“Broadly speaking, freight demand trends are gradually improving,” said Carter Vieth, research associate at ACT Research.
Operators of East and Gulf Coast port terminals said they won’t continue bargaining with union dockworkers if it means giving up their right to invest in semi-automated cargo handling equipment.
Used Class 8 truck sales in October increased 10.7% year over year to 23,800 units from 21,500, ACT Research reported.
Truck rental utilization is a key performance indicator for the fortunes of Ryder’s biggest business unit and for the health of the freight market in general, Sanchez said.
North American Class 8 truck orders in November continued to trend below year-ago levels, according to ACT Research.
The addition brings to 21 the total number of crash types included in the program, according to a Dec. 3 announcement from FMCSA.
Canada Trade Surplus With US Narrows as Tariff Fight Looms
Canada’s trade surplus with the U.S. helped avoid a deeper deficit, underscoring the importance of its biggest trading partner as President-elect Donald Trump threatens hefty tariffs.
Shutdown Looms as Congress Debates Transportation Funding
Congress is working to clear for President Joe Biden fiscal 2025 legislation prior to this month’s deadline. A new session of Congress is scheduled to start in early January.
Hydrogen-Powered Hyundai Trucks Hit the Road in Georgia
Hyundai announced Dec. 4 it deployed 21 of its Xcient hydrogen fuel cell electric trucks in Georgia to ferry supplies between the ports and the automaker’s newly opened $7.6 billion EV factory.
A slump in international trade, geopolitical conflicts and economic uncertainty created a difficult business environment for the largest transportation and logistics providers in 2023.
NASHVILLE, Tenn. — American Trucking Associations Chief Economist Bob Costello on Oct. 14 highlighted how the freight market is set to slowly improve as equipment and demand rebalance.
Key data on revenue and freight assets for the 50 largest global freight companies.
Retail giant Walmart ascends to No. 1 on this updated list of the largest private carriers in North America, ranked by number of tractors in operation.
Annual rankings provide an indispensable overview of the largest for-hire carriers in North America, along with timely analysis of trends shaping the industry.
A unique ranking of the third-party logistics companies in North America includes listings of the largest freight brokerage firms, freight forwarders, warehouse operators and dedicated contract carriage service providers.
Transportation policymakers on Capitol Hill finalized a comprehensive water infrastructure legislative package, paving the way for its end-of-the-year passage.
Werner attorney Thomas Wright told the court that driver Shiraz Ali could not have foreseen that a pickup truck would suddenly cross an icy divided highway and strike the carrier’s truck.
The company is shutting down its European operations simultaneously, and existing employees in Europe will have to reapply for new jobs.
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