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The amount of freight carried by the for-hire transportation industry rose 0.4% in April from March, increasing for the third consecutive month, according to the U.S. Department of Transportation’s Freight Transportation Services Index released Wednesday.
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North American freight shipments and expenditures continued to buck the historic trend and increased again in May, according to the latest Cass Freight Index.
Read More →The StarShip tractor-trailer will get mpg that's "better than anyone else," but the former owner-operator, whose work with aerodynamics goes back to the 80s, is not announcing a target number.
Read More →New orders for factory-made goods continue to disappoint, falling 0.4% in April from the month before and marking the eighth decline in the last nine months.
Read More →Consumers are feeling better than they were before and are spending more money because they are taking home larger paychecks, according two new reports. That bodes well for truck freight.
Read More →While the U.S. trade deficit increased to a six-month high in February, U.S. exports seem to finally be turning around for the better. Meanwhile, the nation’s service sector improved again last month, and a final report on manufacturing offers hope for this freight-significant indicator.
Read More →While final economic numbers for 2017 have yet to roll in, economic growth was strong. Will it keep moving higher into the New Year? Analysis by Business Contributing Editor Evan Lockridge.
Read More →Federal government expectations for diesel and gasoline prices for this year have been revised significantly lower, as oil is expected to continue to sell for far less that it was in mid-2014.
Read More →The parent to less-than-truckload carrier ABF Freight moved into the red in the first quarter of the year, according to its earnings report released Friday, as many other companies are also reporting weaker performances compared to a year ago
Read More →NACFE offers an updated 6x2 Confidence Raport that reflects the lessons learned over the past 14 years. It also address advancing technology and how such improvements make 6x2 a more viable consideration than previous generations of the technology.
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