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American Trucking Associations’ For-Hire Truck Tonnage Index decreased in the month of April, indicating a soft freight environment.
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FTR's Trucking Conditions Index fell by nearly 50% in March as a weak economy during the first quarter of 2016 negatively impacted the freight market.
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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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