Class 8 truck sales in the United States rose from the ashes of what appeared to be a subpar year compared to the past three, and showed the strongest monthly figure since mid-2015 to come within 420 sales of equaling 2016’s total, something many analysts thought was not likely to happen.
As truckers well know, U.S. diesel prices rose more than 2 cents a gallon to $3 on January 8, which is 40 cents higher than it was that time a year ago. That’s because the price of oil, from which diesel is made, is going up. And it will likely continue its upward trajectory.
WASHINGTON — The Freight Transportation Services Index (TSI), which is based on the amount of freight carried by the for-hire transportation industry, reached an all-time high in November, rising 0.2 percent in November from October, growing for the second consecutive month, according to the U.S. Department of Transportation’s Bureau of Transportation Statistics’ (BTS).
WASHINGTON — Imports at the nation’s major retail container ports grew 7 percent during 2017 over 2016 as retail sales continued to increase and the industry wrapped up the year with a strong holiday season, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates.
WASHINGTON — U.S. employers added 148,000 jobs in December, a modest gain but still enough to suggest that the economy entered the new year with solid momentum.
WASHINGTON — U.S.-NAFTA freight totaled $100.6 billion as all five major transportation modes carried more freight by value with North American Free Trade Agreement (NAFTA) partners Canada and Mexico in October 2017 compared to October 2016, according to the TransBorder Freight Data released Thursday by the U.S. Department of Transportation’s Bureau of Transportation Statistics (BTS).