BLOOMINGTON, Ind. – U.S. shippers faced their toughest conditions in two years in August, according to FTR’s latest Shippers Conditions Index (SCI).The index fell into negative territory with a reading of -1.79, just four months after the index showed …
PLOVER, Wis. – Women in Trucking (WIT) is teaming up with CarriersEdge to take a deeper dive into exactly what diversity and inclusion look like in the trucking industry.They will launch the WIT Diversity and Inclusion Index at WIT’s virtual Accelerate…
Despite the praise rightly heaped on rail freight operators for keeping the essential supplies flowing, the April-July statistics make grim reading for the sector. Official figures from the Office of Rail and Road, released late on Friday, have given b…
Turnover in the trucking industry plummeted amid the COVID-19 pandemic as the U.S. economy looks to make a K-shaped recovery instead of a V-shaped one, analysts said.
The annual turnover rate at large and small truckload carriers declined by double-dig…
BLOOMINGTON, Ind. – Shippers’ conditions deteriorated in July, falling into negative territory for the first time since August 2018, FTR reports.The FTR Shippers Conditions Index (SCI) recorded a -0.36 reading, reflecting weak market conditions and a r…
ARLINGTON, Va. – U.S. for-hire truck tonnage plunged 5.6% in August, following a revised 1.4% decrease in July.“The August softness suggests that freight is very uneven in the trucking industry,” said ATA chief economist Bob Costello.
ATA’s For-Hire …
UK – FRANCE – With the continuing threat of infection it seems the Channel Tunnel is being favoured by many passengers and freight vehicles passing between the two countries. The Le Shuttle services give no possibility of anyone leaving their vehicles …
Bloomberg
La Nina May Disrupt Global Food Supply, Send Prices Higher
(Bloomberg) — The La Nina weather system could roil global food production, sending prices higher, as potential droughts and floods bring upheaval to a suite of key agricultural co…
BLOOMINGTON, Ind. – U.S. trucking conditions remained positive through July, as the economic recovery continued and carriers enjoyed strengthening freight rates.FTR’s Trucking Conditions Index read 2.84 in July, down from 11.35 in June but still in pos…
A shortage of truck drivers combined with a surge in online and in-store shopping has made trucking unusually expensive.
Retailers are spending around 30% more than they did last year to move goods via truck.
The last time trucking rates so…
Take a look at some of the biggest movers in the premarket:
Tesla (TSLA) – Tesla shares are under pressure after it was not included in S&P 500 index changes announced by S&P Dow Jones Indices. Online crafts marketplace Etsy (ETSY), semic…
The rally band just keeps marching on and marching on and marching on, much to the chagrin of those who say we can’t keep going straight up.
September’s sizzling start goes against the grain in what tends to be a tough month for the market. Since 194…
Global Truck Insurance Market report helps to analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the Global Truck Insurance Market. This hig…
Alongside the COVID-19 coronavirus pandemic and increased tensions with China, U.S. importers built up their inventories to hedge against future supply chain conflicts.
As a result, peak shipping season came earlier this year, pressuring logistical c…
ARLINGTON, Va. – U.S. for-hire truck tonnage dropped 5.1% in July, after a 8.9% surge in June, according to the latest data from the American Trucking Associations (ATA).“After a very strong June, for-hire contract freight tonnage, which dominates ATA’…