PORTLAND, Ore. — Total February truckload freight volume increased 48 percent from the same month last year, DAT Solutions reported yesterday. However, the DAT North American Freight Index fell 13 percent to 345 and spot truckload rates fell across the board compared to January. An influx of capacity from contract carriers held down spot van and refrigerated freight rates.
After inching up for the past four weeks, U.S. on-highway diesel prices took a nose dive of 1.5 cents Monday to a national average of $2.564 a gallon.
GREEN BAY, Wis. — Schneider, a provider of transportation, intermodal and logistics services, has agreed to a new multi-year agreement with CSX Transportation under which the railroad will continue to serve as one of Schneider’s primary rail providers.
CUDAHY, Wis. — Roadrunner Transportation Systems has formed Roadrunner Temperature Controlled to focus on providing temperature-controlled solutions for both large and small customers.
SOUTHFIELD, Mich. — February North American heavy truck sales dropped 29.5 percent from the same month in 2016 to 11,200 from 15,876, though the total represents a 2.3 percent increase from January’s total, WardsAuto reported today.