Economic indicators rarely all tell the same story, but increasingly, they are pointing to an improving economy and light at the end of the tunnel for a trucking industry beleaguered by low freight rates.
Avery Vise, FTR vice president of trucking, explained why the forecaster believes we'll see a sluggish freight economy for the near future.
DAT Analytics reports a good November for truckload freight volumes driven by a post-Thanksgiving surge.
While 2022 was a challenging year for trucking, there was still growth in revenue, tonnage, employment, and other areas. In mid-2023, a number of data points appear to indicate that the current freight cycle is bottoming out. How fast it will head back up is another question.
The latest release of ACT’s For-Hire Trucking Index shows continued improvement in freight volumes, pricing, and driver availability. This month’s reading still shows a gradually improving volume trend.
Truckload freight volumes fell last month and national benchmark spot rates for dry van and refrigerated loads retreated from their gains in June, reported DAT Freight & Analytics.
With longtime trucking giant Yellow shutting down and reported to be planning to file for bankruptcy, what is the impact on the trucking industry, in particular LTL?
There are only so many square feet of floor space in a trailer, and some cargo just doesn’t take kindly to double-stacking. But there’s an easy way to double your floor space, as HDT's Jim Park learns in this conversation with Kinedyne’s Joe Vergeldedios.
Several leading industry reports point toward a freight cycle that has hit bottom or will soon. DAT reports its June numbers indicate the spot rate bottom has already happened.
Truckload freight volumes and spot rates held firm in June, while contract rates fell to their lowest points in almost two years, said DAT Freight & Analytics.
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