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News / North America Transportation

Plane

Freight logisticians chalk up best year since Great Recession, but capacity issues persist

Logistics Management

A new authoritative report credits logisticians’ savvy management of their transportation networks for holding logistics costs to a historically low percentage of Gross Domestic Product (GDP).

According to the 26th Annual State of Logistics Report (SoL), the logistics and transportation industry chalked up its best year since the Great Recession, with U.S. business logistics costs rising 3.1 percent to $1.45 trillion last year.

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May Cass Freight Index Report

Cass Information Systems

May shipment volume and payments have reached high points for 2015. Both indexes have been rising for the last four months after a dismal January due to bad weather and delays at West Coast ports.

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April 2015 Freight Transportation Services Index

U.S. Department of Transportation

The Freight Transportation Services Index (TSI), which is based on the amount of freight carried by the for-hire transportation industry, fell 1.8 percent in April from March, declining after an increase in the previous month, according to the U.S. Department of Transportation’s Bureau of Transportation Statistics’ (BTS). The April 2015 index level (120.4) was 27.2 percent above the April 2009 low during the most recent recession.

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March 2015 North American Freight Numbers

Department of Transportation

U.S.-NAFTA freight totaled $96.1 billion in March 2015 as three out of five transportation modes – air, rail, and truck – carried more U.S.-NAFTA freight than in March 2014, according to the TransBorder Freight Data released today by the U.S. Department of Transportation’s Bureau of Transportation Statistics (BTS)

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Highway

ATA Truck Tonnage Index Fell 3% in April

American Trucking Associations

American Trucking Associations’ advanced seasonally adjusted For-Hire Truck Tonnage Index fell 3% in April, following a revised gain of 0.4% during the previous month. In April, the index equaled 128.6 (2000=100), which was the lowest level since April 2014. The all-time high is 135.8, reached in January 2015.

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Cass Freight Index Report

Cass Freight Index Report

North American shipment volume and payments were up for the third month in a row. While first quarter GDP was an anemic 0.2 percent, it is not representative of the freight moving in the nation. Both the railroad and truck sectors reported increased loads in April. The strength of the U.S. dollar is boosting imports but hampering exports.

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Cass Freight Index Report – March 2015

Cass Information Systems

North American shipment volume and expenditures rose again in March as shipments picked up significantly from the West Coast ports. The U.S. and global economies did not grow as much as expected in the first quarter, but freight movement in the U.S. continues to strengthen.

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January 2015 North American Freight Numbers

Bureau of Transportation Statistics

U.S.-NAFTA freight totaled $89.3 billion in January 2015 as three out of five transportation modes – rail, truck, and air – carried more U.S.-NAFTA freight than in January 2014, according to the TransBorder Freight Data released today by the U.S. Department of Transportation’s Bureau of Transportation Statistics (BTS) (Figure 1, Table 1). Year-over-year, the value of U.S.-NAFTA freight flows by all modes decreased by 1.2 percent. The value of NAFTA trade by pipeline and vessel declined in January due to the reduced unit price of mineral fuel shipments.

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Truckload Services

ATA Truck Tonnage Index Fell 3.1% in February

American Trucking Associations

American Trucking Associations’advanced seasonally adjusted For-Hire Truck Tonnage Index decreased 3.1% in February, following a revised gain of 1.3% during the previous month. In February, the index equaled 131.6 (2000=100), the lowest level since September 2014.

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MIQ Truck

FTR’s Trucking Conditions Index remains in solid territory for carriers

Logistics Management

The most recent edition of the Trucking Conditions Index (TCI) from freight transportation forecasting firm FTR continued to reflect how current market conditions are translating into solid overall momentum for motor carriers.

The TCI reflects tightening conditions for hauling capacity and is comprised of various metrics, including capacity, fuel, bankruptcies, cost of capital, and freight.

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