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FTR's Trucking Conditions Index for May at 12.4 is unchanged from the previous month, continuing to reflect a positive environment for trucking -- one that, combined with the new hours of service regulations restricting capacity, should result in some higher rates.
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Rates on one of the nation’s largest spot freight markets improved the first part of July after trending downward most of last month. DAT reports from June 30 through July 6 the average rate for van and flatbeds moved 3.2% higher, compared to the previous seven days.
Read More →A new Transport Capital Partners survey shows better expectations among trucking company executives when it comes to rates and freight volume. TCP says this breaks a three-year trend of lowering expectations for volume growth in the second quarter. More carriers expect volumes for the second quarter to hold steady.
Read More →The increased rate provides for a nominal increase in intrastate, interstate and cross-border lane charges. The new rate will also offset the rising costs of new equipment and insurance, while preserving competitive wages and benefits for employees.
Read More →New research shows that freight rail rates have skyrocketed over the past decade following dramatic consolidation in the railroad industry.
Read More →Leaders from about 160 Teamster locals that represent ABF members have unanimously endorsed a tentative master agreement and supplements covering 7,500 workers at the carrier ABF.
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