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Volume plummeted 27% compared to the same time in 2014. It was the first year-over-year decline in 19 months for the index that measures spot truckload freight demand and capacity.
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The latest reading on freight movements in the U.S. shows the amount carried by the for-hire transportation industry was virtually unchanged in December from November, failing to rise after five consecutive months of increases, according to the U.S. Department of Transportation.
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A measure of the amount of freight moved by the nation’s entire for-hire transportation sector shows it rose 0.8% in November from the month before, the fifth consecutive monthly increase.
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ComFreight is expanding its Rate Index Tool which allows trucking and logistics companies to check what the average rate is for given lanes in the trucking market.
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The U.S. Transportation Department’s Freight Transportation Services Index rose 0.3% in October from September, the fourth consecutive month-over-month gain, hitting an all-time high.
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The U.S. Department of Transportation is calling its Transportation Services Indexes, especially the freight index, leading indicators of economic cycles.
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A measure of how much freight is moved by the nation’s for-hire transportation industry hit a record high in September with a 0.3% increase from the month before, according to a new U.S. Transportation Department report.
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The U.S. Transportation Department’s Freight Transportation Services Index, which is based on the amount of freight carried by the for-hire transportation industry, rose 0.6% in August from July, rising for the second consecutive month.
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A measure of the amount of freight carried by the nation’s for hire transportation industry increased 0.9% in July following a one-month decline.
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The U.S. Transportation Department’s Freight Transportation Services Index declined 0.9% in June from May, falling after four consecutive monthly increases, according to numbers released Wednesday.
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