The report’s first quarter shipment index value, at 87.5, was off 7.8% compared to the fourth quarter and down 21.6% annually.On the spend side, the report observed that the first quarter reading, at 194.7, fell 27.9% annually and was down 16.8%, from the third fourth quarter to the first quarter.
Taki Darakos, Pitt Ohio’s fleet manager who oversees the acquisition and maintenance of 1,550 company-owned tractors and box trucks, testified before Congress on the technological, operational and financial challenges fleets face as federal and state regulations mandate the adoption of battery-electric trucks.
The ATA’s advanced Seasonally Adjusted (SA) For-Hire Truck Tonnage Index fell 2%, to 113.4 (2015=100), following a 4% February gain, to 115.7, and a 3.2% January decline.
The trucking industry says new, tougher-than-expected emission standards for heavy-duty trucks recently announced by the Biden Administration have unachievable targets and will carry real consequences for the U.S. supply chain and movement of freight throughout the economy.
As the Biden administration moves ahead with planned deployment of medium- and heavy-duty vehicle electric charging and hydrogen fueling infrastructure from 2024 to 2040, trucking industry officials are warning of excessive costs associated with such electrification.
In our latest Special Digital Issue, Logistics Management has curated several feature stories that neatly encapsulate the rise of automated systems and...