Transportation U.S. truck tonnage up to start 2020 March 24, 2020 ARLINGTON, Va. – U.S. for-hire truck tonnage went into the Covid-19 pandemic crisis in good shape. The American Trucking Associations (ATA) reported U.S. for-hire truck tonnage rose 1.8% in February,…
Supply Chain Plant shutdowns could impact freight demand, supplies March 18, 2020 TORONTO, Ont. – Automotive manufacturers and their suppliers have begun temporarily closing North American plants in response to the Covid-19 pandemic. On Wednesday, Goodyear Tire & Rubber Company announced…
Business Management ECONOMIC WATCH: U.S. Bank freight index ends 2019 on soft note January 23, 2020 MINNEAPOLIS, Minn. – Overall freight shipment volumes and spending by U.S. shippers finished 2019 up 3.4% year-over-year, according to the U.S. Bank Freight Payment Index. But the index ended the…
Transportation ECONOMIC WATCH: 2019 truck tonnage choppy but positive January 21, 2020 ARLINGTON, Va. – U.S. for-hire truck tonnage ended 2019 up 3.3% for the year, and saw a 4% increase in December from November levels. The full-year tonnage results marked the…
Transportation No sugar-coating November truck tonnage: ATA December 23, 2019 ARLINGTON, Va. – U.S. for-hire truck tonnage dropped 3.5% in November, according to the latest data from the American Trucking Associations (ATA). “It’s tough to sugar-coat November’s reading,” said ATA…
Business Management Shippers continue to enjoy positive conditions December 19, 2019 BLOOMINGTON, Ind. – U.S. shippers continued to enjoy positive conditions in October, with an FTR Shippers Conditions Index reading of 6.4. The index was virtually unchanged from September, FTR reported.
Transportation Trucking conditions improved slightly in October: FTR December 10, 2019 BLOOMINGTON, Ind. – Trucking conditions in the U.S. improved in October, but remained in negative territory, according to FTR’s Trucking Conditions Index. Freight demand drove the improvement, with housing numbers…
Business Management Shippers continue to enjoy favorable conditions: FTR November 21, 2019 BLOOMINGTON, Ind. – Conditions in the U.S. continued to favor shippers in September. FTR’s Shippers Conditions Index remained in positive territory at a 6.4 reading. While fuel pricing rose, freight…
Business Management U.S. truck tonnage slid in October November 20, 2019 ARLINGTON, Va. – U.S. for-hire truck tonnage slipped 0.3% in October, according to the latest data from the American Trucking Associations (ATA). That comes on the heels of a 1%…
Business Management Trucking conditions weaken November 18, 2019 BLOOMINGTON, Ind. – Trucking conditions further deteriorated in September, with the FTR Trucking Conditions Index reaching its lowest reading since May. The reading of -2.94 reflects a relatively weak environment…
Business Management Consumers driving U.S. economy, as business investment stalls: FTR November 14, 2019 BLOOMINGTON, Ind. – Business investment has dried up due to uncertainty over trade tensions, but consumer spending remains strong and has kept the U.S. economy moving forward. Consumer spending is…
Business Management Rates remain under pressure: ACT November 12, 2019 COLUMBUS, Ind. – ACT Research reports contract truckload rates fell to US$2.28 per mile in the third quarter, down 2% year-over-year. In its ACT Freight Forecast, U.S. Rate and Volume…
Transportation U.S. truck tonnage steady in September October 22, 2019 ARLINGTON, Va. – For-hire truck tonnage rose 0.2% in September, after a 4% decline in August. The American Trucking Associations (ATA) noted its index tracks contract freight, which is holding…
Business Management Trucking environment ‘mediocre’ for carriers: FTR October 11, 2019 BLOOMINGTON, Ind. – The environment for carriers was “mediocre” in August, according to FTR’s latest Trucking Conditions Index (TCI). Active truck utilization edged down to 87.4%, and is expected to…
Business Management Spot market pressures to persist: ACT October 10, 2019 COLUMBUS, Ind. – Spot market pressure is expected to persist, as more trucking capacity comes online, according to ACT Research’s Freight Forecast. The industry forecaster said it expects excess capacity…
