TransCore’s North American Freight Index climbed 36% last month compared to November 2010, making it the consecutive month with the highest same-month volume since 2005.
Compared to October, spot market freight volume slipped 4.4%, which is a normal seasonal trend. Spot market freight volume has declined in November since the company established the Index in 1996, with the historical average decline being 15%.
Dry van, the predominant equipment type, rates rose 6.3% compared to November 2010 and increased 0.7% compared to October. Refrigerated (“reefer”) van rates rose 3.0% year-over-year and 1.9% month-over-month. National average rates for flatbeds increased 6.4% compared to the same-month in 2010 but declined 4.0% compared to October.
Rate information is also provided by TransCore’s Truckload Rate Index and reflects line-haul rates excluding fuel surcharge. Truckload freight rates increased year-over-year on the spot market in November for all equipment types. When compared to October, rates rose for dry van and refrigerated (“reefer”) in November but declined for flatbeds.
TransCore’s monthly North American Freight Index reflects spot market freight availability on the company’s network of load boards providing the largest spot marketplace in the United States and Canada with over 60 million loads and trucks annually.
Printer Friendly Version
Email This Story
RSS
Economy: Related News
12/16/2011 – TransCore’s Freight Index Up 36%
TransCore’s North American Freight Index climbed 36% last month compared to November 2010, making it the consecutive month with the highest same-month volume since 2005….
More
12/15/2011 – Pulse of Commerce Index Increased 0.1% in November
The Ceridian-UCLA Pulse of Commerce Index, issued on Tuesday by the UCLA Anderson School of Management and Ceridian Corporation rose 0.1% in November following a 1.1% increase in October….
More
12/13/2011 – ACT Predicting 252K Class 8 Build for 2011
ACT Research still is predicting 2011 North American Class 8 truck build to wind up at around 252,000, despite some recent good economic news….
More
12/9/2011 – FTR: Recovery ‘Normal,’ Trucking Even Better
This slow economic recovery is not as unusual as many people think, and trucking continues to outperform it, said trucking economy expert Noel Perry Thursday – and there are signs it will continue to do so, including signs we may be nearing the end of the housing slump….
More
12/8/2011 – New TCP National Survey: Carrier View 2012 showing Opportunities for Volumes and Rates
The Transport Capital Partners 4th Quarter 2011 Business Expectations Survey found carriers optimistic for the year ahead with 61% of carriers expecting volumes to increase in 2012, and only 7% expecting volumes to decrease….
More
12/7/2011 – November Commercial Vehicle Net Orders Weaker than Expected
North America Class 8 commercial vehicle preliminary net orders for November surprised on the downside, coming in well below October actuals….
More
12/6/2011 – Preliminary Net Class 8 Orders Decline in November
FTR Associates has released preliminary data showing November 2011 Class 8 truck total net orders for all major North American OEM’s declined 27% from October to 20,400 units….
More
12/2/2011 – CKCVR Annual Fleet Study Shows Solid Demand for Class 8 Trucks in 2012
CK Commercial Vehicle Research surveyed 64 representative small, medium and large for-hire as well as private and government fleets for its 2011 annual fleet study….
More
11/30/2011 – NAFTA Surface Trade Continues Year-to-Year Gains
Trade using surface transportation between the United States and its North American neighbors, Canada and Mexico, was 13.8 percent higher in September 2011 than in September 2010, totaling $77.7 billion. …
More
11/28/2011 – Used Truck Volumes Slip in October
Reported volumes of used Classes 3-8 truck sales slipped back into negative territory in October, after enjoying a recovery in September. Scarce inventory and sustained demand may be the cause….
More
11/28/2011 – Commercial Trailer Orders at Highest Levels in 5 months
New and net trailer orders in October rose to their highest levels since April and May at 19,408 units and 17,384 units, respectively….
More
11/23/2011 – Brokers Paying More Than Shippers in Fewer Lanes in Q3
Trucking companies received the highest rates from freight brokers and intermediaries in 13% of lanes in the third quarter, compared to 24 percent in Q2….
More
11/23/2011 – ATA Truck Tonnage Index Shows Economy is Not Sliding into Recession
The American Trucking Associations’ advance seasonally adjusted For-Hire Truck Tonnage Index increased 0.5% in October after rising a revised 1.5% in September 2011….
More
11/23/2011 – Below-Trend Recovery Continues, Hindered by Policy Uncertainty
The National Association for Business Economics expects moderate economic growth through 2012, with little likelihood of another recession or an outbreak of inflation….
