Friday, January 19, 2018
Business
Class 8 truck sales show strongest monthly figure since mid-2015

Class 8 truck sales show strongest monthly figure since mid-2015

Class 8 truck sales in the United States rose from the ashes of what appeared to be a subpar year compared to the past three, and showed the strongest monthly figure since mid-2015 to come within 420 sales of equaling 2016’s total, something many analysts thought was not likely to happen.

Diesel prices likely to keep going up as oil prices continue upward trajectory

Diesel prices likely to keep going up as oil prices continue upward trajectory

As truckers well know, U.S. diesel prices rose more than 2 cents a gallon to $3 on January 8, which is 40 cents higher than it was that time a year ago. That’s because the price of oil, from which diesel is made, is going up. And it will likely continue its upward trajectory.

Freight Services Index hits all-time high in November

Freight Services Index hits all-time high in November

WASHINGTON — The Freight Transportation Services Index (TSI), which is based on the amount of freight carried by the for-hire transportation industry, reached an all-time high in November, rising 0.2 percent in November from October, growing for the second consecutive month, according to the U.S. Department of Transportation’s Bureau of Transportation Statistics’ (BTS).

Retail imports end 2017 with 7% growth as sales continue increase

Retail imports end 2017 with 7% growth as sales continue increase

WASHINGTON — Imports at the nation’s major retail container ports grew 7 percent during 2017 over 2016 as retail sales continued to increase and the industry wrapped up the year with a strong holiday season, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates.

Economy adds 148K jobs, trucking loses 600

Economy adds 148K jobs, trucking loses 600

WASHINGTON — U.S. employers added 148,000 jobs in December, a modest gain but still enough to suggest that the economy entered the new year with solid momentum.

U.S.-NAFTA freight up year-over-year for 12th straight month

U.S.-NAFTA freight up year-over-year for 12th straight month

WASHINGTON — U.S.-NAFTA freight totaled $100.6 billion as all five major transportation modes carried more freight by value with North American Free Trade Agreement (NAFTA) partners Canada and Mexico in October 2017 compared to October 2016, according to the TransBorder Freight Data released Thursday by the U.S. Department of Transportation’s Bureau of Transportation Statistics (BTS).

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