contractors are not optimistic about the economic conditions, and about 77 percent expect the construction market to drop in 2010
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