American manufacturers and related industries shipped 11.7 billion tons of freight worth $13.6 trillion in 2012, and that trucks carried 70% of the freight both by weight and value, the Bureau of Transportation Statistics and Census Bureau reported.
December 10, 2013freight News Updates
Panel Seeks U.S. Freight Plan
WASHINGTON — A House panel created to explore freight issues has recommended that Congress create a national freight transportation policy and designate a freight network that includes all transport modes, namely highway, rail, air and water.
November 4, 2013Cass Freight Index Edges Up in September; Expenditures Jump
The Cass Freight Index, which measures shipment activity in trucking and other transport modes, edged up 0.1% in September from a year ago, while expenditures jumped by the most since March.
October 7, 2013Welch Removes Rogers as Head of YRC Freight
YRC Worldwide Inc. CEO James Welch has put himself in charge of the company’s $3.3 billion a year less-than-truckload unit, replacing Jeff Rogers, who departed as profit-improvement efforts sagged.
September 30, 2013Class 8 Demand to Jump 15% in 2014 on Rising Freight Market, ACT Reports
COLUMBUS, Ind. — Demand for new Class 8 equipment should rise about 15% next year, powered by a stronger domestic freight market and the ongoing need to replace old tractors, ACT Research reported.
September 30, 2013Freight Volume Rises in August, DAT Report Shows
The latest DAT North American Freight Index report of spot market freight volume showed increases in August from the previous month.
September 23, 2013Trucking Rates Expected to Rise, FTR Index Shows
Trucking rates are expected to rise this fall as capacity tightens on regulatory effects and improved freight demand, according to FTR’s Trucking Conditions Index.
September 13, 2013Few Signs of Peak Season Are Emerging, Officials Say
Freight volumes have remained steady into early September, but are showing little sign of an emerging peak shipping season because of economic weakness and changing strategies by carriers and shippers, according to industry officials.
September 9, 2013Two Senators Propose New Import Fee as Part of U.S. Port Funding Overhaul
Washington state’s two U.S. senators said they plan to introduce a bill next month to overhaul how the country collects and spends money to improve seaport freight infrastructure.
August 26, 2013Truck Freight Capacity Dips in June
Truck freight capacity dipped in June, reflecting a relatively weak freight environment, according to the FTR Associates’ Shippers Conditions Index.
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