March freight metrics flat with February, Cass data shows

Freight shipments and expenditures in March were largely in line with February, underperforming normal seasonal trends, according to the Cass Freight Index published Monday. The year-over-year (y/y) declines in both data sets eased again during the month. March shipments were down 2.3% seasonally adjusted from February and 3.6% from the same month last year. Without…

There are 10% fewer freight brokerages than there were 1 year ago – WTT

On Episode 706 of WHAT THE TRUCK?!?, Dooner is talking to Brush Pass Research’s Kevin Hill about his latest data on freight brokerages. There are 35% more freight brokerages than there were five years ago but 10% fewer than there were one year ago. Are we close to finding the floor in this market? We’ll…

High schools driving students to trucking with training classes

More students are getting behind the wheel of trucks as dozens of high schools across the U.S. offer classes to help them obtain their CDLs. The driving force behind the trucking classes is the desire to expand career opportunities for high schoolers and bolster the professional driving field, teachers told FreightWaves. The American Trucking Associations…

Panama Canal’s future is dark and stormy, much to shippers’ relief

The end of Panama’s dry season is in sight, and the Panama Canal Authority (ACP) plans to welcome more vessels in the coming weeks. Over six months since the Panama Canal’s reservoir system suffered from the driest October in at least 73 years, the ACP finally sees a path to normalizing operations. On March 25,…