indicators
U.S. Bank creates shipping index; 3Q shows hurricane impacts
The U.S. Bank Freight Payment Index includes regional and national breakdowns along with expert commentary from Bob Costello, chief economist for the ATA.
Indicators: Spot market activity soars as freight, rates jump; shippers fear big rate increases ahead
Spot market demand and rates, particularly for dry van, gained big in September, according to DAT. Research firm FTR also said shippers are beginning to fear that "double-digit rate increases" ...
Indicators: Trucking employment dips slightly in September, ‘Shippers Conditions’ favor carriers
Updates on two key trucking industry indicators.
Spot market rates soared to multi-year highs
Spot market rates in September leapt in September, according to Truckstop.com data provided to Overdrive. The gains are likely due to the impacts of catastrophic hurricanes that impacted Texas and ...
Indicators: Truck tonnage shot up in August, ‘Trucking Conditions’ point to rates growth
A few positive signs for the trucking industry: Tonnage soared in August, and a tightening of industry capacity, driven by a number of factors, is set to push rates higher ...
Indicators: Driver turnover rate swelled in second quarter
The driver turnover rate at large truckload fleets jumped 16 percentage points to 90 percent in the second quarter of 2017, according to the American Trucking Associations’ quarterly report. The ...
Changing economy will strip truck freight in the coming decades, says trucking forecaster
Long-term freight challenges loom for the trucking industry as the economy and the supply chain become more efficient, more digitized and, thus, less reliant on transport needs, said Noel Perry, ...
Flatbed rates surged in August while van, reefer stumble before Harvey effects
The effects have Hurricane Harvey have pressed van and reefer rates higher to start September, but the two segments both saw declines overall in August from July, according to monthly ...
National shift in freight prompts strong van rates post-Harvey
This strain in capacity and disruption of typical van freight lanes has shifted freight flow in all regions of the U.S., Montague says, and has driven up rates. Van rates ...
Indicators: Trucking employment slips by 1,600 jobs
Trucking industry employment has been choppy the entirety of the year, having gained big in February and March before falling the last four out of the last five months.
Harvey, aftermath to swing freight movement, stress trucking capacity
Houston is one of the country’s most prominent freight hubs, ranking as one of the top inbound and outbound freight hubs. It’s also a key transfer point for freight incoming ...
Indicators: Tonnage leveled in July, ‘Trucking Conditions’ decline
The capacity restrictions expected from the looming electronic logging device mandate “is now seen as likely shorter than expected,” says FTR, who also predicts conditions to be rocky over the ...
Carriers saw declining revenues, profits in first half of 2017
Revenue and income for some of the country's largest carriers, as reported over the last few weeks in their public quarterly earnings reports issued to shareholders, dipped in the first ...
Trucking earned 80 percent of nation’s freight revenue last year, saw $678B in revenue
ATA's annual Trucking Trends report for 2017 reveals the industry took in $676.2 billion in revenue, accounting for 79.8 percent of the U.S.’ freight revenue. To generate this revenue, trucks ...
Indicators: Trucking adds a few jobs in July, report indicates contract rates still weak
Total employment in the for-hire trucking industry grew by 400 jobs in July, according to the latest employment report issued by the Department of Labor. Also, despite soaring spot ...
