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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 ...

Reefer and van rates hit a hot streak, flatbed rates remains solid

Per-mile spot market rates for van and reefer segments saw strong gains again in July, according to Truckstop.com. Both segments reached their highest monthly rate average since mid-2015.

CCJ MarketPulse: Optimism about trucking business conditions abounds

Overall, 79.5 percent of respondents in the June 2017 CCJ MarketPulse believe business conditions will be better over the next six months, and only 2.9 percent expect business conditions to worsen ...

Fed reports trucking growing at moderate pace in recent months

Although seasonal slowing in expected during the current quarter, most trucking executives said conditions “feel better than they have in a very long time.” They reported renewed momentum for shipments ...
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Indicators: Latest ‘Trucking Conditions’ point to hot spot market, lagging contract market

FTR notes the spot market has seen strong freight volume in recent months, and spot market rates have followed suit, climbing for most of the year. Rates on the contract ...

Trucking revenue could top $1 trillion annually within 5 years, ATA report projects

Revenue associated with truck transport is projected to top $1 trillion by 2024, according to the American Trucking Association's 2017-2028 Freight Transportation Forecast report.

Indicators: Truck tonnage dipped from May in June, but up year over year

“After such a large spike in May, it was not surprising to see the index give back some of those gains in June,” said ATA Chief Economist Bob Costello. “However, ...

Indicators: Spot market freight soared in June

Load availability climbed 24 percent in June from May, according to the DAT Index, and was up 57 percent from last June.

Indicators: Trucking employment dips, conditions for shippers point to chance for rate hikes

Trucking industry employment in June totaled 1.4716 million -- about 25,000 jobs greater than last June. TR’s Shippers Conditions Index moved further into negative territory for shippers, mostly reflecting tighter ...

Indicators: Spot market rates hit multi-year highs in June

Per-mile rates on the spot market shot upward in all three major truckload segments in June, according to monthly rate data provided to CCJ by Truckstop.com, with flatbed and van ...

Indicators: Driver turnover rate climbed in 2017’s first quarter

The driver turnover rate at U.S. truckload fleets rose slightly in the first quarter of 2017, though it remains at historically low levels. In the first three months of the ...

Indicators: Truck tonnage jumped in May

The amount of freight moved by the for-hire trucking industry, as measured by the American Trucking Associations’ monthly Truck Tonnage Index, climbed 6.5 percent in May from April. Tonnage was ...

Indicators: ‘Trucking Conditions’ positive for carriers; spot market activity soars

Market conditions for carriers, as measured by FTR’s monthly Trucking Conditions Index, bounced upward in April. Meanwhile, spot market activity continues to see big gains month over month and year ...

Truckload rates climbed again in May

The spot market gains are in line with seasonal trends but could also reflect an upswing predicted this year by industry analysts ahead of the ELD mandate's compliance deadline and ...