Current news, information and trends in the commercial motor freight industry covering trucking, freight lines and carriers, logistics and classification.

Trucking news: ATA reports seasonally-adjusted tonnage is down 0.7 percent in April

Posted 05/25 · 12:20 PM · LM Editorial
Truck tonnage is continuing its ride on an up and down road, with a slight decline in March, according to the American Trucking Associations (ATA). The ATA’s advance seasonally-adjusted (SA) For-Hire Truck Tonnage index dropped 0.7 percent in April after increasing a revised 1.9 percent (from1.7 percent) gain in March. This index was down 2.7 percent in February and was up 3.8 percent and 2.5 percent, respectively, in January and December.

CSA 2010 remains a major concern for trucking capacity and liabilty, says Transplace panel

Posted 05/25 · 11:38 AM · LM Editorial
Even with some signs of economic improvement apparent, capacity in the trucking market remains tight and is likely to remain that way for a while. This is especially true when looking at the possible impact on capacity that may be caused by CSA 2010 by the Federal Motor Carrier Safety Administration (FMCSA).

UTi Worldwide rolls out U.S.-Mexico cross-border service

Posted 05/24 · 12:37 PM · LM Editorial
Non asset-based third-party logistics (3PL) services provider UTi Worldwide (UTIW) said this week it has introduced a U.S.-Mexico cross-border service in an effort to “simplify and speed trade across the U.S. and Mexico borders.”

Trucking news: TransCore says truck capacity hits a six-month high

Posted 05/24 · 10:26 AM · LM Editorial
Recent data from TransCore indicated that spot market truck capacity recorded its single highest weekly volume in the last six months. The firm said that truck availability rose 8.0 percent on its DAT Network of load boards, with truck postings for all equipment types seeing gains, including: flatbeds up 8.4 percent; reefer vans up 8.3 percent, and dry vans are up 4.9 percent from the week of May 7 to the week of May 14.

Diesel prices drop below $4 per gallon

Posted 05/24 · 09:57 AM · LM Editorial
Diesel prices dropped 6.4 cents this week to $3.997 per gallon, according to the Department of Energy’s Energy Information Administration (EIA). This represents the single largest weekly decline since a 7.3 cent dip from the week of May 24, 2010.

Oil and diesel fuel situation has logistics managers focused on adjusting budgets to cover costs

Posted 05/23 · 10:22 AM · LM Editorial
While the current fuel situation may not be as dire as it was during the summer of 2008, when prices hit nearly $5 per gallon and $150 per barrel, shippers are bracing for prolonged pain at the pump, according to the results of a recent Logistics Management reader survey of roughly 250 logistics, supply chain, and transportation executives.
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ATA report points to bright future for trucking (and some other modes, too)

Posted 05/20 · 11:53 AM · LM Editorial
Earlier today, my inbox pointed me to an e-mail from the American Trucking Associations (ATA), which highlighted the fact that the United States freight economy—especially trucking—is poised for liftoff following the depths of the Great Recession. This information is gleaned from the ATA’s U.S. Freight Transportation Forecast to 2022, which was put together by the ATA, IHS Global Insight, and Martin Labbe Associates.

Pickens points to natural gas as a boost for the trucking industry and to cut down on OPEC imports

Posted 05/18 · 11:18 AM · SCMR Editorial
With gas prices making everyone uncomfortable, again, those same old fears about energy prices are back in the forefront. But it does not have to be these way. In fact, it should not be this way—period. That is how T. Boone Pickens, founder and chairman of BP Capital Management, sees it.

Trucking news: ACT reports April Class 8 net orders hit a 55-month high

Posted 05/18 · 09:36 AM · LM Editorial
ACT Research, a provider of data and analysis for trucks and other commercial vehicles, said this week that net orders for North American Class 8 vehicles checked in at 38,100 units on a non-seasonally adjusted basis in April.
NewsTruckingLogisticsTrucksACT Research

Trucking news: TransCore says April spot market is down from March, up year-over-year

Posted 05/18 · 08:37 AM · LM Editorial
The truckload spot market in April was down 14 percent from April but showed a 12 percent annual gain compared to April 2010, said TransCore officials. They added that freight volumes in the South and Midwest regions of the U.S. were impacted most by the weather.

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