Current news, information and trends in the commercial motor freight industry covering trucking, freight lines and carriers, logistics and classification.
Posted 01/19 · 09:20 AM · LM Editorial
Transportation Secretary Ray LaHood told shippers at the SMC3 annual winter meeting in Atlanta yesterday that cross-border trucking would be revived “as soon as possible.”
Posted 01/17 · 12:21 PM · LM Editorial
The most important take-away for shippers at this point in time is that recent fuel price movements reflect emerging market conditions.
Posted 01/13 · 08:41 AM · LM Editorial
The Department of Transportation’s Bureau of Transportation Statistics (BTS) reported today that its Freight Transportation Services Index (TSI) was down 0.3 percent in November, following a 0.2 percent October gain and a 1.0 percent September gain.
Posted 01/12 · 09:46 AM · LM Editorial
ACT said that total net orders for Class 8 vehicles and commercial trailers “surged” during the fourth quarter of 2010, signaling that trucking fleets are increasing the replacement levels of vehicles which have been put off to a large degree the last two years.
Posted 01/11 · 01:52 PM · LM Editorial
Logistics Management regrets to report that Joseph F. H. Cutrona, former executive director of NASSTRAC (the National Shippers Strategic Transportation Council), passed away on December 25, 2010 in Naples, Florida.
Posted 01/11 · 12:18 PM · LM Editorial
On the heels of a 0.4 percent increase in November, the December edition of the Ceridian-UCLA Pulse of Commerce Index (PCI) took a sharp turn north with a 2.4 percent increase. Prior to the gains of the last two months, the PCI was down 0.6 percent in November and 0.5 percent and 1.0 percent in September and August, respectively.
Posted 01/11 · 10:25 AM · LM Editorial
Thomas J. Donohue, in his annual “State of American Business Address” to business leaders at the U.S. Chamber of Commerce building across from the White House, is predicting 3.2 percent growth in Gross Domestic Product this year. That figure, higher than what most mainstream economists are predicting, is based on Donohue’s cautious optimism about overall economic conditions, including jobs and growth.
Posted 01/11 · 09:30 AM · LM Editorial
Diesel prices continued their upward march for the week of January 10, according to data released this week by the Department of Energy’s Energy Information Administration (EIA).
Posted 01/07 · 12:51 PM · LM Editorial
Earlier this week, the Federal Motor Carrier Safety Administration said that United States Transportation Secretary Ray LaHood shared “an initial concept document” with members of Congress for a long-haul cross-border Mexican trucking program.
Posted 01/07 · 10:15 AM · LM Editorial
Freight volumes finished 2010 on a somewhat uneven growth path in December, according to the most recent edition of the Cass Information Systems Freight Index.