The Department of Transportation’s freight transportation services index declined in December from the highest level on record the prior month, DOT said Feb. 12.
February 12, 2014Business
Fleet Failures Increase in 4Q Despite Higher Freight Demand
A new report said fleet failures rose to the highest level in more than three years during the fourth quarter, even though freight demand improved, reversing a long-standing trend.
January 27, 2014Business
Con-way Freight Deploys Nat-Gas Freightliners
Con-way Freight has started to add Freightliner Cascadia natural gas-powered trucks to its fleet, according to Freightliner parent Daimler Trucks North America.
January 24, 2014Business
Year in Review: Freight Level Rises Despite Uncertainty
A year that saw steady improvement in demand for freight hauling also brought uncertainties in the form of a partial government shutdown, a fumbled rollout of a new health-care law and regulatory changes, including new rules on driver hours of service and an increase in the surety bond requirement for freight brokers and forwarders.
December 23, 2013Business
Industry Shipped 11.7 Billion Tons in 2012, Federal Agencies Say
American manufacturers and related industries shipped 11.7 billion tons of freight worth $13.6 trillion in 2012, and that trucks carried 70% of the freight both by weight and value, the Bureau of Transportation Statistics and Census Bureau reported.
December 10, 2013Business
Panel Seeks U.S. Freight Plan
WASHINGTON — A House panel created to explore freight issues has recommended that Congress create a national freight transportation policy and designate a freight network that includes all transport modes, namely highway, rail, air and water.
November 4, 2013Business
Cass Freight Index Edges Up in September; Expenditures Jump
The Cass Freight Index, which measures shipment activity in trucking and other transport modes, edged up 0.1% in September from a year ago, while expenditures jumped by the most since March.
October 7, 2013Business
Welch Removes Rogers as Head of YRC Freight
YRC Worldwide Inc. CEO James Welch has put himself in charge of the company’s $3.3 billion a year less-than-truckload unit, replacing Jeff Rogers, who departed as profit-improvement efforts sagged.
September 30, 2013Business
Class 8 Demand to Jump 15% in 2014 on Rising Freight Market, ACT Reports
COLUMBUS, Ind. — Demand for new Class 8 equipment should rise about 15% next year, powered by a stronger domestic freight market and the ongoing need to replace old tractors, ACT Research reported.
September 30, 2013Business
Freight Volume Rises in August, DAT Report Shows
The latest DAT North American Freight Index report of spot market freight volume showed increases in August from the previous month.
September 23, 2013