The U.S. Department of Transportation said Thursday it is seeking nominations for a committee to advise leaders about freight policies aimed at improving the national freight transportation system.
February 14, 2013Business
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, 2013Business
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, 2013Business
DOT Freight Transportation Index Rebounds
The Department of Transportation鈥檚 freight transportation services index rebounded in November from October, matching its year-ago level, DOT said Wednesday.
January 9, 2013Business
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, 2013Business
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, 2012Business
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, 2012Business
DOT Freight Transportation Index Rises 0.1%
The Department of Transportation鈥檚 freight transportation services index rose 0.1% in September from the same month last year, DOT said Thursday.
November 15, 2012Business
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, 2012Business
ATA Projects 21% Tonnage Gain by 2023
The freight transportation industry will grow 鈥渟ignificantly鈥 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