American Trucking Associations’ advanced seasonally adjusted For-Hire Truck Tonnage Index decreased 2.1% in September after rising 1.7% in August. In September, the index equaled 113.2 (2015=100) compared with 115.6 in August.“After increasing a...
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October 24, 2024, 05:44 AM
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Reuters reported that a port strike on the U.S. East Coast and Gulf of Mexico will go ahead starting on Tuesday, the International Longshoremen’s Association union said on Sunday.According to the Reuters report, a source said no negotiations were...
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September 30, 2024, 07:07 AM
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Recent data show declining equipment and load posts, in a sign of ongoing private fleet insourcing, according to the latest release of the Freight Forecast: Rate and Volume OUTLOOK report.“Even with more private fleet capacity in the spot market than...
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September 25, 2024, 06:51 AM
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Private fleet capacity additions, inbound insourcing, and increased spot market presence have dragged out the for-hire freight downturn for at least a year, according to the latest release of the Freight Forecast: U.S. Rate and Volume OUTLOOK...
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August 28, 2024, 06:22 AM
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Citizens served as the exclusive financial advisor to GHK Capital Partners LP, a middle-market private equity firm based in Greenwich, CT, on its acquisition of NY-based Horizon Group.Founded in 2018, GHK is a leading middle-market private equity...
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August 28, 2024, 06:00 AM
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The freight market continues to be characterized by overcapacity, and with private fleets engaging in spot activity more than in past cycles, spot rates remain only slightly above the late-2023 lows, according to the latest release of the Freight...
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July 22, 2024, 07:05 AM
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The latest release of ACT’s For-Hire Trucking Index suggests an approaching turning point in the freight cycle, but perhaps not as quickly as for-hire fleets would prefer.ACT For-Hire Trucking Index Supply-Demand Balance August 2023The Supply-Demand...
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September 28, 2023, 07:00 AM
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The American Trucking Associations released its annual look at the future of the freight economy – U.S. Freight Transportation Forecast 2021 to 2032 – showing a strong rebound and continued growth for freight demand this year and into the...
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December 29, 2021, 07:11 AM
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According to ACT Research’s latest release of the North American Commercial Vehicle OUTLOOK, the strength in new commercial vehicle demand is a direct result of strength in freight rates.According to Kenny Vieth, ACT’s President and Senior Analyst...
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December 11, 2020, 07:10 AM
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ACT Research released the September installment of the ACT Freight Forecast, U.S. Rate and Volume OUTLOOK report.Tim Denoyer, ACT Research’s Vice President and Senior Analyst, said, “The nearly two-year freight recession is finally ending, but the...
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September 11, 2020, 07:05 AM
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In the release of its Commercial Vehicle Dealer Digest, ACT Research reported that freight markets continue to be less impacted by the pandemic than the economy at large, and that a vaccine is seen as the key to unlocking a more broad-based recovery...
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August 31, 2020, 07:00 AM
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Deloitte analyzed strategic innovation among forward-thinking players across the global movement of goods ecosystem. From ocean shipping and ports, to logistics providers, transportation and retailers, it reveals three key pillars that will underpin...
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December 30, 2019, 06:59 AM
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American Trucking Associations' advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index increased 0.2% in September after falling 4% in August. In September, the index equaled 117.6 (2015=100) compared with 117.3 in August."This was the first...
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October 24, 2019, 07:15 AM
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The American Trucking Associations released its latest ATA Freight Transportation Forecast: 2019 to 2030, an annual projection of the state of the freight economy, showing continued growth in the industry.“America’s trucking industry, and the overall...
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August 26, 2019, 07:00 AM
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American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index increased 2% in January after falling 0.3% in December. In January, the index equaled 111.6 (2015=100), up from 109.4 in December. ATA recently revised the...
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February 21, 2018, 07:02 AM
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American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index fell for the first time since September, losing 5.7% in December. In December, the index equaled 142.9 (2000=100), down from 151.6 in November. For all of...
