Category: News

Spot Market Insights: Van Spot Rates Decline While Flatbed Rates Rise

Spot Market Insights: Van Spot Rates Decline While Flatbed Rates Rise

| March 4, 2025

Market Demand Index rose to 85.4 – its strongest level in seven weeks – due principally to flatbed Data from Truckstop and FTR Transportation Intelligence for the week ended February 28 showed that broker-posted spot rates for dry van and refrigerated equipment resumed their mostly seasonal declines after a single week of increases. Refrigerated spot rates […]

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Volvo Trucks biggest in electric trucks in Europe and North America

Volvo Trucks biggest in electric trucks in Europe and North America

| March 4, 2025

Volvo Trucks is the leader in the heavy electric truck segment (16 tonnes and above) in Europe for the fifth year in a row. The company had a segment share of 47% at the end of 2024 and 1,970 electric Volvo trucks were registered in Europe during the year. The top five markets for Volvo’s […]

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Sean Duffy Sworn In as Secretary of U.S. Department of Transportation

Sean Duffy Sworn In as Secretary of U.S. Department of Transportation

| January 29, 2025

Upon arrival at USDOT headquarters, Secretary Duffy’s first act was signing a memorandum directing staff to start the process of resetting Corporate Average Fuel Economy (CAFE) standards Sean Duffy was officially sworn in as the 20th Secretary of the United States Department of Transportation (USDOT). Secretary Duffy was administered the oath of office by Supreme […]

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Goodyear Fleet HQ Program Hits 5 Million Service Events Milestone

Goodyear Fleet HQ Program Hits 5 Million Service Events Milestone

| January 29, 2025

Supported by a network of 2,300+ service providers including Goodyear Commercial Tire & Service Centers (CTSC), it ensures most vehicles are back on the road in about two hours   The Goodyear Tire & Rubber Company’s Fleet HQ program has now helped 5 million vehicles across North America increase uptime.  Fleet HQ is Goodyear’s comprehensive service […]

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Truckstop and Bloomberg Intelligence Survey Reveals Broker Optimism for Rising Spot Rates and Increased Demand

Truckstop and Bloomberg Intelligence Survey Reveals Broker Optimism for Rising Spot Rates and Increased Demand

| January 29, 2025

“Most brokers believe demand, rates and margins are poised to keep getting better,” said Lee Klaskow, senior freight transportation and logistics analyst at Bloomberg Intelligence. The Bloomberg | Truckstop semi-annual freight broker survey shows brokers are optimistic about this year as demand and spot rates improved significantly in the second half of 2024. “Most brokers believe demand, […]

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Mack Defense Receives Order for Trucks for the U.S. Army M917A3 Heavy Dump Truck Program

Mack Defense Receives Order for Trucks for the U.S. Army M917A3 Heavy Dump Truck Program

| January 27, 2025

The Mack Granite HDT model features advanced technology including ABS, modern control interfaces for user-friendly operation, and active safety systems Mack Defense announced that the U.S. military has ordered 103 Mack Defense M917A3 Heavy Dump Trucks (HDTs). The additional vehicles are part of the previously announced firm-fixed price $296 million contract over seven years that […]

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