ATA Truck Tonnage Index Increased in June 2022. American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index increased 2.7% in June after rising 0.3% in May. In June, the index equaled 120.1 (2015=100) versus 116.9 in May.
With the continuing supply chain snarl causing manufacturers to accept only limited orders for new trailers, fleets are cleaning up older parked equipment used for storage to meet their immediate needs. For six months…
XPO Logistics, a provider of freight transportation services, has opened two less-than-truckload (LTL) terminals to increase customer service capacity in its North American network. In addition, the company increased production capacity at its trailer manufacturing…
J.B. Hunt Transport announced Jan it entered an agreement to acquire furniture hauler Zenith Freight Lines for $87 million. The deal is expected to bolster J.B. Hunt’s final-mile and furniture delivery network.
FedEx Express it has completed a $72.2 million expansion of its air cargo hub at Miami International Airport, giving e-commerce and perishables shippers doing business in the Americas and Caribbean access to more capacity and…
Consumer demand clogging ports + lack of labor and a limited supply of transportation capacity compounding supply chain crisis he current supply chain crisis is caused by an unprecedented demand for physical goods flowing...
Transervice Integrated Solutions (TIS) has launched a less-than-truckload (LTL) division to support shippers across North America. TIS’s new LTL division ‘’complements the existing full truckload service and rounds out the company’s entire freight management offering,’’…
Carriers have a clear preference in terms of where they are trying to position themselves in the U.S. and it illustrates just how unbalanced transportation capacity continues to be. Loads traveling more than 800 miles…
Uber Freight announced last month it is acquiring Transplace for about $2.25 billion, saying the move will create one of the leading logistics technology platforms, with one of the largest and most comprehensive managed transportation…
The largest drivers of freight demand are consumption and production, and for the past year the growth in consumption has been unprecedented. The four largest month-over-month gains in retail sales have come since April 2020…
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