Arkansas Trucking Association

You are here: Home News In Brief
freight

Freight Index Rises to Best Level on Record

The amount of freight carried by the nation’s for-hire transportation industry rose 1.2 percent in November from October, rebounding from a one-month decline to reach its highest all-time level, according to a new U.S. Department of Transportation report.

The November 2013 Freight Transportation Services Index level of 116.5 was 22.8 percent above the April 2009 low during the most recent recession and exceeds the previous high of 115.4 in September 2013. Records go back to 2000.

Read more: Freight Index Rises To Best Level On Record

failures

Fleet Failures Increase Despite Higher Freight Demand

Despite improved freight demand, ongoing cost and regulatory pressures are to blame for the highest level of fleet failures in more than three years, according to Avondale Partners analyst Donald Broughton.

A total of 335 fleets with 7,775 trucks failed during the fourth quarter, the highest since the third quarter of 2010 and more than double the 150 carriers and 2,515 trucks in the final quarter of 2012.

Read more: Fleet Failures Increase Despite Higher Freight Demand

green

Yellow Light for Green Gas

Blu LNG and Clean Energy, two of the largest developers of natural gas fueling stations, have cut back on expansion efforts.

Blu LNG has laid off 20 percent of its staff, ousted several senior executives and slowed development of fueling stations. The company has a network of about 25 locations, with plans to grow to 40 to 50 by the end of the year, far less than it originally planned. It has cut its number of employees by 40 to 170.

Competitor Clean Energy Fuels is also slowing development of its network, reportedly altering plans to open one station every week-and-a-half to one every two weeks.

The reason? “To let the trucks catch up on us,” said Blu LNG CEO Merritt Norton, as development of the LNG networks has outpaced sales of LNG-powered trucks.

Contact Us

Arkansas Trucking Association
PO Box 3476 (72203)
1401 West Capitol Ave.
Little Rock, AR 72201

(501) 372-3462 | Phone
(501) 376-1810 | Fax

Our Mission

  • PROTECT the collective interests of trucking companies in the political and regulatory arenas.
  • PROMOTE the dynamics of trucking so that people have a better understanding of the link between America's primary freight delivery system and the standard of living they enjoy.
  • SERVE our members to help them to grow their business and their profits
You are here: Home News In Brief