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January 24, 2018, 07:06 AM
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American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index jumped again in November, adding 2.3% in addition to the 3.9% jump during October. In November, the index equaled 151.8 (2000=100), up from 148.4 in...
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December 20, 2017, 07:05 AM
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The latest release of ACT’s For-Hire Trucking Index indicated that the freight index rose faster than the capacity index for the eleventh consecutive month, allowing the supply-demand balance to climb to the second highest reading ever recorded. “The...
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December 18, 2017, 07:05 AM
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American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index rose 3.3% in October, following a 1.9% decline during September. In October, the index equaled 147.6 (2000=100), up from 142.9 in September. Compared with...
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November 22, 2017, 07:05 AM
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U.S. Bank has launched a new barometer for assessing the nation's shipping industry. The U.S. Bank Freight Payment Index measures quantitative changes in shipment and spend activity, based on data from transactions processed through U.S. Bank Freight...
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October 20, 2017, 07:06 AM
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Despite the previously reported improvement in September’s heavy duty orders, even stronger production during the month weighed on backlogs, which contracted for a fifth consecutive month. “Backlogs typically decline in September. When we seasonally...
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October 19, 2017, 07:00 AM
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American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index jumped 7.1% in August, following a 0.5% gain during July. In August, the index equaled 149 (2000=100), up from 139.1 in July. Compared with August 2016...
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September 21, 2017, 07:08 AM
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The latest release of ACT’s For-Hire Trucking Index indicated that August’s freight volume reading advanced for the eighth consecutive month to 67.0, actual and seasonally adjusted. August’s freight reading represents an almost 10 point jump above...
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September 15, 2017, 07:00 AM
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American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index increased 0.1% in July, following a 4.4% drop during June. In July, the index equaled 138.5 (2000=100), up from 138.4 in June. Compared with July 2016, the...
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August 23, 2017, 07:00 AM
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The latest release of ACT’s For-Hire Trucking Index indicated that July’s volume reading advanced for the seventh consecutive month to 57.1. While down from June, the freight index was almost 20 points above the reading in the same month last year....
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August 18, 2017, 07:04 AM
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The American Trucking Associations released its latest forecast for the next decade of freight transportation, projecting continued growth for freight transportation overall and for the trucking industry. “As the U.S. population grows and the economy...
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July 20, 2017, 07:05 AM
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American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index fell 4.3% in June, following a 6.9% gain during May. In June, the index equaled 138.5 (2000=100), down from 144.7 in May. Compared with June 2016, the SA...
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July 19, 2017, 07:48 AM
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The turnover rate at U.S. truckload fleets rose slightly in the first quarter of 2017 while remaining at historically low levels."The slight uptick in turnover, despite weak freight volumes in the first quarter, may be indicative of a tightening in...
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July 05, 2017, 07:03 AM
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Trucker Path has secured $30 million debt financing from Flexible Funding with the participation of Silicon Valley Bank to scale its financial services offered to trucking companies.Trucker Path helps carriers find freight instantly and offers...
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June 20, 2017, 07:00 AM
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Container shipping companies have benefited from a modest increase in freight rates since the start of the year, but a sustainable recovery in the container market will only be achieved by reaching a viable supply/demand balance through capacity cuts...
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June 20, 2017, 06:47 AM
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Penske Truck Leasing announced it has entered into an agreement to acquire Richmond, Virginia-based Old Dominion Truck Leasing. Financial terms were not disclosed."Old Dominion Truck Leasing and Penske Truck Leasing customers will benefit from...
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June 15, 2017, 07:02 AM
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American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index slipped 2.5% in April, following a 1.1% decline during March. (March’s percentage decrease was slightly more than reported in a press release issued on...
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May 24, 2017, 07:05 AM
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American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index slipped 1% in March, following a 0.1% decline during February. (February’s percentage decrease was unchanged from our press release on March 21, 2017.) In...
