American Trucking Associations’ advanced seasonally adjusted For-Hire Truck Tonnage Index jumped 3.5% in November, following an increase of 0.5% during the previous month. In November, the index equaled 136.8 (2000=100), which was the highest level on record. Compared with November 2013, the SA index increased 4.4%, down slightly from…
US for-hire truck tonnage increased 3.5% in November, achieving a new record high. The seasonally adjusted American Trucking Associations Truck Tonnage Index was up 4.4% year-over-year, marking the second highest y-o-y gain in 2014. Year-to-date, tonnage is up 3.3% in the US. Read more here.
Demand for truck trailers is on a tear, given the nation’s aging semi-truck trailer fleet and increasing freight demand. Wabash National, one of the largest makers of truck trailers, and the only publicly held company in the business, could be a prime beneficiary. Its shares, at a recent $11.65, could…
Two-hour delivery is free to Prime members and one-hour delivery is available for $7.99. The service is only available to the 10001 ZIP code, a commercial area around Madison Square Garden with roughly 20,000 residents. Amazon said it plans to expand the area to more ZIP codes, without providing specifics.…
Trucking executives, encouraged by steadier, stronger economic growth in the U.S., are increasingly optimistic about their outlook for 2015, both in terms of freight demand and their ability to raise rates, Transport Capital Partners said. Truckload carriers surveyed by TCP have expected volumes to grow for eight straight quarters, and…
The chief executive of a company attempting to deliver a transport system that could send commuters from Los Angeles to San Francisco at speeds of up to 800mph says he is confident of securing the funding needed to turn the project from a pipe dream into a viable transit option…
These results were published in ACT’s latest state-of-the-industry report, covering Classes 5 through 8 vehicles for the North American market. “Class 8 has the largest backlog since October 2006 and on a per day basis, November’s build was the second best since December 2006,” said ACT president and senior analyst,…
Google today announced it has completed the first build of its self-driving vehicle prototype. This is the first fully functional self-driving car from the company. It’s one thing to modify an existing car to give it self-driving capabilities. It’s another thing to build a self-driving car from the ground up.…
The American Trucking Associations’ seasonally adjusted For-Hire Truck Tonnage Index rose 3.5% to 136.8 in November — the highest level on record. The index increased 4.4% compared with last November, representing the second best year-over-year gain in 2014. Compared with the same period last year, tonnage is up 3.3% The…
“I think many of them are looking for the freedom,” Brown said, including couples who are seeking new careers after children leave home, as well as other professionals. Rob Behnke, who heads the training program at Appleton, Wisconsin-based Fox Valley Technical College, agreed with Brown, about those seeking new careers,…
