COOKEVILLE, Tenn. — As part of its continuing efforts to support up-and-coming professional drivers, Averitt Express recently enhanced its tuition reimbursement package for those who choose to begin their career with Averitt.
Cass Information Systems Inc. reported November 23 that their October Truckload Linehaul Index decreased 1.4 percent from the same period last year to just under 126, making eight consecutive declines. Driver pay increases, fleet growth, reduction in carrier bankruptcies and “an easing of the 34-hour restart rule” contributed to the continued declines, analysts at Avondale Partners said.
October used Class 8 truck sales increased 7 percent from the previous month, transportation analyst firm ACT Research reported November 22, making up a large chunk of an 11 percent decrease in September.
October’s American Trucking Associations’ seasonally adjusted (SA) For-Hire Truck Tonnage Index decreased 0.3 percent in October to 131.6, following a revised 6.3 percent drop during September, ATA reported today.
Transportation analyst firm FTRs Trucking Conditions Index (TCI) posted a reading of 5.47, a small drop from August, FTR reported today.