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April 19, 2017, 07:00 AM
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The latest release of ACT’s For-Hire Trucking Index indicated that March’s volume reading soared to the highest level since March of 2014, to 71.1 points; this was twenty points above both the February and the twelve-month average readings. “Load...
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April 18, 2017, 07:00 AM
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American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index rose 2.9% in January, following a 4.3% decrease during December. (December’s index was revised up from our press release on January 24, 2017.) In January...
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February 23, 2017, 07:00 AM
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The latest release of ACT’s For-Hire Trucking Index showed the freight component of the index rising faster than the capacity component, boosting the spread to a level not seen since early 2014. The data suggests that the process of rebalancing...
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February 15, 2017, 07:05 AM
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FTR released preliminary Class 8 net orders for January at a solid 21,600 units, continuing the remarkably consistent trend that began in October. January 2017 Class 8 orders were 20% better than January 2016. After a steady decline in order rates...
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February 09, 2017, 07:10 AM
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American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index fell 6.2% in December, following a revised 8.4% jump during November. (November’s index was revised up slightly from our press release on December 20, 2016...
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January 25, 2017, 07:05 AM
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The DAT North American Freight Index rose 8 percent in December, capping off an extraordinarily strong month for spot truckload freight and six straight months of increased volume, said DAT Solutions, which operates the largest trucking load board...
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January 17, 2017, 08:04 AM
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American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index surged 8.2% in November, following a 0.3% drop during October. In November, the index equaled 142.4 (2000=100), up from 131.6 in October. The all-time high...
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December 21, 2016, 07:10 AM
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FTR’s Intermodal Competitive Index (ICI) rose again in September to a reading of 4.95. The updated September reading, in moderately favorable territory, reflects increased utilization rates in the over-the-road truck market and stabilizing fuel...
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November 22, 2016, 07:00 AM
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For the fourth time in the past five months the freight index rose faster than the capacity index, according to the most recent ACT For-Hire Trucking Index from ACT Research Co., LLC (ACT). While the changes remain small, the data suggest that excess...
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October 18, 2016, 07:00 AM
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The American Trucking Associations released the latest edition of its look into the future of freight transportation, U.S. Freight Transportation Forecast to 2027, showing growth in both overall freight volumes and in the amount of goods moved by...
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October 13, 2016, 07:00 AM
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American Trucking Associations’ Chief Economist Bob Costello said, the trucking industry has seen soft volumes in 2016 due to bloated inventories and a weak manufacturing environment. “The current cycle of larger than normal inventories has taken...
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October 03, 2016, 07:14 AM
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FTR’s Shippers Conditions Index (SCI) for July, showing a miniscule improvement from June, remains at a near neutral reading of -0.1. The index will continue to hover around equilibrium until early 2017 when steady increases in regulatory drag will...
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September 27, 2016, 07:15 AM
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American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index increased 5.7% in August, following a 2.1% decline during July. In August, the index equaled 141.8 (2000=100), up from 134.2 in July. The all-time high was...
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September 21, 2016, 07:00 AM
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For the third time in the past four months, the freight volume index is a nice change after last month’s worst-in-4-years print. The recent shift to positive in this metric since May suggests that if conditions are not exactly improving at this point...
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September 16, 2016, 07:11 AM
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FTR’s Shippers Conditions Index (SCI) for April rose marginally to a reading of 1.5, up from 0.4 in March. The new reading reflects improved market conditions for shippers as freight demand remains sluggish. The SCI is at its highest sustained...
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July 06, 2016, 07:09 AM
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American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index decreased 2.1% in April, following a 4.4% drop during March. In April, the index equaled 134.8 (2000=100), down from 137.6 in March. The all-time high was...
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May 25, 2016, 06:58 AM
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FTR’s Trucking Conditions Index (TCI) continued to soften in February due to a weakening of the freight environment early in 2016. The current reading at 8.27 reflects FTR’s forecast for a slowdown in truck loadings from an average of 4% thus far in...
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April 14, 2016, 07:21 AM
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Class 8 booked 18,078 net orders in February, down 42% year over year, while Classes 5-7 net orders were the highest since December 2014 at 22,316 units. These results were published in the latest State of the Industry report, recently released by...
