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Although North American freight shipments continued to climb in May, they are still well below those of the last several years, and expenditures for freight fell for the third time in five months, according to the latest Cass Freight Index Report.
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We asked leading fleet maintenance managers and the North American Council for Freight Efficiency for tips on how preventive maintenance can help improve fuel economy.
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The American Transportation Research Institute, in conjunction with the University of Michigan Transportation Research Institute and ExxonMobil, has launched an online survey seeking the input of heavy-duty truck fleet managers on fuel economy and fuel usage.
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As part of a broad-reaching clean air program, California has proposed a low-NOx engine standard for heavy trucks. Truck and engine makers have said in the past that striving for low NOx in diesels could conflict with federal efforts to reduce greenhouse gas emissions by increasing fuel economy.
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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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One of the biggest drivers of the American economy is showing renewed signs of life as consumers seem to be more upbeat following a sluggish first quarter. However, an economic drag on trucking remains stubbornly high as prices at the wholesale level turned slightly higher.
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Loose capacity and a sluggish economy in the first quarter helped drive down earnings for Roadrunner, XPO and USA Truck.
Read More →Feelings that the American economy slowed to a crawl in the first quarter of the year were confirmed on Thursday morning when the Commerce Department released its report showing the gross domestic product increased at an annual rate of just 0.5%.
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Fuel economy and ease of driving push customers into buying automatic or automated products.
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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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