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The total amount of general cargo at the port’s public marine terminals reached 9.6 million tons, matching last year’s record.
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The amount of freight carried by the nation’s for-hire transportation industry rose 1.2% in February from January, rising after two consecutive monthly declines.
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Spot market freight rates for flatbed loads continue soaring, despite a decline in the amount of overall freight, according to new figures released by the freight matching service provider DAT.
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March freight shipment volume in the U.S. increased 6.6% over the prior month, on top of the 7.3% rise seen in February, according to the just released Cass Freight Index.
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A new report shows business conditions in the trucking industry remain positive, despite a slight downturn, amid warnings of a possible capacity shortage.
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Rates on the spot market keep heading higher, with all three major sectors posting increases, according to the freight matching service provider DAT.
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New figures show biggest driver of the U.S. economy increased last month while the overall economy grew more than estimated a month ago.
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Rates on the spot market have recovered after generally moving lower a week earlier, according to new figures released from the freight matching service provider DAT.
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This happened as total load volume on the spot market increased 7.2% with truck capacity up by 6.4%.
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