More
11/22/2011 – Used Commercial Vehicle Registrations Hit Record Levels
Used commercial vehicle registrations for Classes 3-8 in the U.S. during the first three quarters of 2011 reached record levels at 649,900 units, surpassing the previous record for the first nine months of a calendar year by 23.9%….
More
11/21/2011 – Class 8 Demand Hits Six-Month High in October: ACT
Class 8 new and net orders rose to six month highs in October, to 29,824 and 28,026 units, respectively….
More
11/15/2011 – Spot Market Stays Strong through October
TransCore’s North American Freight Index climbed 39% last month compared to October 2010. This was the highest same-month volume since the aftermath of Hurricane Katrina, which drove spot-market demand to record levels in 2005….
More
11/14/2011 – ACT: Forecasts for Commercial Vehicles Basically Unchanged
ACT Research says its forecasts for medium- and heavy-duty truck production remain essentially unchanged, forecasting 295,000 Class 8 truck production for 2012….
More
11/14/2011 – Cass Truckload Index Shows Better Linehaul Rates
Truckload carriers continue to command prices that are well above those from a year ago, according to the Cass Truckload Linehaul Index….
More
11/11/2011 – Spot Freight Index Up 39% Over Last Year
TransCore’s Freight Index was up 39% in October compared to the same month in 2010. This measurement of spot market freight volume was the highest for the month of October since 2005, when pent-up demand boosted load volumes to record levels following Hurricane Katrina….
More
11/10/2011 – BTS: Freight Shipments Rose 0.9% in September from August
The amount of freight carried by the for-hire transportation industry rose 0.9% in September from August, reaching the highest level since July 2008, according to the U.S. Department of Transportation’s Bureau of Transportation Statistics….
More
11/10/2011 – FTR Shippers Condition Index Reflects Tighter Capacity, Higher Rates
FTR Associates’ Shippers Condition Index fell in September by 0.9 points from the previous month, signaling tightening trucking capacity….
More
11/10/2011 – Pulse of Commerce Index Rises 1.1%
The Ceridian-UCLA Pulse of Commerce Index rose 1.1% in October after three consecutive months of negative numbers, offsetting the 1% decline in September….
More
11/7/2011 – Cass October Freight Index Shows Volumes Down, Expenditures Up
The October Cass Freight Index report shows shipment volumes increased by 2% over last October, but decreased by 10% compared to September. Even with the decrease in volume, Cass says rates paid by shippers were up significantly in the same period. …
More
11/7/2011 – Fleet Sentiment Report: Larger Fleets Ordering Equipment
More fleets are planning purchases of power units and trailers at a larger volume than the same period last year, according to a quarterly fleet survey.
The Q4 2011 Fleet Sentiment Report Buying Index shows a 22% improvement over the same quarter 2010. The index currently stands at 89.2. The lower index for Q4 versus Q1-Q3 is primarily a reflection of fewer fleets planning trailer orders in the next three months….
More
11/4/2011 – FTR’s Trucking Conditions Index Rises in September
FTR’s Trucking Conditions Index, as reported in the November Trucking Update, spiked 3.1 points in September to a reading of 9.2. While improved, the TCI remains well below its recent peak of 13.3 achieved in March….
More
11/4/2011 – Commercial Vehicle Market Led by Class 3 Vehicle Growth; Diesel Continues to Dominate: Polk
New commercial vehicle registrations (Class 3-8) in the U.S. are set to reach 440,000 units for the 2011 calendar year, an increase of 17.6% over the 2010 calendar year and a 33% uptick from 2009, according to Polk….
More
11/3/2011 – Fleet Sentiment Report Buying Index Shows Fleets in a Buying Mood
The Q4 2011 Fleet Sentiment Report Buying Index shows a 22% improvement over 2010. The index currently stands at 89.2….
More
11/3/2011 – Preliminary Net Class 8 Orders “Up Substantially” for October: FTR
FTR Associates has released preliminary data showing October Class 8 truck total net orders for all major North American OEM’s increased 17% over September to 27,395 units. …
More
11/3/2011 – 1 in 5 Smaller Fleets Would Consider Leaving Industry if Tonnage Does Not Increase: TCP National Survey
The recent Third Quarter 2011 Transport Capital Partners (TCP) Business Expectations Survey found that 15% of fleets are considering leaving the industry in the next six months if volumes do not increase….
More