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March 21, 2016, 07:05 AM
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FTR’s Trucking Conditions Index (TCI) measure for January begins to reflect slowing growth patterns for trucking transportation. According to FTR, with a reading of 9.05, the index fell from a recent high of 10.88 in December. FTR said current...
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March 16, 2016, 07:06 AM
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The arrival of Uber for trucking or mobile-based freight brokering is ushering in a new era in the North American trucking and freight logistics market. Currently, inefficiency plagues the freight movement and logistics market, with approximately 20...
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October 28, 2015, 07:26 AM
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According to GE Capital's Spring 2013 Truck Transportation Research Update, public carrier earnings during Q1 2013 were generally positive and driven by rising freight volume coupled with moderating fuel costs. However, the reports cites the fact...
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June 04, 2013, 06:50 AM
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FTR’s Trucking Conditions Index (TCI) for January as reported in the March 2013 Trucking Update jumped 2.2 points from the previous month to a new reading of 10.6. The upward trend in the TCI reflects improved freight growth and expectation for...
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March 19, 2013, 07:04 AM
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Chicago Freight Car Leasing Co., a premier lessor of railcars to industrial, agricultural, and food products shippers and railroads, announced that Todd Kahn has accepted the position of Vice President of Portfolio Management and Marketing. In this...
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February 01, 2013, 06:50 AM
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The American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index jumped 3.7% in November erasing October’s 3.7% drop. (The 3.7% decrease in October was revised from a 3.8% contraction ATA reported on November 20...
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December 19, 2012, 07:00 AM
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The amount of freight carried by the for-hire transportation industry rose 0.2 percent in September from August, rising after a one-month decline, according to the U.S. Department of Transportation's Bureau of Transportation Statistics' (BTS) Freight...
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November 19, 2012, 06:33 AM
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American Trucking Associations Chief Economist Bob Costello told fleet executives that freight volumes continue to be varied, depending on the sector and trucking’s outlook will be cloudy in the months ahead.
“As far as freight volumes, the trucking...
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October 10, 2012, 08:01 AM
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The amount of freight carried by the for-hire transportation industry rose 0.1 percent in July from June, rising after a one-month decline, according to the U.S. Department of Transportation's Bureau of Transportation Statistics' (BTS) Freight...
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September 17, 2012, 07:09 AM
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The American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index was unchanged in July after increasing 1.1% in June. (June’s gain was slightly smaller than the 1.2% increase ATA reported on July 25.) In July, the...
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August 22, 2012, 07:22 AM
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FTR Associates’ Shippers Conditions Index (SCI) for June was basically unchanged from the previous month and remains in near neutral territory at a reading of -1.8. The SCI sums up all market influences that affect shippers; a reading above zero...
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August 17, 2012, 07:02 AM
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The amount of freight carried by the for-hire transportation industry fell 0.1 percent in June from May, following no change in the index from April to May, according to the U.S. Department of Transportation’s Bureau of Transportation Statistics’...
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August 10, 2012, 06:46 AM
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FTR’s Trucking Conditions Index for June, as reported in the August 2012 Trucking Update, continued its downward trend, declining a half point from May to a reading of 4.5. This was weaker than initial expectations. The current economy continues to...
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August 09, 2012, 07:28 AM
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The American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index increased 1.2% in June after falling 1.0% in May. (May’s loss was larger than the 0.7% drop ATA reported on June 19.) June’s increase was the largest...
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July 26, 2012, 06:49 AM
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The Summer Trucking Report released from TAB Bank is showing broad signs of growth according to monthly truck tonnage, fuel costs, perceived business conditions, and invoice size. Historically, trends in trucking and transportation serve as good...
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July 25, 2012, 06:28 AM
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FTR Associates’ Shippers Conditions Index (SCI) for May improved to a near neutral reading of 1.9. The SCI sums up all market influences that affect shippers; a reading above zero suggests a favorable shipping environment, while a reading below zero...
