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FTR’s Trucking Conditions Index for February hit its highest reading ever, reflecting an unmatched positive environment for carriers.
Read More →Newly released figures on the health of the North American freight marketplace as well as on U.S. truckload linehaul and intermodal rates show all are at or near record highs.
Read More →Early reports from FTR on trailer order activity for March show that while orders declined by 16% from the month before, they remain historically strong.
Read More →While consumer prices declined for the first time in 10 months during March, there is increasing evidence that inflation is picking up at both the retail and wholesale levels.
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The number of U.S. non-farm jobs added in March moderated while trucking added the most jobs in recent memory, according to a new Labor Department report.
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Employers continued adding a high-number of non-farm jobs in March while U.S. factory orders increased broadly in February, but the rebound was less than expected, according to two new reports.
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Trucks moved freight valued at $60.6 billion between the U.S. and its North American neighbors Canada and Mexico in January, up 10.2% compared to January 2017, according to newly released Transportation Department figures.
Read More →Economic activity in the nation’s manufacturing sector remained solid during March, while construction spending was nearly unchanged in February. The latest reports show the nation’s overall economic health was stronger in the final quarter of last year than earlier indications.
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The number of loads on the spot truckload freight market jumped 3.6% during the week ending March 24 while truck capacity increased 1.3%, according to DAT Solutions.
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Jonathan Randall, Mack senior vice president, worries about who will drive all the trucks his company is building today.
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