Truck Freight Rates Rising
NEW ORLEANS — Shippers are facing a shortage of freight-hauling capacity and as a result are paying 3% to 5% more for truckload freight service compared with a year ago, freight brokers and logistics service providers say.
Dealers Search for Inventory Following Years of Oversupply
In recent weeks, Steve Nadolson, used truck manager at Nashville Peterbilt in Antioch, Tenn., said he has been “inundated” with calls from people looking to buy used trucks. “I get 10 a day,” he said. “I’m running ads that say, ‘I buy trucks. I pay the highest trade.’.
TMW Sees Heavy Use of Tracking System
TMW Systems’ founder and president, Tom Weisz, said he expected 50% to 75% of his customers over the next couple of years to adopt a new service that helps identify and track key performance indicators for trucking companies.
Republican Leaders Address ATA
WASHINGTON — Trucking executives meeting here last week said they were optimistic about business and the economy, but were worried about a growing problem of driver availability and the possible effect of government regulations.
Report Names Top-Performing Carriers
Barney Trucking, Heartland Express, Kenan Transport, Penske Logistics, Prime Inc. and Raven Transport were named the top-performing truckload carriers of their respective types, according to research by Martin Labbe Associates for American Trucking Associations.
TCA Narrows Search for President
The search for a new president to manage the Truckload Carriers Association is in the “final stages,” the search committee’s chairman said last week.
Mineta Unveils Transportation Index to Serve as New Economic Indicator
Transportation Secretary Norman Mineta said his department was launching a new monthly economic indicator that he said would measure the impact of transportation services on the broader economy.
TRB Panel Asks Government to Coordinate Freight Data
WASHINGTON — The government should coordinate freight data collection in the United States because information on freight movement is needed to help public agencies make decisions about highway infrastructure, safety and security, economic competitiveness and environmental issues, a report by the Transportation Research Board said. br clear=all>
Fatality Rate Hits New Low
The fatal crash rate for large trucks fell in 2002 to its lowest level since the U.S. Department of Transportation began keeping large-truck safety records in 1975, American Trucking Associations said last week.
New Services Allow More Data to Flow Cheaply
This year, suppliers of mobile communications services for trucking will offer an array of new services as established companies delve into new markets and new technology makes it possible to transmit more data at less cost than ever before.