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July 17, 2012, 07:30 AM
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The amount of freight carried by the for-hire transportation industry was unchanged in May from April, after a one-month rise, according to the U.S. Department of Transportation’s Bureau of Transportation Statistics’ (BTS) Freight Transportation...
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July 16, 2012, 07:23 AM
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After a significant dip during the Great Recession, and a mild economic recovery, the U.S. freight economy, particularly for trucking, is projected to grow significantly in the years ahead, according to American Trucking Associations’ U.S. Freight...
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July 10, 2012, 06:40 AM
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The American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index decreased 0.7% in May after falling 1.1% in April. (April’s loss was the same as ATA reported on May 22.) The latest drop lowered the SA index to 117.8...
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June 20, 2012, 07:45 AM
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The amount of freight carried by the for-hire transportation industry rose 0.2% in April from March, rising after a one-month decline, according to the U.S. Department of Transportation's Bureau of Transportation Statistics' (BTS) Freight...
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June 18, 2012, 06:30 AM
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CAI International, Inc., one of the world’s leading lessors of intermodal freight containers, reported that it has entered into an $85 million senior credit facility for the acquisition of rail cars. The senior credit facility is a three-year...
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June 15, 2012, 07:00 AM
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FTR Associates’ Shippers Conditions Index (SCI) for April was basically unchanged from the previous month with a moderately negative reading of -5.4. The index is expected to remain in a tight range throughout the summer, potentially deteriorating...
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June 14, 2012, 07:00 AM
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The amount of freight carried by the for-hire transportation industry fell 0.8% in March from February, declining after a one-month increase, according to the U.S. Department of Transportation’s Bureau of Transportation Statistics’ (BTS) Freight...
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May 10, 2012, 07:00 AM
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FreightCar America, Inc. reported results for the first quarter ended March 31, 2012, with revenues of $219.1 million and net income of $9.7 million. For the same quarter in 2011, the Company reported revenues of $72.2 million and a net loss of $1.3...
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May 08, 2012, 06:00 AM
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According to the IBISWorld report on the Truck Trailer Manufacturing industry, the truck trailer manufacturing industry’s revenue is expected to grow during the five years to 2017 as firms will have to adapt to new technologies that make truck...
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May 03, 2012, 07:00 AM
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The release of the 2012 edition of ATA American Trucking Trends by American Trucking Associations, now available for sale through ATA Business Solutions, shows that trucking continues to be the dominant mode of freight transportation and an integral...
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April 18, 2012, 08:00 AM
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The amount of freight carried by the for-hire transportation industry rose 0.5% in February from January, rising after a one-month decline, according to the U.S. Department of Transportation’s Bureau of Transportation Statistics’ (BTS) Freight...
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April 13, 2012, 08:00 AM
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Low freight activity and a down housing market decreased demand for truck rentals and leases during the recession, but the industry is set to pick up over the next five years according to IBISWorld’s report on the Truck Rental Industry. As the...
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March 19, 2012, 07:30 AM
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The amount of freight carried by the for-hire transportation industry fell 3.6% in January from December, declining after five consecutive monthly increases, according to the U.S. Department of Transportation's Bureau of Transportation Statistics'...
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March 16, 2012, 08:00 AM
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The American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index fell 4.0% in January after surging 6.4% in December 2011. The latest contraction put the SA index at 119.4 (2000=100), down from December’s record...
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February 29, 2012, 07:30 AM
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FreightCar America, Inc. today reported results for the fourth quarter ended December 31, 2011, with revenues of $187.1 million and net income of $8.5 million, showing substantial improvement versus the prior quarter and the fourth quarter of 2010....
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February 17, 2012, 06:30 AM
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Commercial Carrier Journal reported that the amount of freight carried by the for-hire transportation industry rose 3.9% in December from November, representing the largest monthly rise in 17 years, which brought the level of freight shipments to an...
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February 09, 2012, 07:00 AM
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