The Department of Transportation’s February freight transportation services index rose 4.1% from a year earlier, DOT said Wednesday.
April 13, 2011Business
TT 100: Rising Costs, Driver Availability Key Concerns for North America’s Top 100 For-Hire Fleets
Rising demand for freight hauling is generating more business for trucking companies, but rising costs and a dwindling supply of drivers are making it difficult for the nation’s top for-hire carriers to provide additional capacity to meet that demand.
July 18, 2011Business
Cass Freight Index for May Shows 9.6% Increase in Shipments
The Cass Freight Index, which measures freight bills paid for shipments moved primarily by truck, rose 9.6% in May from the same month a year ago, but the latest report showed a slow-down in the growth pace tied to the economy.
June 14, 2011Business
Cass Freight Index Jumps 13.8% in March
Freight movements jumped 13.8% in March from a year ago, with volume up for all transportation modes, according to the most recent Cass Freight Index.
April 6, 2011Business
Freightliner Unveils Models for Severe-Duty Sector
LAS VEGAS — Freightliner Trucks introduced two new severe-duty trucks last week at the 2011 ConExpo/ConAgg construction conference and equipment exhibition here, in a move by Daimler Trucks North America to recapture market share in vocational vehicles.
March 28, 2011Business
Optimism Grows for 2011 as Freight Indexes Rise
A combination of upbeat reports in three recent freight indexes and record-setting 2010 port freight volumes are signaling stronger business levels as 2011 unfolds.
January 24, 2011Business
ABF Fights Concessions Given by Union to YRC
ABF Freight System launched a two-pronged offensive against Teamsters union labor concessions for YRC Worldwide, saying the breaks for YRC violate the terms of the National Master Freight Agreement and unfairly disadvantage ABF to the tune of $750 million.
November 8, 2010Business
Freight Forwarders Admit to Price Fixing
Six international freight forwarders have agreed to plead guilty and pay $50.3 million in fines in relation to a price-fixing investigation, federal officials said.
October 1, 2010Business
Senators Introduce Bill Targeting Fraud Within the Freight Brokerage Business
A pair of U.S. senators introduced legislation last week aimed at curbing fraud by unscrupulous freight brokers.
June 21, 2010Business
DOT Freight Index Sees First Year-to-Year Gain Since 2008
The Department of Transportation’s freight transportation services index rose 2.6% in March from a year ago, marking the first such increase since July 2008.
May 12, 2010