Modern Materials Handling: Commerce and NRF data shows mixed sequential readings and annual gains, for February retail sales
Commerce reported that February retail sales—at $697.9 billion—were off 0.4% compared to January and up 5.4% annually.
Commerce reported that February retail sales—at $697.9 billion—were off 0.4% compared to January and up 5.4% annually.
Truckload freight volumes slipped in February and load-to-truck ratios, which indicate demand for truckload services on the spot market, hit their lowest points since May 2020, said DAT Freight & Analytics, operators of the industry’s largest online freight marketplace and DAT iQ data analytics service.
Freight volumes and spot rates slipped in February while load-to-truck ratios, which indicate demand for truckload services on the spot market, hit their lowest points since May 2020, according to trucking research firm and load board operator DAT Freight & Analytics.
The Truck Safety Coalition (TSC), a group that says it's dedicated to reducing the number of deaths and injuries caused by truck-related crashes, is calling on Department of Transportation Secretary Pete Buttigieg to prioritize truck safety measures in the wake of recent hazmat emergencies.
A key freight-sector operator is sending warning signals about the direction of the international shipping market.
The Women In Trucking Association (WIT) announced today its sixth annual list of Top Women to Watch in Transportation.
Truckload freight volumes slipped in February and load-to-truck ratios, which indicate demand for truckload services on the spot market, hit their lowest points since May 2020, said DAT Freight & Analytics, operators of the industry’s largest online freight marketplace and DAT iQ data analytics service.
Truck driver workforce development group the Women In Trucking Association (WIT) today announced its annual list of “Top Women to Watch in Transportation,” saying the list of 86 people shows how many women in transportation are making significant strides in their careers while having a positive impact on their company’s success.
Top trucking executives and analysts say that the $332 billon full-truckload (TL) market is showing signs of returning to normal levels of “seasonality” after three years of being whipsawed by COVID-affected demand levels.
Truck drivers joke that there are two seasons in the United States: winter and construction.