freight News Updates

Business

Fleet Failures Idle More Trucks in 4Q as Freight Levels Decline

The number of trucks idled because of truck fleet bankruptcies rose 28% in the fourth quarter, driven by weakening used-truck prices, lower freight demand and higher costs, according to a new report.

January 21, 2013
Business

ABF, Teamsters Continue Negotiations on New Contract

The Teamsters union and ABF Freight System held negotiations in Kansas City, Mo., this week, and talks will continue into next week to reach a labor agreement between the two parties, the union said.

January 11, 2013
Business

DOT Freight Transportation Index Rebounds

The Department of Transportation’s freight transportation services index rebounded in November from October, matching its year-ago level, DOT said Wednesday.

January 9, 2013
Business

Cass Freight Index Improves in December

December freight volumes grew modestly, according to the latest monthly freight index report from Cass Information Systems.

January 8, 2013
Business

Freight Demand to Grow Slowly In 2013, ATA Economist Projects

Truck tonnage probably will grow at a slower pace in 2013, but a stronger economic recovery could boost the industry in 2014 and 2015, according to the latest projections from American Trucking Associations.

December 24, 2012
Business

Freight Levels Improve in November Following Lull Caused by Superstorm

Freight levels appear to have strengthened during November, showing improvement after Superstorm Sandy temporarily depressed shipment volumes, according to recent carrier and analyst reports.

December 17, 2012
Business

DOT Freight Transportation Index Rises 0.1%

The Department of Transportation’s freight transportation services index rose 0.1% in September from the same month last year, DOT said Thursday.

November 15, 2012
Business

Cass Freight Index Declines 1.1% in August

Shipments measured by the Cass Freight Index declined 1.1% in August from the same month last year and from July 2012, reflecting the steadily weakening economic pace.

September 17, 2012
Business

ATA Projects 21% Tonnage Gain by 2023

The freight transportation industry will grow “significantly” in the next decade, and trucking will increase its share of the market, American Trucking Associations said in a report released last week.

July 16, 2012
Business

DOT Freight Transportation Index Rises 4.3%

The Department of Transportation’s freight transportation services index rose 4.3% in April from the same month last year, DOT said.

July 11, 2012