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The October FTR index fell by more than three points from September to a reading of 5.06, in line with previous predications from FTR.
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Rates on the spot truckload market may finally be showing signs of rebounding as a 45% increase in the number of available loads greatly outweighed the 12% hike in truck capacity last week.
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A measure of the amount of freight moved by for-hire transportation in the U.S. rebounded following a one-month decline, according to new U.S. Transportation Department figures.
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Vigillo has announced that Carrier Select, the company’s carrier selection tool for freight brokers, shippers and insurance providers, will continue to provide CSA scores that its carrier customers can opt-in to share.
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American Trucking Associations seasonally adjusted For-Hire Truck Tonnage Index increased 1.9% in October following a slight decrease in September.
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A report on Class 8 freight volumes issued by ACT Research dovetails with other analysis released this week that signals motor carriers are starting to feel the effect of a slowdown in both import/export activity and in domestic manufacturing levels.
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The FTR Trucking Conditions Index declined from the previous month’s number to a reading of 8.46 in September. The reading in August was the highest of 2015 so far.
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Despite month-to-month variations, third quarter intermodal freight traffic growth of 3.4% was in line with year-to-date results, according to new figures from the Intermodal Association of North America (IANA).
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The value of freight moved between the U.S. and its neighbors Canada and Mexico fell in August, totaling $92.4 billion, thanks largely to the drop in fuel and oil prices moved by pipeline and vessel.
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TranSolutions has released the CarrierClaim software system for managing cargo claims of freight carriers.
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