A majority of Americans believe NAFTA helped support strong economic growth in the U.S. and withdrawing from the deal would result in negative consequences for them.
Posted Wednesday August 23, 2017 in Business
FTR’s Trucking Conditions Index fell by more than two points in June as a result of increased costs for labor, fuel, and equipment, reflecting less favorable conditions for trucking.
After the U.S. ELD mandate is fully implemented at the end of this year, truck utilization could climb to 100%, squeezing capacity and creating demand for as many as 60,000 additional drivers.
The ELD mandate was the top industry issue on trucking fleets’ minds last year, according to the American Transportation Research Institute’s annual Top 10 list.
Posted Friday August 11, 2017 in Business
Newly released U.S. Transportation Department figures show that trucking posting the second-highest increase of all freight modes since the end of the Great Recession.
The value of U.S.-Canada freight flows increased by 11.4% to $51.2 billion between May 2016 and May 2017 as the value of freight on all five major modes increased from a year earlier.
The American Trucking Associations (ATA) released its Freight Transportation Forecast report for 2017 through 2028 today and has projected continued growth for the transportation and trucking industry.
Posted Monday July 24, 2017 in Business
American Trucking Associations (ATA) is projecting U.S. freight volumes to grow 2.8% this year, followed by 3.4% annual growth through 2023 – a trend that could lead to potential capacity shortages.