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Mar 18, 2011

Spot Market * USA - Truck Index Hits Historic High

Demand shoots up 38 percent in February as capacity drops

Hummelstown,PENN,USA -The Journal of Commerce Online, by William B. Cassidy -Mar 15, 2011: ...  TransCore says Spot market truckload freight volume rose 38 percent in February from the previous month and 65 percent from a year ago, according to TransCore...  February's volume level was the highest for that month reported since TransCore founded its North American Freight Index in 1986, the company said...  Flatbed volume jumped 44 percent from January, while dry van freight increased 38 percent and refrigerated freight traffic rose 30 percent...  The dry van load-to-truck ratio was up 64 percent from January and 85 percent from a year ago... (Photo from personalspaceministorage)


* USA - NAFTA Trade Jumped Record 24.3 Percent in 2010

Washington,DC,USA -The Journal of Commerce Online Peter T. Leach  -Mar 17, 2011:  --   Value under pre-recession level after largest increase since 1994...  Surface transportation trade between the U.S. and its North American Free Trade Agreement partners Canada and Mexico jumped a record 24.3 percent in 2010, the Transportation Department said...  The increase was the largest since the DOT’s Bureau of Transportation Statistics began tracking the data in 1994 but the $791 billion value of NAFTA surface trade remained below pre-recession levels of 2007 and 2008...  The DOT said the value of NAFTA imports moving by surface trade, principally truck, increased 25.1 percent last year while exports rose 23.3 percent...

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