US shippers may be concerned about trucking rate hikes in 2017 and 2018, but pricing power isn't likely to slip away from them soon.
Falling revenue per tractor and higher equipment and insurance costs will narrow Covenant Transport's third-quarter profits, and the truckload carrier won't be alone.
The impacts of Brexit on the world’s largest trading center for plants and flowers provides a window into how the decision to leave the EU will impact European trade and corporations.
The world’s factory will focus more on domestic consumption, and its citizens will increasingly sate their taste for foreign goods domestically.
After two months of job creation, trucking employment numbers dropped in September, another indication of slow freight demand and excess truckload capacity.
Truckload rates have been declining year-over-year for six months, according to one measure, as US shippers hobbled by a slow economy demand transportation savings.
FedEx raised revenue, profit in its first quarter as owner of TNT Express, despite integration costs following acquisition.
Seasonal adjustments may account, in part, for an unusually strong gain in truck tonnage in "difficult-to-read" August.
Largest US truckload carrier sees increase in demand from contract customers, but rates still down 1 to 1.5 percent.
Trucking companies and freight shippers shouldn't expect a "rally" or "retreat" but a very slow rebound.