Based on the latest reports on durable goods manufacturers’ shipments, orders and inventories, freight volume has yet to decline. The most recent numbers from the US Census Bureau show that orders for manufactured durable goods increased in May by 0.7% to $267.2 billion. This follows increases for seven of the past eight months.
US Trucking Industry Hauls Record $726 Billion in Freight in 2015
2015 was a remarkable year for the US trucking industry which saw it set a new record by hauling freight worth in excess of $726 billion over the twelve months. The latest data is provided by the American Trucking Association (ATA) and signals back-to-back years that freight value has exceeded $700 billion.
Study Explores True Cost to Vehicles From Damaged Roads and Highways
e find ourselves frequently writing about the importance of investment in transportation infrastructure and the economic impact of congestion and highway issues nationwide. A new study actually analyzes the true cost to an average driver due to damaged road surfaces.