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FTR's Trucking Conditions Index reading of 9.52 in August is a full point improvement from the July reading.
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Freight costs continued to rise in September, showing the largest month-to-month increase since March, but it's not due to a raise in rates. Meanwhile, North American shipment volumes also rose for the second month in a row, according to the Cass Freight Index.
Read More →A more than two-year streak in U.S. auto sale gains came to an end in September, but don’t read too much into the decline, say analysts. Early estimates show new sales fell 4% in September compared to the same time a year ago, to a little more than 1.1 million vehicles.
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Florida Gov. Rick Scott and members of the Florida Cabinet have approved $150 million in bond proceeds to finance projects at Florida ports through the Seaport Investment Program
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DAT overall spot market load availability increased 2.3% September 15-21, compared to the previous seven days. This follows earlier released figures showing August was down 1.8% from the month before but was up 16% compared to the same time a year ago.
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Growth for the nation’s economy picked up dramatically in the second quarter of the year with the gross domestic product increasing at an annual rate of 2.5%.
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There could be a lot more freight for trucking to move in the future from the nation’s manufacturing sector.
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The American Trucking Associations' advanced seasonally adjusted For-Hire Truck Tonnage Index increased 1.4% in August after falling 0.6% in July. The latest gain was the largest since May.
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ANAHEIM -- The trucking industry is looking at a severe capacity crunch in coming years with a variety of factors contributing to the situation, according to Bob Costello, chief economist of the American Trucking Associations.
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Containerized cargo volume at the Port of Long Beach surged 16% in August compared to the same month a year ago, with double-digit percentage gains in both imports and exports.
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