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Rates on one of the nation’s largest spot freight markets are fairly stable amid lower freight levels.
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The U.S. Department of Agriculture’s Animal and Plant Health Inspection Service has announced proposed changes to the fees it charges to recoup costs for conducting agricultural quarantine inspections at U.S. ports of entry.
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Two of five transportation modes, truck and pipeline, carried more U.S.-North American Free Trade Agreement freight in February 2014 than compared to the same time a year earlier, according to new U.S. Transportation Department figures.
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Spot market freight rates have recovered somewhat after declining across the board last week, according to new numbers from the freight matching service provider DAT.
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The American Trucking Associations’ advanced seasonally adjusted For-Hire Truck Tonnage Index increased 0.6% in March, after jumping 1.9% the previous month, according to just released figures.
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Truckload linehaul rates spiked in March, with the Cass Truckload Linehaul Index surpassing the 120 mark, showing a 6% year-over-year increase.
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The Missouri Department of Transportation has launched the next phase of the Missouri Freight Plan to engage business and local leaders, along with freight and industry stakeholders, in a discussion regarding funding of Missouri's freight infrastructure.
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Container shipping company Hapag-Lloyd AG and Compañía Sud Americana de Vapores, also known as CSAV, have signed a binding contract on merging CSAV’s entire container business with Hapag-Lloyd.
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Following several weeks of increases spot market freight rates and the number of loads available have fallen over the past week, according to the freight matching service provider DAT.
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In a year of a record amount of freight on the spot market, March was no exception with freight availability increasing 56% in March compared to the same time a year ago, according to the DAT North American Index.
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