rates

Business

Truckload Freight Rates Remain Under Pressure, Freight Survey Finds

Brent Lewin/Bloomberg News

A freight survey that assesses dry van and refrigerated freight rates based on spot market and contract prices shows that business conditions hit a new low for fleets as the first quarter ended.

May 9, 2016
Business

SMC3 Develops New Pricing System for Negotiating LTL Rates

Industry information provider SMC3 announced the development and availability of CzarLite XL, a pricing system for use in negotiating less-than-truckload rates.

February 1, 2016
Business

Rate Gains, Tight Capacity to Yield Improved 1Q Profits, Analysts Say

John Sommers II for TT

Higher rates and long-term capacity concerns likely will help nearly all publicly traded carriers to report higher first-quarter earnings, despite recent hints of weakening economic growth.

April 13, 2015
Business

Freight Rates Expected to Keep Rising on Capacity Issues

MoDOT/Flickr

FORT LAUDERDALE, Fla. — The unanimous view from shippers and other participants at the National Industrial Transportation League meeting was that freight rate increases, particularly in trucking, will keep accelerating for two years or more because of unrelenting capacity issues.

November 19, 2014
Business

Higher Rates, Driver Pay Seen as Capacity Tightens, Costs Rise

MANALAPAN, Fla. — The driver shortage and rising costs are likely to boost both motor carrier freight rates and driver pay, though it’s not clear yet how much either will increase, industry officials said.

February 24, 2014
Business

UPS to Raise Rates 4.9%

Ken James/Bloomberg News

UPS Inc. said it will raise its rates on average 4.9% for package and airfreight delivery, effective Dec. 30.

November 22, 2013
Business

Trucking Conditions Improve in August, FTR Index Shows

Trucking rates are expected to peak this fall before conditions decline as the industry absorbs the impact of the hours-of-service rule change, according to FTR’s Trucking Conditions Index.

October 11, 2013
Business

Tight Capacity, Govt. Actions Push Produce Freight Rates Up

Produce shipments are being squeezed by capacity constraints and government actions, driving up rates as market demand builds toward the usual late-June peak, according to industry officials.

June 10, 2013
Business

FedEx Freight Raises Rates; Other LTLs Increase Prices

FedEx Freight levied a 6.9% rate increase, prompting other less-than-truckload carriers to signal similar moves as they try to capitalize on a strong rate environment.

June 18, 2012
Business

FedEx Freight Announces 6.9% Rate Increase

FedEx Corp.

FedEx Freight announced Friday it will raise shipping rates by 6.9% on July 9.

June 8, 2012

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