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Sep 15, 2015

TRUCKING MARKET * USA: Freight growth pushes trucking conditions to 2015 high

* DC - Freight report for July: Trucking conditions hit 2015 high mark


-- DOT reports freight uptick in July: The amount of freight carried by for-hire transporters in July, per the DOT’s monthly Freight Transportation Services Index, rose six-tenths of a percent in July. The amount of freight moved in March, April, May and June was also upwardly revised. The Index in the month was just half a percent shy of it’s all-time high reached last November... Truck and rail freight led the index’s reading, which encompasses all modes of transportation, including air, pipeline and water, in addition to truck and rail. Compared to last July, freight movement was up 1.4 percent. Year-to-date in July (compared to the end of 2014), the index is up 0.2 percent... Conditions for trucking companies, as measured by FTR’s monthly Trucking Conditions Index, rose to their highest point of the year in July, FTR reported this week... Upward revisions to first and second quarter freight growth, however, have driven the index upward as well. Better than expected freight growth and a “stronger freight forecast,” says FTR, were key factors in the index’s July gains. FTR says it expects the TCI to continue to trend higher in 2015’s remaining months, signaling better conditions for carriers... 
Washington, DC, USA - CCJ, by James Jaillet - September 11, 2015

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