After a May increase, North American truck tonnage fell in June, according to the American Trucking Associations.
Avery Vise, FTR vice president of trucking, explained why the forecaster believes we'll see a sluggish freight economy for the near future.
The economy was the top trucking industry concern in the 19th annual Top Industry Issues Survey by the American Transportation Research Institute. And for the first time, zero-emission vehicles made the Top 10 list.
ACT Research announced that David Teolis, former deputy chief economist, international markets, FX and commodities for General Motors Company, has joined the firm in the position of chief economist.
When we drilled into third-quarter GDP to look at the segments of the economy linked to freight demand, the results far exceeded our forecast.
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.
Discover how low viscosity engine oils can improve your fleet’s overall fuel economy and productivity.
The global shutdowns caused by the COVID-19 pandemic continue to wreak havoc in economic forecasting.
The American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index only decreased 1% in May to 106.1 after falling 10.3% in April to 107.2.
March’s Trucking Conditions Index (TCI) of -8.69 is just the start for industry, according to FTR, which predicts it will lead to the worst quarter on record.
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