Management from Landstar System said Tuesday that truckload rates appear to have stabilized and may be recovering. It reported weaker-than-normal volumes for July but said increases in revenue per load...
Knight-Swift Transportation Holdings continues to expand its LTL services with today's announcement of the acquisition of Dependable Highway Express from Dependable Supply Chain Services.A statement on Linkedin said the company...
A gallon of diesel now costs 35.9 cents less on average than it did at this time in 2023. (Bim/Getty Images) The national average diesel price dropped 1.1 cents to...
Overview Almost all economic indicators for June are now in, and except for home sales, economic indicators were stronger m/m. As noted last week, even the flat performance in retail...
According to the USDA, net farm income is expected to drop by 25.5 % from 2023’s forecast of $155 billion to $116 billion in 2024 – nearly $40 billion. Decreasing...
On Tuesday, we covered three international shipping news stories affecting shippers. Among them was the Federal Maritime Commission’s (FMC’s) publication of a new rule concerning ocean freight carriers’ unreasonable refusal...
Chart of the Week: National Truckload Index (less estimated fuel cost above $1.20/gal), Van Contract Base Rate per Mile Initial Report – USA SONAR: NTIL12.USA, VCRPM1.USA The average long-term (contract) rate for dry...
The American Trucking Associations Friday, July 26, commended the Senate Appropriations Committee for voting to advance the transportation funding bill with provisions that would support the trucking industry and professional...
An International LT Series tractor-trailer on the highway. (Traton) Traton’s profits rose in the second quarter of 2024 as higher prices and South American demand trumped a slump in truck...
Signs point to US truckload revival in 2025: Knight-SwiftThe return of seasonality, tender rejections and an end to discounting all hint at a coming uptick in truckload demand in the...
