Retail Spending Fires Back Up
States are beginning to reopen, and consumers are rushing back. Retail sales surged by 17.7% from April to May, according to data re...
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DAT Truckload Volume Index: Spot Market Stabilizes to Pre-COVID Levels, Largely Returning to Seasonal Patterns
After bottoming out at the beginning of May, truckload freight volumes recovered to pre-COVID levels and largely returned to seasona...
Oil Prices Slide on Second Surge Fears
Oil prices are slipping again on coronavirus fears. West Texas Intermediate crude dropped to nearly $35.00 per barrel on Monday morn...
While Household Debt Grows, Net Worth Falls By Record Levels
U.S. household net worth fell by record levels in the first quarter, according to the Federal Reserve’s Flow of Funds report. Househ...
TFI International Signs Agreement to Acquire Gusgo Transport
TFI International Inc. (NYSE and TSX: TFII) announced today that it has signed a definitive agreement to acquire privately held Gusg...
FTR’s April Trucking Conditions Index Lowest in History
Happy Friday! Who’s ready for more data telling us exactly how bad things got in April? This week, FTR Transportation Research...
American Airlines To Bring 141 Planes Out of Storage
Well, here’s some exciting industry news. American Airlines announced this week that they are taking 141 planes out of storage to ac...
New Unemployment Claims Slow to 1.5 Million
New unemployment claims rose again last week, but at a markedly slower pace. 1.5 million Americans sought new unemployment benefits...
Descartes Acquires Kontainers
(GLOBE NEWSWIRE) — Descartes Systems Group (TSX:DSG) (Nasdaq:DSGX), the global leader in uniting logistics-intensive businesse...
After weeks of volatility, spot rates settle in above pre-shutdown levels
DAT Solutions announced today that the national average van, refrigerated, and flatbed rates have recovered to where they were prior...