Current news, information and trends in the commercial motor freight industry covering trucking, freight lines and carriers, logistics and classification.
Posted 04/06 · 10:08 AM · LM Editorial
March shipments at 1.108 were up 13.8 percent annually and 6.5 percent compared to February’s 1.036, with shipments above for the 1.0 mark for the tenth straight month going back to May 2010’s 1.014 breaking the 1.0 level for the first time since November 20008.
Posted 04/06 · 09:05 AM · LM Editorial
ACT reported that a preliminary reading of heavy-duty Class 8 commercial vehicle net orders for North American markets increased to 29,200 units in March, representing the largest monthly order intake since May 2006.
Posted 04/05 · 05:04 AM · LM Editorial
This increase follows a 2.5 percent gain and a 0.1 percent decline, respectively, over the last two weeks, with diesel prices showing gains in 17 of the last 18 weeks. On an annual basis, diesel is up 96.1 cents.
Posted 04/04 · 10:52 AM · LM Editorial
Following a recent announcement which called for reducing United States oil imports by one-third in the next decade, President Barack Obama last week rolled out a new energy-focused initiative focusing on trucking in a speech at a UPS facility in Landover, Maryland.
Posted 04/01 · 05:43 AM · LM Editorial
There’s a better way to configure complex transportation networks and fill them with the right sort of hauling capacity. The caveat, however, is that the sheer size and complexity of these networks means technology is required to perform the analytics that enable harvesting the value. Here’s how to get it done.
Posted 04/01 · 03:05 AM · LM Editorial
Leading trucking company CEOs say it’s time to pay down debt and put profit to work to recapitalize their businesses - all at a time of tightening capacity. For shippers, the days of rock bottom rates could be long gone.
Posted 03/31 · 11:56 AM · LM Editorial
TransCore reported that linehaul rates for vans on the spot market were up 38 percent in the 64 national lanes it tracks. But it also pointed out that rate declines in the remaining lanes left the national average up 0.8 percent.
Posted 03/31 · 08:19 AM · LM Editorial
Various transportation interests met on Capitol Hill this week for a two-day hearing hosted by the House Transportation and Infrastructure Committee’s Subcommittee on Highways and Transit, which focused on pending surface transportation reauthorization.
Posted 03/30 · 11:53 AM · LM Editorial
While looking at mainstream media news sites today, an item in The New York Times caught quickly caught my attention. Maybe it caught your attention, too. Here is the headline: “Obama to Set Goal of One-Third Cut in Oil Imports.”
Posted 03/29 · 11:46 AM · LM Editorial
After a 0.1 cent decline last week, diesel prices went up 2.5 cents to $3.932 per gallon, with prices up 99.3 cents on an annual basis.