Current news, information and trends in the commercial motor freight industry covering trucking, freight lines and carriers, logistics and classification.
Posted 07/02 · 10:30 AM · LM Editorial
While some economic indices have taken a hit in the last week, one that keeps making forward progress is the Cass Information Systems Freight Index.
Posted 06/30 · 09:26 AM · LM Editorial
Customer demand is the driver for flatbed expansion, says company officials.
Posted 06/30 · 08:05 AM · SCMR Editorial
The big picture numbers in this year’s report such as total logistics costs, inventory levels, and carrier capacities all dropped sharply. Yet this was not totally unexpected given that 2009 was only marginally better than 2008, another tough year for companies in just about every business sector. But the real story on partnering and collaboration lie behind the numbers.
Posted 06/28 · 12:49 PM · LM Editorial
The market for Class 8 vehicle equipment continues to resonate with good news for orders and production. The most recent news comes from ACT Research Co., a provider of data and analysis for trucks and other commercial vehicles, whom reported that commercial trailer net orders in May were up 59 percent year-over-year.
Posted 06/25 · 12:38 PM · LM Editorial
Trucking tonnage saw its first decline since February, with the American Trucking Associations (ATA) reporting today that its advance seasonally adjusted (SA) For-Hire Truck Tonnage Index slipped 0.6 percent in May.
Posted 06/25 · 06:51 AM · LM Editorial
Third-party logistics (3PL) services provider Evans announced this week it s rolled out a freight brokerage division, entitled Evans Freight Services (EFS).
Posted 06/24 · 10:29 AM · LM Editorial
A looming truck driver shortage, driven to a large degree by a piece of unpopular legislation, appears to be a matter of “when” rather than “if,” according to trucking and 3PL executives speaking at this week’s eyefortransport 3PL Summit in Atlanta.
Posted 06/21 · 02:43 PM · LM Editorial
The resurgence in truck orders and production got more good news, with net orders for heavy-duty Class 8 commercial vehicles going up 84 percent in May year-over-year, according to data from ACT Research, a provider of data and analysis for trucks and other commercial vehicles.
Posted 06/09 · 11:55 AM · SCMR Editorial
Business logistics costs fell to a record low of 7.7 percent of Gross Domestic Product last year, compared with 9.3 percent of GDP in 2008, according to a new annual benchmark report issued Wednesday.
Posted 04/01 · 12:06 PM · LM Editorial
Many trucking executives believe that we’re on the cusp of a steady, prolonged recovery with solid price increases to match. Analysts aren’t so sure. But nearly all agree that shippers should expect rate increases when their contracts expire, some in the 3-percent to 5-percent range. Here are the four issues that are now in the driver’s seat.