Keyword
freight
-
Trucking conditions have never been better: FTR
BLOOMINGTON, Ind. – Trucking conditions have never been better, according to the latest FTR Trucking Conditions Index. The February index reached its highest reading since it was developed in 1992. The Truck Loading Index is expected to grow 4-6% year-over-year…
-
Canadian Class 8 orders up 259% y-o-y in January
COLUMBUS, Ind. – January Class 8 truck orders were up 121% year-over-year, marking their second-best level in history, according to ACT Research. North American Class 8 orders totaled 49,100-plus units. “The only month in history better than January was a…
-
U.S. trucking conditions improving
BLOOMINGTON, Ind. – U.S. trucking conditions remained positive in July as capacity tightened, according to the latest FTR Trucking Conditions Index. Spot rates rose and the impact of an impending electronic logging device (ELD) mandate is beginning to be felt.…
-
U.S. trucking conditions deteriorated in June: FTR
BLOOMINGTON, Ind. – Trucking conditions in the U.S. fell more than two points in June, according to the latest FTR Trucking Conditions Index (TCI). The lower reading of 4.54 reflects higher costs for labor, fuel, and purchased transport, according to…
-
U.S. trucking conditions remain favorable: FTR
BLOOMINGTON, Ind. – Trucking conditions in the U.S. were unchanged in May, with a positive reading of 7.01 for truckers, according to the FTR Trucking Conditions Index. The index tracks six major conditions in the U.S. trucking market: freight volumes,…
-
U.S. truck tonnage slips in June
ARLINGTON, Va. – For-hire truck tonnage in the U.S. slid 4.3% in June, according to the latest data from the American Trucking Associations (ATA). The loss comes on the heels of a 6.9% gain in May, and is 1.3% stronger…
-
ACT Research pricing index remains positive for fleets
COLUMBUS, Ind. – ACT Research says its April pricing index reflects seven consecutive months of positive readings. Though April’s ACT For-Hire Trucking Index reading showed slower growth following the previous month’s three-year high, it continues to show a clear acceleration…
-
US trucking conditions poised for upswing: FTR
BLOOMINGTON, Ind. – Trucking conditions in the US deteriorated in March, but rising spot market freight rates suggest capacity may be tightening. The latest FTR Trucking Conditions Index (TCI) fell to a reading of 2.97 in March, after an upturn…
-
Trucking conditions to get better from here: FTR
BLOOMINGTON, Ind. – Trucking conditions in the US remained unchanged in January, but will improve later this year, according to the latest FTR Trucking Conditions Index. The January reading of 2.7 was virtually unchanged from December, but FTR is projecting…
-
US trucking moved more than 10 billion tons of freight last year
ARLINGTON, Va. — The US trucking industry hauled a record US$726.4 billion in freight last year, according to the latest edition of American Truck Trends, compiled by the American Trucking Associations (ATA). That marks two consecutive year that the value…
-
Quebec to invest in industrial ports
MONTREAL, Que. — The government of Quebec has announced it will invest $300 million into the development of industrial ports in the province. The announcement was lauded by the Montreal Port Authority (MPA), which hopes to take advantage of the…
-
Meet Elias
The entrepreneur who founded a trucking company, survived the Great Recession and carved out a niche – all before turning 30
-
It’s the “calm before the storm” for US trucking: FTR
BLOOMINGTON, Ind. — Current US trucking market conditions could be the calm before next year’s storm, which could see capacity either drastically decreased by an onslaught of productivity-choking new safety regulations or increased due to recession. That’s the message from…
-
US trucking conditions still positive, but shippers pushing back on rates: FTR
BLOOMINGTON, Ind. — Trucking conditions in the US remained in “modestly positive territory” in February, as measured by the FTR Trucking Conditions Index. The reading of 7.4 reflected a softening capacity utilization thanks to the hours-of-service suspension, as well as…
-
Target to pull out of Canada, file for creditor protection
TORONTO, Ont. — Target has announced it is winding down its Canadian operations and filing for creditor protection in Canada. The news stunned the retail world. In a blog post, Brian Cornell, Target chairman and CEO, explained the move. “Target…
