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Freight rates up for most carriers
in first quarter, TCP survey reveals

The recent First Quarter Business Expectations Survey completed by Transport Capital Partners LLC (TCP) found that a majority of the carriers reported that average freight rates in the past quarter continue to rise. Most of the rate increases were less than 5%, however. The larger carrier reported seeing more rate increases in the 1-5% range than did smaller carriers. However, smaller carriers reported more rate increases in the 5-15% range....

ATA hails continued increase in usage
of seat belts by commercial truck drivers

Officials from the American Trucking Associations praised industry and law enforcement groups, as well as the federal government, for their efforts to improve seat belt usage among commercial truck drivers....

Carriers shying away from using
broker services, TCP survey says

The recent First Quarter Business Expectations Survey completed by Transport Capital Partners, LLC (TCP) found 87% of carriers reporting said they have used less broker services during the past three months....

March Canadian Freight Index sets record

TransCore’s Canadian Freight Index set a new all-time record in March 2011, topping the previous record from May 2008. Volumes for March 2011 were up 35% from the previous year and 36% from the prior month. ...

Study links future truck crash
involvement to driver history

In a study, the American Transportation Research Institute (ATRI) reveals that truck drivers with certain driving records (ie, prior crashes, violations, and convictions) are more susceptible to being involved in a future truck crash than their peers with clean driving records....

ATA Truck Tonnage Index
climbs 1.7% in March 2011

The American Trucking Associations’ advance seasonally adjusted (SA) For-Hire Truck Tonnage Index increased 1.7% in March 2011 after falling a revised 2.7% in February....

Shippers Condition Index continues to fall

FTR Associates’ Shippers Condition Index (SCI) as reported in the firm’s April Shippers Update continues to decline, reflecting tightening capacity in the trucking sector....

Increased hiring, rising turnover rate
indicate recovery, ATA economist says

Hiring in the trucking industry picked up in the fourth quarter of 2010, which coupled with an increase in the turnover rate for linehaul truckload drivers portends increased demand for drivers as the economy recovers....

Preliminary Class 8 orders rise in March

FTR Associates has released preliminary data showing March 2011’s Class 8 truck net orders for all major North American OEMs totaled 28,871, a 20% increase over February preliminary orders and a 155% increase over the same period in 2010. The March results are a continuation of the strong trend from previous months. The figure includes US, Canada, Mexico, and exports....

Freight volume up, margins down
in 2010, TransCore survey indicates

The fourth annual TransCore Broker Benchmark Survey revealed that freight brokers on average moved 10% more freight in 2010, while their gross margins declined by 4% compared with the previous year’s survey respondents. Margins improved year-on-year for asset-based brokers, largely due to higher rates in 2010 that benefited their trucking divisions. ...

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