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FTR Associates' Shippers Condition Index edged lower in July to a current reading of -3.8, meaning conditions were favorable for higher rates for truckers
Read More →Only 45% of the carrier executives responding to a new survey expect volume increases in the next 12 months, compared with 80% in May
Read More →Commercial vehicle orders held up reasonably well in August, despite a proliferation of bad news about the economy that led to a meaningful collapse in consumer confidence
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Stifel, Nicolaus & Company, an equity research firm, predicted a good future for the freight transportation industry, despite the bad economy, in its Transportation and Logistics Outlook for 2011 and Beyond
Read More →The Journal of Commerce and PIERS revised estimates for containerized import growth for 2011 and 2012 downward on Thursday, citing weaker economic data reported by the U.S. government that will lead to a nearly stagnant import trade for the rest of this year
Read More →Commercial truck orders improved during August, according to preliminary data from two trucking industry analysis firms
Read More →Trade using surface transportation between the United States and its North American neighbors, Canada and Mexico, was 11% higher in June 2011 than in June 2010, totaling $77.5 billion,
Read More →Net orders for commercial trailers declined 2% in July from June levels, the fourth straight monthly decline this year, says ACT Research Co. (ACT).
Read More →Durable goods orders jumped 4% in July, according to the Commerce Department. Demand for autos and airplanes surged, more than erasing June's 1.3% drop and doubling economists' expectations
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If dire economic news of recent days affects the U.S. economy, the observations of economists speaking at FTR Associates' monthly State of Freight webinar might be thrown out the window, said moderator Jonathon Starks, at the August 11 conference's outset. But through this year's first half, cargo movement in the U.S. was brisk and many trucking companies remain healthy as they enjoy higher rates
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