Weaker freight rates and volumes caused trucking conditions to deteriorate in February, according to the latest FTR Trucking Conditions Index.
Trucking Conditions Weaken, but Freight ‘Holds Up’
Posted Friday April 21, 2023 in Business
News tagged with freight-rates
Cnd Spot Market Capacity Tightens
Posted Wednesday December 22, 2021 in Business
The Canadian spot market reached all-time high load volumes for November – up 69% year over year, and up 32% from the previous month of October, reports Loadlink Technologies.
Supply-demand Balance Reflected Capacity Tightness: ACT
Posted Thursday August 26, 2021 in Business
ACT Research’s For-Hire Trucking Index in July showed an uptick in freight volumes with pricing moderate, but a strong supply-demand balance for truckers.
US Economy Shrinks 4.8% due to COVID; ATA Economist Surprised at Extent of Damage
Posted Friday May 01, 2020 in Business
The U.S. economy contracted by 4.8% on an annualized rate in the first quarter, according to the U.S. Commerce Department, which released the gross domestic product figures April 29.
Panel: Trucking Has Cause for Optimism Despite Headwinds
Posted Tuesday February 04, 2020 in Business
Trucking and logistics executives at National Industrial Transportation League’s 2020 Summit discussed the contract environment, trucking capacity, truck parking, driver retention, delivery demands and hours-of-service regulations.
