The freight transportation economy posts strong gain in Q2
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...
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...
Overview Inflation was quite tame at both the consumer and producer levels in June as overall consumer prices actually declined m/m for the first time since May 2020. Relief for...
Commercial vehicle inspectors put 570 commercial motor vehicles out of service for brake-related violations during the Commercial Motor Vehicle Safety Alliance’s annual unannounced Brake Safety Day on June 10. This...
What’s happening in international shipping right now? Here are three news stories currently affecting imports and exports. Plus, there’s a bonus ILA Strike threat summary at the end. 1. Russia...