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The amount of North America freight shipments and freight spending remain below levels from a year ago despite monthly gains, according to the latest Cass Freight Index report, and there is a concern conditions could get worse.
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The amount of freight moved by the nation’s entire for-hire transportation industry declined for the second straight month in March, hitting its lowest level since March 2014, according to U.S. Transportation Department figures released on Wednesday.
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Intermodal volume in the first quarter of 2016 increased, underscoring the segment's core strengths despite other indicators, according to the Intermodal Association of North America’s latest report.
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For many trucking companies business has slowed, and recent numbers bear this out, both in first-quarter earnings reports as well as in broader statistics.
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Transportation management company Logistic Dynamics, Inc., has partnered with asset tracking provider MacroPoint to offer freight tracking for shippers, brokers, third-party logistics companies and carriers.
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After a surge in February, the American Trucking Associations' For-Hire Truck Tonnage Index decreased in March, taking away about half of the gains made the month before.
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A measure of truckload linehaul rates moved lower last month compared to a year earlier for the first time since May 2010 as intermodal freight rates continued their downward slide.
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Growth in freight shipments slowed in March, according to the latest Cass Freight Index Report, while freight spending turned negative – but a longer-term view of cargo movements and the overall economy appears at least somewhat brighter.
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YRC Freight is offering a new accelerated service with shipment times that are one or two days faster than standard shipment times.
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LOUISVILLE, KY -- The U.S. economy is "nowhere near” slipping into recession. But the economy is sending mixed signals, so what's going to happen to freight demand over the next several months? FTR's Eric Starks shared his insights at the MATS Fleet Forum Wednesday.
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