St. LOUIS — The economic outlook from a freight perspective can be summed up in a few words: Volume continues to be strong, pricing even stronger, but those two positive statements raise broader inflation concerns.
WASHINGTON — The average on-highway retail price of a gallon of diesel declined another 2 cents a gallon to $3.007 for the week ending February 26, according to the Energy Information Administration of the Department of Energy.
COLUMBUS, Ind. — Following historically strong net order volumes in 2017’s final two months, January U.S. trailer net orders continued the pattern, booking the fifth best order month in history, according to ACT Research.
KANSAS CITY, Mo. — American Central Transport (ACT) will be increasing both contractor and company driver pay this month, as well as implementing a new bonus incentive for company drivers.
COLUMBUS, Ind. — The latest release of ACT’s For-Hire Trucking Index shows the Freight Rate Index reaching a new all-time high in the 10-year history of the survey, eclipsing the previous record set just last October.
CHATTANOOGA, Tenn. — U.S. Xpress, one of the country’s largest truckload carriers, has launched a new incentive program for current and future team drivers.