This comprehensive annual report provides a snapshot of just how vital the trucking business remains for the U.S. economy. In 2020, the trucking industry proved to be particularly vital to the ...
FTR’s Trucking Conditions Index (TCI) measure for October fell to a reading of 7.75 – the weakest reading since July 2020 – because of a surge in diesel prices. Had fuel prices been a neutral factor, ...
The average cost per mile for motor carriers fell in 2020, as reductions in fuel and driver benefits costs offset rising costs in nearly every other area. That’s according to the American ...
FTR’s Trucking Conditions Index (TCI) for March was negative for the first time since May 2020, plunging to a reading of -7.38 from February’s positive 12.06 reading. As expected, surging diesel ...
2019 will be remembered as a really tough year for trucking companies. As a whole, the industry did not generate a profit. Largely, this was caused by too much capacity added to the market in 2017 and ...
Among my most lasting early COVID memories are the reassuring sight of trucks hauling groceries and goods. It was spring 2020, when the nation was reeling from the emerging pandemic and the loss of 22 ...
Jury awards exceeding $10 million, known as nuclear verdicts, are on the rise in the trucking industry – and those decisions are making it tougher for transportation companies to stay in business.