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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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Led by strong regional demand, spot truckload rates rose across all three equipment types during the week ending March 19, hitting their highest levels in at least a month, according to DAT Solutions and its network of load boards.
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American Trucking Associations’ For-Hire Truck Tonnage Index rose by 7.2% in February, hitting an all-time high reading of 144.
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The Trucking Conditions Index measure fell to a reading of 9.05 for January, indicating slowing growth patterns for truck freight.
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The number of North American freight shipments and the amount of expenditures both posted strong increases in February from the month before, according to newly released Cass Freight Index figures.
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The American Trucking Associations’ seasonally adjusted For-Hire Truck Tonnage Index fell 1.4% in January following a flat December reading.
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FTR is forecasting stable trucking conditions for 2016 after its Trucking Conditions Index rose more than two points in December to a reading of 10.88.
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The number of freight shipments and the dollars spent on freight declined again in January as part of a seasonal trend. However, that's not necessarily a sign of further weakening for the overall economy, according the latest Cass Freight Index report.
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Driver wage increases may be limited by slowdown in freight in the fourth quarter of 2015, according to a carrier survey by Transport Capital Partners.
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