Truck-Involved Deaths Dip
Even though large trucks traveled upward of 4 billion more miles in 2014 than in 2013, fewer of them were involved in fatal crashes and fewer people died in those accidents.
Trucking Adds 1,500 Jobs in January
Trucking added 1,500 jobs in January, and the unemployment rate dropped to 4.9%, an almost eight-year low, the Labor Department reported Feb. 5.
February 5, 2016SMC3 Develops New Pricing System for Negotiating LTL Rates
Industry information provider SMC3 announced the development and availability of CzarLite XL, a pricing system for use in negotiating less-than-truckload rates.
February 1, 2016Truck-Crash Deaths Down
The rate and total number of fatalities involving trucks weighing at least 10,000 pounds declined in 2014 from the prior year, according to newly released federal data.
Truckload Rate Growth Eases as Freight Demand Sputters
The recent strong growth in rates is slowing as freight demand wanes and capacity loosens, industry statistics show.
Rate Gains, Tight Capacity to Yield Improved 1Q Profits, Analysts Say
Higher rates and long-term capacity concerns likely will help nearly all publicly traded carriers to report higher first-quarter earnings, despite recent hints of weakening economic growth.
April 13, 2015Freight Rates Expected to Keep Rising on Capacity Issues
FORT LAUDERDALE, Fla. — The unanimous view from shippers and other participants at the National Industrial Transportation League meeting was that freight rate increases, particularly in trucking, will keep accelerating for two years or more because of unrelenting capacity issues.
November 19, 2014Higher Rates, Driver Pay Seen as Capacity Tightens, Costs Rise
MANALAPAN, Fla. — The driver shortage and rising costs are likely to boost both motor carrier freight rates and driver pay, though it’s not clear yet how much either will increase, industry officials said.
February 24, 2014UPS to Raise Rates 4.9%
UPS Inc. said it will raise its rates on average 4.9% for package and airfreight delivery, effective Dec. 30.
November 22, 2013Trucking Conditions Improve in August, FTR Index Shows
Trucking rates are expected to peak this fall before conditions decline as the industry absorbs the impact of the hours-of-service rule change, according to FTR’s Trucking Conditions Index.
October 11, 2013