TRUCKING STATISTICS * USA - NAFTA Surface Trade Rises 37.6% in June
Washington,DC,USA -Transport Topics -31 Aug 2010: -- Surface transportation trade among the United States, Canada and Mexico rose 37.6% in June from a year earlier, the Department of Transportation said Tuesday... Trade among the U.S. and North American Free Trade Agreement partners increased to $69.9 billion, DOT’s Bureau of Trade Statistics said in its monthly report... U.S.-Canada trade rose 35.5% to $42 billion in June year-over-year. The value of truck imports to the U.S. was 35.8% higher, while truck exports rose 34.2%... U.S.-Mexico trade jumped 41% to $27.8 billion, with the value of truck imports 37.9% higher than a year ago. U.S. truck exports rose 34.5%... (Photo by Sandy Huffaker for The Wall Street Journal. BORDER BRAWL: A Mexican driver waited Monday for U.S. Customs to inspect his truck at Otay Mesa, Calif. Mexico said it would slap tariffs on U.S. goods in a dispute over Mexican truckers' access to American roads.)
* USA - Cass Freight Shipment Index Rises
Bridgeton,MO,USA -Transport Topics -3 Sept 2010: -- Cass Information Systems, the freight bill-processing unit of a St. Louis bank, said that shipments in August rose 16.5% from the same month last year... The index — based on payments totaling $17 billion a year to truckers, railroads and other carriers — fell 8.6% in July from June, which had been the highest level this year, to July, before rising 8.3% in August... American Trucking Associations said last week that truck tonnage continued its string of year-over-year gains in July, rising 7.4% from a year ago, the eighth straight increase... Year-to-date tonnage is 6.7% higher last year, ATA reported in its monthly seasonally adjusted for-hire truck tonnage index...
* USA - Freight Index Rose for Second Month in July
Washington,DC,USA -The Journal of Commerce Online, by Thomas L. Gallagher -Sep 9, 2010: -- Modest 0.4 percent growth follows trend but remains below year-ago levels... U.S. freight shipments increased slightly in July for the second consecutive month, according to a report from the U.S. Department of Transportation's Bureau of Transportation Statistics... The Freight Transportation Services Index rose 0.4 percent in July from its June level, BTS said... The July Freight TSI of 98.2 is a 5 percent increase from the recent low of 93.5 reached in May 2009. In May 2009, the index was at its lowest level since June 1997 after declining 15.3 percent in the previous 10 months beginning in August 2008... Although the index has increased in 11 of the last 14 months, a steep 4 percent plunge in April is responsible for a decline of 1.3 percent through the first seven months of 2010... The July Freight TSI is down 13 percent from its historic peak of 112.9 reached in May 2006... The Freight TSI measures the month-to-month changes in freight shipments in ton-miles, which are then combined into one index. The index measures the output of the for-hire freight transportation industry and consists of data from for-hire trucking, rail, inland waterways, pipelines and air freight... The index is a seasonally adjusted index that measures changes from the monthly average of the base year of 2000. It includes historic data from 1990 to the present. The index does not include international or coastal waterborne shipments, private trucking, courier services or the U.S. Postal Service...
* USA - Transportation Hiring Slips in August, Monster Says
New York,NY,USA -The Journal of Commerce Online, by William B. Cassidy -Sep 2, 2010: -- On-line hiring firm's employment index drops from July, despite annual gain... Hiring in transportation and warehousing slowed in August, according to Monster Worldwide, as the hiring and recruitment specialist's U.S. employment index ropped slightly from July... Month-to-month, though, the index dropped 2 points in August to 136, down 3.5 percent from June, when it peaked after climbing 23.7 percent since January... The 12 percent year-over-year gain in August was the seventh consecutive monthly increase for the index, which tracks 20 industries and 23 occupational categories... Manufacturing, transportation and warehousing hiring registered some slowdown in annual growth rates in August compared with July, Monster said...
* USA - ISM Services Index’s Growth Slows in August
Tempe,Arizona,USA -Transport Topics -3 Sept 2010: -- The U.S. economy’s service sector expanded in August, though its pace of growth slowed, the Institute for Supply Management said Friday... ISM’s monthly services index slipped to a reading of 51.5, from 54.3 in July, ISM said in its monthly report. Figures greater than 50 indicate expansion... ISM’s services index measures non-manufacturing components of the economy, and the services sector, which includes transportation, retail sales and financial services, accounts for nearly two-thirds of the U.S. gross domestic product...
* USA - Intermodal Hits New 2010 High. Strongest weekly volume since 2008 autumn peak levels
Washington,DC,USA -The Journal of Commerce Online, by John D. Boyd -Aug 26, 2010: -- Major U.S. railroads set a new 2010 peak for intermodal shipments in the week ending Aug. 21, the second straight week of new highs in container and trailer loadings... The Association of American Railroads said the 236,404 intermodal shipments -- originated by the five U.S.-owned Class I carriers and some large regional rail lines that report their totals to the trade group - was up 22.4 percent from the same week last year... And it was even up 2.6 percent from the 2008 week, meaning that intermodal traffic is running so strong that it has made up the losses since the worst parts of the recession... Most of the gain is coming from container shipments, which were up 24.2 percent from a year ago to 202,475 units. However, trailer loadings on rail flatcars continued to rise as well, in contrast to their long-term declining trend, to 33,929 units in the latest week or a 12.4 percent rise from the same week last year...
* USA - Billings Rise 13 Percent for Truck Brokers, 3PLs
Alexandria,VA,USA -The Journal of Commerce Online, by William B. Cassidy -Sep 8, 2010: -- Higher costs offset volume increase, pressuring 3PL margins, TIA says... Freight brokers and logistics companies increased sales in the second quarter, despite tight capacity, the Transportation Intermediaries Association said... Total dollars billed by TIA members surveyed increased 13 percent from the first quarter of 2010 at a time many brokers had difficulty finding trucks for shippers... The number of shipments handled by third-party logistics companies rose 8 percent in the quarter, according to TIA's quarterly 3PL Market Report, released Sept. 8... Higher spot market pricing and equipment shortages put pressure on profit margins, however, as 3PLs paid significantly higher rates to move freight - costs that couldn't always be passed on to their customers...
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