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The amount of freight carried by the nation’s for-hire transportation industry rose 1.2% in November from October, rebounding from a one-month decline to reach its highest all-time level, according to a new U.S. Department of Transportation report.
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Consumer spending during December posted its biggest drop since September 2009, according to a new U.S. Commerce Department report on Monday.
Read More →Crude oil prices are moving higher amid concerns that low prices have led to too many crude production cuts.
Read More →Shifting populations in the U.S. could mean a change where you deliver freight, finds Business Contributing Editor Evan Lockridge.
Read More →The parent to Volvo Trucks North America, Sweden’s Volvo Group, saw its second quarter net income double from a year ago, due in part to increased North American sales.
Read More →Trailer aerodynamic devices work, but how well depends on the products and users’ operating conditions, says the latest Confidence Report from the North American Council for Freight Efficiency.
Read More →Load-to-truck ratios on the spot truckload freight market got a bump during the week ending Jan. 30, possibly due to pent-up demand after the previous week’s storms, but that failed to materialize into better freight rates which were also down for the entire month.
Read More →Despite the nation’s gross domestic product in the first quarter of the year moving higher than first thought, growth remains at its lowest level since the first quarter of 2015, according to a Commerce Department report released Friday. Yet a separate survey shows this has yet to damper consumers’ feelings.
Read More →As more trucking companies report third quarter earnings, most are showing profits are down from the same time a year ago – but there are a few exceptions.
Read More →There was a sense of optimism in the air at the Mid-America Trucking Show in Louisville, Kentucky, last week. As truck makers and suppliers made their presentations to the trucking press, many said thanks to solid economic indicators, truck orders are higher than they would have predicted just three to six months ago.
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