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While national average rates for vans and refrigerated rates dipped slightly, spot market capacity and demand on the DAT network of load boards remained seasonally elevated during the week ending Oct. 19.
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The logistics security services company, FreightWatch International, reports in the third quarter of the year it recorded a total of 231 thefts in the United States, the same amount as a year ago, but the value of each theft averaged less.
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The American Trucking Associations just released For-Hire Truck Tonnage Index increased 1.4% in September from the month before, matching the August gain.
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A strike by members of the International Longshoremen’s Association continues for a third day at the Port of Baltimore, crippling freight operations.
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Activity at the Port of Baltimore started returning to normal Friday afternoon after an arbitrator's ruling put striking workers back on the job. An arbitrator ruled Friday afternoon the strike by the ILA violated a “no-strike” clause in a national master contract the union signed off on earlier in the year.
Read More →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.
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The amount of freight carried by the for-hire transportation industry in the U.S. rose 0.4% in August from July, rising for the second consecutive month to reach the second highest level in the history of the Bureau of Transportation Statistics’ Freight Transportation Services Index which goes back to 2000.
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Intermodal rail traffic in the U.S. during September hit the second-highest weekly average of any month on record, according to new figures from the Association of American Railroads.
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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