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The American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index decreased 5.6% in August, a 1.4% drop from July.
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COVID-19 brought on the worst recession in U.S. history, but the recovery is underway and economic conditions should return to pre-COVID levels by late next year.
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According to DAT Freight & Analytics, August’s spot truckload rates almost set an all-time high, with spot van, refrigerated and flatbed rates higher month over month and load-to-truck ratios increasing at the end of summer.
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According to FTR, preliminary U.S. trailer orders for August increased 49% since July to 28,700 units, the biggest jump since October 2019.
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The North American Council for Freight Efficiency (NACFE) has revised its Tractor Aerodynamic Devices and Trailer Aerodynamic Devices confidence reports. Originally published in 2016, several equipment developments led NACFE to revise the reports.
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Although FTR’s Trucking Conditions Index for July was down approximately 25% from June’s 11.35 reading, trucking conditions continue to remain favorable for carriers as the recovery continues across the country.
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With the recent addition of the fed's Drug and Alcohol Clearinghouse, the industry is now, more than ever, in need of data concerning the safety of its drivers and the environment in which they work.
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This year's Fact Book stats on drivers gives readers a snapshot of the wages, characteristics and turnover rates.
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Since fuel savings cover more than just costs and consumption, we decided to rename the Fuel section in this year's Fact Book to give it a broader range of topics to cover.
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The American Transportation Research Institute recently launched its annual Top Industry Issues Survey, which asks the industry shareholders to rank the top issues of concern, as well as potential strategies for addressing each issue.
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