Economist Noël Perry predicts truck freight volumes in the southeast will be off 25% in the short term due to the two hurricanes, Harvey and Irma.
Although it’s too early to collect data regarding the economic impact from Hurricane Irma, which hit Florida this week, using the fallout from Hurricane Harvey’s impact on Texas, Noël Perry, a partner at research firm FTR Transportation Intelligence and senior economist for Truckstop.com, sees significant impact on truck freight volumes ahead.
Averitt Express announced it has expanded its direct less-than-truckload network to provide full state coverage of Illinois and additional points in Wisconsin.
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Averitt Express announced it has expanded its direct less-than-truckload network to provide full state coverage of Illinois and additional points in Wisconsin.
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More ports in Florida resume limited operations
Truckers are playing a critical role as Florida and other areas of the southeastern United States begin the recovery proces…
More ports in Florida resume limited operations
Truckers are playing a critical role as Florida and other areas of the southeastern United States begin the recovery proces…
Even a 1% increase in MPG can have a significant impact on reducing operating costs. In our 2017 Annual Fleet Fuel Study we reported findings from 19 fleets operating more than 71,124 tractors and 234,292 trailers.
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Cloud Logistics has integrated its TMS solution with Truckstop.com’s RateMate, a spot market rate index that allows users to see rates paid and posted by brokers and carriers.
“In a very volatile market, having current, accurate benchmark data readily available is crucial for transportation planners,” said David Landau, executive vice president for Cloud Logistics. “By integrating RateMate from Truckstop.com into our Workbench, our customers get the information they need to make the best decisions while tendering or receiving quotes on loads.”
Recovery efforts already taking shape
Even as Hurricane Irma was still working its way north through Florida, reports of widespread destruction were beginning to emerge, a…
TransRisk announced it has added transportation markets leader Donald Broughton to its team. Broughton, founder and principal of Broughton Capital, has been named TransRisk’s chief market strategist. He will provide ongoing market commentary an…
Swift Transportation Company announced that its stockholders approved a merger with Knight Transportation Inc. during a recent special meeting.
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